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Stockbyte / Thinkstock Stockbyte / Thinkstock

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  • BusinessMore>>

  • GM profit sinks; CEO sees no recall hit to sales

    GM profit sinks; CEO sees no recall hit to sales

    Thursday, April 24 2014 12:04 PM EDT2014-04-24 16:04:27 GMT
    General Motors says first-quarter profit fell 86 percent as a series of recalls dragged down its earnings.
    The cost of recalling nearly 7 million cars and trucks sank General Motors' first-quarter profit, but the company's CEO said the much-publicized recalls have yet to cut into sales.
  • Caterpillar 1Q profit climbs 5 pct, forecast rises

    Caterpillar 1Q profit climbs 5 pct, forecast rises

    Thursday, April 24 2014 12:04 PM EDT2014-04-24 16:04:25 GMT
    By The Associated Press Caterpillar's first-quarter earnings climbed 5 percent and the construction equipment maker raised its 2014 forecast. But the company also says a mining equipment...
    By TOM MURPHY AP Business Writer Caterpillar's first-quarter earnings rose 5 percent, and the construction equipment maker raised its 2014 forecast. But the company also said Thursday that a mining...
  • Stocks mostly higher on earnings gains; Apple up

    Stocks mostly higher on earnings gains; Apple up

    Thursday, April 24 2014 12:04 PM EDT2014-04-24 16:04:21 GMT
    U.S. stock futures rose sharply 30 minutes before the opening bell as investors cheered strong earnings from Apple and Facebook. Investors also were encouraged by a positive report on orders for long-lasting goods.
    Mixed earnings from a large number of U.S. companies had stocks moving between modest gains and losses Thursday, despite strong results from a handful of names including Apple and Caterpillar. 3M was among those whose...
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