By Rodrigo CamposNEW YORK (Reuters) - U.S. stocks fell broadly on Thursday as a stronger dollar weighed on commodity-linked shares and a guarded outlook from Wal-Mart Stores Inc WMT led to worries about consumer spending.The greenback's rise helped push oil futures, which are denominated in dollars, down by 3 percent...
By Rodrigo CamposNEW YORK (Reuters) - U.S. stocks fell on Thursday as a stronger dollar weighed on commodity-linked shares and a guarded outlook from Wal-Mart Stores Inc WMT led to worries about the strength of consumer spending.The market declined from 13-month highs hit on Wednesday and threatened to snap a...
By Angela MoonNEW YORK (Reuters) - The Dow and the S&P 500 indexes were flat to slightly lower on Thursday, threatening to snap a six-session rally for the Dow, after a Wal-Mart Stores Inc forecast sparked concerns about consumer spending.The Nasdaq gained, however, lifted by Intel Corp INTC and Advanced...
By Ritsuko Ando and Gabriel MadwayNEW YORK/SAN FRANCISCO (Reuters) - Hewlett-Packard Co HPQ is making a move into the telecom equipment market by striking a $3.1 billion deal for 3Com Corp COMS, in a major challenge to Cisco Systems Inc CSCO.The deal is the latest sign that technology giants from...
Question-and-Answer SessionOperator Operator Instructions. The first question comes from the line of Mark Moskowitz with J.P. Morgan. Mark Moskowitz – J.P. Morgan With respect to the guidance, Richard, could you give us a little more context around the wide range on revenues, how much of that is related...
Theflyonthewall.com is Wall Street's specialist in breaking equity news. Veteran traders build a proprietary feed of news that's faster and more relevant than any other source. Try us for free and discover for yourself.
Theflyonthewall.com is Wall Street's specialist in breaking equity news. Veteran traders build a proprietary feed of news that's faster and more relevant than any other source. Try us for free and discover for yourself.
Investors will look for further details about how Hewlett-Packard Co.'s business segments are faring when the technology firm releases its full quarterly financial report on Monday evening.
A surprising rebound in home sales lifted the markets higher during the midday with the Dow leaping 130 points to 10,448. Nasdaq climbed 29 points to 2175.
Weaker-than-expected results from Dell (DELL) pushed the tech sector lower Friday, which in turn sent the broad market skidding into the red. Disappointing results from builder D.R. Horton (DHI) also weighed on sentiment, adding to worries the real estate market will continue to hamper a recovery in the U.S. economy.[More...]
Stocks moved in mixed fashion Thursday but ultimately end lower, snapping a six-day streak of gains for the Dow Jones Industrial Average. The averages all end down around 1%.[More...]
BloggingStocks: Jobless claims almost went under 500,000 and gave one of the lowest readings this year. Unfortunately that wasn't enough for the market because these likely need to get under 400,000 or so before unemployment will stop rising. Oil inventories took ... Read more
Stock futures remain lower though did modestly trim their losses, and the dollar trimmed its modest gains, after a report showed a decline of 12,000 weekly jobless benefits claims. The number of unemployed Americans who continue to collect benefits fell 139,000 to 5.63 million. That's the lowest since March.[More...]
Get daily news and insights for the advertising, automotive, energy, financial services, food, health care, media, pharmaceutical, retail, technology, and travel industries.
