FactSet Research

Hopes of a sustained growth to the US economy cooled somewhat as consumer confidence showed an abrupt decline this morning. Instead of a 68.0 reading predicted by FactSet-surveyed economicts, the Conference Board showed the Consumer Confidence Index standing at 61.1. The index is based on a base...

Again this week, things will be fairly quiet on the earnings front. Among the week's most high profile quarterly reports are those from Best Buy (NYSE: BBY) and Darden Restaurants (NYSE: DRI), which are forecast to post lower per-share earnings, as well as Discover Financial (NYSE: DFS) and FedEx (...

Piper Jaffray has raised the price target on FactSet Research (NYSE: FDS) from $89 to $103 and maintains its Neutral rating.

Sears Holdings Corp (NYSE: SHLD), said its second-quarter net loss shrank to $39 million, or $0.35 a share, from $94 million, or $0.79 a share, in the earlier quarter. The company reported an adjusted net loss of $0.19 per share compared to $0.17 per share in the previous year. Original forecast...

Tool maker Snap-on Incorporated (NYSE: SNA) announced 1st quarter financial results on Tuesday that beat Wall Street forecasts. Snap-on Inc. reported that its 1st quarter net income rose 6% to $36.8 million, or 63 cents per share, up from $34.8 million, or 60 cents per share, a year earlier. Sales...

IDEX Corporation (NYSE: IEX) released financial results on Monday morning that beat Wall Street forecasts. IDEX Corp. reported that its 1st quarter earnings jumped to $37 million, or 45 cents per share, up from $23 million, or 28 cents per share, a year earlier. Sales at IDEX Corp. climbed to $356...

M&T Bank Corporation (NYSE: MTB) released financial results on Monday that easily beat Wall Street's expectations. M&T Bank Corp. reported that its 1st quarter net income climbed to $151 million, or $1.15 per share, up from $64.2 million, or 49 cents per share, a year earlier. A poll of...

McMoRan Exploration Co. (NYSE: MMR) surprised Wall Street on Monday morning when it announced a much bigger than expected loss. McMoRan Exploration Co. reported a 1st quarter loss of $66 million, or 74 cents per share, compared to a loss of $63 million, or 90 cents per share, a year earlier....

Arch Coal, Inc. (NYSE: ACI) failed to meet Wall Street expectations when it announced that it had swung to a 1st quarter loss. Arch Coal reported a 1st quarter loss of $1.8 million, or 1 cent per share, down from net income of $30.6 million, or 21 cents per share, a year earlier. Excluding special...

Brokerage firm Charles Schwab Corporation (NYSE: SCHW) released an earnings report on Thursday morning that saw profits slide 45%. The Charles Schwab Corporation reported a 1st quarter profit of $119 million, or 10 cents per share, compared to $218 million, or 19 cents per share, a year earlier....