Result Page 1094 for Latest Markets / Finance News & Archive

Rising factory orders bolster recovery prospects

U.S. factory orders rose a stronger-than-expected 0.9 percent in September, and inventories continued to shrink, bolstering prospects for a sustained economic recovery.

GM board opts to keep Opel

The board of General Motors Co has opted to keep Opel, undoing months of painstaking negotiations to sell the European unit to a Russian-backed group led by Canada's Magna .

GM board opts to keep Opel, in reversal

The board of General Motors Co has opted to keep Opel, undoing months of painstaking negotiations to sell the European unit to a Russian-backed group led by Canada's Magna .

S&P 500, Nasdaq end higher on deal news

The S&P 500 and Nasdaq rose slightly on Tuesday as news of a major railroad acquisition helped sentiment, but the Dow edged lower on caution before a Federal Reserve statement on interest rates and the economy.

More news

Ex-Madoff auditor pleads guilty, denies knew of fraud

The former outside accountant for Bernard Madoff's firm pleaded guilty to fraud charges on Tuesday, but he told a U.S. judge he did not know about the swindler's multibillion-dollar Ponzi scheme, which shook investor confidence and market regulators who missed it.

Ex-Madoff auditor pleads guilty, denies he knew of fraud

Dow dips, S&P and Nasdaq up as downgrade hits semis

The Dow dipped while the S&P 500 and Nasdaq rose slightly on Tuesday as a Morgan Stanley downgrade of semiconductors weighed on the sector, while deal news bolstered views that merger activity was picking up.

Flagstar Bancorp Q3 trails market, files for $2 billion shelf

Flagstar Bancorp Inc reported a wider-than-expected quarterly loss, hurt by higher non-performing assets and tax expenses, and filed for a mixed shelf of up to $2 billion, sending its shares down 13 percent.

Ex-Madoff accountant says did not know about fraud

Stocks pulled lower by semis, financials

U.S. stocks stumbled on Tuesday after Morgan Stanley downgraded the semiconductor sector and a shake-up at two big British banks prompted investors to sell financial shares.

Buffett to buy Burlington Northern in his biggest deal ever

Warren Buffett's Berkshire Hathaway Inc will pay $26 billion to buy out railroad Burlington Northern Santa Fe Corp in what the billionaire investor called a bet on the U.S. economy.

Buffett lands biggest deal ever

Warren Buffett's Berkshire Hathaway Inc will pay $26 billion to buy out railroad Burlington Northern Santa Fe Corp in what the billionaire investor called a bet on the U.S. economy.

Buffett to buy Burlington Northern

Warren Buffett's Berkshire Hathaway Inc will pay $26 billion to buy out railroad Burlington Northern Santa Fe Corp in what the billionaire investor called a bet on the U.S. economy.

MasterCard Q3 profit beats estimates as costs fall

MasterCard Inc reported higher-than-expected quarterly earnings on Tuesday as the world's second-largest credit card network aggressively trimmed marketing expenses and raised fees to banks, and consumers used their debit cards more.

Wall Street pulled lower by semis, financials

U.S. stocks stumbled on Tuesday after Morgan Stanley downgraded the semiconductor sector and a shake-up at two big British banks prompted investors to sell financial shares.

U.S. September factory orders beat expectations

New orders received by U.S. factories beat Wall Street expectations and rose 0.9 percent in September, while inventories continued to shrink, the Commerce Department said on Tuesday.

Sept factory orders rise 0.9 percent

New orders received by U.S. factories rose a stronger-than-expected 0.9 percent in September, while inventories continued to shrink, the Commerce Department said on Tuesday in a report suggesting manufacturing activity is feeding the economic recovery.

BofA CEO may be based outside Charlotte: report

Bank of America Corp is considering allowing its next chief executive to be based in a city other than Charlotte, North Carolina, the bank's long-time headquarters, Bloomberg reported on Tuesday.

Borders offers free shipping on out-of-stock items

Borders Group Inc took the latest step in the battle for book buyers this holiday season, promising customers it will ship items to their homes for free when they're out of stock in the company's bookstores.

Semis, financials drag Wall St lower

U.S. stocks fell on Tuesday, weighed by technology and financial shares, as Morgan Stanley downgraded the semiconductor sector and after a shake-up at two big British banks and poor results from Swiss lender UBS.

Warren Buffett buying railroad Burlington Northern

Warren Buffett's Berkshire Hathaway Inc will pay $26 billion to buy out railroad Burlington Northern Santa Fe Corp in what the billionaire investor called a bet on the U.S. economy.

Berkshire Hathaway to buy Burlington Northern

Warren Buffett's Berkshire Hathaway Inc said it agreed to buy railroad Burlington Northern Santa Fe Corp in Buffett's biggest acquisition ever.

Oil slips below $77 ahead of U.S. inventory data

Oil fell more than $1 per barrel to below $77 on Tuesday as stock markets slipped in Europe and Asia and the dollar rose against a basket of currencies.

Wall Street falls at open on banks

U.S. stocks fell at the open on Tuesday as concerns over European banks outweighed a deal by Warren Buffett's Berkshire Hathaway to buy railroad company Burlington Northern.

MasterCard posts Q3 profit as costs fall

MasterCard Inc reported higher-than-expected quarterly earnings on Tuesday as the world's second-largest credit card network raised fees to banks and cut expenses, while consumers used their debit cards more.

Wall Street to open lower as banks offset Berkshire deal

U.S. stock index futures fell on Tuesday as the deal by Warren Buffett's Berkshire Hathaway to buy railroad Burlington Northern failed to offset poor results from Swiss lender UBS and a shake-up at two big British banks.

UBS won't stem withdrawals soon as Q3 disappoints

Swiss bank UBS does not expect to win back assets from rich clients any time soon as it struggles to rebuild its reputation after a bitter U.S. tax row even as its underlying performance improves.

China 3G stirs up mobile Internet frenzy

China's recent roll out of 3G mobile services is creating a land grab among its Internet firms, old and new alike, salivating over a mobile Internet market the size of the U.S. and Europe combined.

Daily Highlights - Nov 3

China said to plan review of developer loans on concern at surging prices.

Stock futures off as Europe banks offset Burlington deal

U.S. stock index futures fell on Tuesday as the deal by Warren Buffett's Berkshire Hathaway to buy railroad company Burlington Northern was offset by poor results from Swiss lender UBS and a shake-up at two big British banks.

Lloyds, RBS agree to massive shake-up

Britain's two largest retail lenders are to get another 31 billion pounds from the government and have agreed to sell hundreds of branches and key businesses to appease EU competition concerns over state aid.

Oil slips towards $77 ahead of U.S. inventory data

Oil fell more than $1 per barrel toward $77 on Tuesday as stock markets slipped in Europe and Asia and the dollar rose against a basket of currencies.