Wall Street Flat as Eurozone Debt Fears Persist
Stocks were little changed on Thursday as concerns over rising yields on Eurozone debt kept optimism over another round of improved U.S. economic data in check.
Wall Street flat as euro zone debt fears persist
Stocks were little changed on Thursday as concerns over rising yields on euro zone debt kept optimism over another round of improved U.S. economic data in check.
Perry Ellis Q3 profit misses Street view
Perry Ellis International Inc posted a quarterly profit that missed Wall Street expectations, as the apparel maker was hurt by increased promotions that led to higher discounts.
October housing starts fall on multi-family drag
U.S. housing starts fell less than expected in October as a drop in groundbreaking for multi-family units narrowly outweighed more new construction of single family homes.
Jobless claims fall to 7-month low
New U.S. claims for unemployment benefits dropped to a seven-month low last week, a government report showed on Thursday, suggesting the labor market was gaining some traction.
Gold miners eye explorers on Canada's Yukon trail
As winter draws in across Canada's northern Yukon territory, big mining companies are prospecting for bargains among the army of junior explorers staking claims in what's shaping up as the region's second big gold rush.
Obama to announce Asian export deals for Boeing, GE
As he wraps up his Asia-Pacific tour, President Barack Obama will showcase a $21.7 billion deal Boeing has struck with Indonesia's largest domestic airline, Lion Air, the White House said.
Canadian dollar slips for 4th day as Spanish yields jump
The Canadian dollar eased for a fourth straight day against the Canadian dollar on Thursday as surging yields at a Spanish bond auction stoked fears about contagion of the euro zone's debt problems.
Analysis: As rich world sputters, Brazil looks to Africa
Brazil is launching a top-level drive to expand its economic ties with Africa, a sign of how crises in the rich world are pushing faster-growing emerging economies to trade and invest among themselves.
TSX falls as euro zone fears hit miners, banks
Toronto's main stock market index closed lower on Wednesday as a new wave of fears about Europe's debt crisis hurt miners and banking shares, offsetting gains in the oil and gas sector.
Wall Street drops as euro zone debt worries persist
Stocks fell on Thursday as concerns over rising yields on euro zone debt outweighed another round of improved U.S. economic data.
UBS poised to slash risk and pare profit targets
Sergio Ermotti, the suave new boss of UBS AG , could signal the Swiss bank's return to dividend payments later on Thursday as part of plans to slash risky investment banking and re-focus on the core business of managing the assets of the world's wealthy.
More Americans to shop on Black Friday: survey
Americans plan this year to go shopping in greater numbers on Black Friday, the biggest shopping day of the year and unofficial kick-off the holiday spending season.
Occupy Wall Street Marks 2-Month Anniversary with Protests Outside Stock Exchange [PHOTOS]
Two days after the New York Police Department tore down the Occupy Wall Street encampment in Zuccotti Park, protesters marked the two-month anniversary of their movement by taking to the streets around the New York Stock Exchange in Lower Manhattan.
Wall Street Set for Flat Open, Data Offsets Eurozone
Stock index futures were set to open little changed on Thursday as investors balanced another round of improved U.S. economic data with concerns over rising yields on Eurozone debt.
Spanish, French borrowing costs raise contagion alarm
Spain and France faced sharply higher borrowing costs on Thursday, struggling with bond auctions that highlighted the threat of larger euro zone economies succumbing to the debt crisis that began in Greece and is now threatening Italy.
Wall Street set for flat open, data offsets euro zone
Stock index futures were set to open little changed on Thursday as investors balanced another round of improved U.S. economic data with concerns over rising yields on euro zone debt.
Indian minister says no Kingfisher bailout
India's civil aviation minister ruled out a public bailout for India's Kingfisher Airlines or any other airline, urging private airlines in India to put their own house in order.
Oil sands opponents treacherous: Canadian environment minister
In a sign of the strain the Canadian government is feeling over development of the tar sands, Environment Minister Peter Kent said on Wednesday that opposition legislators who campaigned in Washington against the idea were treacherous.
Sears loss widens as sales fall
Sears Holdings Corp's quarterly loss almost doubled as weak demand for gadgets and a reputation for run-down locations hurt sales at the operator of Sears department stores and the Kmart discount chain.
Wall Street Protesters March on New York Stock Exchange
About 500 Occupy Wall Street protesters marched from a New York park on Thursday to the stock exchange for a protest that the movement against economic inequality hoped would attract tens of thousands of people.
Ex-U.S. admiral raises cash for cyber security firm
Retired U.S. Admiral William Fallon has spent the past year working to turn around a high-tech start-up that sells software that helps government agencies and businesses fight sophisticated cyber attacks.
Spanish bond yield worries send futures lower
Stock index futures fell on Thursday after a late selloff in the prior session as investors kept a close eye on rising yields of euro zone debt.
Wall St protesters march on New York Stock Exchange
About 500 Occupy Wall Street protesters marched from a New York park on Thursday to the stock exchange for a protest that the movement against economic inequality hoped would attract tens of thousands of people.
Futures drop on Spanish bond yield worries
Stock index futures fell on Thursday after a late selloff in the prior session as investors kept a close eye on rising yields of euro zone debt.
UK sells bailed out bank Northern Rock to Virgin
The British government has agreed to sell Northern Rock, the failed mortgage lender it nationalized in 2008, to Virgin Money, the banking arm of Richard Branson's Virgin empire.
UK sells Northern Rock to Virgin Money
The British government has agreed to sell Northern Rock, the failed mortgage lender it nationalized in 2008, to Virgin Money, the banking arm of Richard Branson's Virgin empire.
U.S. Stock Futures Signal Pause After Selloff
Stock index futures pointed to a steady-to-lower open on Wall Street on Thursday, with futures for the S&P 500 flat, Dow Jones futures down 0.04 percent and Nasdaq 100 futures down 0.15 percent at 1055 GMT.
Spanish, French Bond Costs Climb, Raising Contagion Fear
Spain and France struggled with government bond auctions on Thursday, throwing into sharp relief the threat of larger euro zone economies succumbing to the debt crisis that began in Greece and is already lapping at Italy's shores.
Higher food prices help Ahold top Q3 forecasts
Dutch grocer Ahold beat forecasts with a 5 percent rise in third-quarter profit as it gained market share and managed to pass on higher food costs to cash-strapped shoppers in its main U.S. business.