Investors were chattering about the sharp move higher in stocks this September and what to make of weakness on Monday. Should you position for further gains?
Stocks lost ground in the last half hour of trading and closed near the lows of the session Monday amid light volume and a flurry of merger and acquisition activity. AT&T and American Express rose, Bank of America fell.
Stocks added to modest losses ahead of the close Monday amid light volume and a flurry of merger and acquisition activity. AT&T and American Express rose, Bank of America fell.
Both the Dow and S&P traded lower Monday despite a flurry of M&A valued at $10.5 billion. What gives?
Stocks were slightly lower Monday amid a flurry of merger and acquisition activity and in the absence of significant economic news. Alcoa fell, HP gained.
Stocks are sitting at 4-month highs as the Dow is still on pace for its best September since 1939 and its best quarter in a year. How good a month has it been? The Dow has only been down on 4 days in September — the fewest number of days in any month since April 2007.
U.S. stock index futures struggled to find direction ahead of the open Monday despite a flurry of merger and acquisition activity. Wall Street managed to extend the September rally at Friday's close with the major indexes ending higher a fourth straight week on economic optimism.
After two years of prodding from Hollywood, the F.C.C. agreed to let movie studios activate technology to prevent films sold through video-on-demand systems from being copied. That could open the door to a new era, the NYT reports.
Blockbuster failed to update its brick-and-mortar model to compete in the fast-paced digital age, and it's been trounced by Netflix and Redbox.
An Iowa egg producer at the center of a nationwide outbreak of salmonella apologized to a Congressional panel on Wednesday and acknowledged that his family operation had become “big quite awhile before we stopped acting like we were small.” The NYT reports.
The United States government has singled out the Yuan's exchange rate as a troublesome issue, demanding appreciation to help improve the Sino-U.S. bilateral trade imbalance. With the multiple domestic economic problems facing America, many are seeing this as a ploy to help resolve them through this medium.
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.
Walmart is gearing up for a move into small convenience stores in urban markets such as Chicago and Los Angeles as the largest US retailer seeks to revitalise its growth in its home market.
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Cheap labor was a main reasons why so many manufacturers moved operations to China. But with rising currency and labor costs will companies like Walmart leave?
The recent onslaught of negative economics reports and news stories may have many investors considering a more defensive investment strategy. Sounds like a reasonable approach, right? Not necessarily. ...A report from DailyFinance.
As retailers begin to gear up for holiday 2010, the Wal-Mart and Amazon seem to be preparing for another price cutting battle, which could put pressure on GameStop shares in the fourth quarter.
Toys 'R Us will soon debut at least 10 FAO Schwarz pop-up stores, meaning some folks won't have to travel to New York to dance on the big piano keyboard this holiday season.
Exactly 2 years have passed since Lehman Brothers declared bankruptcy, sending markets on a downwards spiral. Many sectors and stocks have still failed to recoup all of their losses since that fateful weekend.
Stocks snapped a four-day winning streak as the Dow and S&P fell after struggling with direction much of the day despite signs of strength in the U.S. economy. Boeing and American Express fell, while HP rose.