U.S. stocks rose at the open on Wednesday boosted by stronger-than-expected results from JPMorgan Chase and Intel, and after retail sales data provided fresh evidence of an economic recovery.
Sales at U.S. retailers rose more strongly than expected in March, pointing to a broadening of the manufacturing-led economic recovery as inflation pressures remained muted.
BY Chuck MikolajczakWall Street was set for a higher open on Wednesday, boosted by solid results from Intel and JP Morgan Chase, while retail sales data provided fresh evidence of an economic recovery.
U.S. stock index futures rose on Wednesday, boosted by Intel Corp after the technology bellwether posted better-than-expected quarterly results and forecast revenue above estimates.
U.S. stock index futures rose on Wednesday, boosted by Intel Corp after the technology bellwether posted better-than-expected quarterly results and gave a forecast that topped estimates.
The Treasury department will release new rules on Wednesday that would prevent banks from seizing a borrower's social security to recover unpaid debt, the Wall Street Journal said.
Britain's Prudential has appointed Rob Devey, currently head of UK and Europe, to lead the integration of its Asian operations and the Asian arm of rival AIG , after the sector's biggest acquisition.
Chinese dairy products maker Taizinai, which counts Goldman Sachs and Morgan Stanley among its investors and Citigroup among its lenders, has collapsed, leaving around 3 billion yuan ($440 million) in unpaid debt, sources familiar with the matter said on Wednesday.
Stocks futures rose on Wednesday, pointing to a higher start for Wall Street after the world's top chipmaker Intel Corp posted better-than-expected first-quarter results and gave an outlook that topped Wall Street forecasts.
Stocks futures rose on Wednesday, pointing to a higher start for Wall Street after the world's top chipmaker Intel Corp posted better-than-expected first-quarter results and gave an outlook that topped Wall Street forecasts.
Good morning dear traders, do you also feel the spring fever at the moment. I think everybody is feeling this way with this weather. But even the financial markets are susceptible to that. At least this seems to
me when I watch the EUR/USD chart. Did the crosspair run out of steam?
The aircraft leasing unit of bailed-out insurer American International Group has agreed to sell 53 passenger jets to Australia's Macquarie Group to raise a much-needed $2 billion in cash.
Asian stocks rode the rally in the technology sector triggered by bellwether Intel Corp's street-beating earnings and regional currencies rose after Singapore's aggressive monetary tightening triggered speculation it heralded a yuan revaluation.
The technology sector propelled Asian stocks on Wednesday after bellwether Intel Corp's street-beating earnings while Singapore's aggressive monetary tightening lifted regional currencies on speculation it heralded a yuan revaluation.
The technology sector propelled Asian stocks on Wednesday after bellwether Intel Corp's street-beating earnings while Singapore's aggressive monetary tightening lifted regional currencies on speculation it heralded a yuan revaluation.
Technology companies drove up stocks in Japan, South Korea and Taiwan on Wednesday after bellwether Intel Corp's street-beating earnings while aggressive monetary tightening in Singapore lifted regional currencies on speculation it heralded a yuan revaluation.
Morgan Stanley has told investors that its $8.8 billion real-estate fund may lose nearly two-thirds of its money due to bad investments, according to The Wall Street Journal, which reviewed fund documents.
The following article is the first of three examining the recent unrest in Kyrgyzstan and its implications. Part 2 tomorrow will deal with the regional fallout from the Tulip Revolution V2.0 and Part 3 will examine in detail Washington's highest priority in Kyrgyzstan - its ongoing access to the Manas Transit Center airbase. The extraordinary events of last week in Kyrgyzstan, which saw the overthrow of President Kurmanbek Bakiyev's administration by a popular uprising and its replacement by a...
U.S. Federal Reserve officials said on Tuesday the economy is operating well below full capacity and full recovery is a way off, in comments suggesting no urgency to begin tightening financial conditions.
Japan's Shinsei Bank , one-third owned by buyout firm JC Flowers, is likely to post a net loss of about 100 billion yen ($1.1 billion) for the year ended in March and its president plans to resign, sources familiar with the matter said on Wednesday.
Federal Reserve Chairman Ben Bernanke said on Tuesday that it was more important than ever for people to become financially knowledgeable so they can make sound decisions after the losses of recent years.
The White House said yes we can on financial regulatory reform on Tuesday, while the top Republican in the U.S. Senate said no we won't.
Microblogging service Twitter introduced a new advertising program on Tuesday, in a first step to prove that its popularity among web users can translate into a self-sustaining business.
Baird Private Wealth Management on Tuesday said it hired veteran Smith Barney broker David Perez in Portland, Oregon, the first step in the firm's expansion in the Pacific Northwest region.
Jeans maker Levi Strauss & Co said on Tuesday that quarterly net profit rose 17 percent on higher revenue from currency gains and improved consumer spending.
SAN FRANCISCO - Microblogging service Twitter introduced a new advertising program on Tuesday, in a first step to prove that its popularity among web users can translate into a self-sustaining business.
Palm Inc, may be scooped up by an Asian company with enough cash and manufacturing muscle to turn around the struggling smartphone maker, but analysts warn a deal could prove too rich for any buyer at current prices.
(Corrects to show that revenue rose 15 percent in Europe, not fell in paragraph 7)
A browser that bypasses censors has become the most popular way to access the Internet in Kazakhstan, a Central Asian state where sites critical of the government are often blocked, a Web statistics firm said.
U.S. Federal Reserve officials discussed raising for a second time the interest rate charged on emergency loans to banks, according to minutes from a mid-March meeting released on Tuesday.