ADM&#39;s Earnings Skyrocket; Stocks Soars
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DECATUR, Ill. - Archer Daniels Midland Co., the agribusiness giant, reported a 77 percent increase Friday in its first-quarter earnings, citing significant gains in oilseed and bioproducts processing and feed
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Nasdaq Stock Market Inc. ,  which runs the largest U.S. electronic stock exchange, said on  Thursday that its quarterly profit more than tripled on higher  revenues and the strength of new products and customer service  initiatives, beating analysts&#39; estimates.
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Goldman Sachs Group Inc. and Lehman Brothers Holdings Inc. on Tuesday posted higher-than-expected quarterly profits, fueled by surprising strength in bond trading and investment banking growth.
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Wall Street stocks jumped yesterday after the Commerce Department reported record trade deficits and reports circulated about a possible takeover bid for aluminum giant Alcoa.
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Stocks rallied early Wednesday afternoon, with the Dow Jones industrial average hitting a new record trading high, after closing at its best level ever on Tuesday.
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Shares in agribusiness giant Archer Daniels Midland Co. soared to a 6 1/2-year high Friday, fueled by a 77 percent increase in quarterly earnings.
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Stocks rose on Tuesday, pushing the Dow past the 14,000 milestone, boosted by stronger-than-expected earnings and takeover activity.
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Web search leader Google Inc.  posted quarterly earnings on Tuesday that blew past  expectations on strong Web search advertising, driving its  share price up almost 10 percent to a record high.
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Stocks roared upward yesterday led by the Dow Jones industrial average, which rode good retail news to record highs, showing its biggest one-day gain in nearly four years.
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Goldman Sachs yesterday reported record full-year earnings, following record results from Lehman Brothers earlier in the week and setting the pace for the rest of Wall Street.
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Stock market bulls are betting strong  second-quarter profits will send equities even higher with the  earnings reporting season in full swing this week.
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On a busy day for corporate earnings, European equity markets moved higher by mid-morning on Wednesday, helped by strength in the support services and software sectors and overnight gains on Wall Street and in Asia.
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The world's top air-express shipper said earnings soared on strong revenue growth in its international, ground and freight services.
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Profits at mining group Xstrata more than double, boosted by acquisitions and rising metals prices.
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Dow Chemical Co.&#39;s third-quarter earnings soared 86 percent to beat Wall Street forecasts, thanks largely to its ability to boost prices at a faster rate than the surging costs it paid for energy and other feedstock material.
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Stocks rallied on Wednesday, driving the Dow Jones industrial average to a record intraday high, after a strong profit and outlook from Cisco Systems Inc.  increased optimism about earnings.
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Leading Wall St shares surged overnight after a bounce in Pfizer&#39;s shares and an upgrade for Intel, sending the Dow to a three-and-a-half year high.