When Argon ST, a defense contractor, was first for sale there was ample time for plenty of takeover stock investors to get involved on hopes that a knock-out bid would emerge for the company. Sure enough, it did.
Stocks turned higher Wednesday as investors juggled some encouraging bank news from Europe against a disappointing report on private-sector employment in the U.S.
Stock futures dropped on ADP bummer report. Futures were up all morning on good news from Europe, but S&P futures dropped 6 points in seconds when the ADP said only 13,000 private sector jobs were created in June, well below expectations of about 60,000 jobs. We are expecting significantly more private sector gains from the nonfarm payroll report on Friday to offset the public sector census workers that are being laid off.
Wall Street looked set for a slightly lower opening Wednesday after the latest report on private-sector employment arrived much weaker than expected.
Stocks fell sharply Tuesday as doubts about China's growth and a disappointing U.S. consumer-confidence reading rattled an already jittery market.
Stocks opened sharply lower Tuesday amid a fresh round of worries about euro-zone debt as bank repayments come due to the European Central Bank this week.
Citigroup triggers circuit breaker, then trades back to previous trade. Shares were trading at $3.80 at about 1:03 PM ET; then, off the exchange, 8,800 shares traded at $3.31, a drop of 12.7 percent. That triggered the SEC circuit breaker...
It has certainly been a forgettable quarter and a lackluster first half of the year for investors. With two trading sessions left in the quarter, U.S. stocks are on pace for their first quarterly decline since Q1 2009, snapping 4 straight quarters of gains.
Stocks ended lower Monday after a yo-yo session as investors digested some mixed consumer data, a drop in oil prices and news that the Supreme Court struck down a key part of the Sarbanes-Oxley law, which regulates corporate accounting.
Stocks bounced back Monday in a yo-yo session as investors digested some mixed consumer data, a drop in oil prices and news that the Supreme Court struck down a key part of the Sarbanes-Oxley law, which regulates corporate accounting.
Stocks turned higher Monday after the Supreme Court struck down a key part of the Sarbanes-Oxley law, which regulates corporate accounting.
Businesses have invested more money in machinery, computers, steel and other metals in three of the past four months.
Stocks shaved some of its losses in mid-afternoon trading Thursday, but worries about Greece and the financial reform continued to weigh on the market.
The Dow squeaked out a gain Wednesday after the Fed renewed its pledge to keep rates low and offered a statement with no surprises.
Stocks turned lower Wednesdy after a report showed new home sales hit a record low last month.
Stocks fell sharply Tuesday, dragged down by disappointing housing data and weakness in energy shares.
Stocks fell further in late trading Tuesday as energy stocks dragged and technology and health care stocks were higher.
Stocks climbed on Monday following news that China is dropping its informal peg of the yuan to the dollar, a move investors believe will boost Chinese demand for exports as well as commodities. Art Cashin, director of floor operations at UBS Financial Services, shared his market outlook.
China's currency announcement has the potential to boost American exports, says Fred Hochberg, President and Chairman of the US Export-Import Bank.
Stocks rallied Tuesday as the euro gained against the dollar after a number of successful European debt auctions eased investor concerns about the euro zone's solvency crisis. Techs and industrials led the advance.