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Stocks traded higher Thursday after a handful of mixed economic news and as investors snapped up beaten-down stocks following a selloff in the previous session over Greece's growing debt worries.
Stocks have given up all of Tuesday's gains midday on more concerns over the Greek debt crisis. While protests over government cutbacks continued in Athens, stocks dropped further as European markets closed and as the Euro weakened.
The news that the SEC is investigating Merrill Lynch’s role in putting together complex mortgage related securities for the hedge fund Magnetar is sending chills through Wall Street offices.
Euro zone finance ministers are meeting on the debt crisis - again. But this strategist isn't expecting much.
One of several tech companies to issue IPOs recently, Boingo Wireless had seen its stock drop almost 40 percent since its May 4 debut on the NASDAQ this morning.
Nearly one year after Congress passed financial changes to rein in the banking sector, more than two dozen of the legislation’s rules are behind schedule, and no end to the wrangling over details is in sight, the New York Times reports.
Deutsche Bank downgraded Tiffany & Co today, warning that the stock is "priced to perfection." Tiffany had been rated a "buy" and now it is a "hold," according to Deutsche Bank.
A lot of downward pressure on the dollar is easing off. Here's why — and what you should do.
Risk-on is going out - of fashion. Here are suggestions for safe-haven currency trades, from the experts.
We're poolside at the Bellagio.
Vermont, and a handful of other states including Utah, South Carolina, Delaware and Hawaii, are aggressively remaking themselves as destinations of choice for the kind of complex private insurance transactions once done almost exclusively offshore.
A report that Greece is mulling an exit from the euro is pulling down that currency, but this expert thinks it's a long shot.
Just days before the highly-anticipated secondary offering of American International Group shares is set to be marketed to investors, the sellers are at loggerheads with the bankers they have hired over where to price the deal, say people familiar with the matter.
Looks like Goldman's golden boy Jan Sramek, the youngest candidate ever listed on Financial News' 100 Rising Stars and Goldman's former emerging markets FX trader, has quit and will be starting his own company.
With U.S. gas prices nudging toward $4 per gallon—only 11 cents away from their all-time high in 2008—will Americans start to pull back on discretionary driving habits? We polled a dozen economists, strategists, consumer experts, and traders to ask that very question. Here are some highlights of our conversations:
The European Union’s antitrust investigations into derivatives will very likely demonstrate how banks use regulations to stifle competition.
Stocks closed at new highs for yet another session despite mixed economic news and a varied batch of earnings reports, putting all three major indices on track for the best April since 2009.
Stocks continued to gain before the market closed Thursday although many tech stocks slipped after mixed earnings reports and ahead of Microsoft's results, which will be released later today.
Stocks traded mixed after news that pending home sales rose 5.1 percent, and a slew of companies delivered a mixed batch of earnings, a day after the market hit record multi-year highs across-the-board.
The specter of Lehman Brothers continues to haunt policymakers. Nowhere is its presence more apparent than the euro zone, where twin banking and sovereign debt crises are raging, reports the FT.