Asian stocks edged up Friday, as signs of a strengthening economy in the United States encouraged a modest year-end rally in riskier assets.
The TSX finished higher for a third-straight session on Thursday as worries over European bank lending eased and U.S. economic data pointed to gradual economic improvements, sending financial and energy issues up sharply.
In a sign that Canada's resistance to paying into an IMF bailout fund for Europe might be fading, Finance Minister Jim Flaherty said on Thursday the idea would be generally supported if all the Group of 20 nations agreed to pay in more.
Best Buy has notified some online customers that it cannot complete their online orders, just three days before Christmas and already into the Hanukkah season. Some of the orders were placed in November.
As the end of 2011 approaches, the housing market is another year removed from the subprime mortgage meltdown. But the legacy of the crash remains, as homeowners, lenders, regulators and brokers alike continue to deal with falling home prices, a glut of unprocessed foreclosures and an uncertain economy.
The unemployment extension for 2012 - at least two months of it - may be passed after all.
Time is running out for lowering your 2011 taxes. Before celebrating the New Year, taxpayers should keep in mind that actions should be taken no later than Dec. 31 in order to claim certain tax benefits, the Internal Revenue Service said.
Fears over the safety of silicone breast implants made by a now defunct French firm spread to Australia, South America and across Europe on Thursday as French officials prepared to decide if thousands of women should have their implants surgically removed.
The top pre-market NASDAQ Stock Market gainers are: WCA Waste, Curis, TIBCO Software, Infosys, Clearwire, Yahoo, and Micron Technology. The top pre-market NASDAQ Stock Market losers are: Alaska Communications Systems Group, VIVUS, Bed Bath & Beyond, Makita, and Research In Motion.
The top after-market NASDAQ Stock Market gainers are: WCA Waste, Mellanox Technologies, TIBCO Software, Salix Pharmaceuticals, and Ross Stores. The top after-market NASDAQ Stock Market losers are: Alaska Communications Systems Group, VIVUS, SuperMedia, Bed Bath & Beyond, and Sequenom.
The top aftermarket NYSE gainers Wednesday were: Gol Linhas Aereas Inteligentes, Worthington Industries, Timken, Suncor Energy, Willbros Group, Quicksilver Resources, Teavana Holdings, Radioshack Corp, K12 Inc and Rentech Nitrogen Partners.
The top aftermarket NYSE losers Wednesday were: Country Style Cooking, Laredo Petroleum Holdings, United Parcel Service, Mueller Water Products, Pacific Drilling, Arch Coal, Office Depot, Ion Geophysical, Enersys and PulteGroup, Inc.
A late-day buying spree is causing shares in Bank of America (NYSE:BAC) to soar higher than its big bank peers. The rally began just after 3 p.m., shortly after news broke that the financial institution had settled a federal lawsuit regarding a subsidiary's subprime lending practices for $335 million.
ne-third of all the deaths among the homeless, the study noted, are caused by drug and alcohol abuse.
Standard and Poor's, one of the top credit rating agencies in the world, announced today it was lowering the sovereign credit ratings on the Republic of Hungary, slashing that government's debt to 'junk' debt status. The agency also assigned the nation's debt with a 'recovery rating' of 3, meaning it expects investors to be able to obtain from 50 to 70 percent of the country's bonds face value in the event of a default.
Tourism is a plague that threatens to destroy culture and society.
By mid-day the Dow Jones Industrial Average (DJIA) was down 80 points, to 12,023.28, while the NASDAQ was down 2 percent, to 2,550, and the S&P 500 was off three-quarters of a percent fo 1,232.
Workers began culling 17,000 chickens at a wholesale poultry market in Hong Kong on Wednesday after a dead chicken there tested positive for the deadly H5N1 avian virus, a government spokesman said.
The Arizona state economy is expected to grow but at a lower gear than that which the state was accustomed to during the housing-market-driven-growth days, as the economy is still recovering from the recession and the collapse of the housing market.
The top pre-market NASDAQ Stock Market gainers are: Research In Motion, Polycom, and Yandex. The top pre-market NASDAQ Stock Market losers are: Alnylam Pharmaceuticals, Oracle, Conceptus, ARM Holdings, ASML Holding, Baidu, and Paychex.
Oracle shares plummeted on Wednesday in German trading after the large software maker missed analysts' profit expectations for the first time in a decade.
An economist at Wells Fargo Securities expects homebuilding to improve modestly in 2012, with most of the gains coming from apartment construction.
Housing starts rose much more than expected during November, as unseasonably warm weather allowed builders to begin work on more projects than they usually do in November.
The top after-market NASDAQ Stock Market gainers are: Research In Motion, FSI International, Cintas, Suffolk Bancorp, and Westell Technologies. The top after-market NASDAQ Stock Market losers are: Oracle, L & L Energy, Columbia Laboratories, Epoch Investment Partners, and Autodesk.
European stocks rallied and the euro was well bid Wednesday as investors priced in an improvement in the economic outlook and looked forward to a big take up by banks of the European Central Bank's first-ever offer of three-year loans.
The top aftermarket NYSE losers Tuesday were: Jabil Circuit, SAP AG, FelCor Lodging Trust, iSoftStone Holdings, TRC Companies, PVH Corp, Sealed Air Corp, Talisman Energy, Yingli Green Energy Holding and Frontline Ltd.
The top aftermarket NYSE gainers Tuesday were: Atlantic Power, Sprint Nextel, Ultra Petroleum, Nike, Qihoo 360 Technology, Berry Petroleum, Valmont Industries, Carnival Corp and Beazer Homes USA.
Is the craze for social media waning? Is it becoming less of a draw, compared to what it used to be a few years back? Well... financial advisors in the U.S. feel it is, a recent report reveals.
Asian stocks and the euro rose on Wednesday after upbeat U.S. and German data and strong demand for Spanish debt tempered risk-aversion, with investors' focus turning to a European Central Bank tender as a gauge for euro zone funding strains.
No doubt 2011 was a major year for technology in part because it touched everyone differently. Following are some of the highlights and lowlights of the year:
