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Stocks closed at record highs yet again, although on modest gains, as a series of upbeat economic reports and a positive outlook from shipping giant Federal Express, continued to give investors reasons for optimism. Alcoa rose, while AmEx fell.
U.S. wireless carrier MetroPCS is one of several parties interested in acquiring assets of bankrupt mobile communications firm TerreStar Networks, the Wall Street Journal reported Thursday.
Stocks were on pace to close at record highs yet again, although on modest gains, as a series of upbeat economic reports, and a positive outlook from shipping giant Federal Express, continued to give investors reasons for optimism. Alcoa rose, while AmEx fell.
ocks gained modestly after several largely upbeat economic reports, and a positive outlook from shipping giant Federal Express. Alcoa and BofA rose, while Microsoft fell.
Stock futures surrendered earlier gains after news on jobless claims and housing starts and after economic bellwether FedEx posted quarterly results that left investors disappointed.
Cramer interviews Allscripts Health Solutions CEO Glenn Tullman.
Stocks ended lower as investors took a pause after stocks reached two-year highs, and the dollar rose as concerns over European sovereign debt worries resurfaced. Alcoa and JPMorgan fell, while Coca Cola rose.
Stocks slipped into negative territory Wednesday despite several positive economic reports, as concerns over European sovereign debt worries resurfaced. JP Morgan and Alcoa fell, while Coca Cola rose.
Concern over a volatile bond market, Larry Silverstein, president and CEO Silverstein Properties, decided to postpone a planned $1.3 billion bond sale of one of its buildings that are under construction at the World Trade Center site.
Stocks were mixed after a handful of positive economic reports, including a slightly better-than-expected gain in industrial production, and a slightly better-than-expected report on consumer price inflation. Caterpillar and Bank of America rose, while Alcoa fell.
U.S. stock index futures remained lower and largely unchanged despite a slightly better-than-expected report on consumer price inflation and better-than-expected news from a regional manufacturing survey.
Stocks closed off session highs, yet the Dow still hit its highest level since before Lehman Brothers collapsed as Treasury yields soared in the wake of the Federal Reserve's reaffirmation of its decision to buy bonds to stimulate the economy. AT&T and Kraft rose, while JPMorgan fell.
Stocks trimmed some gains but remained mostly higher Tuesday after the Federal Reserve reaffirmed its decision to buy bonds to stimulate the economy and left short-term interest rates unchanged. Kraft and Microsoft rose, while JPMorgan fell.
Going into 2011, the strategy is to put together the very best companies that produce great returns over time. Here's what to look for.
We’ll have to wait until January to learn whether Chancellor Chandler will throw out Airgas’ poison pill. He informed both sides on Tuesday that he’s leaving for vacation and won’t be back until the New Year.
Stocks continued to trade higher Tuesday after a handful of mostly strong economic reports, and despite weak earnings from leading electronics retailer Best Buy, as investors await news from the Federal Reserve's meeting this afternoon. Boeing and Cisco rose, while JPMorgan fell.
Stock index futures rose slightly after news that retail sales were stronger than expected in November, and inflation was in line with expectations. Earlier futures had slipped after disappointing news from leading electronics retailer Best Buy dampened enthusiasm for the holiday shopping season.
Stocks trimmed gains and turned mixed amid light volume Monday as retailers, and technology stocks slipped amid a market generally gaining support from M&A activity and as the market awaited word out of Washington on extending the Bush-era tax cuts. Caterpillar and Chevron rose, while HP fell.
Stocks turned mixed Monday as retailers were among the few sectors to struggle amid a market generally gaining support from M&A activity as well as the lack of an expected interest rate hike in China. Caterpillar and Walt Disney rose, while Intel fell.
Stocks traded modestly higher as deal activity lifted investor sentiment, and as the market awaited the expected approval of Bush-era tax cuts. Caterpillar and Disney fell, while HP rose. hr<!-- -->
NEW YORK, Dec 11- Citigroup Inc named Duncan Hennes, a co-founder of bank advisory firm Promontory Financial Group and a former CEO of Soros Fund Management, to its board of directors on Wednesday.
Dec 11- British bus and rail operator FirstGroup Plc has received a letter from one of its biggest shareholders, urging the company to sell its U.S. businesses in order to pay down debt, the Financial Times reported.
Bruce Wrobel, who until recently ran Blackstone Group's Sithe Global Power unit, has died.