Bank of America , Goldman Sachs and Citigroup could be among companies that beat estimates when they report next week, Thomson Reuters StarMine forecasts show.
Standard & Poor's downgraded the credit ratings of nine euro- zone countries, stripping France and Austria of their coveted triple-A status but not EU paymaster Germany, in a Black Friday the 13th for the troubled single currency area.
Standard & Poor's downgraded the credit ratings of nine euro- zone countries, stripping France and Austria of their coveted triple-A status but not EU paymaster Germany, in a Black Friday the 13th for the troubled single currency area.
Sempra, the commodity trading powerhouse that boasted a decade-long profit streak before it was sold four years ago, is being reborn.
Bank of America Corp told Federal Reserve officials in June that it could shed branches in some parts of the country if it needed to raise capital in an emergency, a person familiar with the matter said.
Main Street investors made fewer trades in their brokerage accounts toward the end of 2011 amid skittish markets, slowing a key engine of growth for U.S. discount brokers.
U.S. regulators looking at whether Google manipulates its search results to favor its own products have expanded the probe to include Google+, the search giant's new social networking tool, a source familiar with the probe said on Friday.
Online retailer Rue La La, has stepped back from its Rue Local daily deal business, the latest Groupon Inc rival to hit trouble.
Stocks dropped on Friday, snapping a four-day winning streak, after news reports that Standard & Poor's would downgrade credit ratings on several euro-zone countries.
Two top Federal Reserve officials, including a policy centrist, said on Friday the central bank should hold off buying more bonds to boost growth given a strengthening in the economy.
Several major hotel chains have launched a new website in an effort to increase their online booking revenue and lower costs associated with third-party travel services.
Washington Mutual Inc said on Friday it has won court approval to send its latest reorganization plan to creditors for a vote, and hopes to end its nearly 3-1/2-year-old bankruptcy by the end of February.
Standard & Poor's carried out a mass downgrade of euro zone countries on Friday, stripping France and Austria of their top-grade AAA ratings in a move that may complicate efforts to solve a two-year old European debt crisis.
Consumer sentiment hit an eight-month high in early January as Americans grew more optimistic about job prospects, a survey released on Friday showed.
The Indian government on Friday threw its weight behind a case against internet giants including Google and Facebook, who are embroiled in a battle over offensive content after a judge warned websites may be blocked like in China.
Phil Angelides, formerly the chairman of a federal commission who led investigations into why the financial markets collapsed, is heading an investment group that hopes to do a good thing for America while turning a profit from the wreckage of the housing market.
A tax shelter case going before the U.S. Supreme Court on Tuesday puts $1 billion in potential government tax revenues at stake and may tackle questions about the enforcement powers of federal agencies that make some businesses nervous.
The drag of the European debt crisis on investment banking weighed on JPMorgan Chase & Co's fourth-quarter profit, sending financial stocks tumbling even as the bank provided evidence that the domestic economy is strengthening.
Burned by disappointing early sales for new, high-profile biotech medicines in 2011, healthcare investors are cautious ahead of this year's expected crop of drug launches.
Anti-virus software maker AVG Technologies NV filed to raise up to $125 million in an initial public offering, looking to cash in on the increased demand for technology IPOs.
BP learned expensive lessons from the 2010 oil spill in the Gulf of Mexico and has no intention of turning away from the region, the oil giant's CEO, Robert Dudley, said on Friday.
Talks between Greece and its creditor banks to slash the country's towering debt pile broke down on Friday, with the Greeks warning of catastrophic results if a deal to swap bonds is not reached soon.
The United States pressed the European Union on Friday for hard evidence that it has complied with a trade ruling on subsidies to planemaker Airbus in a showdown that could kick off a new stage in the world's largest and costliest trade dispute.
Greek debt swap negotiators were less optimistic on Friday about reaching an agreement to avert a disorderly default after the latest round of talks with creditor banks, warning failure to reach a deal would be disastrous for Greece and Europe.
A video appearing to show U.S. Marines urinating on the bodies of dead Taliban fighters promises to become an enduring memory of the Afghan war and is already drawing sharp reaction from across the world as it goes viral on the Internet.
Stocks tumbled on Friday after news reports that Standard & Poor's would downgrade credit ratings on several euro-zone countries.
Aon Corp , the world's biggest insurance broker, will move its headquarters to London from Chicago to improve its access to fast-growing emerging markets and boost its presence in the British capital's global insurance centre.
Talks between Greece and its creditor banks aimed at avoiding a disorderly default broke down on Friday, with Greeks warning of disastrous results if a bond swap deal is not reached soon.
These days, everyone in commerce and finance circles seems to complain about the dollar, but few institutional investors want to part with them.
Standard & Poor's is set to downgrade the credit ratings of several euro zone countries later on Friday, but not those of Germany and the Netherlands, a senior euro zone government source said.
