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Business Events Corporate Restructuring

  • Futures pointed lower after a pair of economic reports came in worse than expected. Wal-Mart Stores reported earnings in line with expectations.

  • Stocks lost more than 2% Wednesday as bank shares continued to struggle and retail sales unexpectedly fell for a second straight month.

  • Stocks declined Wednesday as bank shares continued to struggle and retail sales unexpectedly fell for a second straight month. A brief reprieve after the business-inventories report and comments from President Obama fizzled.

  • Stocks pared their losses Wednesday after a report showed business inventories shrunk at a slower pace and remarks from President Obama on health-care reform.  Still, stocks remained under pressure as bank shares continued to struggle and retail sales unexpectedly fell for a second straight month.

  • Stock index futures indicated a lower opening for Wall Street Monday, as bank shares continued to struggle and investors looked for guidance on the strength of the economy from retail sales numbers.

  • Stocks shed 1.8 percent Monday as investors took a breather after last week's run. The Nasdaq's drop was less severe as techs gained.

  • Stocks retreated Monday as investors took a breather after last week's run. The Dow was down over 100 points in the first few minutes of trading as banks declined.

  • Following last week's gains, stock index futures indicated a lower open for the stocks Monday as investors remained concerned about the health of the financial system as the stress-test hype wears off.

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    Revenue may be down and the pressure to slash costs intense, but some U.S. companies say job cuts are not an option.

  • Costco Wholesale announced plans to close two Costco Home stores Thursday as part of the discount retailer's cost-saving program to combat falling consumer spending.

  • After a rocky start, stocks barreled higher Tuesday fueled by a surge in techs and a report that showed new home construction unexpectedly jumped in February.  Even banks posted strong gains.

  • Stocks struggled to hold gains Tuesday as investors were encouraged by a report that showed new home construction unexpectedly jumped in February but banks wobbled.

  • Stocks struggled at the open Tuesday as investors were encouragd by a report that showed new home construction unexpectedly jumped in February but banks wobbled.

  • Futures rebounded Tuesday after a report showed new home construction unexpectedly jumped in February.

  • Stocks went four for four Friday in a dramatic win that delivered stocks their best week since November.

  • Stocks opened slightly higher Friday amid some much-needed good news from banks.

  • Futures pointed to a fourth straight session of gains Friday amid some much-needed good news from banks.

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    With the economy weakening, chief executives want Wall Street to see them as tough cost-cutters who are not afraid to lay off workers. But plenty of job cuts are not trumpeted in news releases, the New York Times reported.

  • Sony Building

    Shares of Sony closed half a percent lower Monday after the electronics maker said CEO Howard Stringer would double up as president and directly oversee the electronics division at the centre of its problems.

  • Sony Building

    Sony sent a message of change Friday in centering power in Chief Executive Howard Stringer, who will also become president and gain greater say over its core electronics business as Japan's iconic electronics maker tackles a painful global slump.