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Wed, 22 Feb 2012 21:45:52 GMT
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Reuters - Banks led stocks lower on Wednesday as the S&P 500 stalled near a 10-month-high after signs of weak European business activity rekindled concerns about a recession overseas.
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Wed, 22 Feb 2012 14:04:45 GMT
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Reuters - Fitch cut Greece's long-term ratings on Wednesday to its lowest rating above a default, becoming the first ratings agency to make the widely expected downgrade after the country announced a bond exchange plan to ease its massive debt burden. |
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Wed, 22 Feb 2012 21:27:00 GMT
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Reuters - Home resales rose to a 1-1/2-year high in January, pushing the supply of properties on the market to the lowest level in almost seven years in a hopeful sign for the housing sector.
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Thu, 23 Feb 2012 02:30:50 GMT
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Reuters - Hewlett-Packard Co's earnings fell nearly 44 percent and the world's No. 1 computer maker forecast a second-quarter profit below Wall Street estimates as it struggles with weak sales of PCs and printers. |
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Wed, 22 Feb 2012 21:47:38 GMT
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Reuters - U.S. central bank officials have good reason to be skeptical about the strength of the economy: excessive optimism has caught them flat-footed before. |
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Fri, 17 Feb 2012 15:13:27 GMT
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AP - Stock markets advanced Friday on hopes that Greece would soon get its crucial second bailout and following another batch of upbeat U.S. economic news.
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Wed, 22 Feb 2012 11:19:16 GMT
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AP - European budget cuts and debt burdens, at a glance |
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Thu, 23 Feb 2012 00:16:58 GMT
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AP - Hewlett-Packard Co. CEO Meg Whitman pleaded for patience Thursday as she described operational challenges and other internal problems that contributed to a decline in earnings at one of the world's largest technology companies.
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Wed, 22 Feb 2012 22:39:06 GMT
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Reuters - Group of 20 policymakers are hoping for a signal this weekend that Europe will boost crisis funding, smoothing the way for a deal to increase International Monetary Fund resources, the head of Mexico's central bank said on Wednesday. |
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Thu, 23 Feb 2012 00:26:40 GMT
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Reuters - Republican Mitt Romney revised his proposal for overhauling the U.S. tax code on Wednesday, calling for all individual tax rates to be cut by 20 percent while declining to offer specifics on how to make up the lost revenue from lower rates. |
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Wed, 22 Feb 2012 16:39:56 GMT
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AP - Greece scrambled Wednesday to push through a batch of emergency laws that will further cut incomes and state spending, a day after securing a new bailout and debt relief deal designed to stave off bankruptcy. |
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Tue, 21 Feb 2012 22:42:48 GMT
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AP - A strong holiday shopping season and hearty online sales pushed Macy's Inc.'s fourth quarter net income up 12 percent. That topped Wall Street's expectations, and the department store chain's stock hit a 52-week high.
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Wed, 22 Feb 2012 22:47:22 GMT
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AP - The ink wasn't even dry on a settlement with the nation's top mortgage lenders when Missouri Gov. Jay Nixon laid claim to a chunk of the money to avert a huge budget cut for public colleges and universities. |
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Thu, 23 Feb 2012 06:01:30 GMT
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Reuters - The U.N. nuclear watchdog's latest mission to Iran failed to budge a defiant Tehran over its disputed nuclear program, sending oil prices to a nine-month high over fears of an increasing risk of confrontation with the West.
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Thu, 23 Feb 2012 04:07:19 GMT
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AP - Twenty Republican presidential debates later, the head-scratching claims kept coming. |
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Thu, 23 Feb 2012 00:25:50 GMT
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AP - Ford Motor Co. will pump $3.8 billion into its global pension plans this year as it tries to get them closer to fully funding their obligations. |
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