UBS Reiterates Buy on General Electric (GE) Following 2Q EPS Beat
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Nasdaq opens at record high after Google results
July 17, 2015 9:59 AM EDTBy Tanya Agrawal
(Reuters) - The Nasdaq composite index opened at a record high on Friday on strong results from Google (NASDAQ: GOOGL), while Boeing (NYSE: BA) kept a check on the Dow.
Strong consumer price index data, rebounding housing starts numbers and surging building permits could give the Federal Reserve confidence that inflation will gradually rise toward its 2 percent target.
Google jumped as much as 14.5 percent to a record high of $688.81, a day after its profit beat forecasts for the... More
General Electric (GE) Tops Q2 EPS by 3c
July 17, 2015 6:31 AM EDT(Updated - July 17, 2015 6:33 AM EDT)
General Electric (NYSE: GE) reported Q2 EPS of $0.31, $0.03 better than the analyst estimate of $0.28. Revenue for the quarter came in at $32.8 billion versus the consensus estimate of $28.7 billion.
GE had a strong second quarter, with good industrial organic growth and exceptional cash generation. The environment remains one of slow growth and volatility, particularly in growth markets, while the U.S. is gradually improving. Our industrial businesses had... More
Trading Radar for 7/17: General Electric (GE), Comerica (CMA), Honeywell (HON), Progressive (PGR), SunTrust (STI) Report
July 16, 2015 2:45 PM EDTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
8:30am EDT
Earnings:
Autoliv... More
