A proposal to cleave the roles of chairman and CEO at banking giant JPMorgan Chase was defeated in a narrow shareholder vote on Tuesday.» Read More
European equities finished a volatile session broadly flat on Monday after investors balanced fresh assurances of global central bank stimulus against some disappointing earnings.
Buffett remains confident Berkshire's value will "over time surpass the S&P returns by a small margin." He's still on his "search for elephants."
Carl Icahn is gearing up for another fight, saying Monday that Transocean's dividend payment recommendation of $2.25 a share is "too little, too late."
Asian stocks fell on Monday, dragged down by a slide of 3.7 percent in Shanghai following fresh property curbs. Japanese shares, however, briefly touched a fresh four-and-a-half year peak as comments from the government's nominee as the next Bank of Japan governor fueled hopes for aggressive monetary easing.
Stocks finished in positive territory on the first trading day of March, with the Dow within 100 points of hitting an all-time closing high, as a better-than-expected ISM manufacturing report offset worries over China and Europe and as investors shrugged off the looming government spending cuts.
European shares edged lower on Friday, impacted by weaker bank and mining stocks, and traders expected equities to stay trapped in a tight range this month.
It's on: President Obama on Friday signed an order that starts putting into effect across-the-board budget cuts known as the "sequester" after he and congressional leaders failed to find an alternative budget plan.
Stocks eased off their best levels but eked out a gain on the final trading day of February, with the Dow within striking distance of a new all-time closing high and the S&P 500 logging its fourth-consecutive month of gains.
European shares closed higher on Thursday as investors watched to see whether a last-minute deal can avert the $85 billion of automatic spending cuts due in the U.S. on Friday.
Check out which companies are making headlines after the bell Thursday:
"I've decided that I'd like to spend more time with my family. Just kidding – I was fired today," Mason said in an email to employees announcing his departure.
The pace of growth in the U.S. manufacturing sector picked up to its fastest rate in over a year and a half in February as new orders continued to accelerate, while a separate report showed U.S. construction spending fell.
U.S. consumer sentiment rose in February as Americans were more optimistic that the jobs market will improve, even as confidence in fiscal policy was near all-time lows, a new survey showed.
Check out which companies are making headlines before the bell Thursday:
Salesforce.com reported quarterly earnings and revenue that blew past analysts' expectations. Shares jumped after-hours.
Asian markets were mixed on Friday, with Japan closing higher and Australia clawing back from session lows, while Chinese shares edged down on news that manufacturing activity in the mainland declined in February.
Herbalife announced on Thursday that it has agreed to increase the size of its board to add two representatives of activist investor Carl Icahn.
J.C. Penney delivered the latest dismal retail news, reporting a much larger-than-expected loss as same-store sales fell 32 percent. Shares skidded after-hours.
Gap's latest quarterly report topped forecasts. The mall clothing chain also raised its dividend by 20%.
Consumer electronics giant Best Buy reported quarterly earnings and revenue that exceeded Wall Street's expectations.