Halliburton Co , the world's second-largest oilfield services company, posted a higher-than-expected quarterly profit on strong demand in its North American market.
Stocks rose on Monday, lifted by natural resource shares on bets on global growth and a share-buyback plan by Intel that added to the allure of the large-cap technology sector.
Software and biotech startups once again got the msot money from U.S. venture capital funds in 2010.
Shares of chip designer Nvidia extended their rally after a Barron's article highlighted its newly launched mobile chips for tablets and smartphones and the growing importance of its graphics technology.
Gold continues to form a long consolidation pattern which has lasted basically for the final quarter of 2010, says Phil Smith in his chart analysis for Reuters' clients. [On] the possible topping [head-and-shoulders] pattern I've been looking at...we have now broken the neckline. Watch for a decisive break below this line. The target for this topping pattern is $1230.
Gold rose on Monday as lower prices after the metal's third consecutive weekly loss attracted some buyers back to the market, but a more optimistic view of global growth still limited fresh investment.
The yellow and white precious metals have pared most of Monday's Asian gains in North American trading but the metals see strong supports at current levels as the sharp correction in recent days have already brought them to technically justified points of entry.
Stocks rose in early Monday trading, lifted by natural resource shares on bets on global growth and a buyback plan at Intel that focused investor attention on the largecap technology sector.
Daily deals website Groupon is considering an initial public offering and is in talks with bankers, founder and Chief Executive Andrew Mason told Reuters on Monday.
Saudi Arabian Oil Minister Ali Naimi said on Monday that he expected oil markets this year to be in balance and price stability to continue at 2010 levels.
The U.S. Treasury Department announced on Monday that will offer two groups of warrants to buy stock in Citigroup Inc. that it obtained as part of the bailout of the bank during the financial crisis.
The S&P and Nasdaq were little changed on Monday as mixed corporate results left investors with little to embrace after the end of a multi-week rally, though the Dow gained modestly on Intel's higher dividend.
Consumers in most countries globally look set to keep a tight grip on spending in coming months as they worry about job security and rising inflation, a survey by the Nielsen Company showed on Sunday.
Facebook, recently valued at $50 billion, sees opportunities to extend its advertising business beyond the gaming sector, a company executive said on Monday.
Stock index futures pointed to a flat open on Monday as some solid corporate results weren't enough to persuade investors to revive a multi-week rally.
Federal bankruptcy judges in Delaware are due to hold separate hearings Monday on requests by two defunct subprime mortgage lenders to destroy thousands of boxes of original loan documents.
Factories in the euro zone reported the strongest monthly price increase on record for raw materials and fuel in January, according to a business survey that again showed German strength propelling the bloc's service sector.
Stock index futures were little changed on Monday as investors assessed whether a rally that started about two months ago had any more steam left.
Stock index futures were little changed on Monday as investors assessed whether a rally that started about two months ago had any more steam left.
Optimism over the U.S. economy is improving and firms are planning to ramp up hiring in the coming months, the latest National Association for Business Economics (NABE) survey showed.
Hong Kong billionaire Stanley Ho, chairman of Macau's biggest casino operator SJM Holdings <0880.HK>, has offloaded more of his shares to relatives, the latest move to cement succession plans for his vast empire.
U.S. stock index futures pointed to a flat open on Monday, with futures for the S&P 500 up 0.04 percent, Dow Jones futures down 0.03 percent and Nasdaq 100 futures up 0.1 percent at 5:27 a.m. ET.
Profit-taking took the euro off two-month highs on Monday and caused euro zone stocks to pare back recent gains amid signs of an improving if uneven recovery by the region's economy.
A Morgan Stanley banker named Kamal Ahmed is under investigation by U.S. authorities for leaking information regarding an upcoming takeover that ultimately was passed on to Galleon Group founder Raj Rajaratnam, the Wall Street Journal said, citing people close to the situation.
The U.S. Treasury's toxic asset funds have gained 27 percent since they were created to help revive the mortgage-backed securities market, according to data expected to be released later on Monday.
Packaging and paper company RockTenn Co has agreed to buy bigger rival Smurfit-Stone Container Corp for $3.5 billion in cash and stock seven months after Smurfit emerged from bankruptcy with less debt and higher profit potential.
Asian stocks outside Japan struggled to hold on to early gains on Monday, as investors remained wary before a slew of corporate earnings and a Fed meeting this week expected to give a cautious readout on the health of the world's biggest economy.
Coffee and meat company Sara Lee Corp will this week weigh an offer from a group of private equity firms which values the company at up to $20 a share or nearly $13 billion, a source familiar with the situation said on Sunday.
British services company Serco has pulled out of a $2 billion bid for U.S. defense consulting firm SRA International Inc , the Daily Telegraph said on Monday.
A bid for Sara Lee Corp submitted by an Apollo-led group values the company higher than its current $18.70 share price, Bloomberg reported on Sunday, citing people familiar with the matter.
