CapitalSource buys SBA lender MainStreet for $100 million
Commercial lender CapitalSource Inc said it acquired MainStreet Lender LLC, a Small Business Administration (SBA) lender, for $100 million to expand its product offering.
United Tech profit beats Street view, revenue shy
Diversified U.S. manufacturer United Technologies Corp reported quarterly profit that topped Wall Street's expectations helped by lower restructuring costs, while revenue missed analysts' forecasts.
Time ripe to buy homes before prices rise: poll
Most consumers think U.S. homes are affordable and the time is ripe to buy as many expect prices to rise in the next year, a new survey showed on Wednesday.
Mortgage demand stirred by drop in loan rates
U.S. mortgage applications bounced from three-month lows last week as potential buyers locked in lower borrowing costs before the federal tax credit expires, the Mortgage Bankers Association said on Wednesday.
AT&T profit tops estimates, helped by iPhone
AT&T Inc reported higher-than-expected quarterly earnings as strong sales of Apple Inc's iPhone bolstered profitability despite tepid overall revenue growth.
Paulson reassures on Goldman role
Paulson & Co, the hedge fund linked to civil fraud charges against Goldman Sachs Group Inc, moved to head off investor concerns about its role in a deal that has scarred the reputation of the Wall Street bank and overshadowed blow-out quarterly earnings.
Visa to buy online processor CyberSource
Visa Inc said on Wednesday that it has agreed to buy CyberSource Corp , a technology company that processes online payments, in a bid to increase its e-commerce business.
Blue chips lifted by Morgan Stanley, Apple
Blue chips rose in early trading on Wednesday boosted by strong results from investment bank Morgan Stanley and Apple, but healthcare stocks weighed on the broader market.
McDonald's profit beats, coffee perks boost sales
McDonald's Corp reported a better-than-expected quarterly profit as its coffee business boosted U.S. sales, and the hamburger chain said its global sales momentum was continuing into April.
Morgan Stanley reports profit
Morgan Stanley reported on Wednesday a first-quarter profit behind strong trading results.
AT&T profit hit by charge but above estimates
AT&T Inc
Can Seoul become the world's most attractive city?
SEOUL (Reuters Life!) - Appearances may not be everything, but they're dominating discussions on the future of South Korea's sprawling, 10-million-strong capital Seoul.
Analysts raise targets on Apple post results
At least eight brokerages raised their price targets on Apple Inc Wednesday, a day after the company posted stellar quarterly profit on record iPhone sales and forecast strong third-quarter revenue.
Corrected: Lockheed posts lower profit, cuts outlook
Corrects percentage change to 18 percent in first paragraph
Colin Powell and Bill Gates join malaria campaign
(Reuters) - Former Secretary of State Colin Powell, billionaire Bill Gates and Queen Rania of Jordan will put their fame to work this week as they join a Twitter campaign to end malaria deaths.
Boeing profit declines on fewer deliveries
Boeing Co , the world's second-largest plane maker, on Wednesday posted a narrowed quarterly profit on an 11 percent decline in commercial airplane deliveries.
United Tech beats Wall Street's profit view
Diversified U.S. manufacturer United Technologies Corp posted a 20 percent rise in profit that topped Wall Street's expectations and ended a four-quarter streak of declines.
McDonald's profit beats forecasts
McDonald's Corp reported quarterly profit on Wednesday that beat analysts' forecasts as its U.S. business picked up in March and global sales were keeping up their momentum in April.
Nasdaq set to rise on Apple, bank shares eyed
The Nasdaq was set to rise on Wednesday boosted by Apple's blowout quarter, while the broader market pointed to a flat open as bank shares faced pressure despite strong earnings from Morgan Stanley.
Morgan Stanley swings to profit
Morgan Stanley reported on Wednesday a first-quarter profit behind strong trading results.
Lockheed posts lower profit, cuts outlook
Lockheed Martin Corp posted a 22 percent drop in first-quarter profit on Wednesday and lowered its full-year outlook, citing a charge tied to recent U.S. healthcare reform.
H&R Block total tax season sales disappoint
H&R Block Inc , the largest U.S. tax preparer, posted a 5 percent fall in total returns filed for the latest tax season as it continued to lose market share to rivals.
Nasdaq futures up on Apple, earnings on focus
U.S. stock index futures were mixed on Wednesday with Nasdaq lifted by blowout profits from Apple as the focus shifted to results from four Dow components and other bellwethers including Morgan Stanley.
Stock futures mixed, focus on earnings
U.S. stock index futures were mixed on Wednesday with Nasdaq lifted by blowout earnings from Apple late Tuesday as the focus shifting to results from four Dow components and other bellwethers including Morgan Stanley.
Stem cells prove to fix heart, hope for transplant patient
TORONTO - When doctors performed a coronary artery bypass on a Montreal man with a failing heart, they added a little something else before closing up his chest -- stem cells purified from his bone marrow that they had removed earlier that day. The stem cells serve to regenerate blood vessels and heart muscle cells.
How To Develop a Marketing Plan for your Business
Developing a good marketing plan doesn't have to be complicated. A simple plan can be just as easily implemented. The following are the steps use to create an effective marketing plan that will produce positive results for any product or offered service:
Futures point to flat open on Wall Street
Stock index futures point to a mixed open on Wall Street on Wednesday, as investors braced for another raft of results, including those from Morgan Stanley .
Earnings lift equities, Greece stays in focus
Strong earnings from tech stock Apple and other U.S. companies helped lift global stocks on Wednesday, boosting tech-heavy markets in Asia and feeding optimism about the global economic recovery.
EUR/USD – lost a lot yesterday
Good morning dear traders, how was your yesterday´s trading day? I hope, you could fetch some pips out of the market. As there have been a lot of chances yesterday.
Tech inspires Asian stocks higher, euro struggles
A technology-inspired rally lifted Asian stocks on Wednesday, after Apple Inc unveiled results that blew past Wall Street's expectations, while the euro suffered more falls on fears over debt-stricken Greece.