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Stocks declined as investors digested a mixed employment report and turned their attention to next week's earnings season.
Stocks eased losses ahead of the close, but were on course to end a six-week winning streak, as investors digested a mixed employment report and turned their attention to next week's earnings season. JPMorgan and Travelers fell, while Pfizer rose.
We're are in the mist of a recovery that nobody is really talking about it, Mark Shafir, global head of M&A at Citi, told CNBC on Friday.
Stocks struggled for direction as investors absorbed a mixed jobs report and began to turn attention to earnings, which will begin to be reported in earnest next week. Verizon fell.
U.S. stock index futures shaved losses after news fewer jobs were created in December than expected, but the unemployment rate fell to 9.4 percent.
Facebook says that it will begin reporting its financial results by April 2012, setting the stage for a likely public stock offering, according to a document sent by Goldman Sachs to potential investors. The New York Times reports.
Citigroup is seeking buyers for CitiFinancial, the largest consumer finance company in the US, in a deal that could raise hundreds of millions of dollars and mark a milestone in the bank’s efforts to break with its troubled past. The FT reports.
Stocks ended mixed as the Dow's rally skidded to a halt as retailers reported weaker-than-expected December sales. Verizon and Travelers slid, while Microsoft gained.
Shares of food product company Sara Lee dropped Thursday on a report it will split up its meats and coffee businesses.
Stocks traded mixed Thursday as technology stocks rose and retailers skidded following weaker-than-expected December sales. Verizon skidded, while Microsoft gained.
Typically when oil prices go up, airline stocks go down. But this recovery has been very different. The airline industry seems to be going through a rational recovery for the first time in many, many cycles
Stocks turned mixed as retail stocks skidded on news of weaker-than-expected December sales. Verizon and AT&T fell, while Boeing rose.
U.S. stock index futures eased slightly, but remained higher, after jobless claims came in largely as expected.
Before Goldman Sachs bought a stake in Facebook and started offering shares to wealthy clients, a powerful investment group within the firm turned down the chance to buy a piece of the social networking behemoth, according to several people briefed on the internal discussions, the New York Times reports.
Stocks closed at new multi-year highs Wednesday to new multi-year highs as investors cheered a handful of positive economic reports about jobs and service sector growth, and commodities turned higher. AmEx and Disney rose, while Intel fell.
Stocks continued to rise in the last hour of trading to new multi-year highs on Wednesday as investors cheered a handful of positive economic reports about jobs and service sector growth, and commodities turned higher. AmEx and Disney rose, while Intel fell.
Stocks gained as investors began to take heart from a series of positive economic reports. Disney and AmEx gained, while Coca-Cola fell.
U.S. stock index futures trimmed sharp losses after news of a surge in private sector jobs.
It is the brass-tacks question every stock investor asks: What is this company really worth? But in the rarefied realm of private equity investing, the answer to that question is often hard to find, if it can be found at all, the New York Times reports.
Stocks closed mixed a day after hitting multiyear highs despite positive economic news and after word the Federal Reserve didn't believe the economy had improved enough by December to alter its economic stimulus program.
An SEC complaint could limit the fees that private equity firms charge or force greater oversight.
Dec 4- Hedge fund Hayman Capital has taken a stake in General Motors Co and believes the U.S. automaker's stock could rise more than 40 percent over the next 12-18 months after the U.S. Bloomberg first reported news of the stake, which it called one of Hayman's largest investments.
NEW YORK-- General Motors' shares climbed Wednesday, reaching their highest point since re-entering the public markets more than two years ago, as a hedge fund sees the automaker's stock price rising at least 40 percent over the next 12 to 18 months.