Market Gawk

Bond prices jumped Monday morning after the release of a better-than-expected personal income report, which also showed an improved inflation reading.

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Personal income rose, while the PCE price readings were relatively tame. Construction spending rose, and the Chicago PMI pulled back

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Mexican billionaire misses out on deal to expand in Latin America as Rome keeps phone owners close to home.

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Futures are slightly lower this morning, indicating a potential weak start to the session as investors anxiously await the release of a number of important economic reports this week…(Read More)

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Gum and candy maker The Wm. Wrigley Jr. Co. on Monday said first-quarter net income rose 28 percent, helped by international sales.

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Last week, there was no celebrating. There were no cheers or 20-point font headlines exclaiming the news that the Dow had busted through the 13,000 level for the first time ever…(Read More)

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Verizon Communications (VZ) strolled into the earnings spotlight this morning to reveal that its first-quarter profit came in at %241.5 billion, or 51 cents per share, which is down from its year-ago earnings of %241.63 billion, or 56 cents per share.The telecommunications firm stated that the latest results include an extraordinary loss of %24131 million, or a nickel per share, related to the Venezuelan government’s nationalization of telecommunication services…(Read More)

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The following stocks were among the most actively traded on Monday morning:

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It looks like we’re set for a flat open today. I’m wondering if the bulls have any fire power left for a month-end markup. That might be a nice setup for the “sell in May and go away” trade. And speaking of going away, I’m taking the week off. I […]

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This morning, health insurer Humana (HUM) stepped into the earnings fray and posted first-quarter earnings of 42 cents per share…(Read More)

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