Harvard Business School is sending 28 percent of its 2009 graduating class onto careers in finance, a mildly bullish sign for the economy, said Ray Soifer, an independent bank consultant.
U.S. stocks rose 3 percent for the week after ending Friday's session slightly higher, shrugging off government data showing the unemployment rate hit 10.2 percent -- the highest in 26-1/2 years.
U.S. stocks ended slightly higher on Friday, shrugging off government data showing the unemployment rate rose to more than 10 percent.
U.S. stocks barely budged in a choppy trading session on Friday, lifted by several broker upgrades that offset disappointing data showing the unemployment rate rose to its highest in more than 26 years.
U.S. stocks were little changed in choppy trading on Friday as brokerage upgrades offset data showing the unemployment rate soared to 10.2 percent last month, its highest in more than 26 years.
U.S. stocks rose on Friday as investors took heart after the government said monthly payroll losses slowed, even as unemployment rose above 10 percent.
U.S. stock index futures pointed to a nearly 1 percent drop at the open on Friday as U.S. unemployment reached a more than 26-year high and topped the psychologically important 10 percent level.
U.S. stock index futures rose slightly on Friday as investors awaited monthly payrolls data and the unemployment rate, key indicators to determine the strength of the economic recovery.
U.S. stock index futures were slightly higher on Friday as investors awaited monthly payrolls data and the unemployment rate, key indicators to determine the strength of the economic recovery.
Global stocks and commodities gained on Friday, buoyed by firm U.S. data the previous session, lifting risk appetite ahead of hotly anticipated jobs data which will give more evidence on the state of the global economy.
U.S. stock index futures pointed to a mixed open on Wall Street on Friday as investors braced for the all-important monthly payrolls figures and unemployment rate, due at 8:30 a.m. EST.
Asian stocks rose ahead of the latest U.S. payrolls report on Friday, expected to show the fewest job losses since August 2008, while oil prices recovered to $80 a barrel after a sharp drop on high U.S. fuel inventories.
In closing arguments in the trial of the first high-profile Wall Streeters on fraud charges stemming from the financial crisis, a U.S. prosecutor said two hedge fund managers told black and white lies, but a defense lawyer attacked the government for misleading the jury.
U.S. stocks jumped on Thursday, pushing the S&P 500 up for a fourth day, as economic data boosted confidence in the recovery and strong results from Cisco Systems suggested a rebound in technology spending.
U.S. stocks rose sharply on Thursday, pushing the S&P 500 up for a fourth day, as economic data boosted confidence in the recovery and strong results from Cisco Systems suggested a rebound in technology spending.
U.S. stocks rallied on Thursday, with big manufacturers' shares pushing the Dow industrials briefly up 2.1 percent to touch the 10,000 mark, after a rise in business productivity and a drop in jobless claims bolstered investor confidence in the economy.
U.S. stocks jumped on Thursday after a rise in business productivity and a drop in jobless claims lifted investor confidence in the economy, while strong results from Cisco bolstered tech stocks.
Hyatt Hotels Corp shares jumped 8 percent in their debut on the New York Stock Exchange Thursday, spurred by the hotel company's strong balance sheet and low valuation.
U.S. stocks gained sharply on Thursday after an expansion in business productivity and a fall in jobless claims boosted investor confidence about the economy, while Cisco led gains in tech shares.
BlackBerry maker Research In Motion Ltd announced a share buyback worth up to $1.2 billion on Thursday, but analysts said competitive concerns will continue to exert pressure on the company's stock.
U.S. stocks gained sharply on Thursday after an expansion in business productivity and a fall in jobless claims boosted investor confidence about the economy, while Cisco led gains in tech shares.
Hyatt Hotels Corp shares jumped 8 percent in their debut on the New York Stock Exchange Thursday, spurred by the hotel company's strong balance sheet and low valuation.
U.S. stocks jumped on Thursday after strong results from Cisco lifted technology stocks, and an expansion in business productivity and a fall in jobless claims encouraged investors about the economy.
U.S. stocks rallied on Thursday as business productivity grew at the fastest pace in six years and applications for jobless insurance fell to a 10-month low, and Cisco Systems Inc gave an extra boost to the market after posting upbeat results.
Wall Street was set for a higher open on Thursday as data showed a steep pickup in productivity and a decline in applications for jobless insurance.
Dow Chemical Co and Shenhua Group, China's largest coal miner, will reportedly move ahead with their planned $10 billion coal-to-chemical project in Shaanxi province after a delay of at least one year.
Asian stocks fall as South Korea fuels growth concern. China shares rise for 5th day to 12-week high, extending gains on recovery hopes.
Stock index futures rose on Thursday on upbeat results from Cisco Systems and ahead of an expected pickup in October same-store sales as well as jobless claims data.
Stock index futures rose on Thursday on upbeat results from Cisco Systems and ahead of an expected pickup in October same-store sales as well as jobless claims data.
U.S. stock index futures were little changed on Thursday ahead of jobs and productivity data and same-store sales numbers from major U.S. retailers.
