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Updated: 18 hours 32 min ago
Stocks to Watch: Stocks in focus for Wednesday
Among the companies whose shares are expected to see active trade in Wednesday’s session are American Eagle, Men’s Wearhouse and Gymboree.
Categories: Investment News
Latin American Markets: Mining, home builders fuel stock gains in Brazil
Brazilian stocks rise, with CSN higher as the company reportedly says its moving closer to launching an IPO for a key iron-ore mine.
Categories: Investment News
Economic Report: Japan core machinery orders decline in January
Japan's closely watched core machinery orders decline in January at a rate that matches analysts’ expectations, while the country’s wholesale prices rise slightly in February.
Categories: Investment News
Former Sun CEO says Apple's Jobs threatened to sue
The former chief executive of Sun Microsystems writes on his personal blog that Apple CEO Steve Jobs once threatened to sue the company in 2003.
Categories: Investment News
AIG's ILFC unit selling new term loans
American International Group’s big aircraft-leasing unit took a small first step toward funding itself independently.
Categories: Investment News
Boeing's sole-bidder status could be costly
The decision by Northrop to walk away from a contract to build U.S. aerial-refueling tankers and leaving Boeing as the sole bidder is a blow to foreign partnerships and will cost taxpayers in the long run, observers say.
Categories: Investment News
Yahoo may continue to lose its edge, analyst says
Yahoo Inc.’s “competitive position is weakening,” according to research published Monday by Morningstar analyst Larry Witt.
Categories: Investment News
Personal Finance Daily: A few more signs of life in the job market
For the some 15 million Americans officially classified as unemployed right now, this is not much consolation, but the job market does seem to be inching toward a slightly better place.
Categories: Investment News
Shares of government-backed companies jump
Shares of companies that count the U.S. government as a major investor rally. Citi stock soars over speculation that the U.S. may sell its stake in the bank sooner than expected.
Categories: Investment News
Dodd: Negotiations improving on bank reform bill
As they work on sweeping bank reform legislation, senators are close to reaching a deal on the creation of a controversial consumer financial protection unit while also resuming talks over how much power the Federal Reserve should have over banks.
Categories: Investment News
After Hours: Facet, InterMune shares light up in late trades
Shares of InterMune Inc. and Facet Biotech soar more than 60% as InterMune receives a nod from a drug-regulatory panel while Facet takes a buyout agreement.
Categories: Investment News
Your Money with Chuck Jaffe: Market's easy pickings are gone, analyst says
David Trainer, president of New Constructs Inc., a Nashville-based stock research firm, says that the days of easy money from momentum stocks or hot sectors are over for now. Instead, astute buying and being able to sort out an industry’s prospects will separate the winners from the losers.
Categories: Investment News
Futures Movers: Crude-oil futures lower; API reports stock surge
Crude-oil futures close with a modest loss, weighed by a stronger U.S. dollar, but coming off intraday lows as sentiment improves about the global supply-demand balance.
Categories: Investment News
Industry leaders doubt health cost controls
Health insurance reform legislation being pushed by President Barack Obama doesn’t do enough to control the rising cost of health care, industry participants say, as Obama prepares to hit the road again this week in a bid to sell his nearly $1 trillion overhaul.
Categories: Investment News
Best and worst stocks since market hit bottom
The U.S. stock market has gained 69% since the 17-month bear market hit its bottom one year ago, making winners out of a group of onetime basement-dwelling stocks and losers out of others.
Categories: Investment News
MarketWatch First Take: Economic worries loom for investors
If Wall Street climbs the proverbial “wall of worry,” investors are digging in for a stronger toehold.
Categories: Investment News
FundWatch: Mutual fund investors still wary of stocks
New money coming to stock mutual funds has been negligible even as returns have been among the best on record. An influx into stocks in the coming months would suggest investors once again have waited too long.
Categories: Investment News
Running, apparel in Foot Locker's future
Foot Locker Chief Executive Ken Hicks is beefing up the shoe retailer's running business and selling more apparel in an attempt to grow revenue.
Categories: Investment News
NewsWatch: U.S. stock end up, with financials in spotlight
U.S. stocks end with a slight gain Tuesday after being whipsawed by bets in the financial sector and a rally in telecommunications, which benefited from Cisco Systems Inc.'s unveiling of a new router.
Categories: Investment News
Energy Stocks: Natural gas shares up in choppy energy stock trade
Energy stocks retreated as crude oil prices fell and Chevron moved to cut 2,000 jobs in its downstream operations.
Categories: Investment News