Investor interest in derivatives-based strategies remains cold, as the financial bailout in 2008 and the Dodd-Graham Financial Overhaul Act has kept investors scared.
Stocks fell on Tuesday as disappointing earnings from blue chips such as 3M and Johnson & Johnson prompted investors to pause in the recent rally.
Speculation is simmering as to what, precisely, President Obama will say in tonight’s State of the Union address. The White House has been speaking in general terms about the speech, resulting in opinions flying about what, if anything, he may actually propose.
Shareholders of publicly listed companies will get to weigh in on executive compensation through advisory votes, under a new rule adopted by U.S. securities regulators on Tuesday.
The National Hockey League said on Tuesday that it was heading toward record revenue of almost $2.9 billion for the season due to large gains in sponsorship revenue and advertising on the North American sports league's TV network and website.
Verizon Communications' quarterly revenue was slightly behind Wall Street's expectations, even as it reported stronger-than-expected wireless subscriber growth.
Consumer confidence rose more than expected in January to its highest level in eight months, helped by growing optimism about the economy and the jobs market, according to a private sector report released on Tuesday.
Cadwalader, Wickersham & Taft has reportedly poached on as many as nine partners from McDermott Will & Emery and dozens of associates are also expected to make the move in the coming days.
Leather goods maker Coach Inc reported a larger-than-expected quarterly profit as U.S. luxury spending rebounded and sales in China soared over the holiday season.
Travelers Companies Inc posted a higher-than-expected quarterly profit and the largest publicly traded U.S. property insurer said there were early signs businesses were finally willing to spend more on insurance.
News Corp's new digital newspaper The Daily, designed for Apple's iPad, should launch in the next two weeks after some delays and will cost $0.99 per week, executive James Murdoch said on Tuesday.
President Barack Obama aims to rise above party politics in his State of the Union speech on Tuesday, but he must prove he is serious about tackling the budget deficit that could unleash a bitter partisan fight.
Emerging stocks edged down on Tuesday as inflation worries persisted and weaker metals prices knocked South African shares and the rand.
Algeria expects oil production to remain steady in 2011, while liquefied natural gas (LNG) supply contracts will be met despite reduced capacity, the head of state-owned energy giant Sonatrach said on Tuesday.
Facebook's German business has run into new restrictions on what it can do with email addresses, giving users more control over what happens to the names on their contact lists.
Uganda President Yoweri Museveni is against the United Nations' recognition of Alassane Ouattara as winner of Ivory Coast's election and wants an African Union probe into the poll, his spokesman said on Tuesday.
Stocks fell on Tuesday weighed by disappointing blue-chip earnings, including 3M and Johnson & Johnson, ahead of U.S. President Barack Obama's State of the Union speech.
Google's Chief Executive Eric Schmidt said he expected to spend another 10 years at the company, after his surprise handover last week to co-founder Larry Page.
President Barack Obama will deliver his State of the Union address for 2011 tonight at 9 pm ET in the chamber of the United States House of Representatives. The president is expected to focus on 'competitiveness', and high energy costs are routinely a concern of U.S. businesses and consumers. Healthcare, taxes and the deficit tend to loom larger.
U.S. consumer confidence rose more than expected in January to its highest level in eight months, helped by growing optimism about the economy and the jobs market, according to a private sector report released on Tuesday.
Research by a UK-based independent property investment consultancy found that the property was considered a better investment than gold and shares for investors to invest their cash to make profit.
Verizon Communications added far more wireless subscribers than expected in the fourth quarter, dispelling any worries that customers would put off signing up until the company's Verizon Wireless venture begins selling Apple Inc's iPhone next month.
