Pfizer, the world’s largest pharmaceutical company, plans to lay off or relocate up to 1,400 New York City employees, seven years after receiving millions of dollars in tax breaks to create jobs in the city. The New York Times reports.
What follows is a roundup of corporate earnings reports for Thursday, April 29.
The weekly jobless claims report should help swing the focus back to the U.S. economic recovery at least temporarily Thursday, after the Fed affirmed low rates are here to stay for the time being.
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American International Group could learn the fate of the stalled $2.2 billion sale of its Taiwan unit Nan Shan Life Insurance as early as Thursday, when Taiwan's parliament will review a report on the deal from the top financial regulator.
Plus, get calls on tech, fast-food stocks and more.
The US government may be sitting on the best value portfolio around.
Stocks ended mixed Monday in tepid trading as investors took a breather after last week's rally. McDonald's and Research In Motion advanced.
What follows is a look at stocks in the S&P 500 displaying unusual volume in today's trading session.
Stocks opened higher Monday but trading was tepid as investors took a breather after last week's rally caused by better-than-expected nonfarm payrolls data.
U.S. stock index futures pointed to a slightly lower open for Wall Street Monday, with investors expected to pause after last week's rally caused by better-than-expected nonfarm payrolls data.
Stocks rose for second day Wednesday as a Deere earnings beat and a rebound in housing starts helped renew investor optimism about the recovery. Consumer stocks were among the best performers; energy, the weakest.
Stocks opened higher Wednesday after Deere blew past earnings expectations and a report showed a rebound in housing starts.
Wall Street looks set to extend the previous session's gains Wednesday, with stock index futures pointing to a modest rise.
Stocks snapped a two-day winning streak Wednesday after tepid reports on employment and the services sector. Pfizer, Merck and Home Depot were the biggest decliners on the Dow.
Stocks struggled Wednesday after tepid reports on employment and the services sector.
Stocks were set to ease slightly at the opening, following the S&P's best two-day gain since October. But numbers on the employment landscape will likely dictate early sentiment.
Stocks turned a shaky start into a full-throttle rally Tuesday as UPS delivered an encouraging earnings report, pending home sales rose and Ford reported a double-digit increase in sales.