Markets rallied on Wednesday to leap about 4 percent in a recovery and make for the best day since 2011.» Read More
*Caterpillar falls after lower quarterly profit. July 23- The Nasdaq composite edged up on Thursday after two days of losses, while the S&P 500 and Dow were lower on weak earnings from bellwethers such as 3 M and Caterpillar. "Companies such as Caterpillar are a litmus test for the global economy especially when the market is concerned about China's economy," said...
Some of the names on the move ahead of the open.
Advances in education, innovation and quality of life, catapulted this state to 1st place in CNBC's annual Top States for Business ranking.
These 10 states lead the nation in tech investment, patents and research, which has helped reinvigorate their local economies.
U.S. stocks closed higher with the Nasdaq topping its intraday high from March 2000 as investors cheered the Fed's dovish statement.
*Greece's aid could be extended till year-end- report. *Fitbit shares soar in IPO debut. June 18- The Nasdaq Composite index surpassed the 15- year all-time high it set during the peak of the dotcom bubble as more data on Thursday showed the U.S. economy was gathering steam.
*Fitbit shares soar in IPO debut. June 18- The Nasdaq Composite index surpassed the 15- year all-time high it set during the peak of the dotcom bubble on Thursday as more data showed the U.S. economy was gathering steam. Fed Chair Janet Yellen reiterated that the central bank remains data-dependent, which could prompt investors to keep a sharper eye on economic...
*Fitbit shares soar in IPO debut. June 18- Wall Street jumped in late morning trading with the Nasdaq less than a point short of its all-time high after strong data suggested that the economy is improving and the Federal Reserve hinted that it will go slow with the pace of an interest rate hike. The Nasdaq topped its 52- week high on April 27 and was just shy of its...
The US imports over $2.8 trillion worth of products and services annually. But these companies still make these popular products stateside.
The market knew it would be ugly. Now, it's clear just how much havoc the strong dollar is wreaking on corporate America.
ST. PAUL, Minn., June 1- At a time when many companies are investing a smaller portion of revenues in research and development, 3 M Co has given Chief Technology Officer Ashish Khandpur more to spend, and he is aiming at bigger targets. Khandpur, a 20- year 3 M veteran and chemical engineer who holds patents related to pressure-sensitive adhesives, is helping oversee a...
Legendary trader Laszlo Birinyi sees all the bearish talk from his peers and the media and takes the opposite view.
Should you invest in fixed income when corporations are all too eagerly selling new bonds in staggeringly large amounts? Likely not.
The Dow hit a fresh all-time high on Monday morning. But the big milestone could come later this year.
To determine the best cities for recent college graduates, Rent.com considered everything from employment rates to good restaurants. Here's its list.
U.S. stocks closed higher, following positive momentum from Europe, as investors looked to Fed speeches and data for signals on rate hike timing.
U.S. stocks closed near highs, with the Nasdaq at a record, as investors cheered corporate reports.
April 23- For two years, 3 M Co has been among the best bets in industrial stocks, with analysts swooning over its financial performance and desire to return cash to shareholders. St Paul, Minnesota- based 3 M generates more than 60 percent of its sales outside the United States. Excluding currency swings, 3 M's revenue growth of 3.3 percent trailed some analysts'...
*Pepsi, P&G, 3 M blame strong dollar for missing estimates. *Texas Instruments slump pulls down chipmakers. Both Brent and U.S. crude futures rose more than 3 percent on heightened concerns over the security of Middle East supplies as a civil war escalated in Yemen.
The big story for earnings season is continuing to play out: The strong dollar is notably affecting revenues for multinationals.