The Chinese government has taken an important step towards breaking the Boeing Co. (NYSE: BA) and EADS N.V. (Paris: EAD)'s Airbus SAS's duopoly in aerospace manufacturing by successfully testing a new regional plane, the Financial Times reported.
Freddie Mac, the government-controlled mortgage financier, reported a $3.02 billion second quarter profit Tuesday on a stronger portfolio, another sign of an improving housing market.
There have been few better ways to track the pessimism surrounding the China slowdown story than the declining value of shares of Caterpillar Inc. (NYSE: CAT), the world's largest maker of construction and mining equipment.
At what point should the American people intervene and stop Wall Street from giving Grandma the SHAFT? Playing by the rules has become the scam.
Europe's strongest economies are being dragged down by the recessions in other European countries, some of which are expected to join beleaguered Greece in seeking a bailout.
InterContinental Hotels Group, Banco Santander, ASML Holding, Pluristem Therapeutics, Elan Corp, ICICI Bank, Health Care REIT, Pfizer Inc and Hewlett-Packard Co. are among the companies whose shares are moving in pre-market trading Tuesday.
A spate of data releases over the coming days is expected to show signs of China's economy stabilizing in July after a slowdown that reduced its growth to its slowest rate in more than three years during the second quarter.
Asian stock markets advanced Tuesday on renewed hopes that the European Central Bank (ECB) will shortly take policy action to lower the peripheral bond yields of struggling nations such as Italy and Spain.
U.S. stock index futures point to a higher open Tuesday as investors continue to expect the European Central Bank to implement new policy measures to rejuvenate the euro zone economy.
European markets were mixed Tuesday as investors remained cautious with anticipation that the euro zone policymakers would soon come up with some measures to rejuvenate the faltering economy.
The top after-market NYSE gainers Monday were China New Borun, Harte-Hanks, Oasis Petroleum, Giant Interactive Group and Pilgrim's Pride Corp. The top after-market NYSE losers were Elan Corp, Heckmann Corp, Duff & Phelps, Eagle Materials and STERIS Corp.
Finance Minister P. Chidambaram sought on Monday to allay investor worries about an economy growing at its weakest pace in almost a decade by pledging to address their concerns over taxes, public finances and interest rates.
Most of the Asian markets rose Tuesday as investor sentiment turned positive amid hopes that Germany will step up measures to alleviate the debt burden lingering over the euro zone.
Rupert Murdoch's News Corp. (Nasdaq: NWSA), the world's third-largest media company by market capitalization, is expected to have lower fiscal fourth quarter earnings as its cable television and film revenue declines.
The New York Stock Exchange said on Monday it is in talks with U.S. securities regulators to settle allegations that the exchange violated rules intended to promote fair competition.
Union Pacific Corp. (NYSE: UNP), the largest track network in the U.S., reached its highest stock price ever on Friday as it shifts its business to natural gas producers as coal shipments drop.
Mere days after a systems failure within the automated operations of one of its market-markers caused wild distortions in the New York Stock Exchange, a major European bourse is having its own version of a technical meltdown.
Pluristem Therapeutics, Logitech International, Nokia Corp, Facebook, American International Group, Knight Capital Group, ICICI Bank and Sanofi SA are among the companies whose shares are moving in pre-market trading Monday.
U.S. stock index futures pointed to a mixed open Monday as investor worries about the weakening economy were alleviated following the recovery in the jobs data in July.
Asian stock markets rallied Monday as better-than-expected jobs data from the U.S. and optimism at European action to boost the faltering regional economy buoyed sentiment.
Most European markets fell Monday as investors remained watchful following a disappointing last week when the European Central Bank (ECB) made no announcement on monetary easing measures to rejuvenate the faltering euro zone economy.
Crude oil futures declined during the Asian trading hours Monday after surging the most in a month in the previous session on upbeat U.S. jobs data.
Asian markets rose Monday after the encouraging news from the U.S. that the economy was regaining momentum to a certain extent and that Greece was showing improvement in complying with bailout requirements.
Asian stock markets ended with gains last week as the speculation of further stimulus measures from the major central banks offered support. However, markets pared gains after policy makers in the U.S. and Europe failed to offer any new stimulus measures needed to bolster growth. Particularly, the lack of concrete new action by the European Central Bank weighed on the sentiment.
The top after-market Nasdaq gainers Friday were Homeowners Choice Inc, Mercury Computer Systems, Career Education Corporation and Atmel Corporation.The top after-market Nasdaq losers were Approach Resources Inc, Rovi Corporation, FEI Company and comScore Inc.
With China’s economy continuing to slowdown in 2012 market participants feel it is imperative that stimulus measures be implemented to regain the growth momentum.
Most of the Asian markets advanced but pared the weekly gains as the U.S. Federal Reserve and the European Central Bank did not announce any stimulus measures to revive the weakening economic growth.
The top after-market NYSE gainers Friday were MaxLinear, United States Cellular Corp, AllianceBernstein Holding, First Majestic Silver and Enbridge Energy. The top after-market NYSE losers were Air Lease Corp, Petroleo Brasileiro SA, Royal Caribbean Cruises, American Water Works Co and Beazer Homes USA.
The pressures on the Washington Post Co., the sixth-largest U.S. newspaper group by circulation, are twofold: the erosion in advertising and circulation revenue of its print properties, and the plunging profit of Kaplan, its for-profit education division, as the federal government enacts more regulations.
Each week, we pick the biggest, most dramatic, or most captivating winners and losers in the world of money and business. Here are the winners and losers for July 29-Aug. 4.
