The number of subprime loans for automobiles has increased this year as lending standards have loosened, boosting automakers' revenues but also creating fears of another financial bubble.
U.S. consumer spending will grow at a meager rate of 1.5 percent to 2 percent by the end of this year, Sterne Agee, a U.S. brokerage and investment firm said on Friday in a report.
Two months after the trading fiasco in the initial public offering of Facebook (Nasdaq: FB), the No. 1 social networking site, tech IPOs are soaring again. Palo Alto Networks (Nasdaq: PANW) and Kayak Software (Nasdaq: KYAK) shares soared in their IPOs.
Investors seem to be disregarding the parade better-than-expected profit figures from major financial institutions this earnings season, instead using top-of-the-line revenue and return on equity numbers to guide their investment decisions.
The latest shootout will likely spur another national debate on gun laws, but according to Gallup, public opinion is pretty much on the side of liberal gun ownership laws -- and that doesn't mean liberal in the political, tree-hugging sense of the word.
The editor of Outlook denied that his publication’s cover story was a response to Time’s broadside against Singh.
With a manager dead, 90 employees in jail and an entire factory's workforce under investigation for murder, Maruti Suzuki faces a shutdown at a major auto plant that could last several weeks or more and cost it $15 million a day.
The global slowdown may trim net income for Xerox Corp. (NYSE: XRX), the No. 1 provider of business printers and services. CEO Ursula Burns shaved her full-year forecast to a range between $1.07 and $1.12 a share from the previous $1.18.
General Electric Company (NYSE: GE), the largest U.S. conglomerate, said Friday its second-quarter continuing earnings rose 7 percent as strong U.S. demand for energy related equipment offset falling European demand and the effect of a strong dollar.
Ocean Power Technologies, Google, Diageo plc, Microsoft Corp, salesforce.com, Chipotle Mexican Grill, Amyris, Vodafone Group Plc and ARM Holdings plc are among the companies whose shares are moving in pre-market trading Friday.
The golden age of being a banker is so far in the past. After a brutal year of massive layoffs in the global financial industry last year, the axe is starting to fall again.
The relationship between Microsoft's Turn 10 studios and Meguiar's car care has proven to be a beneficial symbiosis for seemingly strange bedfellows in radically different industries.
Your burger won't get cheaper any time soon, and it's not just because of the current Midwest drought. (You'll feel that next year.)
Chances are second-quarter results from Xerox Corp., the No. 1 copier maker that’s moved increasingly into services, will be a disappointment, keeping in line with the general technology sector.
Asian stock markets mostly lowered Friday as weak economic data from the U.S. and concerns over the euro zone debt crisis weighed on the sentiment.
U.S. stock index futures point to a mixed opening Friday as investor sentiment remained fragile following concerns about the worsening debt crisis situation in the euro zone to hurt global economic growth.
Microsoft Thursday announced its financial results for the fiscal quarter ending June 30, 2012, and for the first time since it went public in 1986, the company posted a net loss of $492 million despite posting record revenue of $18.06 billion.
Most European markets fell Friday amid the revival of investor concerns about the global economy affected by the debt crisis in the euro zone.
The top after-market NYSE gainers Thursday were Gramercy Capital, SunCoke Energy, Calix, Swift Transportation and MGIC Investment. The top after-market NYSE losers were Chipotle Mexican Grill, Freescale Semiconductor, Pep Boys-Manny, Advanced Micro Devices and WESCO International.
President Barack Obama's weekend statement on Indian economic slowdown and recent downgrading of the country's sovereign credit ratings by the global rating agencies has evoked strong criticism from India. The Indian government and a section of authorities have blamed the global rating agencies and foreign investors for misjudging the Indian economy and deliberately trying to downgrade India's image.
Asian markets were mixed Friday as investors remained watchful amid worries of the deepening debt burden faced by the euro zone and worsening global economic growth.
New Yahoo (Nasdaq: YHOO) CEO Marissa Mayer could end up with compensation around $100 million if she meets certain goals the company disclosed.
On Monday, Chick-Fil-A president Dan Cathy gave an interview with the Baptist Press stating that he was guilty as charged on calls that the company is anti-gay and donates money to organizations opposing marriage equality. Now the corporation has made a statement on their Facebook that seems to back-peddle after Cathy's comments.
Georgia Gulf Corp. (NYSE: GGC) shares soared after announcing a deal Thursday to acquire reached a deal to acquire PPG Industries Inc.'s (NYSE: PPG) commodity chemicals unit for $1.9 billion in cash and shares.
U.S. existing home sales unexpectedly fell in June, according to the National Association of Realtors, raising fresh doubts about the housing recovery. Here are five important trends taken from the numbers.
Standard & Poor's (S&P) Capital IQ equity analyst Todd Rosenbluth changed his rating on Verizon Communications (NYSE: VZ), from Hold to Strong Sell after the $128.4 billion-cap mobile service carrier posted its second-quarter earnings Thursday morning.
A summary report released Thursday by the law firm David Polk and Wardell LLP graphically illustrates the mind-boggling complexity -- and high level of delay -- regulators have faced attempting to implement Dodd-Frank.
After activist investor Bill Ackman of Pershing Square Capital Management said he expects to make 15 to 20 times his investment in beleaguered Plano, Texas-based retail giant J.C. Penney Company, Inc. (NYSE:JCP), stock in the company hit a ten day high.
Gold continues to fare better than other asset classes in spite of a downward pressure on prices.
Do you prefer rooftop terraces to big backyards, an evening at the theater to a night on the couch, or coffee at a café instead of a cup of tea at home alone? If so, you may want to check out one of the cities on Coldwell Banker’s new survey of America’s top 10 markets for “social seekers.”
