Wall Street

Investors today were cheered by news of a 36% jump in 2nd quarter profits at Procter & Gamble. But where Wall Street saw a silver lining, others see a gray cloud in the form of inflationary pressure. Bob Moon reports.

Newsweek Magazine Wall Street Editor Allan Sloan talks with host Scott Jagow about all the deals going down on Wall Street lately and the trend of taking big public companies private.

The online retailer took a beating in the stock market yesterday. It could be an indication investors have waning patience for the company's growth strategy. Jason Paur reports.

General Motors said today it lost $3.2 billion in the 2nd quarter, but the real story is that its sales surged 12%. Amy Scott looks at how one earnings report can change a company's entire outlook.

The men in brown are singing the blues today. UPS posted weaker-than-expected profits and led the Dow Transports Index down about 2%. Is it a bad sign for the broader economy? Jeff Tyler delivers this report.

SEC chairman Chris Cox goes before lawmakers today to answer questions about a possible politically motivated squelching of an insider trading investigation. Scott Tong reports.

Wrigley comes out with Q2 earnings today, but a $1.4 billion acquisition last year is likely to gum up the numbers. Rachel Dornhelm reports.

Earnings reports are due out for BP, Conoco-Phillips, ExxonMobil and other big oil companies this week. Lisa Napoli has this preview.

Host Scott Jagow talks to Newsweek Wall Street editor Allan Sloan about federal efforts to crack down on stock option backdating.

Today a big business group is calling on companies to stop giving Wall Street quarterly earnings expectations. Ashley Milne-Tyte reports.