Chevron sees Q4 earnings higher than Q3
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Chevron Corp  said on Thursday fourth-quarter earnings should rise sequentially due to higher oil prices, but lower profits from gasoline production would restrain results for the second straight quarter.
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U.S. stocks rose on Monday, with  investors betting on good earnings news as the fourth-quarter  reporting season kicks off, while a hike in crude to around $47  a barrel boosted oil company shares.
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BP Plc, the world's second-largest  listed oil company by market capitalization, reported  above-consensus fourth-quarter profits on Tuesday thanks to  high oil prices and strong refining margins.
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Fourth-quarter earnings rose 3 percent as record levels of political advertising on its broadcast outlets helped offset higher newspaper costs.
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Chevron Corp , the second-largest U.S. oil company, on Friday said its fourth-quarter earnings rose as record prices for oil outweighed relatively weak refining profits.
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Some of the Wall Street brokerages on tap to report earnings next month might see better-than-expected results as a rebound in the stock market is expected to fuel performance within their equities businesses.
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Anadarko Petroleum Corp. APC.N, the  No. 1 U.S. independent oil and gas producer, on Friday reported  higher third-quarter earnings on the back of high oil and gas  prices.
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BP Plc's oil and gas production rose 11  percent on the year in the third quarter but analysts expect  strong earnings for the quarter to be mainly due to runaway oil  prices rather than BP's record in finding oil.
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Commercial truck maker Navistar International Corp.  on Monday said it expects higher fourth-quarter earnings and revenue as the recovering U.S. economy spurs orders for its trucks and engines.
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A new reporting period for company earnings kicks into gear next week, giving investors a bit of hard data to chew on, and markets could be volatile if the price of crude oil stays north of &#36;50 a barrel.
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Fourth-quarter earnings rose 42 percent from a year ago as profit margins at its U.S. stores improved despite higher commodity costs.
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US stocks rose as optimism about third-quarter earnings reports overshadowed record oil prices. Alcoa Inc., which is scheduled to announce results tomorrow, led gain in the Dow Jones Industrial Average.
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The company's fourth-quarter earnings beat analyst expectations.
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Chevron Corp. , the No. 2 U.S.  oil company, on Friday said its quarterly profit rose 18  percent, driven by a surge in crude oil prices, but its results  fell short of expectations and the stock fell in premarket  trading.
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U.S. chemical major DuPont Co said on Tuesday that fourth-quarter earnings rose before special items, helped by increased profits from its performance materials business and strong agricultural sales in Brazil.
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Investment banking firm Goldman Sachs Group Inc. said Thursday that fourth-quarter earnings rose 23 percent to beat Wall Street expectations.
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Lehman Brothers Holdings Inc. LEH.N   on Wednesday said third-quarter earnings rose a   better-than-expected 4 percent, as trading and investment   management revenue jumped.