Stock index futures added to losses on Wednesday after the chief executive of Wal-Mart Stores Inc said he still sees stress in the economy and no quick end to the recession.
Stock index futures pointed to a slightly higher open on Wednesday ahead of the release of U.S. CPI data but disappointing quarterly reports from UBS and Intel Corp weighed on the market.
Fiat SpA's chief executive, facing a two-week deadline to work out a partnership with Chrysler LLC, warned the troubled U.S. carmaker's unions he would ditch the idea unless they agreed to cut labor costs.
Stock index futures pointed to a mixed open on Wall Street as investors remained cautious ahead of the release of U.S. CPI and housing data.
Stock index futures pointed to a mixed open on Wall Street as investors remained cautious ahead of the release of U.S. CPI and housing data.
Stock index futures pointed to a mixed open on Wall Street as investors remained cautious ahead of the release of U.S. CPI and housing data.
Fiat SpA's chief executive, facing a two-week deadline to work out a partnership with Chrysler LLC, warned the troubled U.S. carmaker's unions he would ditch the idea unless they agreed to cut labor costs.
World stocks fell on Wednesday, stepping back from the previous session's three-month high, and the low-yielding yen firmed as news of job cuts at Swiss bank UBS and weak U.S. and Chinese data fanned economic concerns. UBS warned of a first-quarter loss of nearly 2 billion Swiss francs and said it would cut a further 8,700 jobs, weighing on other banking shares.
Fiat's chief executive said he was ready to abandon plans to form a partnership with Chrysler LLC if the U.S. car maker's unions refused to accept substantial cost cuts, according to a newspaper.
Asian stocks pulled back from six-month highs on Wednesday but held up after the drop on Wall Street overnight, with hopes for more Chinese stimulus spending helping offset reports of weak first-quarter growth.
News Corp said on Tuesday that it has formed a new unit to share journalism across all its properties, including The Wall Street Journal, the New York Post, Fox News and The Times of London.
Goldman Sachs Group Inc sold $5 billion of stock to help fulfill what it called its duty to repay a federal bailout, but the government worries a quick return of funds could pressure other banks to repay their aid prematurely.
Stocks fell on Tuesday as a surprising drop in retail sales dented hopes the recession was abating and financial shares slid on fears that Goldman Sachs' share offering could prompt others to follow suit.
Stocks fell on Tuesday as a surprising drop in retail sales dented hopes the recession was abating and financial shares slid on fears that Goldman Sachs' share offering could prompt others to follow suit.
Stocks fell on Tuesday as a surprising drop in retail sales dented hopes that the recession was abating and financial shares slid on fears that a stock offering by Goldman Sachs could prompt others to follow suit.
Research analysts are often criticized for overly promoting companies they follow despite obvious risks, but they missed the boat with an uncharacteristically conservative stance on Dendreon Corp.
Chrysler LLC's first-lien lenders are preparing a counter-offer for the U.S. Treasury that might include equity in a Chrysler-Fiat alliance and some cash in exchange for abandoning their claim to some $7 billion in debt, sources with knowledge of the matter said.
The former CEO of Qwest International Inc , convicted of insider trading, lost his bid to further delay his prison sentence on Tuesday after the U.S. Supreme Court rejected his appeal.
Stocks tumbled on Tuesday as an unexpected drop in March retail sales suggested that the economic slump was far from abating and as Goldman Sachs slid sharply after a stock offering.
Stocks extended losses on Tuesday as worries about consumer spending were stoked by an unexpected drop in retail sales and investors sold off financial shares.
Discover Financial Services , the fourth-largest U.S. credit card network, will cut 500 jobs, or 4 percent of its workforce, in May, hurt by mounting credit losses, the company said on Tuesday.
Goldman Sachs Group Inc sold $5 billion of stock to help fulfill what it called its duty to repay a federal bailout, but the government fears a quick return of the funds would put other banks in a bad light.
Stocks fell on Tuesday after an unexpected drop in retail sales dampened recent optimism over the state of the U.S. economy.
General Motors stock fell sharply in Frankfurt on Tuesday on renewed bankruptcy fears, weighing on autos stocks across the region, as peer Chrysler pinned its hopes on a tie-up with Fiat .
Stocks opened lower on Tuesday after data showed retail sales and producer prices came in worse than expected in March, offsetting earnings from Johnson & Johnson.
Stock index futures pointed to a lower open after data showed retail sales and producer prices came in worse than expected in March, offsetting earnings from Johnson & Johnson and Goldman Sachs.
Stock index futures pointed to a flat to higher open on Tuesday as strong earnings from Goldman Sachs lifted bank shares and, Johnson & Johnson results were slightly above forecast, while investors awaited U.S. retail sales for March.
Stock index futures pointed to a flat open on Tuesday as strong earnings from Goldman Sachs lifted bank shares and investors awaited the latest news on the consumer from Johnson & Johnson results and U.S. retail sales for March.
S&P 500 stock index futures were slightly lower on Tuesday as investors digested Goldman Sachs's plan to issue equity after strong earnings, and prepared for Johnson & Johnson results and economic data.
Futures for the S&P 500 and the Nasdaq 100 were up 0.05 percent and 0.2 percent, respectively, at 5:47 a.m. EDT, while futures for the Dow Jones industrial average were down 0.2 percent.
