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Futures added to gains Friday after Wall Street cheered a better-than-expected government employment report that pointed to an acceleration in economic recovery.
Stocks rebounded from earlier losses to finish narrowly mixed Thursday, with the S&P adding small gains to the New Year rally, ahead of a key government employment report. Stocks had been under pressure earlier in the session amid ongoing jitters over the European debt crisis and a decline in the euro to its lowest level since September 2010.
Futures slipped again Thursday even after a handful of encouraging data on the employment front as ongoing jitters over the euro zone's debt crisis kept investors from jumping in.
The market for mergers and acquisitions, which came to a standstill in the second half of 2011, won’t pick up again unless valuations come down or confidence returns, Scott Matlock, chairman of International M&A at Morgan Stanley, told CNBC.
The Dow and S&P clawed back into positive territory at the close Wednesday, adding to the sharp rally from the previous session, but gains were limited over renewed fears over the euro zone debt crisis.
Aside from 3D, HDTV, and color, changes in television set technology have been slow and subtle over the years, but with today’s changing tech landscape, TVs of the not-so-distant future could be intuitive, interactive devices that “watch us.”
Futures pulled back Wednesday, after a strong start to the New Year, as investors turned their focus once again to the euro zone's debt concerns.
Stocks eased off their highs in the final minutes of trading, but still finished the first trading day of 2012 with a bang, as Wall Street cheered a handful of better-than-expected economic reports from around the world.
Futures soared, pointing to a sharply higher open on the first trading day of the New Year as investors were encouraged by a manufacturing report from China.
Stocks closed lower in the final trading day of a heavily volatile year. The Dow finished higher for the year, while the S&P erased its gains to close out largely flat.
The June 2010 letter that led to Mark V. Hurd’s downfall as the head of Hewlett-Packard paints a portrait of an executive who sought to impress a contract employee with his connections and wealth, The New York Times reports.
Futures were little changed on the last session of the year on Friday, with no notable economic data or earnings reports on tap.
Stocks climbed steadily to finish near their best levels Thursday as the euro erased its drop versus the greenback and after a handful of better-than-expected economic data.But volume remained thin in the final week of trading for the year.
For beleaguered investors in Research in Motion, the drastic collapse of the company’s share price through 2011 eventually became a cause for optimism. In December, shares of the BlackBerry maker spiked on reports that several technology titans could be suitors. But the optimism has been fleeting. The New York Times reports.
Let's face it, we've been lied to a LOT in the past few years. Let's you and me make a pact — right here, right now — to fall for fewer fibs in the new year. Here are some tips for how to spot a liar.
Futures held their modest gains Thursday even after a slight increase in weekly unemployment benefits and mixed results from the Italian bond auction.
Stocks finished near their worst levels Wednesday, with the S&P falling into negative territory for the year, as the euro tumbled and investors remained on the sidelines amid what is expected to be a light news week.
If the U.S. economy is to grow in 2012, it may have to do so on the backs of mergers and acquisitions activity, which is expected to be healthy again after a strong 2011.
U.S. stock index futures pointed to a higher open for Wall Street on Wednesday, after yields in an auction of short-term Italian debt halved, indicated increased investor appetite for the debt.
Stocks finished flat in a thin, lackluster session Tuesday as investors took a breather following a strong rally in the previous week.
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