U.S. stocks fell on Thursday as the dollar's rebound quelled demand for risky assets, while a soft FedEx forecast hit transportation shares and a prominent analyst cut estimates for two major banks.
Coca-Cola Enterprises Inc raised its profit outlook for 2009 and gave a 2010 forecast in line with analysts' expectations as it works on drawing consumers to its drinks despite the downturn.
U.S. stocks fell on Thursday as a rebound in the dollar dampened appetite for risk, while a FedEx forecast weighed on transportation shares and a prominent analyst cut estimates for two major banks, compounding losses for financials shares.
U.S. stocks fell on Thursday as the dollar rebounded, diminishing the appetite for risky assets, while FedEx forecast profits below estimates and Citigroup got a cool reception for its stock offering.
U.S. motorhome maker Winnebago Industries Inc said its quarterly loss narrowed as demand for its biggest and most profitable vehicles showed signs of life, sending Winnebago shares up as much as 15 percent.
Wall Street was set to open lower on Thursday as the Federal Reserve's growing optimism about the economy boosted the U.S. dollar to the detriment of equities, while FedEx shares fell as it forecast lower profit.
U.S. stock index futures fell on Thursday, a day after the Federal Reserve voiced growing optimism about the economy, boosting the U.S. dollar even as interest rates stayed at historic lows.
U.S. stock index futures fell on Thursday, a day after the Federal Reserve voiced growing optimism about the economy, boosting the U.S. dollar even as interest rates stayed at historic lows.
Stock index futures fell on Thursday, indicating a weaker start for Wall Street. Futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq Composite were down 0.3 to 0.4 percent by 0944 GMT (4:55 a.m. EST).
Stocks finished flat to slightly higher on Wednesday after the Federal Reserve reiterated its intention to keep interest rates low for the foreseeable future to ensure a sustainable economic recovery.
Stocks finished flat to slightly higher on Wednesday after the Federal Reserve reiterated its intention to keep interest rates low for the foreseeable future to ensure a sustainable economic recovery.
U.S. stocks trimmed gains on Wednesday, with the Dow turning negative after the Federal Reserve reiterated its intention to keep interest rates low for the foreseeable future to ensure a sustainable economic recovery.
U.S. stocks rose on Wednesday as a benign reading on the November Consumer Price Index bolstered expectations that the Federal Reserve will keep its accommodative monetary stance to foster an economic recovery.
U.S. stocks maintained gains on Wednesday after the Federal Reserve said it would leave interest rates unchanged and reaffirmed its promise to keep rates low for an extended period.
Stocks rose on Wednesday after data showed consumer prices did not overheat in November, quelling inflation worries, while housing data pointed to sustained recovery ahead of a Federal Reserve statement on the condition of the U.S. economy.
(Corrects figure for November housing starts to 574,000 units in paragraph 8)
Stocks should score a second straight year of gains in 2010 as an economic recovery brightens the profit outlook, extending the market's rebound from the depths of a punishing financial crisis, a Reuters poll showed on Wednesday.
Wall Street was set to rise at the open on Wednesday after data showed consumer prices did not overheat in November, quelling inflation worries ahead of a statement from the Federal Reserve that will be scrutinized for clues on the state of the world's largest economy.
U.S. stock index futures rose on Wednesday ahead of a statement from the Federal Reserve that will be scrutinized for clues on the state of the world's largest economy.
U.S. stock index futures rose on Wednesday ahead of a statement from the Federal Reserve that will be scrutinized for clues on the state of the world's largest economy.
Stock index futures pointed to a higher open on Wall Street on Wednesday, with futures for the S&P 500 up 0.2 percent, Dow Jones futures up 0.1 percent and Nasdaq 100 futures down 0.2 percent at 0841 GMT (3:41 a.m. EST).
So Shooters, today's big news: Citigroup to pay back $20 billion in TARP to government. Why stop so soon the magic IV drip known as TARP funding (which had just been so graciously extended by Treasury)? Well, it's not because the company is back in good health. They just want to keep ahead of the talent-poaching with the zombies doing jumping jacks - the likes of Goldman Sachs.
Stocks fell on Tuesday, with the Dow and S&P 500 moving off 14-month highs, as a climb in producer prices raised inflation concerns and economic bellwether General Electric issued a flat outlook for 2010.
(Corrects to remove erroneous reference to GE 2010 revenues being down 5 percent and 10 percent in paragraph 6)
Stocks fell on Tuesday, with the Dow and S&P 500 moving off 14-month highs, as a climb in producer prices raised inflation concerns and economic bellwether General Electric issued a flat outlook for 2010.
Stocks fell on Tuesday, with the Dow and S&P 500 moving off 14-month highs, as a climb in producer prices raised inflation concerns and economic bellwether General Electric issued a flat outlook for 2010.
U.S. stocks fell further on Tuesday after General Electric Co , a Dow component and an economic bellwether, forecast flat 2010 profit and revenue.
U.S. stocks fell on Tuesday, with the Dow and S&P 500 moving off 14-month highs, as a climb in producer prices raised inflation concerns.
Wells Fargo & Co sold $10.65 billion in stock on Tuesday to help repay a $25 billion bailout received from the U.S. government last year.
The Dow and S&P 500 fell on Tuesday, slipping from 14-month highs, as a jump in producer prices ignited fears of inflationary pressures.