The top after-market NYSE gainers Wednesday were Skechers USA, CoreLogic, Owens-Illinois, Ryland Group and Telefonica Brasil. The top after-market NYSE losers were Fusion-IO, Trinity Industries, Cliffs Natural Resources, Best Buy Co and Teradyne.
With Infosys Technologies Ltd, a major Indian software services firm, reporting this month a disappointing guidance for the future sales subsequent to the uncertainties in the global economy, industry experts are worried that India’s IT outsourcing industry is under stress of the weakening economic conditions around the world.
Asian markets rose Thursday as investor sentiment was lifted with the encouraging report on the rise of the new homes sales in the U.S., in an indication that the world’s largest economy is regaining the growth momentum.
Asian shares steadied Thursday, but investor sentiment remained vulnerable in the face of weak corporate earnings.
Rajat Gupta, a former Goldman Sachs director, will do hard time for insider trading.
Economic data has continued to improve relative to estimates since mid-September of this year
Despite all of the new products launched this year, iTunes 11 and the Mac Pro were particularly neglected at Apple's media event on Tuesday.
A statement following a two-day meeting of the U.S. central bank led to predictably boring results. That did not stop robot stock traders from going berserk at the announcement.
The Federal Reserve on Wednesday stuck to its plan to keep stimulating the U.S. economy until the job market improves and repeated its vow to keep rates near zero until mid-2015.
The U.S. government said Wednesday Bank of America's fraud and recklessness cost taxpayers $1 billion.
ADP has had a spotty track record of predicting the initial reading for nonfarm payrolls. Can ADP be spot on next time?
The troika that decides how and when to financially rescue Greece has apparently given it a two-year extension on fiscal reform.
AngloGold and Gold Fields are the latest companies to resort to mass firings after weeks of crippling labor unrest.
Greece may be getting another two years to bring its borrowing under control, according to newspaper reports from Europe.
While trouble at Zynga has been brewing for months, this is the second dot-com bust in recent weeks.
The No. 2 U.S. automaker, which lost $553,000,000 in the first half of this year, aims to close a plant in Genk, Belgium.
Facebook Inc, Power One, Gilead Sciences, SAP AG, Netflix Inc, Questcor Pharmaceuticals, Norfolk Southern Corp and Nokia Corp are among the companies whose shares are moving in pre-market trading Wednesday.
Two easily overlooked charts on the state of the Spanish housing market show the situation in the country is likely to get even worse.
For the past six years or so, weak home sales have depressed home appliance demand. But things are quietly changing now.
Most of the employees of Kingfisher Airlines have accepted the salary proposal by the management and agreed to resume work Oct.26, claims airline’s Chief Executive Officer Sanjay Aggarwal.
The U.S. stock index futures point to a slightly higher open Wednesday ahead of the Census Bureau's new home sales data and the Federal Open Market Committee statement.
European markets opened on a positive note Tuesday, recovering cautiously from a selloff in the previous session, on the expectation of encouraging data from the manufacturing sector in the euro zone.
The top after-market Nasdaq gainers Tuesday were Facebook Inc, RF Micro Devices Inc, PLX Technology Inc, Twin Disc Inc and Idenix Pharmaceuticals Inc. The top after-market Nasdaq losers were Netflix Inc, Robot Corporation, Buffalo Wild Wings and XOMA Corporation.
Most of the Asian markets declined Wednesday as sentiment deteriorated following the weak earnings reports and the downgrade on five of the Spanish regions by Moody’s.
China’s economy gave encouraging signs Wednesday morning as HSBC's flash Purchasing Managers' Index rose to 49.1 from September's final reading of 47.9.
Dow Chemical Co (DOW.N), the largest U.S. chemical firm, announced Tuesday it plans to cut 5 percent of its workforce and shutter 20 plants as part of a restructuring program amid a slowing global economy.
Asian shares faltered while the yen firmed Wednesday as investors stayed risk-averse, with continued weak corporate earnings worldwide and worries about economic slowdowns.
China is a big consumer of everything, and automobiles are no exception. However, China's limited monthly quota of license plates can leave many car owners broke.
Canada's largest bank is buying Ally Financial, which is raising money to pay back the U.S. government for its bailout.
