The key question for the Shanghai Index is its ability to successfully test support near 2,140, which was created in December 2011 and January 2012. This is a critical level. Failure of support at 2,140 confirms the continuing strength of the downtrend and sets a new downside target near 2,000.
I said earlier we are in a "doom loop": if Spain is forced into asking for a full bailout, Italy will be in play. That means the chances for a full-scale euro breakup (forget about Greece) increase dramatically.
The restaurant sector encountered headwinds that lead to worse-than-expected second-quarter earnings. Following Yum! Brands and Chipotle, McDonald’s was just the latest restaurant chain to miss estimates for the quarter. But should investors buy or sell?
As theater chains beef up security, Hollywood has taken measures to be sensitive to the Aurora killings—Warner Bros. and the other studios refrained from reporting box office tallies over the weekend.
With commodity prices at levels not seen in years due in large part to the drought sweeping half the nation, casual dining restaurants — not their diners — will take it on the chin.
DreamWorks Animation has made another move to diversify away from reliance on a few film releases every year, announcing a deal to buy Classic Media for $155 million.
Mortgage rates are a full percentage point below where they were one year ago, and that recently sparked yet another spike in mortgage refinance applications, according to the Mortgage Bankers Association.
A ban on short selling of all Spanish stocks for three months. A ban on short selling of Italian financial stocks for one week. Both of these measures were taken for the same reason: to ensure "financial stability." Why don't the regulators get what this does to markets?
Let's say you're explaining something complicated, like the brain, to someone like me, whom you suspect may not have one.
The news that U.S. prosecutors are close to arresting traders in connection with the Libor scandal gives rise to the question: what criminal charges are prosecutors likely to levy?
Congressional investigators probing efforts to rig Libor have asked the Federal Reserve to turn over five years of correspondence between the central bank and the U.S. banks that help set the rate.
Alaska Airlines won top spot in North America for on-time arrivals, according to an annual survey. See which domestic and international carriers made the cut.
A website programming error allowed some United frequent fliers to get first-class award tickets for only four miles and about $40 in taxes. What happened?
When a corporation is in the zone of insolvency – i.e., not yet insolvent but on its way – the board of directors should make decisions intended to maximize the corporate value of the firm.
The start of the week will likely prove to be the worst part as Europe, China, and US concerns will all be front and center. With no central bank cavalry set to arrive this week, the markets will not be bailed out and must probe new levels to adjust for the added risk premium.
This is a pretty simple story today: If Spain goes into full sovereign bailout, that puts Italy into play. The European Union cannot allow that to happen, because if it does, the euro will likely break up.
Traders were making last-minute bullish bets on Hasbro on Friday before the company releases its second-quarter earnings numbers in the pre-market this morning.
The NBA is about to go where none of the four major U.S. sports league has gone before – allowing teams to put advertising on player jerseys.
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Though Microsoft reported its first quarterly loss since 1986 this week, Edward Maguire, an analyst for Credit Agricole Securities, is convinced the software giant can reverse the damage.