Thursday, October 18, 2007

Google shares volatile after company posts solid results

4:05 pm ET Oct 18, 2007

DJIA

13,888

-3.58

S&P

1,540

-1.16

NASDAQ

2,799

+6.64

10Yr

4.50%

-0.043

Google shares volatile after company posts solid results

Google Inc., Advanced Micro Devices Inc. and Gilead Sciences Inc. will
be in focus Thursday evening after the release of the companies'
quarterly results.

Bank of America's quarterly profit falls 32%

NEW YORK
Bank of America Corp. said Thursday its quarterly profit dropped by
almost one-third, as trading losses and a hit from loans related to
clients doing corporate takeovers nearly wiped out the company's
investment-banking income.

Pfizer's quarterly profit plunges 77% on Exubera halt

BOSTON
Pfizer Inc. said Thursday that third-quarter earnings fell 77%, largely
reflecting charges associated with the company's decision to stop
selling Exubera, a once-promising inhaled-insulin therapy.

Nokia shares rally after 85% jump in quarterly profit

LONDON
Nokia Corp., the world's largest maker of mobile phones, posted an 85%
jump in third-quarter profit Thursday as margins surged at its
mobile-device business and it continued to gain market share.


Economic Report: U.S. leading indicators point to slow growth

WASHINGTON
Slow growth could continue into the early months of 2008, the Conference
Board said Thursday, reporting that a gauge of future economic growth
rose 0.3% in September.


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