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More companies announced layoffs this week as the employment picture continued to dim. Clorox, Time Warner Cable and Fidelity National Financial were among the latest names on Wednesday to announce job cuts.
Another day, another round of corporate layoffs. Liz Claiborne and PNC Financial Services became the latest companies to announce job cuts on Tuesday
A major US retailer announced job cuts Monday amid worries about the fate of the stimulus plan, while a big Wall Street firm has further job cuts in store, according to reports.
A major US retailer announced job cuts Monday amid worries about the fate of the stimulus plan and the economy.
More companies announced layoffs on Thursday as the employment picture continued to dim.
More companies announced layoffs on Tuesday as the employment picture continued to dim.
Pension under-funding is becoming the latest problem for corporations. In the last couple days, Hershey, U.S. Steel, Delta, and Canadian Pacific have noted that their company pensions were underfunded.
Another round of layoffs was announced by big-name companies Monday, adding to the gloom over rising unemployment.
Stocks clawed their way back from a midday rout as banks surged and investors relaxed after the Treasury Secretary nomination hearing ended.
Stocks clawed their way back after paring earlier gains amid worries about the confirmation hearing of the Treasury Secretary nominee.
More companies announced layoffs as the employment picture continued to dim.
Stocks opened higher Wednesday as investors hope President Barack Obama's economic team will bring clarity to the markets.
U.S. stock index futures pointed to a higher open for Wall Street Wednesday as investors hope President Barack Obama's economic team will bring clarity to the markets.
Even on Inauguration Day, companies continued to announce layoffs, reinforcing the challenges facing Barack Obama.
Corporate layoffs have soared since New Year's. On Friday alone, GE, Pfizer, AMD, Wellpoint and Hertz announced big cuts.
Major indexes declined Thursday as investors digested the latest round of earnings and layoff news. Bank of America skidded amid news that the bank is going back to the government for help, while JPMorgan ticked higher after beating earnings estimates.
Stock futures pared their losses after a round of economic data came in more or less as expected. Bank of America skidded amid news that the bank is going back to the government for help, while JPMorgan ticked higher after beating earnings estimates.
Cramer makes the call on viewers' favorite stocks.
Airlines stocks are flying high, leaving the global recession in their wake as the price of crude oil continues to tumble. The unprecedented plunge in oil prices have led many of the airlines stocks higher, with 64% of the AMEX Airline Index components gaining above 15% in the past six months.
When oil prices spiked to unprecedented altitudes, airlines were hurting. Oil prices have now plunged — and airlines, which had hedged their fuel purchases at much higher levels, are hurting even more. So why does Hunter Keay of Stifel Nicolaus Capital Markets think now might be a good time to buy airline stocks?