Stock investors eye revenues as earnings kick off

Date: Monday, October 5, 2009

Stock investors eye revenues as earnings kick off

With the third-quarter earnings season just about to kick off, the market is
looking to some sectors, such as financials, where revenue growth might
actually improve.

B. OF A. TO PICK EMERGENCY CEO: REPORT

Directors at Bank of America Corp. plan to select an emergency chief
executive this week in case Ken Lewis steps down before the end of the
year.

GOLDMAN SACHS UPS LARGE U.S. BANKS TO ATTRACTIVE

Analysts at Goldman Sachs got more optimistic about large U.S. banks
Monday, raising their coverage view on the sector to attractive from
neutral.

IG: TREASURY SHOULD 'DESCRIBE ACTIONS' ACCURATELY

Government officials should be careful to describe their actions accurately
after Treasury officials last year said nine mega-financial institutions were
healthy when key federal employees had concerns about several of them,
says the Special Inspector General for the $700 billion Troubled Asset
Relief Program.

SERVICES INDEX EXPANDS IN SEPTEMBER

The service sectors of the United States expand in September for the
first time in a year, according to a survey of companies released by
the Institute for Supply Management.