HP Close to Appointing New CEO

Hewlett-Packard will probably have a new CEO in under a week. The candidate will likely come from inside the company, which would almost certainly allow the board of directors to speed through the process.
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FedEx Earnings More than Double, Plans 1,700 Layoffs

Despite more than doubling its earnings over the last three months, economic bellwether FedEx says that it will slash 1,700 jobs as it closes 100 facilities.
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Can a Quadruple Witching Day Enchant Stocks?

Trading volume last week was anemic, but things could get moving again this week. In addition to some big earnings reports, this Friday is a “quadruple witching day,” and the market often puts up weekly gains when they end with…

Can a Quadruple Witching Day Enchant Stocks?

Trading volume last week was anemic, but things could get moving again this week. In addition to some big earnings reports, this Friday is a “quadruple witching day,” and the market often puts up weekly gains when they end with…