UNITED STATES

IBTimes Logo

U.S. Stocks Mixed on Earnings Reports

U.S. stocks took a slow upturn on Wednesday, on better-than-expected profits airplane manufacturer Boeing Co., while technology and industrial companies also raised investors optimism by releasing positive earning results. The Standard & Poor's index took a downturn at midday trading.

Boeing Profits Top Wall Street Forecasts

IBTimes Logo
Boeing Co., the world's second biggest commercial airplane manufacturer, said Wednesday its first quarter profit was better expected at $1.2 billion, a 38 per percent gain from last year as it increased deliveries to airlines and built a record backlog of orders.
IBTimes Logo

Dollar falls hits new record low versus the Euro

Dollar fell against the Euro yesterday and touched a new all time low after recent comments by European Central Bank officials stirred talk that the ECB's next move may be to raise interest rates.
More news
IBTimes Logo

Corn Advances as Wet Weather Delays U.S. Seeding

Corn rallied following a government report that said seeding of grain in the U.S. is slower than expected, and a forecast for wet weather in the main growing region signaled a further delay in planting.
IBTimes Logo

Airlines Hard Hit by Soaring Fuel Costs

Soaring fuel prices led three of the largest U.S. airlines to report substantial quarterly losses on Tuesday, with UAL Corp, parent of United Airlines, posting its largest loss since in two years and will shrink its domestic business this year, in line with plans at other airlines.
IBTimes Logo

U.S. Stocks Drop; Texas Instruments, McDonalds Retreat

U.S. stocks fell for a second day on Tuesday, after a batch of disappointing results was released, including microchip maker Texas Instruments Inc, health insurer UnitedHealth Group Inc and Coach Inc., which increased concerns about the health of the economy.
IBTimes Logo

Dollar down as BoA result dampens sentiments

Dollar fell against the Euro on Monday due to the unexpectedly weak result from the Bank of America which dampened the investors in the banking sector and also renewed concerns about the US economy.
IBTimes Logo

Is Gold price all set for a big crash?

By Jon NadlerMetals prices remained within fairly tight ranges overnight as little demand emerged from Asia around the $910 level. The US dollar once again came very close to the critical 1.60 mark against the euro, while crude oil scaled new peaks above $118 spurred by labour problems in the UK and...
IBTimes Logo

As ye plant so shall ye reap

By Bill BonnerAmericans could reap without planting. They could consume without earning. They could invest without saving, and spend as much as they wanted without running out of money
IBTimes Logo

Government meddling in commodity futures market

By Julian D W PhillipsA derivative is a paper instrument founded on an asset. Its value is derived from that underlying asset, and it can be a purchase or sale of a commodity in the future
IBTimes Logo

SSE buys 21% stake in Logan Energy Ltd

Scottish and Southern Energy Plc (SSE) announced on Monday that it had bought a 21 per cent stake in Logan Energy Limited at a cost of £375,000 plus goodwill brought to the new business.
IBTimes Logo

Bloomberg: 'I'm not a newspaper person'

New York Mayor Michael Bloomberg, who is also the founder of financial news and data company Bloomberg L.P., denied reports released Monday that he is interested in buying The New York Times.
IBTimes Logo

Mattel and Hasbro to Hike up Toy Prices

The world's biggest toy makers posted contrasting quarterly results on Monday, with Hasbro Inc. reporting strong profit, while rising costs and legal expenses left Mattel Inc's with a first quarter loss.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.