U.S. stocks fell on Tuesday as consumer sentiment dropped sharply and house prices unexpectedly dipped, denting optimism about a economic recovery.
Target Corp on Tuesday reported higher quarterly profit as the No. 2 U.S. discount retailer avoided the drastic clearance sales that crimped results in its holiday quarter a year ago.
(Corrects to show which earnings per share figure is comparable to Thomson Reuters I/B/E/S estimates)
Auto parts maker Federal-Mogul Corp (FDML.O) reported a better-than-expected quarterly profit on Tuesday, compared with a year-earlier loss, driven by aggressive cost-cutting and improving global auto production.
U.S. stock index futures pointed to a lower open on Tuesday after U.S. home prices fell unexpectedly, adding to concerns about the strength of the economic recovery.
From the Kremlin to Ottawa's Parliament Hill a Canada-Russia showdown was the Olympic men's ice hockey dream game everyone wanted -- just not in the quarter-finals.
Canada's Brookfield Asset Management Inc is preparing to bid for a large stake in No. 2 U.S. mall owner General Growth Properties Inc.
U.S. stock index futures pointed to a lower open on Tuesday after U.S. home prices fell unexpectedly, adding to concerns about the strength of the economic recovery.
Minor changes are being made to one of the corners on Whistler's controversial sliding track after Latvian and Croatian four-man sleds rolled over in a supplementary Olympic training session on Monday.
Saudi-based entertainment firm Rotana said it agreed to sell a $70 million stake in the Rotana Group to Rupert Murdoch's News Corp.
Futures on U.S. stock indices are lower Tuesday morning as global investors sentiments are dampened by discouraging developments from the Europe.
U.S. stock index futures held losses on Tuesday after data showed home prices unexpectedly slid in December but the annual rate of decline slowed.
A young pair of ice dancers lifted the host country out of its Winter Olympic gloom with a golden performance Monday just as Canadians were questioning their team's medal-winning capability.
U.S. stock index futures dropped on Tuesday after an unexpected fall in German business confidence rattled markets, as investors braced for reports on housing and consumer sentiment in the United States.
American International Group's stalled $2.2 billion sale of its Taiwan unit to a group led by China Strategic faces a new hurdle.
U.S. technology giant Intel Corp is planning to set up a $2 billion fund to invest in U.S. companies, the Wall Street Journal said, citing people familiar with the matter.
Home Depot Inc reported better-than-expected quarterly results as it benefited from its efforts to improve efficiency, prompting the top home improvement chain to forecast a fiscal-year profit above Wall Street estimates.
Macy's Inc posted better-than-expected quarterly profit on Tuesday and forecast same-store sales growth this year of 1 percent to 2 percent.
U.S. home prices probably stagnated in December, with the S&P/Case-Shiller 20-city index showing no change after a 0.2 percent November decline and a total average price plunge of about 30 percent from 2006 peaks.
Newport Beach, California has been rated the top wealth center among U.S. communities in a new listing by the business news website Portfolio.com.
A top Toyota Motor Corp U.S. executive promised a quality shake-up on Tuesday as the Obama administration said it would hold the carmaker's head to a pledge to address safety issues after massive recalls.
BYD Co Ltd, a Chinese car and battery maker founded by China's wealthiest man and backed by U.S. billionaire Warren Buffett, aims to boost its car exports this year as it feeds what it hopes will be improving demand in a recovering global economy.
