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U.S. mortgage finance company Freddie Mac is suing more than a dozen banks for losses from the alleged manipulation of the benchmark interest rate known as Libor.
With railroads chugging higher, Jim Cramer recommends a novel way to harness the runaway bull.
Transporting cars and trucks is not expected to be the "engine it was last year" for CSX, CEO Michael Ward says.
Some of the names on the move ahead of the open.
Michael Ward, CSX Corporation chairman & CEO, breaks down his company's mixed fourth quarter results, as slumping coal demand and low natural gas prices continue to weigh on the sector.
Check out which companies are making headlines after the bell Tuesday:
U.S. stock futures were flat Tuesday, after major averages hit multi-year highs last Friday, as investors hesitated to jump in ahead of several major earnings reports.
A flood of earnings reports, including major technology and industrial companies, could make or break the stock market’s surprise January rally in the week ahead.
Treasury Secretary nominee Jack Lew's past doesn't bode well for the business community--or, ironically, the White House.
StanChart has agreed to pay $327 million to resolve allegations that it violated U.S. sanctions against Iran, Sudan and two other countries, capping months of legal headaches for the British bank.
Every day, about 10 Kansas City Southern trains hauling everything from cars to chemicals crisscross the border between Mexico and the United States at Laredo, Texas, up from about six three years ago.
Find out what Wall Street analysts had to say about Apple, Samsung, Lowe’s and Patterson in this CNBC.com StockBlog Roundup.
While no storm is ever welcome, Sandy’s timing, along with the nor’easter Athena, couldn't be worse. With just two weeks to go until Black Friday unofficially kicks off the 2012 holiday season, retailers are awaiting final inventory shipments for the holidays.
Nov 6- Superstorm Sandy will slash earnings at New Jersey casinos and benefit home repair and discount retailers but have limited impact on other sectors and is unlikely to trigger credit downgrades, credit agency Moody's Investors Service said.
Nov 6- Credit agency Moody's Investors Service said on Tuesday that superstorm Sandy will slash revenue and earnings at New Jersey's Atlantic City casinos and benefit home repair and discount retailers but will have limited impact on other sectors.
Find out what Wall Street analysts were saying about Allstate, Western Union, and dividend payers like General Mills and McDonald’s in this week’s CNBC.com StockBlog Roundup.
Companies such as environmental cleanup specialist Clean Harbors Inc, building supply chains Home Depot Inc and Lowe's Cos Inc, building products makers Owens Corning and Beacon Roofing Supply Inc, and generator manufacturer Generac Holdings Inc surged in early trading on the assumption that the recovery from Sandy will take years and boost sales.
*Three major New York area airports still closed. *JFK, Newark to resume limited services Wednesday.
Late Tuesday, Port Authority of New York and New Jersey said it was possible that there would be limited service on Wednesday at John F. Kennedy International Airport. Airlines said they planned to restart service Tuesday at some East Coast airports, including Boston and Philadelphia.
Airlines said they planned to restart service Tuesday at some East Coast airports, including Boston and Philadelphia.