EQUITIES

IBTimes Logo

Resolution fund to be dropped from Wall Street bill

Large banks would not have to set aside money to cover the cost of liquidating troubled financial firms under an agreement on Wednesday by U.S. lawmakers finalizing a sweeping rewrite of financial regulations.

Rite Aid posts smaller-than-expected loss

IBTimes Logo
Rite Aid Corp posted a smaller-than-expected quarterly loss, helped by lower expenses and charges related to drugstore closings, sending shares up as much as 10 percent.

Turning point for bank trading in Wall Street bill

IBTimes Logo
Wall Street banks face a turning point on Wednesday as U.S. lawmakers are expected to spell out limits on a range of risky but lucrative trading practices in a sweeping rewrite of financial regulations.
More news
IBTimes Logo

Stock futures rise after previous day's tumble

Stock index futures rose on Wednesday after the previous day's tumble as investors expect a statement from the Federal Reserve's rate-setting committee that it will keep interest rates exceptionally low for an extended period.
IBTimes Logo

World stocks retreat on growth fears

European and Asian stocks fell on Wednesday as poor U.S. home sales added to fears about the global economic recovery and optimism over China's new flexible yuan policy faded.
IBTimes Logo

Asia stocks fall on U.S. data

Asian stocks slid on Wednesday and European markets were expected to follow suit as poor U.S. home sales added to fears about the global economic recovery and optimism over China's new flexible yuan policy faded.
IBTimes Logo

Asia stocks fall, U.S. data fuels recovery fear

Asian stocks slid on Wednesday as an unexpected fall in U.S. home sales added to worries about the fragility of the global economic recovery and optimism over China's promise to make the yuan more flexible faded further.
IBTimes Logo

Walgreen profit weaker than expected

Walgreen Co , the biggest U.S. drugstore chain, posted a lower-than-expected quarterly profit as sales of nonprescription items disappointed, sending its shares down 6.1 percent.
IBTimes Logo

Wall Street eyes flat open as China enthusiasm wanes

Wall Street was set for a flat open on Tuesday as investors reassessed a vow by China for more flexibility on its currency and tread cautiously ahead of data expected to show a slight rise in U.S. home sales last month.
IBTimes Logo

Stock futures fall as eyes on housing data

Stock index futures pointed to a lower open on Wall Street on Tuesday, with futures for the S&P 500 down 0.4 percent, Dow Jones futures down 0.3 percent and Nasdaq 100 futures down 0.4 percent at 0930 GMT.
IBTimes Logo

Asian stocks fall as yuan euphoria fades

Asian stocks and commodities retreated on Tuesday as wary investors took profits from a rally ignited by China's weekend decision to give its currency more flexibility.
IBTimes Logo

Asia stocks fall as yuan euphoria fades

Asian stocks retreated on Tuesday as investors booked profits a day after China's weekend decision to give its currency more flexibility triggered a risk rally.
IBTimes Logo

Wall Street ends lower as China yuan euphoria fades

Stocks once again succumbed to late-day selling in light trading on Monday as hopes China's newfound dedication to yuan flexibility turned to doubts about the speed and magnitude of Beijing's intentions.
IBTimes Logo

Wall Street jumps on China yuan move

Stocks rose on Monday but were off their session highs as China's vow to allow a flexible yuan invigorated optimism in the global recovery and raised the sales outlook for U.S. multinational companies.
IBTimes Logo

Stock futures signal gains on China yuan move

U.S. stock index futures pointed to a higher open on Wall Street on Monday, rising alongside global stocks after China's vow to allow a flexible yuan exchange rate boosted investors' appetite for risky assets.
IBTimes Logo

Momentum in stocks' favor but trading choppy

U.S. stocks have momentum on their side next week, though seesawing sentiment could roil the markets and investors will scrutinize comments from the Federal Reserve to gauge the strength of the economic recovery.
IBTimes Logo

Wall St grinds higher in light session

U.S. stocks ground higher in another lightly traded session on Friday, ending a nervous week with gains despite signs of economic weakness at home and worries about public debt in Europe.
IBTimes Logo

Traders go World Cup crazy as markets languish

With the U.S. team playing in the World Cup tournament, Wall Street traders are taking advantage of mediocre volume to focus on the games, with trading floor atmosphere anything but dull.
IBTimes Logo

Walgreen and CVS settle drug plan fight

CVS Caremark Corp and Walgreen Co ended an 11-day standoff over reimbursements for drug prescriptions, saving a relationship worth billions of dollars and lifting shares of the two biggest U.S. drugstore chains.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.