This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Business Highlights

The progress contained in earnings results released Friday evidently wasn't enough to satisfy investors, especially given management's hazy outlook. Gannett shares plunged more than 10 percent.

As the owner of USA Today and more than 80 other daily newspapers, Gannett serves as a publishing bellwether. The New York Times Co., Lee Enterprises Inc. and McClatchy Co. are among the other major newspaper publishers scheduled to report earnings during the next two weeks.

___

Feds: Test results from well not as good as hoped

NEW ORLEANS (AP) â¿¿ Pressure readings have been less than ideal from the new cap shutting oil into BP's busted well, but the crude will remain locked in while engineers look for evidence of whether there is an undiscovered leak, the federal pointman for the disaster said Friday.

Retired Coast Guard Adm. Thad Allen said on a conference call that pressure readings from the cap have not reached the level that would show there are no new leaks in the well.

Allen said BP's test of the cap, which started 24 hours previously by shutting three valves and stopping the flow of oil into the water, would continue for at least 6 hours. It was scheduled to last up to 48 hours.

___

Dell: SEC staff to recommend accounting settlement

ROUND ROCK, Texas (AP) â¿¿ Computer maker Dell Inc. said Friday it's getting closer to settling investigations by regulators into its accounting and the actions of CEO Michael Dell.

The computer maker has proposed settlements to the staff of the Securities and Exchange Commission, which the staff will recommend to the commissioners, the company said.

Dell has already set aside $100 million to cover the cost of settling charges that employees had misled auditors and manipulated results to meet performance targets.

___

Apple CEO on antenna problem: 'We aren't perfect'

3 of 5

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,612.39 -60.21 -0.34%
S&P 500 2,042.25 -9.57 -0.47%
NASDAQ 4,737.5550 -20.3240 -0.43%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs