AMR Corp , parent of American Airlines, posted a wider-than-expected quarterly loss on Wednesday, saying the jump in fuel prices posed an obstacle to recovery, sending shares down as much as 5.5 percent.
U.S. stocks drifted lower on Wednesday on losses by healthcare and energy stocks, offsetting strong gains by blue chips Apple Inc and Morgan Stanley.
Banks including Wells Fargo & Co reported first-quarter results that showed the loan losses that have plagued the financial sector amid the recession are easing.
General Motors Co has a real possibility of launching an initial public offering by the end of the year, Chief Executive Ed Whitacre said on Wednesday.
As he filled out forms in a re-employment center in the parking lot of his union hall, 61-year-old repairman Albert Hinojosa spoke about his uncertain future after losing a job he held for almost a quarter of a century.
AT&T Inc reported higher-than-expected quarterly earnings as strong sales of Apple Inc's iPhone bolstered profitability despite tepid overall revenue growth.
Paulson & Co, the hedge fund linked to civil fraud charges against Goldman Sachs Group Inc, moved to head off investor concerns about its role in a deal that has scarred the reputation of the Wall Street bank and overshadowed blow-out quarterly earnings.
Visa Inc said on Wednesday that it has agreed to buy CyberSource Corp , a technology company that processes online payments, in a bid to increase its e-commerce business.
Blue chips rose in early trading on Wednesday boosted by strong results from investment bank Morgan Stanley and Apple, but healthcare stocks weighed on the broader market.
Morgan Stanley reported on Wednesday a first-quarter profit behind strong trading results.
AT&T Inc
Diversified U.S. manufacturer United Technologies Corp posted a 20 percent rise in profit that topped Wall Street's expectations and ended a four-quarter streak of declines.
The Nasdaq was set to rise on Wednesday boosted by Apple's blowout quarter, while the broader market pointed to a flat open as bank shares faced pressure despite strong earnings from Morgan Stanley.
Morgan Stanley reported on Wednesday a first-quarter profit behind strong trading results.
H&R Block Inc , the largest U.S. tax preparer, posted a 5 percent fall in total returns filed for the latest tax season as it continued to lose market share to rivals.
U.S. stock index futures were mixed on Wednesday with Nasdaq lifted by blowout profits from Apple as the focus shifted to results from four Dow components and other bellwethers including Morgan Stanley.
U.S. stock index futures were mixed on Wednesday with Nasdaq lifted by blowout earnings from Apple late Tuesday as the focus shifting to results from four Dow components and other bellwethers including Morgan Stanley.
Stock index futures point to a mixed open on Wall Street on Wednesday, as investors braced for another raft of results, including those from Morgan Stanley .
Good morning dear traders, how was your yesterday´s trading day? I hope, you could fetch some pips out of the market. As there have been a lot of chances yesterday.
A technology-inspired rally lifted Asian stocks on Wednesday, after Apple Inc unveiled results that blew past Wall Street's expectations, while the euro suffered more falls on fears over debt-stricken Greece.
Asian stocks rose on Wednesday, led by gains in tech shares after Apple Inc unveiled results that blew past Wall Street's expectations, while the euro struggled as worries mounted about debt-stricken Greece.
Innkeepers USA Trust , a U.S. real estate investment trust with interests in about 73 hotels, is getting ready for a possible bankruptcy filing after missing debt payments earlier this month, according to four people familiar with the matter.
Some of John Paulson's clients are indicating they may withdraw money from the billionaire's hedge fund firm, after it was involved in a transaction that led the U.S. government to file a lawsuit against Goldman Sachs Group Inc , The Wall Street Journal said.
Innkeepers USA Trust , a U.S. real estate investment trust with interests in about 73 hotels, is getting ready for a possible bankruptcy filing after missing debt payments earlier this month, according to four people familiar with the matter.
Yahoo Inc said large advertisers showed a renewed appetite for online display ads in the first quarter, but the Internet company's troubled search business put a damper on the company's comeback plan.
Former Lehman Brothers CEO Richard Fuld lifted his bowed head, looked squarely at U.S. lawmakers on Tuesday and acknowledged that people were hurt in the collapse of the former Wall Street giant.
There are active names in the options market and then there is Citigroup Inc .
Citigroup Inc Chief Executive Vikram Pandit stressed the bank was now focusing on responsible finance, a comment that comes as rival Goldman Sachs wrestles with legal woes.
The Australian Dollar opens higher today at 0.9310 after receiving a boost yesterday from the release of the Reserve Bank of Australia (RBA) April 6 board meeting minutes.
Republican lawmakers on Tuesday took a more conciliatory tone toward Democratic proposals to crack down on Wall Street as the U.S. Senate delayed debate on a financial reform package until next week.
