Warren Buffett“A public opinion poll is no substitute for thought.”
Adlin Sinclair“Success is a welcomed gift for the uninhibited mind.”
Wall Street futures flat; economic data awaited (Reuters) »
, the
and the Nasdaq 100 were little changed at 0950 GMT.
At 1245 GMT, ICSC/
versus the prior week. In the previous week, sales were up 2.3 percent.
of department and chain store sales for February versus January. In the prior period, sales rose 1.6 percent.
U.S. automakers release February sales. Economists in a [...]
FDIC’s Bair blasts Wall Street’s values on pay »
An outspoken U.S. bank regulator on Tuesday rebuked Wall Street firms for only paring huge bonuses after a public outcry, saying she wished they had a better “propriety compass.”
Sheila Bair, chairman of the Federal Deposit Insurance Corp, said executives and traders at big financial firms need to get a better sense of values and [...]
Greek drama plays out on Wall Street »
U.S. stocks could struggle to make headway this week if a meeting of European finance ministers fails to reassure markets that they can contain Greece’s debt problems.
Greece’s financing problems have focused investors’ attention on the growing mountain of public debt as cash-strapped governments around the world spend their way out of recession. The fear [...]
Wall Street cuts losses, ends up with techs, materials »
Wall Street cuts losses, ends up with techs, materials
Stocks erased a midday drop to end slightly higher on Friday, closing out a volatile week punctuated by mixed signals from the labor market data and growing anxiety over fiscal problems in Europe.
Major indexes turned positive heading into the close, as investors scooped up shares [...]
Exxon quarterly profit tops Street, stock up 3 percent »
Exxon quarterly profit tops Street, stock up 3 percent
HOUSTON (Reuters) – Exxon Mobil Corp reported a fourth-quarter profit on Monday that topped Wall Street expectations as natural gas projects boosted results at the largest U.S. oil company’s exploration arm.
Still, Exxon’s net income fell 23 percent as weak demand for fuel in the global [...]
ExxonMobil profit fuels early Wall Street gains (AFP) »
.
rose 92.95 points (0.92 percent) to 10,160.28 at 1538 GMT, as stocks bounced back from a rocky week and losses for the month of January.
advanced 15.29 points (0.71 percent) to 2,162.64 while the Standard & Poor's 500 index added 12.10 points (1.13 percent) to 1,085.97.
The first trading in February kicked off on [...]
Apple’s Mac sales shine, iPhone lags Street view »
Apple’s Mac sales shine, iPhone lags Street view
SAN FRANCISCO (Reuters) – Apple Inc posted better-than-forecast Mac sales and strong growth in Asia and Europe, but iPhone shipments came in just below Wall Street’s somewhat heightened expectations.
The stock edged 1 percent higher in after-hours trading, building on a 2.7 percent rise on Nasdaq during [...]
Asia stocks extend losses after Wall Street tumble (AP) »
.
dropped less than 1 percent as the region posted its fourth day of losses, while European shares fell about 1 percent in early trade.
fell near $74 a barrel and the dollar was mixed against the yen and euro.
Investors continued to cut back their bets on stocks after U.S. markets tumbled Friday to [...]
Bank curbs, political fallout slam Wall Street (Reuters) »
NEW YORK (Reuters) –
Stocks capped their worst three-day slide in 10 months on Friday on fears the White House's plan to curb bank risk-taking would cut profits, and tech shares slumped after
's disappointing results.
for another term as the Federal Reserve's chairman also rattled investors in a week when political squabbles helped erase stocks' [...]
Bank curbs, political fallout slam Wall Street »
Bank curbs, political fallout slam Wall Street
NEW YORK (Reuters) – Stocks capped their worst three-day slide in 10 months on Friday on fears the White House’s plan to curb bank risk-taking would cut profits, and tech shares slumped after Google Inc’s disappointing results.
Uncertainty about the Senate’s confirmation of Ben Bernanke for another term [...]