You can now read 5 articles in a month for free on Read as much as you want anywhere and anytime for just 99¢.


Earnings grabbing investors’ attention

Continue reading below

Stocks ticked higher as investors waited to see whether big US companies would deliver on expectations of strong earnings. Alcoa’s results were mostly good. Later this week the pace picks up with reports from Bed Bath & Beyond, Wells Fargo, and JPMorgan Chase. Telecommunications stocks fell while health care issues inched higher. Lufkin Industries, an oilfield equipment maker, surged almost 38 percent after General Electric agreed to buy the company for $3 billion. GE wants to bolster its oil and gas operations. J&J dropped 93 cents after JPMorgan analysts cut their rating to neutral, saying it has risen too far, too fast.

Loading comments...
Want each day's news headlines delivered fresh to your
inbox every morning? Just connect with us
in one of the following ways:
Please enter a valid email will never post anything without asking.
Privacy Policy
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of
Marketing image of