Wall Street seeks batch of good news to spark gains
Wall Street eyes a fresh batch of earnings and inflation data as the first quarter season nears. Investors hope strong reports and forecasts can lift stocks after a week of losses, with Fed rate paths and a slowing economy shaping expectations for the spring and summer. Companies like Caterpillar, Intel, IBM, and Johnson & Johnson loom large for clues on earnings and sector trends.
MENTIONED IN THIS ARTICLE
New York
Wall Street
America
Federal Reserve
May
Joseph Keating
AmSouth Asset Management
Fed
Dow
Standard & Poor
Caterpillar Inc
IBM Corp
Intel Corp
IBM
Intel
Johnson & Johnson
Bank of America
Intel Corps
Tax Reform Panel Hearings and Major Corporate Reports
Today President Bush’s tax reform panel holds a hearing at the University of Maryland while Bank of America Eli Lilly and other firms release quarterly results. The week also features Senate Banking Committee hearings on Fannie Mae and Freddie Mac regulation and telecom mergers, with several large companies reporting earnings. Economic indicators include March producer prices and housing starts as U S Chamber of Commerce hosts tourism summit and House Ways and Means debates tax exempt groups and CAFTA. Greenspan testifies before Senate Budget panel as AT T BellSouth Google and Merck report earnings.
MENTIONED IN THIS ARTICLE
Bush
University of Maryland
Bank of America and
Eli Lilly
Senate Banking Committee
Fannie Mae
Freddie Mac
Senate Judiciary Panel
U.S. Chamber of Commerce
House
Ways and Means
Ford
Motorola
Sprint
Fed
Alan Greenspan
Senate
At&t
BellSouth
Google
Merck
FAA calls Wichita subsidy unjust in AirTran Delta dispute
The FAA pressures Wichita to fix unequal subsidies granted to AirTran Airways versus Delta Air Lines within 30 days. Delta seeks equal access to subsidies amid a fight over FAA grant eligibility tied to anti discrimination rules, with millions in future grants at stake for Wichita Mid-Continent Airport.
MENTIONED IN THIS ARTICLE
Wichita
Federal Aviation Administration
AirTran Airways
Delta Air Lines
FAA
AirTran
Delta
Atlanta
Wichita Mid-Continent
Also Mentioned on This Page
Associated Press
Labor Department
Aeveal
Mark Lennihan
Coca-Cola
General Motors
Pfizer
Yahoo
Dynamics
WWE
Riverfront Plaza
Ste
Kids Unlimited
NaeKmsiae Wisie
Eae
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!