Filed under: Company News , Earnings JPMorgan Chase ( JPM ), the largest U.S. bank by assets, reports its first-quarter earnings early tomorrow morning. Analysts are expecting profit of 32 cents a share , compared with a loss of 28 cents a share last quarter and a 68-cents-a-share profit a year ago....

Filed under: Energy , Economy Its been said that it would never happen, but this summer it may cause motorists do a double-take at the gas pump. For relatively low gasoline prices? No, U.S. motorists generally expect gas prices to remain in a comfortable (but not cheap) range. This summer diesel fuel...

Filed under: Company News Intel Corp. ( INTC ) shares declined after the world’s largest chip maker posted results that trounced analyst expectations , with earnings coming in at 11 cents a share, versus expectations of 3 cents a share. Sales also topped estimated. But the problem was a very cautious...

Filed under: Company News , Economy Early last year when the Bush Administration pushed through tax refunds, consumer spending ticked up as the money made its way into the retail markets. But the spending spree was short-lived and retail sales dropped as the recession took hold. The same principles,...

Filed under: Investing With all eyes on the financial sector these days, the market’s reaction to an extremely upbeat early look at first-quarter earnings from Wells Fargo ( WFC ) was hardly a surprise. With banks in the lead, the Dow Jones Industrial Average surged 3.14 percent, or 246 points,...

Filed under: Company News Every major U.S. bank is rallying like mad on the heels of Wells Fargo ( WFC ) reporting that it made a profit in the first quarter. WFC shares have spiked up 23 percent to $18.50 in early trading. The financial firm said it expects to report record net income of approximately...

Filed under: Company News , Columns , Earnings Investors are expecting Wall Street to continue its recent winning ways. Stocks are poised to open higher as investors await March retail sales data and the weekly unemployment report. Markets in Europe and Asia were higher. Retail sales, though week, may...

Filed under: Company News , Economy There’s no shortage of evidence that banks’ woes have damaged businesses in other industries. Now, with automakers nearing the precipice, it may be the financial industry’s turn to suffer some collateral damage. Many of the banks at risk do business...

Filed under: Company News The Newspaper Association of America got an earful from Google ( GOOG ) CEO Eric Schmidt. Newspaper executives got to sit and listen to a man whose company is making the extraordinary kind of money that they did a decade ago, in the age before broadband. Now consumers can turn...

Filed under: Company News , Columns , Earnings U.S. stocks may be poised to drop for a third day following yesterday’s disappointing results from Alcoa Inc. ( AA ), the first major Dow component to report this earnings season. According to Bloomberg News , futures on the S&P 500 expiring in...