The combination of the shutdown of a major LA refinery plus autumn planned work at other plants could cause oil prices to spikes by late November.» Read More
Stocks opened sharply lower Tuesday amid a fresh round of worries about euro-zone debt as bank repayments come due to the European Central Bank this week.
Two days of little movement for U.S. stocks is likely to end Tuesday, with renewed worries over euro zone debt pushing overseas markets lower, as well as U.S. stock index futures.
Stocks ended lower Monday after a yo-yo session as investors digested some mixed consumer data, a drop in oil prices and news that the Supreme Court struck down a key part of the Sarbanes-Oxley law, which regulates corporate accounting.
Stocks bounced back Monday in a yo-yo session as investors digested some mixed consumer data, a drop in oil prices and news that the Supreme Court struck down a key part of the Sarbanes-Oxley law, which regulates corporate accounting.
Sprint's 4G strategy revolves around there 56 percent stake in Clearwire, which builds and operates next generation wireless broadband networks.
Stocks turned higher Monday after the Supreme Court struck down a key part of the Sarbanes-Oxley law, which regulates corporate accounting.
US stock futures remained positive after economic news showed gains in income doubled those in spending and consumer saving hit its highest level since September 2009.
Stocks ended mixed Friday, with banks rallying after Congress finally settled on a financial-reform bill. For the week, though, stocks lost 2.9 percent, led by energy.
Stocks rebounded Friday, led by financials after lawmakers agreed on an overhaul of regulations. RIM tumbled after the BlackBerry maker's earnings report disappointed.
Stocks shook off a shaky start Friday, pushing higher after a report showed consumer sentiment is at its highest level since January 2008.
Stocks opened higher Friday amid relief after Congress reached a deal on financial-reform legislation.
Stocks fell sharply as selling accelerated in the final hour of trading Thursday. Worries about a double-dip recession, financial reform and Greece weighed on the market.
Stocks shaved some of its losses in mid-afternoon trading Thursday, but worries about Greece and the financial reform continued to weigh on the market.
Darden Restaurants, the Number 1 casual restaurant chain in the United States, which has reported down quarters over the last 12 months, expects earnings growth of 15 percent to 18 percent in 2011.
Stocks opened lower Thursday after the Fed highlighted the weakness of the recovery in its latest statement. But a pair of better-than-expected economic reports helped curb the losses.
Stock index futures were lower ahead of the opening bell Thursday ahead of key economic data and after the Federal Reserve scaled back its projections for the economic recovery.
The US should expect a notable slowdown in GDP growth, to ½ percent, during the second half of this year, Jan Hatzius, chief US economist at Goldman Sachs, told CNBC Wednesday.
The Dow squeaked out a gain Wednesday after the Fed renewed its pledge to keep rates low and offered a statement with no surprises.
Stocks turned lower Wednesdy after a report showed new home sales hit a record low last month.
US stock index futures pushed higher Wednesday, after stocks closed lower Tuesday as a result of weak housing data