Only 24 companies reported earnings last week, and below is a snapshot of how they fared. While three of the four big companies (in yellow) that reported struggled following their reports, the majority actually did well. The average one-day change of the stocks that reported was +2.54%, and 75% of companies beat earnings estimates.
Mattress Firm (MFRM) did the best with a gain of 17.
For the fourth week in a row, all three of the major U.S. stock indexes have risen. Over the past five days, the Dow Jones Industrial Average (Dow Jones Indices:.DJI) moved higher by 1.56%, or 235 points, and now sits at 15,354. The... Read Post
Earnings season is winding down this week, with just a dozen major firms reporting quarterly results. The retail sector remains closely in focus, as giants like Tiffany & Co. and PVH announce earnings. Below is this week's earnings ... Read Post