The Dow Jones transports closed at an all-time high on Thursday, leading U.S. stocks higher and signaling more gains due to its role as a touchtone of economic demand.
Yandex, Russia's most popular internet search engine, plans to raise up to $1 billion in an initial public offering on Nasdaq, it said on Thursday.
Pending sales of existing U.S. homes were much stronger than expected in March and a homebuilding company trimmed losses, offering faint glimmers of hope for the depressed U.S. housing market.
American International Group
sued two money management firms on Thursday as the bailed-out insurer launched a fight to recoup billions of dollars it said it lost due to fraud.Pending sales of existing U.S. homes rose a much stronger than expected 5.1 percent in March, data from a real estate trade group showed on Thursday.
Sonya came to me as a fairly recent graduate with a BFA degree in interior design and three years of design experience working for a national retailer’s interior design division. Sonya’s goal was to secure an interior designer, project manager, or design assistant role with a residential or commercial architecture or interior design firm.
Economic growth braked sharply in the first quarter as higher food and gasoline prices dampened consumer spending and sent inflation rising at its fastest pace in 2-1/2 years.
Silver soared to an all-time high on Thursday and gold rose to another record, as a falling dollar and signs that the Federal Reserve would maintain a loose monetary policy boosted precious metals' appeal as a hedge against inflation and economic uncertainty.
Baidu Inc more than doubled its profit in the first quarter and forecast stronger-than-expected revenue for the second quarter, betting on strong online advertising demand among China's businesses.
The world of bank regulation is not known for flamboyance but even within this beige universe Martin Gruenberg has a decidedly low-key public manner.
Economic growth slowed more than expected in the first quarter as higher food and gasoline prices dampened consumer spending, and sent a broad measure of inflation rising at its fastest pace in 2-1/2 years.
Canada's largest software company Open Text Corp has strong prospects for growth partly due to its solid pipeline, analysts said, and raised their price target on the stock, a day after it posted a jump in quarterly profit.
NYSE Euronext's attempts to charm investors into backing the lowest of two bids were overshadowed by investor demands the exchange open talks with arch-rival Nasdaq OMX.
Microsoft Corp is expected to report an 18 percent jump in quarterly profit, as its reliable Windows and Office franchises keep growing.
U.S. stocks edged up on Thursday, erasing early losses as investors brushed off disappointing economic data and bet on a further rally in equities.
U.S. GDP growth fell to 1.8 percent annual rate in the first quarter of 2011 after a 3.1 percent fourth quarter rise, the Commerce Department said on Thursday. Economists had expected a 2 percent growth pace.
EBay Inc's efforts to make its marketplaces more appealing to online shoppers paid off in the first quarter as more people bought items on its auction site, and its PayPal payment system was used by more merchants.
Wall Street was set for a lower open on Thursday after a report showed the U.S. economy grew less than expected in the first quarter and a number of companies pointed to rising costs.
Wall Street edged lower on Thursday after data showed the U.S. economy grew less than expected in the first quarter and a number of companies pointed to rising costs, but the Nasdaq remained close to its 10-year high reached in the previous session.
A group of Facebook shareholders is seeking to offload $1 billion worth of shares on the secondary market, a sale that would value the company at more than $70 billion, according to five sources with direct knowledge of the situation.
Merger hopefuls Deutsche Boerse and NYSE Euronext attempted to dazzle investors with forecast-beating results as they stepped up efforts to see off rival bidder Nasdaq.
Chrysler Group LLC, which came to the brink of collapse before a federal bailout in 2009, plans to fully repay more than $7 billion in loans from the U.S. and Canadian governments by the end of June.
Dow Chemical Co posted a higher-than-expected quarterly profit, helped largely by sales of plastics, pesticides and electronic parts.
Power company Exelon Corp is to buy rival Constellation Energy Group for $7.9 billion, the latest in a series of deals in a fragmented U.S. utility industry that faces new costs to upgrade power grids and meet environmental controls.
The Bank of Japan kept monetary policy unchanged on Thursday even as it lowered growth forecasts and estimated the economy tipped into recession early this year, disappointing analysts who felt the grim readings after last month's earthquake called for more policy easing.
U.S. stock index futures edged lower on Thursday, a day after the Nasdaq rose to a 10-year high and investors looked ahead to first-quarter growth data amid concerns the U.S. economy may be starting to slow.
India has shortlisted European defense firms Dassault
and Eurofighter for an $11 billion fighter jet contract, rejecting U.S. and Russian firms in a move that indicates an effort by Asia's third largest economy to broaden its strategic ties.News and information provider Thomson Reuters Corp's revenue growth accelerated in the first quarter as it reaped the benefits of heavy spending on new products, and the company said it plans to sell two more businesses to fund further investment.
The Bank of Japan kept monetary policy unchanged on Thursday even as it lowered growth forecasts and estimated the economy tipped into recession early this year, disappointing analysts who felt the grim readings after last month's earthquake called for more policy easing.
Deutsche Bank posted near record first-quarter profit, driven by investment banking market share gains and acquisitions in retail banking and wealth management.
