Topic: Stock Market

Tiffany & Co. lowered its fiscal-year sales and profit forecasts on Thursday, citing slowing economic growth in many countries and weakness in its home U.S. market, while rival Signet Jewelers also issued a disappointing forecast.

Costco Wholesale posted a higher quarterly profit on an 8 percent increase in net sales.

U.S. stock index futures climbed after briefly cutting gains Thursday as investors sifted through a batch of mixed economic reports and amid ongoing worries over the euro zone.

Ever wondered why European politicians appear so calm when attending summits in Brussels or G8 meetings despite all the talk of a “Grexit” and economic Armageddon?

Macau gaming stocks have fallen out of favor, with the major names sliding an average of 20 percent since the beginning of May on worries about a sharp slowdown in gambling revenues. But, according to analysts at Nomura, the correction may be close to an end and the recent drop could present an attractive buying opportunity.

European shares closed higher on Thursday as investors snapped up bargains after steep falls the previous day, despite regional data showing a deterioration in economic activity.

European shares are called to open the trading day higher despite a lackluster European Union summit that found Greece being urged to stay in the euro zone but to honor commitments to its bailout agreement.

Taiwan's UMC, the world's No.2 contract chip maker, said it will invest $8 billion in a 12-inch wafer plant in Taiwan, joining its peers in investing in high-end technology to meet demand for chips in fast-growing markets like mobile devices.

Asian shares eased on Thursday as markets were vulnerable to faltering factory orders in China and lack of concrete measures shown by European leaders to tackle the risk of Greece leaving the currency bloc.

Eurobonds may be hailed by some as a potential solution to the Greek debt crisis, but likely would be met by skepticism in the open market.

Fixed-income investors are once again looking sage-like, as the latest eruption in the EU crisis ravages equities.  Two of these funds are up more than 7 percent.

Stocks clawed back from steep losses to finish narrowly mixed Wednesday following several reports on the euro zone that helped soothe fears over the region's debt crisis.

Strong demand for Germany’s two-year bonds, which offer nothing in return, shows that opening Pandora’s Box in Europe has sapped investor confidence, Jim O'Neill, chairman at Goldman Sachs Asset Management told CNBC’s “Worldwide Exchange.”

US stock index futures pointed to a lower open on Wall Street on Wednesday as investor caution replaced hope of a resolution to the euro zone debt crisis ahead of a meeting of European Union leaders in Brussels.

British luxury brand Burberry posted a 26 percent jump in profit as expected and said it would invest up to 200 million pounds ($316 million) in new outlets and expanding existing stores in London, Chicago and Hong Kong.