Stocks capped a rocky week with a rally Friday as investors breathed a collective sigh of relief after Fed Chairman Bernanke said the Fed was willing to do what it takes to stabilize the recovery.
Stocks continued to rally in volatile trading Friday as investors breathed a collective sigh of relief after Fed Chairman Bernanke said the Fed was willing to do what it takes to stabilize the recovery.
After Hurricane Katrina, as the city lost billions of dollars in tourism business, the New Orleans Convention and Visitors Bureau embarked on a mission to overcome unprecedented brand impairment. Today, the tourism industry stands taller, stronger than before.
Stocks rallied, with the Dow jumping over 100 points, after a rocky start. HP skidded.
U.S. stock index futures edged higher before the bell Friday ahead of a key speech from Federal Reserve Chairman Ben Bernanke and the latest measure of second-quarter economic growth data.
The Dow lost its grip on 10,000, ending near session lows Thursday as trading was light and investors braced for two events Friday: the latest reading on second-quarter GDP and a speech by Fed Chairman Ben Bernanke.
Hewlett Packard raised its bid for 3Par to $27.00 a share, a value of $1.8 billion on Thursday.
This is a contested situation where you want to maintain being the superior bid. Dell is clearly saying that 3PAR is a strategic asset for the company because of its cloud-based storage.
To really know if we have succeeded, to really know if we have created a New Orleans region better than before, we have to go out ten years. Here we will find the “new normal” that will come to pass after the Katrina money has run dry, and the economy is left to stand on its own.
Stocks retreated Thursday after an early pop following a report that showed jobless claims fell last week.
U.S. stock index futures pointed to a slightly higher open Thursday on the back of a positive close for the major indexes in the previous session, as investors braced for the government's weekly read on jobless claims.
Stocks rebounded heading into the final hour of trading Wednesday, threatening to snap a four-day losing streak. The Dow was higher, finding firmer footing above 10,000.
The BP Gulf of Mexico oil spill's economic fallout has added a cruel hurdle to the effort to relocate the Hurricane Katrina cottage dwellers, who live in the structures for free, paying utilities and rent only for the lots they live on—or paying no rent if they own the lots.
U.S. stock index futures edged slightly lower ahead of the open Wednesday in the wake of four straight sessions of losses for the Dow Jones Industrial Average and ahead of more numbers on the state of the housing market.
Stocks fell for a fourth straight session Tuesday, ending at their lowest levels in seven weeks, after a dismal report on existing home sales stoked worries about the economic recovery. But several homebuilders finished higher amid some buzz that now might be a good time to get into the sector.
Stocks continued their selloff Tuesday after a dismal report on existing home sales renewed worries about the economic recovery. Homebuilders and oil drillers rose.
Stocks pared their losses Tuesday as homebuilder, telecom and some consumer stocks recovered after a sharp drop triggered by a dismal report on home sales.
U.S. stock index futures pointed to a sharply lower open Tuesday, continuing a late-summer slump for the major indexes, as investors took no encouragement from a pickup in merger activity.
On the Internet, he was known as BadB, a disembodied criminal flitting from one server to another selling stolen credit card numbers despite being pursued by the United States Secret Service.
A regulatory filing shows Bank of America CEO Brian Moynihan has bought 30,000 shares of common stock in the company, a possible signal to Wall Street that the executive believes BofA's stock is undervalued.