U.S. stocks pulled lower on Tuesday, with the S&P 500 and the Dow Jones Industrial Average extending losses into a third session.» Read More
U.S. stocks tallied modest declines on Tuesday as investors wait to hear from the Federal Reserve in weighing central-bank monetary moves ahead.
NEW YORK/ BOSTON, Nov 14- Top U.S. hedge fund managers in the third quarter bought and sold shares of such hotly debated companies as Herbalife Ltd, J.C. Penney Co and Sotheby's. Ellington Management Group LLC, a $5.5 billion investment firm founded by Michael Vranos, took a new position in auction house Sotheby's, as did Eric Mindich's Eton Park Capital Management.
The U.S. is synonymous with technical innovation but is way behind other countries in using smartphones for payment.
US stocks close higher; S&P 500 scores fourth weekly gain
David Dietze, President & Chief Investment Strategist at Point View Wealth Management tells us why he likes AIG.
This pullback presents the chance to buy a terrific stock with a nifty discount, said Cramer.
*Exxon Mobil shares rise after results beat Wall St forecast. Dragging on the Dow and the S&P 500, Visa Inc lost 3.5 percent to $196.67 after the world's largest credit and debit card company reported a 28 percent drop in quarterly profit.
U.S. stocks end lower.
*Exxon Mobil shares rise after results beat Wall Street forecast. NEW YORK, Oct 31- U.S. stocks edged up on Thursday, though trading was subdued a day after a Federal Reserve policy announcement that kept its stimulus plan in place.
NEW YORK, Oct 31- U.S. stocks barely budged on Thursday as investors exercised caution in the wake of the Federal Reserve's policy announcement and some encouraging economic data.
CNBC's Melissa Lee, Dominic Chu and Stephanie Link dissect the numbers on Avon, Oshkosk, Visa and Mastercard.
U.S. stock index futures were mildly lower on Thursday after weekly data on the labor front and Exxon Mobil reported reported.
Oct 31- MasterCard Inc, the world's No.2 credit and debit card company, reported a 14 percent rise in quarterly profit as more people across the world used plastic instead of cash. MasterCard and larger rival Visa Inc have been trying to capture new business in emerging markets, where cash payments still dominate but use of cards is growing at a fast pace.
MasterCard reported earnings that topped expectations, a day after larger rival Visa posted lower profit, mainly due to a tax provision.
Some of the names on the move ahead of the open.
*Fourth-quarter profit of $1.85/ shr vs est $1.85. Oct 30- Visa Inc, the world's largest credit and debit card company, reported a 28 percent fall in quarterly profit due to a higher income tax provision and was slightly pessimistic about its outlook in the face of soft U.S. consumer spending.
Stocks declined, with the S&P 500 halting a four-session record run, as Wall Street reacted to the Federal Reserve's decision to hold off on reducing its monetary stimulus.
Oct 30- Visa Inc, the world's largest credit card company, reported a 28 percent fall in quarterly profit due to a higher income tax provision. Net income attributable to Visa fell to $1.19 billion, or $1.85 per Class A share, from $1.66 billion, or $2.47, a year earlier.
Check out which companies are making headlines after the bell Wednesday:
Oct 30- Visa Inc, the world's largest credit card company, reported a 28 percent fall in quarterly profit due to higher income tax provision. Net income attributable to Visa fell to $1.19 billion, or $1.85 per Class A share, from $1.66 billion, or $2.47, a year earlier. Total operating revenue rose 9 percent to $2.97 billion.