The U.S. Nuclear Regulatory Commission renewed the operating license for Exelon Corp's (EXC.N: Quote, Profile, Research, Stock Buzz) Oyster Creek Nuclear Generating Station, the nation's oldest operating nuclear power reactor, the agency said in a statement.
Stock index futures pointed to a lower open on Wednesday Dow component Alcoa kicked off the earnings season with its second consecutive quarterly loss and reignited concern about the global economy.
Bed Bath & Beyond Inc reported a quarterly profit on Tuesday that easily topped Wall Street estimates, as sales were not as bad as feared, helping to send shares of the home furnishings retailer up 13.7 percent in after-hours trading.
Bed Bath & Beyond Inc reported a better-than-expected quarterly profit on Tuesday on a slight decrease in quarterly sales, and shares of the home furnishings retailer rose 10.9 percent in after hours trading.
Stock futures pointed to a lower open on Tuesday on fresh worries over the amount of toxic assets on bank balance sheets and investors braced for what is expected to be another dismal earnings season.
Stocks futures pointed to a lower open on Monday, as bank shares fell after an analyst initiated coverage on several large banks with an underperform or sell rating, sapping recent investor optimism on the financial sector.
Representatives from at least 15 U.S. states discussed with a federal regulator the possibility of using their pension funds to buy troubled loans and securities, or toxic assets, the Bergen County Record in New Jersey reported.
U.S. stocks should rally further this week, if investors get more signs that the economic slump is abating and earnings season does not get off to a rocky start.
U.S. stocks should rally further this week, if investors get more signs that the economic slump is abating and earnings season does not get off to a rocky start.
The U.S. unemployment rate soared to 8.5 percent last month, a 25-year high, as employers slashed jobs and cut workers' hours to the lowest level on record, the government said on Friday.
Ritz Camera Centers Inc has announced that it will close over 300 stores or 40% of its total stores in a court-supervised bankruptcy reorganization.
The U.S. unemployment rate soared to 8.5 percent last month, a fresh 25-year high, as employers slashed 663,000 jobs and cut workers' hours to the lowest level on record, the government said on Friday.
The Dow industrials declined on Friday, as bleak jobs data and a sharper contraction in the services sector overshadowed reassuring results from BlackBerry maker Research in Motion .
Stock futures added to gains on Friday after data showed employers continued to slash jobs, pushing the unemployment rate to 8.5 percent, although the numbers were not as dire as some in the market had feared.
The number of people filing new jobless claims jumped to more than 26 years high last week, as President met in London with G20 leaders to tackle the global economic crisis.
The Oyster Creek nuclear reactor in New Jersey owned by Exelon Corp. was allowed to operate for another 20 years yesterday.
Stock futures pointed to a higher open on Thursday on optimism the G20 meeting underway in London will agree on ways to temper the economic crisis.
The U.S. recession may be easing, but the economy has not hit bottom yet and mounting unemployment looks likely to keep demand sluggish for a while. While the economy still appears on a downward path, the slope is not as steep as many had feared.
Goldman Sachs Group Inc last year paid a combined $58 million to Co-President Jon Winkelried and General Counsel Gregory Palm, buying out two top executives suffering from a severe cash crunch.
President Barack Obama said on Sunday he told the chiefs of the biggest U.S. banks that bonuses are not acceptable while many Americans struggle to meet basic expenses in the midst of a severe recession.
Optimism that the latest U.S. tarnished asset cleanup plan will refloat foundering banks may soon fade, triggering a renewed surge of risk aversion and selling of both financial firms' and industrial companies' corporate bonds, analysts said.
Wall Street was set for a lower open on Friday as investors assessed the strength of a recent surge that has March on track to see the biggest monthly percentage gain since 1974.