Luxury home builder Toll Brothers Inc posted a better-than-expected quarterly profit on higher margins, and indicated a possible uptick in home deliveries and pricing in 2012 based on an increase in backlog and community count.
The Swiss town of Rueschlikon that is home to Glencore boss Ivan Glasenberg has cut taxes after a huge windfall following the commodity company's flotation this year.
Stock index futures rose on Tuesday as investors hoped S&P's downgrade warning on the euro zone's credit ratings will help force through budget changes at a European Union summit this week.
European stocks and the euro slid and most bond yields rose after the threat from rating agency Standard & Poor's to downgrade euro zone countries en masse if no credible plan to solve the debt crisis emerges at a summit later this week.
Standard & Poor's has warned it may carry out an unprecedented mass downgrade of euro zone countries, including Germany and France, if EU leaders fail to deliver a convincing agreement on how to solve the region's debt crisis in a summit on Friday.
European stocks, bond futures, and the euro were sent reeling on Tuesday by the shock warning from Standard & Poor's that it might downgrade euro zone countries en masse if no credible plan to solve the debt crisis emerges at a summit later this week.
SAP AG's purchase of Web-based software company SuccessFactors Inc could be the catalyst the old-school German technology giant needs to try to catch up to rivals in the fast-growing cloud computing market.
Leap Wireless International Inc on Monday swapped wireless airwaves with Verizon Wireless in a series of deals aimed at beefing up its presence in the Chicago area.
Standard & Poor's on Monday warned it may downgrade the credit ratings of 15 euro zone countries as the region's debt crisis deepens.
Italy risked a Greek-style economic collapse which could threaten the future of the euro without the austerity package approved by the government, Prime Minister Mario Monti said on Monday, calling on European partners to do their part.
Lehman Brothers Holdings Corp is about to take its last step toward exiting a more than three-year-long bankruptcy process, a move that should enable it to begin paying back investors next year.
Socks gained on Monday, but the day's rally was dampened by news that Germany and other top-rated European nations could see their credit ratings cut.
Standard & Poor's has warned Germany, France and four other top-rated euro zone countries that they risk losing their AAA rating in the next 90 days as the region's debt crisis deepens, the Financial Times reported on Monday.
The cash-strapped U.S. Postal Service on Monday moved forward with plans to end next-day delivery of letters, postcards and other First Class mail.
The U.S. futures regulator unanimously approved on Monday tighter limits on how brokerage firms can use customer funds, a measure the now-bankrupt MF Global had encouraged the agency to delay.
Growth in the U.S. service sector eased last month, and new orders for factory goods fell in October, tempering recent optimism that the U.S. economy may be poised for a more vigorous rebound.
The leaders of France and Germany agreed a master plan on Monday for imposing budget discipline across the euro zone, saying the EU's basic treaty will need to be changed in the search for a sweeping solution to its debt crisis.
Facebook has hired the co-founders of Gowalla, one of the pioneering companies that developed the concept of checking in at real-world locations with mobile phones.
The leaders of France and Germany said on Monday they would push for EU treaty change by March to introduce closer fiscal union and sanctions for countries flouting deficit limits in a bid to shore up confidence in the euro zone.
Stocks jumped at the start of what could be the most important week of the year for Wall Street as hopes grew that European leaders will find a solution to the region's debt crisis at a summit on Friday.
More than a third of U.S. shoppers are already done with most of their holiday shopping, a survey showed on Monday, signaling that retailers need to offer bigger incentives to win sales in the few weeks before Christmas.
SAP AG's $3.4 billion takeover of SuccessFactors will help it keep up with peers in the frenzied race for cloud-computing business, even if the price paid is very high at first glance, analysts said on Monday.
Stocks jumped at the start of what could be the most important week of the year for Wall Street as hopes grew that European leaders will find a solution to the region's debt crisis at a summit on Friday.
Hedge fund multimillionaire Raj Rajaratnam began serving his 11-year prison sentence on Monday - the longest on record for insider trading - at a former military base near a small, leafy Massachusetts town.
Following are highlights of a news conference by French President Nicolas Sarkozy and German Chancellor Angela Merkel following bilateral talks in Paris to hone joint proposals for more central control of euro zone budgets.
Growth in the U.S. service sector eased last month, and new orders for factory goods fell in October, tempering recent optimism that the U.S. economy may be poised for a more vigorous rebound.
Stocks of several cloud-computing companies rose on Monday, after German software giant SAP offered to buy Web-based software maker SuccessFactors at a high premium on Friday.
The pace of growth in the vast U.S. services sector slowed in November to the slowest since January 2010, according to an industry report released on Monday.
Investors pessimistic about the prospects of U.S. banks and brokers have some good company: Wall Street chief executives.
EBay Inc Inc shares rose more than 4 percent on Monday after an analyst upgraded the e-commerce company, citing strong holiday sales.
