S&P gives the odds on a U.S. downgrade and projects its cost in higher interest rates
There’s a 50% chance that it will lower the U.S. AAA credit rating by one or more grades within three months, Standard & Poor’s said on July 21.
A post-earnings drop makes a good entry point for Johnson Controls
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Trying to figure out where gold and silver are headed? Today’s volatility offers a trial run of the possibilities
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Enough volatility to make your head spin
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Hope springs eternal on Greek debt rescue–and stocks rally on so-called “breakthrough”
Unless your standard for breakthrough is set so low that getting German Chancellor Angela Merkel to attend today’s European emergency summit meeting fits the bill, I’d call what emerged from the talks between Merkel and French President Nicolas Sarkozy more of a shopping list.
Earnings at U.S. Bancorp beat Wall Street projections–even on core basic banking opertions
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Continuing the earnings rally today depends on how the market sees yesterday’s earnings from Apple
Will Apple’s (AAPL) huge earnings beat yesterday keep the stock market’s earnings rally going today, July 20? Or will the company’s typically conservative guidance for the next quarter put the rally on pause?
Earnings trump macroeconomics–but how long will the rally run without good news on that front?
So far earnings are over-powering worries about the U.S. debt ceiling crisis and the euro debt crisis. The Standard & Poor’s 500 stock index finished the day up 1.6% at 1326.73.