Stock index futures pointed to a weaker open on Wall Street on Monday after steep declines in the previous session, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 down 0.6-0.9 percent.
Jefferies & Co. upgraded its rating on shares of Global Payments Inc. (NYSE: GPN) to buy from hold with a price target of $50.
World stocks kicked off the final quarter of the year sharply lower on Monday while the yen and government bonds rose as concerns grew that a broader Greek debt default may be in the works after figures showed Athens would miss a deficit target.
Gold strengthened further on Monday as falling equities and lingering worries about a debt crisis in Europe drew investors to the precious metal, which posted its the biggest quarterly gain this year, but a firm U.S. dollar could still cap gains.
China is gaining the upper hand in its much vaunted friendship with Russia due to Beijing's shift away from relying on Moscow for advanced weapons and deep problems with energy cooperation, a report released on Monday said.
With Apple Inc. having made the call for its Let's Talk iPhone event Tuesday, consumers are expecting the company to showcase its highly anticipated iPhone5.
Speculation that New Jersey Governor Chris Christie will enter the U.S. presidential race has led to a feverish debate about the possibility of having the fattest man in the White House since the corpulent William Howard Taft squeezed behind the big desk in the Oval Office.
European Central Bank member Christian Noyer said on Monday it is unrealistic to expect an increase in Europe's bailout fund beyond what was agreed in July, but that he is open to schemes that would allow leveraging to expand capacity.
More than three years after the financial crisis struck, the U.S. economy remains stuck in a consumer debt trap.
Researchers at UC Santa Cruz have generated the largest and most realistic cosmological simulations of the evolving universe to-date that will help astrophysicists better understand the mysteries such as galaxy formation, dark matter and dark energy.
European Central Bank member Christian Noyer said on Monday it is unrealistic to expect an increase in Europe's bailout fund beyond what was agreed in July, but that he is open to schemes that would allow leveraging to expand capacity.
Barclays Plc and Bank Of America Corp are looking to sell their stakes in apartment company Archstone, a source familiar with the matter said on Sunday.
When contract talks between Chrysler Group LLC and the United Auto Workers union opened in late July, expectations were high for a swift deal. Representatives of both sides even wore matching maroon jackets in a show of unity for the cameras.
When contract talks between Chrysler Group LLC and the United Auto Workers union opened in late July, expectations were high for a swift deal. Representatives of both sides even wore matching maroon jackets in a show of unity for the cameras.
Jack Ma, the founder and CEO of Chinese e-commerce giant Alibaba, is keen on buying Yahoo Inc if the opportunity presents itself and has held discussions with other potential buyers about options.
Michael Lewis says something very odd in his big piece on California and the phenomenon of overconsumption:
Family film Dolphin Tale jumped to the top of the movie box office over the weekend, unseating The Lion King and beating four newcomers, according to studio estimates released on Sunday.
Simba the lion may rule the jungle, but he couldn't beat a plucky dolphin at the weekend box office.
Iran said on Saturday that Christian Pastor Youcef Nadarkhani was sentenced to death for rape, not for the crime of abandoning Islam.
Investors are worried U.S. earnings growth may finally fall back to earth as turmoil in Europe and signs of a less robust Chinese economy hurt foreign support.
The Occupy Wall Street protest is showing no signs of slowing down, as about 700 protesters were arrested on Saturday after taking on a trek to the Brooklyn Bridge that shut down a lane of traffic for several hours.
The Texas governor's 1,070-acre camp in West Texas reportedly had the name N-----head painted in large letters on a rock at its entrance for many years.
