November 20, 2008
U.S. blue-chips, bonds, gold, oil all gain
NEW YORK, Oct 7 (Reuters) - U.S. stocks snapped a four-day losing streak on Friday, enjoying a boost from government data showing smaller-than-expected job losses in September and the Nasdaq getting a jump in Gilead Sciences Inc. shares tied to avian flu fears.
Foolish Forecast: McCormick Shakes It Up
Take three quarters of uninterrupted earnings growth. Add three consecutive "earnings beats." Mix with an expectation of weaker year-over-year fiscal Q1 results tomorrow. What you get is a formless hodgepodge of expectations for tomorrow's earnings report by McCormick (NYSE: MKC - News) that could set the stock to moving either way. Here's what you need to know to make sense of the mix.
E-Trade 4Q Results Beat Street View
E-Trade Financial Corp., one of the nation's largest discount brokerages, on Thursday reported robust stock trading and two recent acquisitions helped secure record fourth-quarter profit that surpassed Wall Street expectations.
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