strong
Investors demand strong revenue growth
By Matt Krantz, USA TODAYIt’s not just about the bottom line during the ongoing earnings season, as investors are looking for companies that can do more than just cut costs.
With 100 companies in the Standard & Poor’s 500 index reporting their financial results so far, investors are paying keen attention to companies’ revenue growth and punishing many companies that disappoint, even if their profit comes in strong.
Shares of Yahoo › Continue reading
Strong earnings from Apple, Coke send stock futures up
By Stephen Bernard, AP Business WriterNEW YORK — Stock futures are headed for a higher opening after Apple and Coca-Cola turned in stronger earnings results.
Apple (AAPL) easily surpassed profit forecasts and, more importantly, raised its revenue outlook above analysts’ expectations when it released results after the market closed Tuesday.
Coke’s (KO) results, released early Wednesday, also came in ahead of forecasts. Income rose › Continue reading
Tax credits for energy-saving windows, cars going strong
By Sandra Block, USA TODAYIf your air conditioner sputtered and died last August, forcing you to buy a new one, you probably didn’t clap your sweaty hands and shout, “Hooray! We’ll qualify for an energy-efficient tax credit!”
But if your new air conditioner uses less energy than the one it replaced, there’s a good chance you’ll be able to recoup some of your costs when you file your tax return.
Last year’s economic stimulus package › Continue reading
Tax credits for energy-saving windows, cars going strong
By Sandra Block, USA TODAYIf your air conditioner sputtered and died last August, forcing you to buy a new one, you probably didn’t clap your sweaty hands and shout, “Hooray! We’ll qualify for an energy-efficient tax credit!”
But if your new air conditioner uses less energy than the one it replaced, there’s a good chance you’ll be able to recoup some of your costs when you file your tax return.
Last year’s economic stimulus package › Continue reading
Stock market: Stocks flat for day, post strong monthly gains
By Tim Paradis, AP Business WriterNEW YORK — The stock market eked out a gain Friday as investors took downbeat economic news in stride.
The modest gains still left stocks with a loss for the week but the Dow Jones industrial average and the Standard & Poor’s 500 index logged their best month since November.
The latest bad news came from several corners including insurer American International Group, which reported a › Continue reading
Texas’ now-strong banks hold lessons for rest of U.S.
By Paul Wiseman, USA TODAYDALLAS — When the financial system collapsed last year, a short-handed Federal Deposit Insurance Corp. went looking for people schooled in the grim art of cleaning up failed banks.
At least the FDIC knew just where to find the grizzled veterans: right here in the heart of Texas, where a banking cataclysm two decades ago wiped out more than 650 Texas banks and savings and loans. The FDIC has brought 44 of its own › Continue reading