The new boss of the New York Stock Exchange talks about the future of the trading floor.» Read More
*Gunfire forces brief lockdown at U.S. Capitol in Washington. U.S. stocks extended losses in late afternoon after shots were fired outside the U.S. Capitol but quickly recovered. Helping stocks to trim losses, the New York Times reported that House Speaker John Boehner told colleagues that he would not let the United States default on its debt.
NEW YORK, Sept 30- U.S. stocks slipped on Monday as the possibility of a partial government shutdown rose, although major indexes were on still track to close out September with solid monthly gains.
Starting next week, hedge funds will be allowed to advertise. That's good news for the suffering sector, but it will have to fight some stiff headwinds.
Cramer thinks pros may develop a thing for these financials. Are they on your dance card?
NEW YORK, Aug 27- A New York state appeals court has revived a lawsuit brought by the state attorney general's office against Charles Schwab& Co Inc over claims that the brokerage firm fraudulently marketed auction-rate securities. The lawsuit was brought by former New York Attorney General Andrew Cuomo.
*JPMorgan shares fall on probe over mortgage. Wall Street had opened higher, trimming some gains later in the morning before getting a boost from tech shares such as Microsoft Corp in afternoon trading. Microsoft shares rose 3 percent to $33.01 in heavy volume.
*Bank of England ties rates to jobs. NEW YORK, Aug 7- World share indexes dropped on Wednesday and the dollar fell for a fourth day in a row as investors grew concerned over when the Federal Reserve will start to wind down its stimulus program.
*Walt Disney falls after results, Time Warner rises. NEW YORK, Aug 7- Major U.S. stock indexes fell for a third straight day on Wednesday, as concerns grew over the longevity of the Federal Reserve's stimulus policy, which has been widely credited with fueling the market's gains this year.
Investors in actively-managed small-cap funds have several reasons to worry, fund experts and financial advisers have warned.
NEW YORK, July 26- Brokerage giant Charles Schwab Corp on Friday gave a cautiously upbeat assessment of client confidence and the outlook for interest rates, but warned investors against over confidence about its near-term outlook.
NEW YORK, July 26- Brokerage giant Charles Schwab Corp on Friday gave a cautiously upbeat assessment of client confidence and the outlook for interest rates, but warned investors against overconfidence about its near-term outlook.
*Quarter net loss $54.4 mln vs profit $39.5 mln year ago. July 24- Discount brokerage E* Trade Financial Corp reported a second-quarter loss of $54 million on Wednesday due to a $142 million charge related to the sale of its market-making unit.
Discount brokerage E*Trade Financial reported a quarterly loss because of an impairment charge of $142 million to account for its surprise exit from market making.
*Quarterly profit, revenue beat Wall Street expectations. July 23- TD Ameritrade Holding Corp posted a 19.5 percent rise in quarterly earnings, as interest revenue and trading commissions at the discount brokerage firm beat Wall Street expectations.
NEW YORK, July 19- U.S. Treasuries prices rose on Friday as disappointing earnings from technology giants Google and Microsoft weighed on stocks and rekindled safe-haven bids for bonds, pushing benchmark yields to two-week lows.
*S&P companies' exposure to China has jumped over the years. *More than half of revenue for Yum Brands, AMD comes from China. Among 18 S&P companies with large exposure to China, 12 of them were underperforming the broader S&P 500 index year-to-date, including Yum Brands Inc and Intel, which noted the slower growth in China as a headwind.
*Second-quarter earnings per share 18 cents vs est 19 cents. July 16- Brokerage giant Charles Schwab Corp reported a 7 percent slide in second-quarter profit on Tuesday, driving shares down 4 percent as rising expenses outstripped forecast-beating revenue.
U.S. stock index futures struggled for direction Tuesday as investors digested a handful of mixed earnings reports.
*Goldman Sachs profit doubles, helped by bond trading. NEW YORK, July 16- Wall Street was set for a flat open on Tuesday as profit-taking after the S&P 500' s eight-day advance and investor caution about monetary policy outweighed Goldman Sachs' doubling of its quarterly profit.
BOSTON, July 10- Massachusetts' chief securities regulator has hit top Wall Street firms with subpoenas, saying he fears elderly people are being targeted for high-risk, alternative investment products.