As U.S. oil has plunged, smaller oil companies have grown vulnerable to activist influence, industry professionals say.» Read More
Wall Street struggled for direction Wednesday as traders remained unconvinced by Federal Reserve assurances that the biggest banks would be able to resist a sharp economic downturn.
U.S. stock index futures pointed to a slightly higher open on Wall Street on Wednesday as investors built on Tuesday's rally, with banking stocks in the spotlight after the Federal Reserve announced that most U.S. banks had passed its stress tests, and gave an improved economic outlook.
Stocks closed sharply higher Tuesday, pushing the major averages to multi-year highs, on news of a stronger US economy and recovering banking sector.
U.S. stock index futures pointed to a higher open for Wall Street on Tuesday, on positive investor sentiment ahead of the Fed’s latest statement on interest rates and the U.S. economy.
Stocks opened modestly higher Monday as investors prepared for a Federal Reserve meeting later this week and a fresh round of debt auctions.
U.S. stock index futures pointed to a mixed open on Wall Street on Monday, ahead of the Treasury Department’s release of budget figures for February.
Stocks eked out modest gains Friday, buoyed by a better-than-expected government jobs report, but still ended off their best levels following news of a "credit event" in Greece. Still, the S&P 500 and Nasdaq logged gains for a fourth consecutive week.
U.S. stock index futures turned higher Friday following a better-than-expected non-farm payrolls report and amid relief that Greece secured enough debt swap commitments to avoid an immediate default.
Stocks logged a gain for the second session Thursday as investors were optimistic Greece will likely clear a key hurdle with private creditors to avoid a disorderly default and ahead of a key government jobs report on Friday.
U.S. stock futures held their early gains Thursday, even after a gain in weekly jobless claims and as investors remained hopeful that Greece will complete its bond swap.
The promise of low-cost gene sequencing could lead to a new era of personalized medicine, yielding new approaches for treating cancers and other serious diseases. The New York Times reports.
Stocks ended higher Wednesday, recovering a portion of the previous session's steep decline, buoyed by some better-than-expected economic reports and amid optimism over Greece's bond swap offer.
U.S. stock futures pointed to a higher open Wednesday, a day after Wall Street suffered its biggest one-day drop this year, following a handful of better-than-expected economic news.
Powerful, visionary chiefs can create billion-dollar brands. Steven Jobs at Apple and Mark Zuckerberg at Facebook are often-cited examples. But we’ve recently seen some illustrations in the takeover world of the dark side of the chief executive. Being powerful and visionary, or at least thinking you are, can lead corporate chieftains to great heights, but also to extreme narcissism. And the victims are often shareholders, the New York Times reports.
Stocks closed sharply lower Tuesday, with the Dow posting its first triple-digit decline in 2012, fueled by fears over a Greek default and amid economic growth concerns.
U.S. stock index futures fell sharply Tuesday amid renewed concerns that Greece and its private bondholders would not meet the deadline to complete a debt swap and ahead of the Super Tuesday primaries.
Stocks finished off their worst levels Monday but still ended in the red as renewed concerns over Greece and slowing growth in China overshadowed better-than-expected economic news in the U.S.
U.S. stock index futures were lower on Monday, following reports showing a slowdown in European private sector activity and after China lowered its growth target.
Stocks eased off their lows but still failed to close in positive territory Friday, as gains were limited following a robust rally in recent weeks and no major news on the economic front gave investors little reason to jump in.
Some brands make such an impression that the notion of them dissolving is unthinkable. Click ahead to see iconic brands that have vanished.
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