Marketwatch Apple Inc. said on Monday that it will initiate a quarterly dividend of $2.65 a share sometime in the fourth quarter of this year. The firm also said it will set a $10 billion …
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Later this week the Fed is expected to release results of the latest round of Bank stress tests. Here’s what they will entail, from the New York Times: Under the tests, Federal Reserve specialists are …
Continue readingTomorrow we get one of the most important monthly data points on the health of the recovery, monthly non-farm payrolls. The market has had a tendency to react negatively to the news of late, despite …
Continue readingMario Draghi, and the governing body of the European Central Bank meet tomorrow. Expectations are low for much news as interest rates are assumed to stand still even as many outsiders desperately urge them to …
Continue readingWSJ $261.98 billion: How much more companies took in than they spent in the third quarter. Companies continue to sit on lots of cash, frustrating those hoping to see it deployed to spark jobs growth. …
Continue readingTomorrow’s Tape: All About the Benjamin (Bernanke) Economics: 10:00 a.m. ET: The nation’s realtors let us know about existing home sales in August. Economists expect a small gain, reversing a decline in July. 2:15 p.m.: …
Continue readingWSJ Economics: 7:00 a.m. ET: We get weekly mortgage-applications data from the Mortgage Bankers Association. Low rates, no takers. 10:00 a.m.: Wholesale sales and inventories for June. I fell asleep for a moment there. 10:00 a.m.: …
Continue readingWSJ Next week includes another batch of crucial earnings. The reporting season has been another strong one, but forward guidance has been a mixed affair. Stocks generally have trended higher, but the debt-ceiling debate will …
Continue readingWSJ Federal Reserve officials downgraded their assessment of the U.S. economy’s performance Wednesday, but gave no indication they intend to take new steps to boost growth and jobs. After a meeting of the Fed’s decision-making …
Continue readingSeeking Alpha Today’s Markets In Asia, Japan +0.1%. Hong Kong -0.9%. China +0.2%. India -0.6%. In Europe, at midday, London -0.9%. Paris -0.7%. Frankfurt -1.1%. Futures at 7:00: S&P -0.51%. 10-yr +0.2%. Euro -0.44% vs. …
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