A former Wall Street banker of Japanese descent has emerged as a key figure in the scandal engulfing Japanese blue-chip firm Olympus Corp, according to documents provided by the firm's ex-CEO.
Wall Street stocks were set to open higher on Friday ahead of a European Union debt-crisis summit on the weekend that could go some way in removing one of the biggest overhangs for markets and allow investors to focus on corporate results.
Stock index futures rose on Friday ahead of a European Union debt-crisis summit on the weekend that could go some way in removing one of the biggest overhangs for markets and allow investors to focus on earnings.
Stock index futures edged higher on Friday ahead of a much anticipated European Union weekend summit on the region's debt crisis and as results from General Electric Co did little to undermine hopes for a robust earnings season.
A former Wall Street banker of Japanese descent has emerged as a key figure in the scandal engulfing Japanese blue-chip firm Olympus Corp, according to documents provided by the firm's ex-CEO.
Stocks ended with modest gains on Thursday, shifting back and forth on incremental developments in Europe where leaders sought to reassure investors that a solution to the debt crisis would come soon.
The Dow and S&P 500 rose slightly on Thursday after a joint statement by France and Germany eased some jitters about resolving the European debt crisis.
The S&P rose on Thursday, erasing earlier losses, as comments by French and German leaders eased market concerns before a key summit this weekend.
Stocks fell on Thursday as investors struggled with uncertainty surrounding the upcoming European summit on the debt crisis and sought direction from corporate earnings.
Stocks fell on Thursday as investors grappled with uncertainty surrounding the upcoming European summit on the debt crisis and sought direction from earnings reports from U.S. companies.
Stocks fell on Thursday as investors struggled with uncertainty surrounding the upcoming European summit on the debt crisis and sought direction from corporate earnings.
Major U.S. stock indexes reversed direction to turn lower in morning trading on Thursday as more doubts emerged over whether European leaders could reach a deal on further strengthening the region's rescue fund.
Wall Street flat-lined at the open on Thursday after a report suggested a much anticipated European summit on resolving the region's debt crisis may be postponed, but investors looking for a U.S. earnings season rally put a floor under the market.
Stock index futures rose on Thursday as investors looking for an earnings season rally maintained interest in the market after a sharp fall the previous session, but concerns over Europe's debt crisis capped gains.
LONDON - Doubts about the euro zone's ability to come up with a comprehensive plan to solve its debt crisis hammered equity markets and hit the euro on Thursday, underlining investor impatience with political wrangling.
Stock index futures pointed to a higher open on Wall Street on Thursday after a guidelines document said the European rescue fund will be able to buy bonds on the secondary market.
Doubts about the euro zone's ability to come up with a comprehensive plan to solve its debt crisis hammered equity markets and hit the euro on Thursday, underlying investor impatience with political wrangling.
American Airlines and its pilots resumed contract talks on Wednesday with the company's chief executive saying achieving the kind of labor-cost reductions management wants to nail down will not be easy.
Stocks extended losses on Wednesday following comments from the Federal Reserve that while the economy grew modestly in September, the outlook remains weak.
The Nasdaq fell on Wednesday, weighed down by technology heavyweight Apple's profit miss, but gains in chipmaker Intel and insurer Travelers kept the S&P near the unchanged mark.
Morgan Stanley swung to a quarterly profit as stock trading results proved surprisingly resilient and wealth management revenue soared.
A federal appeals court said Citigroup Inc was not liable to thousands of workers who said it should not have offered bank stock in its retirement plans because it knew the stock was a bad investment.
Stock index futures pointed to a weaker open for equities on Wall Street on Wednesday after strong gains in the previous session, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 down 0.3 to 0.9 percent.
European stocks and the euro rose on Wednesday, on optimism policymakers will take major steps at a summit this weekend to solve the festering debt crisis and offsetting the impact from a cut to Spain's sovereign credit rating.
European stock index futures jumped on Wednesday, tracking a rise in Asian shares, but a cut to Spain's sovereign credit rating from Moody's Investors Service kept investors' risk appetite in check.
Asian shares rose on Wednesday, but gains were capped by a cut to Spain's sovereign credit rating from Moody's Investors Service that kept investors' risk appetite in check.
U.S. bank executives are eager to buy back their stocks at depressed prices, but regulators appear to be reining them in, showing a clear disagreement over how risky the financial world is today and how much banks need to conserve capital.
Apple Inc reported a rare miss in quarterly results after sales of its flagship iPhone fell well short of Wall Street expectations, hammering its shares.
Goldman Sachs Group Inc's bonuses are set to drop at least 20 percent this year and experts warn plunging revenue could push pay for the year even lower.
Stocks surged late in trading on Tuesday as buyers latched onto another report of agreements to strengthen the euro zone's rescue fund to bid up stocks aggressively.