IBT Staff Reporter

91981-92010 (out of 154948)

Bank sector funds seek gains after reform

JPMorgan Chase & Co, an underperformer so far this year, is one of several big banks whose shares could be poised for a revival now that U.S. financial regulatory reform is all but completed.

Yum's profit beats, shares fall on outlook

Yum Brands Inc , parent of the KFC, Taco Bell and Pizza Hut chains, reported better-than-expected profit on Tuesday but shares fell 3.6 percent after its new 2010 earnings target missed analysts' view.

Intel sales forecast tops estimates

Intel Corp delivered a better-than-expected sales forecast and results on strong corporate demand for personal computers and servers, despite concerns over a tech industry slowdown.

Intel options traders cautious

Many option traders appear to be taking a neutral to cautious stance on Intel Corp heading into the technology bellwether's second-quarter results after the closing bell on Tuesday.

Wall Street rallies on profits

Stocks rallied for a sixth straight day on Tuesday after Alcoa's quarterly results heartened investors that had fled to the sidelines on jitters about the sustainability of the economic recovery.

Fed says credit somewhat looser in last 3 months

Hedge funds and private equity firms had an easier time raising capital in the last three months, but the market for asset-backed securities remains crippled, according to a new Federal Reserve survey.

Wall Street bill appears to have votes to pass

Senate Democrats on Tuesday appeared to nail down the votes needed to approve a historic overhaul of U.S. financial regulations and moved to set up a final vote on it by the end of the week.

Fairholme takes MBIA stake, ups AIG holding

Shares of bond insurer MBIA Inc and bailed-out insurer American International Group Inc soared on Tuesday after Bruce Berkowitz's Fairholme Capital Management disclosed new stakes in the companies.

New AIDS policy shoots for better coordination

A new domestic AIDS policy rolled out by the White House on Tuesday looks for new ways to educate Americans about the deadly and incurable virus, cut new infections by 25 percent and get more patients treated quickly.

Apple shares slide as iPhone 4 concerns grow

Shares of Apple Inc slid more than 4 percent on Tuesday after a poor review for its iPhone 4 from an influential consumer guide underpinned mounting complaints about the hot-selling device's reception and spurred speculation about a product recall.

Bankruptcy claims trading falls in June

The trading of claims in bankruptcy cases fell to $2.1 billion in June, down for the second straight month, as several large companies prepared to exit Chapter 11, according to data released on Tuesday.

Rosengren says Fed could buy more assets: report

The Federal Reserve would be able to lower borrowing costs further if the economy weakens considerably by reinvesting maturing mortgage debt it owns or boosting asset purchases, Boston Fed President Eric Rosengren said.

Social media and the job hunt

The use of social media applications is becoming a popular tool for both employers and job seekers, especially those fresh out of college, to gather critical information and accumulate valuable contacts.

Wall St bill appears to have votes to pass

Senate Democrats on Tuesday appeared to nail down the votes needed to approve a historic overhaul of U.S. financial regulations and moved to set up a final vote on it by the end of the week.

EU ministers back closer budget surveillance

European Union finance ministers agreed on Tuesday to increase monitoring of member states' economies from January as part of efforts to tighten budget discipline and prevent new economic crises.

Apple shares slide after critical iPhone 4 review

Shares of Apple Inc slid more than 3 percent on Tuesday after a poor review for its iPhone 4 from an influential consumer guide underpinned mounting complaints about the hot-selling device's antenna and reception.

Wall Street gains on strong earnings

Stocks rallied on Tuesday, rising for a sixth consecutive session, after Alcoa Inc reported stronger-than-expected profit and raised its estimate for global aluminum demand.

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