Ford Profit Beats Street; Focus Now on Dividend
Ford Motor Co. posted lower third-quarter earnings after misjudging the threat of higher commodity costs and writing down the value of hedge positions.
Sprint Loss Narrows, but iPhone Sales to Hurt
Sprint Nextel posted a smaller-than-expected quarterly loss but its full year forecast showed the costs of selling Apple Inc.'s iPhone could hurt the results for the rest of the year.
Wall Street Down on Europe Fears, Corporate Outlook
Stocks fell on Tuesday after discouraging corporate outlooks cast a pall over the economy's outlook, while fresh doubts arose about European efforts to find a solution to the debt crisis.
Regulator Throws Lifeline to Underwater Borrowers
U.S. homeowners who owe more than their properties are worth got new help on Monday when a U.S. regulator expanded a government program in a step that could help up to one million borrowers.
Wall Street Higher After Caterpillar Earnings and M&A
Stocks rose on Monday adding to three weeks of gains for the S&P after strong earnings from Caterpillar and a number of proposed acquisitions boosted investor appetite for risky assets.
Obama to Unveil Housing Plan on Campaign Swing
President Barack Obama will unveil new measures to help struggling homeowners on Monday in the first leg of a campaign-style swing through western states that may be crucial to his re-election in 2012.
News Corp. Investors Berate Murdoch at Meeting
News Corp. Chief Executive Rupert Murdoch showed defiance in the face of angry shareholders at its annual meeting on Friday as they slammed the media company for poor corporate governance and said he should give up the chairman role.
Wall Street Opens Higher Ahead of Euro Summit
Stock indexes rose at the open on Friday ahead of a European Union debt-crisis summit on the weekend that could go some way in removing one of the biggest overhangs for markets and allow investors to focus on corporate results.
Protest Against Greek Austerity Vote Turns Violent
Clashes between rival groups of protesters broke out in front of the Greek parliament on Thursday, interrupting a rally by tens of thousands against a tough new package of austerity measures due to be approved later in the evening.
Reuters Timeline: Libya's Civil War Nears End
Timeline: Libya's civil war nears end
Citi to pay $285 Million to Settle CDO Case: SEC
Citigroup Inc will pay $285 million to settle charges that its U.S. broker-dealer unit misled investors about a $1 billion mortgage bond deal, the U.S. Securities and Exchange Commission said on Wednesday.
September Retail Sales Rise on Car Sales
Retail sales rebounded in September at their fastest pace in seven months as consumers shook off some of their concerns about stock market drops and political gridlock, potentially giving new momentum to the weak economic recovery.
Hiring Seen as Dismally Weak in September
Employment likely grew only modestly in September, with hiring too weak to pull down a lofty jobless rate and dispel recession fears.
Wall Street Mixed on Weak Housing Data, Europe Woes
Stocks were mixed in volatile trading on Monday as Eurozone officials played down reports of plans to slash Greece's debts and recapitalize European banks to cope with the fallout and after a decline in U.S. home sales.
European shares fall again as G20 talk seen hollow
European shares fell on Friday after a fresh pledge of support from leading global economies to shore up the financial sector failed to placate markets, leaving them on course for a fifth straight month of losses.