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Investors Await 1Q Earnings, Home Sales
Summary from multiple countries, from articles in English
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Alcoa Inc. unofficially opened the first-quarter earnings season by reporting profits sank by more than half as higher costs and a slumping U.S. dollar weighed down results, but executives said the company's future is bright (article 3)
NEW YORK - Wall Street started the week with a narrowly mixed performance Monday, with many investors moving to the sidelines as they wait for quarterly profit reports. (article 9)
With metal prices slipping, shares of mining and other natural resource companies appeared set to decline, while AMD's news was likely to weigh on technology shares. (article 4)
Despite signs the economy may have already slipped into recession, investors had hoped the start of the first-quarter earnings reporting season would bring positive surprises to justify loftier equity prices. (article 4)
Yesterday stocks ended little changed as many investors chose to keep to the sidelines until the earnings season provides a better picture on how companies performed in the first three months of the year given the deteriorating economic climate. (article 5)
But Wall Street looked beyond the profit shortfall and currency issues to focus on the rising price of aluminum and the shares recovered after briefly declining in after-hours trading. (article 2)
But with earnings on tap and the Federal Reserve issuing minutes from its March meeting on Tuesday, the stock market pulled back cautiously. (article 7)
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Other stories about earnings, WaMu and percent:
Event tracking:
Story keywords
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earnings, WaMu, percent, Investors, Mutual |
Source articles
- Related article (Washington Post, 04/08/2008, 441 words)
- Related article (Washington Post, 04/07/2008, 613 words)
- Related article (cbc.ca, 04/08/2008, 35 words)
- Futures drop as Alcoa, AMD fan profit worry (boston.com, 04/08/2008, 451 words)
- WALL STREET OUTLOOK Lower open seen on Alcoa 1Q profit shortfall, AMD warning (msnbc.msn.com, 04/08/2008, 195 words)
- Investors Await 1Q Earnings, Home Sales (Washington Post, 04/08/2008, 638 words)
- Related article (seattletimes.nwsource.com, 04/07/2008, 600 words)
- Related article (Washington Post, 04/08/2008, 481 words)
- Related article (seattletimes.nwsource.com, 04/08/2008, 374 words)
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blaster@cs.columbia.edu
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