History shows that after the Federal Reserve hikes rates for the first time, this happens to the stock market.» Read More
NEW YORK— Procter& Gamble and Facebook seem to have nothing in common. Delta Air Lines said it hurt ticket sales. "Everybody is talking about the hit from the dollar, especially big multinationals," said Russell Price, senior economist at Ameriprise Financial.
TAKING IT ALL IN: "It seems the market is in a holding pattern as investors are waiting to see just how much the dollar impacts corporate earnings," said Russell Price, Ameriprise Financial's senior economist. The chemical giant also lowered its forecast for full-year profits, and its stock fell $2.15, or 3 percent, to $70.70. CLEANING UP: Kimberly-Clark jumped 4...
*Indexes up: Dow 1.3 pct, S&P 1.2 pct, Nasdaq 0.9 pct. NEW YORK, March 18- U.S. stocks rallied on Wednesday after the Federal Reserve suggested a less aggressive timeline for raising interest rates even as it opened the door for the first hike in almost a decade. "By lowering its expectations for the pace at which rates will rise, it sent a clear signal that it is in no hurry to...
*Indexes up: Dow 1.3 pct, S&P 1.4 pct, Nasdaq 1.2 pct. NEW YORK, March 18- U.S. stocks rallied on Wednesday after the Federal Reserve cut its expected pace of growth and inflation, suggesting a less aggressive timeline for raising interest rates even as it opened the door for the first rate hike in almost a decade. "By eliminating' patient' from its guidance it removed an...
"We are definitely in growth mode," said Lee Eilers, the chief executive at Marion Mixers, an Iowa maker of giant mixing machines used in the production of everything from pancake mix to dishwasher soap. The firm has added three welders this year, bringing its head count to 44, and Eilers plans to hire six more people in 2015, although he said there are enough...
The S&P 500 could rise as much as 4 percent from current levels but ultimately finish 2014 just about where it started, David Joy of Ameriprise Financial tells CNBC.
Alibaba has filed for a U.S. initial public offering which will see it become the largest Chinese firm to list in New York.
Stocks finished higher Tuesday, with the Dow approaching a record high, as investors cheered a round of better-than-expected quarterly earnings and largely shrugged off worries over Ukraine.
What a week on "Squawk Box"! Bill Ackman teams up with Valeant to buy Botox-maker Allergan. Novartis' buying and selling and lil' Squawkers running the show.
The bond market does not appear to setting off major alarm bells, David Joy, chief market strategist of Ameriprise Financial, told CNBC on Friday.
Companies in the news after the bell Tuesday.
Market watchers who appeared on CNBC's "Squawk Box" on Tuesday were holding out hope the stock market decline are just a blip.
Mutual fund companies are feeling the heat to use social media including Facebook, Twitter, and LinkedIn as venues through which they can reach clients and prospective investors.
For most of us, retirement planning involves dreaming. But a new survey shows that reality can intrude in unexpected and expensive ways.
After a temporary drop in the second half of March, short interest is back on the rise.
Some of the names on the move ahead of the open.
The markets and the economy will move past the Boston bombings "relatively quickly," but there may be some "lingering impact," Ameriprise Financial's chief market strategist says.
Houston is much more than oil and gas. It's a booming, diverse city
Almost two-thirds of Americans in a new survey said they are doing all they can for retirement, and fewer than a third said they are worried they aren't saving enough.
NEW YORK, Nov 6- American Century Investments has hired Patrick Bannigan, an Ameriprise Financial executive, as its new chief operating officer. Bannigan was formerly president of RiverSource Funds, part of Ameriprise's Columbia Management division.