Family Dollar Stores said it would it would cut jobs, and shut hundreds of underperforming stores and slash prices.» Read More
Stocks turned positive despite disappointing employment news as investors found comfort in other economic news and in expectations the jobs figures would mean the Federal Reserve will continue with efforts to stimulate the economy. DuPont and Bank of America rose, while AT&T fell.
Stocks traded mixed after news the jobs picture hasn't improved despite a string of more hopeful economic data, and despite a report the services sector continued to grow in November. AT&T and JPMorgan fell, while DuPont and Alcoa rose.
The boost to stocks as European Union officials endorsed the $115 billion debt bailout has proved short-lived. The euro has weakened, the dollar strengthened (to a 2-month high), and most major bourses in Europe are down about 1 percent after being up overnight
Due those reports of a 'sweeping insider trading probe' have the potential to rock Wall Street? Should you assume bank stocks are seriously challenged now?
Here’s where the next leg of that move will come from.
Despite a cluster of negative economic news, people continued to buy, buy, buy.
Wal-Mart Stores is holding an analyst day today. Investors will use the chance to get to know Bill Simon better — he has been running the USA division only since June. Here are the issues being mentioned by traders...
The Republican leader is focused on stopping any regulatory, tax, and trade barriers to job creation. When asked about the main agenda point for a GOP Congress, Boehner said, “Stop all the bad stuff.” I like it. Stop all the bad stuff.
The country’s continued economic doldrums have stores scrambling for the once-ignored low-end customer, as people make fewer costly shopping trips to stock their pantries. The New York Times reports.
The Nikkei, down 3.6 percent, hit a 52-week low as investors were not impressed with the BOJ's latest stimulus efforts, boosting cheap loans to commercial bnaks. The yen is at a 15-year high against the dollar.
If you’re looking for a safety play Morgan Stanley analyst Joseph Parkhill has an idea for you.
While Family Dollar was preparing for a potential fight with Trian, according to people close to the situation, the two seem to be on the same page.
What follows is a roundup of corporate earnings reports for Tuesday, June 8.
Stocks struggled to hold gains Tuesday after an early pop following comments from Fed Chairman Ben Bernanke.
At an informal gathering of hedge fund traders last night, the mood was decidedly gloomy. I noted yesterday that many hedge funds had a horrific May: 1) most were net long going into May, and 2) many had been short volatility. Volatility, as we know, exploded in May, forcing many firms to cover their short positions. Not only that, traders seemed to have been unprepared for the dollar's rebound...
U.S. stock index futures struggled to find direction Tuesday, reversing earlier gains as European shares pushed lower and the euro lost early gains.
In the wake of lackluster same-store sales results, should you put any retailers on your radar?
Actually, there are some related plays that might work even better.
Following is the latest version of Morgan Stanley's Best Ideas list, which selects the most attractive stocks in terms of their risk/reward profile, whether they have a catalyst on the horizon, and which have been deeply researched.
Stocks ended a strong quarter with a thud Wednesday after a disappointing report on jobs from ADP.