Stock index futures pointed to a modestly lower open on Tuesday as a slew of corporate earnings failed to persuade investors to add to the previous session's gains.
BlackRock Inc , the world's largest asset manager, reported a big jump in fourth-quarter profit and revenue on Tuesday, aided in no small measure by the global stock market rally.
Sales of automobile paint and plastics helped DuPont post a higher-than-expected quarterly profit, though higher raw material costs raised concern about margin pressure this year.
Europe needs to strengthen its financial rescue fund to reduce the risk of renewed global instability as U.S. tax cuts and buoyant emerging economies help propel the recovery elsewhere, the IMF said on Tuesday.
Sales of automobile parts, including paint and plastics, helped DuPont post a better-than-expected quarterly profit, and a lower tax rate led the company to boost its 2011 forecast.
Europe should strengthen its financial rescue fund to reduce the risk of renewed global instability as U.S. tax cuts and emerging economies help propel recovery elsewhere, the IMF said on Tuesday.
Analysis finds that companies' greenhouse gas emissions have a definite impact on their valuations.
Economy in the U.K. grew slower in the fourth quarter though it was above economists' forecasts, according to the latest report by the U.K. Statistical Department.
The euro hit a two-month high before easing a little on Tuesday, bolstered by strong demand for the euro zone rescue fund's first bond sale, while world stocks held steady.
Stock index futures pointed to a weaker open on Wall Street on Tuesday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 down 0.1-0.2 percent.
A package of U.S. tax cuts should give a lift to a global economic recovery that had already begun to gain speed late last year, the IMF said on Tuesday as it revised its world growth forecast higher.
Asian stocks rose on Tuesday, with the Nikkei gaining more than 1 percent , on optimism that companies will report strong earnings, while the euro held near a two-month high.
The Bank of Japan on Tuesday revised up its consumer price forecast for the fiscal year beginning in April, a move that reflects the impact of recent rises in commodity prices.
Electronic health records -- touted by the White House as a key way to improve healthcare in the United States -- may actually do little to improve quality, U.S. researchers said on Monday.
American Airlines Inc and Sabre Holdings Corp put litigation on hold and said they will try to reach a deal to end a dispute over how the carrier's fares are displayed to travel agents and customers.
The euro hit a fresh two-month high on Monday as hopes for a durable solution to the euro-zone debt crisis pushed the currency past key technical levels, while stocks rose on bets of higher growth in the global economy.
Lately, we've noted the improving sentiment picture for Gold. As a market weakens, sentiment will naturally become less bullish. In this case, sentiment has weakened considerably yet Gold is only 6% off its high. Most interesting in particular is the divergence between the COT data for Gold and Silver and the rest of the commodities.
American Express Co said fourth-quarter revenue grew 13 percent from a year earlier, as consumer spending increased.
Canadian gold miner Greystar Resources said on Monday its gold and silver Angostura project in Colombia poses no threat to the ecosystem amid growing opposition from local authorities.
Bob Benmosche will remain as chief executive of bailed-out insurer American International Group Inc for at least another year, having responded very well to treatment for cancer, the company said on Monday.
Wesdome Gold Mines Ltd said fourth-quarter gold production rose 2 percent to 21,500 ounces and forecast higher output in 2011. The company sees overall production of more than 70,000 ounces in 2011, helped by initial production at its Mishi mine in Ontario.
Startup website Foursquare has enough money to last it through to the end of the year and is in no rush for a sale or public offering, despite new competition from Facebook, co-founder Dennis Crowley said.
Three competing, politically charged tales of the financial crisis will emerge this week when a U.S. congressional panel finally concludes its 20-month investigation.
American Express Co said fourth-quarter revenue grew 13 percent from a year earlier, as consumer spending increased and the company earned more from fees.
U.S. stocks advanced on restructuring news, strong economic forecast
Three competing, politically charged tales of the financial crisis will emerge this week when a U.S. congressional panel finally concludes its 20-month investigation.
Wall Street resumed its rally on Monday, led by natural resources and tech shares as investors saw stocks regaining momentum lost late last week.
The U.S. Securities and Exchange Commission is investigating dealings between former Massachusetts Treasurer Timothy Cahill and a former top aide who now works at Goldman Sachs .
Wall Street resumed its rally on Monday, led by natural resources and tech shares as investors saw stocks regaining momentum lost late last week.
Wall Street rose on Monday, led by natural resource companies on bets on global growth and a share-buyback plan by Intel that lifted the large-cap technology sector.
