To call Burger King and Tim Hortons's tie-up a tax inversion deal is "totally missing the point", says Jason Moser, Senior Analyst at The Motley Fool.» Read More
Stocks traded off the highs of the day before the close amid a still uncertain global environment rocked by uncertainty in the Middle East and Japan, although bank stocks got a lift as institutions began announcing dividend increases. JPMorgan and Caterpillar rose, while Travelers fell.
Stocks pared gains as news that fighting in Libya was continuing despite Libya's pronouncement that it was ceasing military operations, although bank stocks got a lift as institutions began announcing dividend increases. JPMorgan and Caterpillar led the gainers.
U.S. stock index futures rose sharply ahead of the open Friday after Libya announced it was ceasing military operations to protect civilians in the wake of United Nation's decision to create a no-fly zone over the country.
Stocks climbed back from the lows of the year as investors shrugged off continuing uncertainty in Japan to send stocks broadly higher. HP and Pfizer rose, while Kraft fell.
After one week of testimony in the insider trading trial of Galleon Group co-founder Raj Rajaratnam, one thing is clearer than ever: In the brutally competitive world of hedge funds, information is everything. A jury will ultimately decide whether the information Rajaratnam got—and made millions trading with—was illegal inside information. But there is no disputing that he went to great lengths to get it.
Stocks climbed to near the highs of the day ahead of the close as investors stepped back into the market to send it broadly higher after all the major indices fell to their lows for the year on Wednesday. HP and Chevron rose, while Kraft fell.
General Mills is near a deal to purchase a majority stake in French dairy company Yoplait, according to a report from Dow Jones.
Stocks climbed back from the lows of the year on Thursday amid largely strong economic reports and after sharp drops in all the major indices on Wednesday. HP and Chevron led Dow gainers.
U.S. stock index futures gained after news that jobless claims dropped to 385,000 and consumer inflation was in line with expectations.
"A sense of calm with an undercurrent of mild panic," is how one Bahraini described the scene at Bahrain International Airport Thursday morning,after the Bahrain Defense Force (BDF) cleared the country's Pearl Roundabout area of anti-government protestors, killing at least three people.
US stock index futures pointed to sharp gains for Wall Street Thursday as the market clawed back from a steep selloff Wednesday when the S&P 500 erased all its year-to-date gains amid concerns over the impact of Japan’s nuclear crisis.
Stocks fell to the lows of the year on Wednesday in a volatile session driven by fears stemming from Japan's nuclear crisis. IBM and GE led the blue-chip index lower.
Stocks traded off the lows of the day, but remained sharply down in a volatile session after news reports that Tokyo Electric Power almost completed a power line that could restore electricity to the stricken nuclear power plant and potentially solve the immediate crisis. IBM and GE led the Dow lower.
Stocks trimmed losses after investors learned a European energy chief didn't have material information about the situation in Japan before saying the crisis was "out of control."
U.S. stock index futures slumped after news that inflation at the producer level rose more than expected, while housing start plunged, and as investors continued to digest the implications of a nuclear crisis in Japan and heightened tensions in the Middle East.
Jean Monnet, the father of European integration, once remarked that “Europe will be forged in crises, and will be the sum of the solutions adopted in crises.”
Stocks closed off the lows of the day, although still 1 percent lower, as buyers stepped into the market in afternoon trading even as investors remained unnerved by the escalating nuclear crisis in Japan. Intel and Cisco fell, while Chevron gained. .
Stocks significantly pared losses, although continued to trade lower, after the Federal Reserve reaffirmed intentions to continue stimulating the economy through bond purchases even as investors remained unnerved by the escalating nuclear crisis in Japan. Intel and Cisco fell, while Chevron gained.
Stocks pared the worst losses of the day, although remain sharply lower, as the worsening nuclear crisis in Japan prompted investors to sell stocks across the globe and move into safer investments. GE and Intel led the blue-chip index lower.
“Mars Needs Moms” is shaping up as a miss so disastrous that it will send signals to broad swaths of Hollywood, the New York Times reports.
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