Stocks rose slightly on Thursday as investors focused on stronger-than-expected sales by key retailers in August, offsetting weak labor-market data.
Stocks edged higher on Thursday as better than-expected-sales from key retailers in August offset continued weakness in the labor market.
Stock index futures pointed to a higher open on Thursday, with Wall Street set to snap a four-day losing streak as retailers posted better-than-expected August sales that helped offset more disappointing news from the labor market.
U.S. stock index futures pointed to a higher open on Wall Street on Thursday, following a four-day losing streak.
British technology firm IQE Plc forecast a significant growth in sales during the second half and beyond with trading returning to pre-recession levels, but its shares fell 11 percent as investors booked profits.
Clinics in drug stores provide care for minor ailments on par with, or better than, other medical facilities at significantly lower costs, according to a study released on Monday.
CHICAGO - Clinics in drug stores provide care for minor ailments on par with, or better than, other medical facilities at significantly lower costs, according to a study released on Monday.
Problem U.S. banks and thrifts on an official watchlist rose more than a third to 416 in the second quarter of 2009, as bad loans continued to bite, but regulators saw signs of stabilization in the industry.
Problem U.S. banks and thrifts on an official watchlist rose more than a third to 416 in the second quarter of 2009, as bad loans continued to bite, but regulators saw signs of stabilization in the industry.
Royal Bank of Scotland's talks to sell some of its Asian assets to Standard Chartered remain in full swing, sources familiar with the matter said on Tuesday after a report they were on the rocks.
Prices of U.S. office, retail and apartment buildings fell 1 percent in June, easing from steep slides in the previous two months, according to the Moody's/REAL Commercial Property Price Index released on Wednesday.
Sony confirmed on Tuesday that it will be dropping the price on its PlayStation 3 console.
Stocks rose on Tuesday, rebounding from a sharp fall in global equities in the previous session as better-than-expected results from big retailers offset a surprise drop in housing starts.
Asian stocks and the Australian dollar edged higher on Tuesday but shares in Shanghai were highly volatile, keeping nerves frayed about whether another bout of profit taking would hit global markets.
The U.S. Federal Reserve said on Monday it will extend to mid-2010 an emergency program aimed at boosting lending in the ailing commercial real estate market.
Japanese stocks ended at a 10-month high on Friday after upbeat eurozone growth data and positive earnings from the world's largest retailer helped offset gloomy U.S. retail and jobs data, factors which pulled down the dollar.
Japan's Nikkei share average rose to a 10-month high on Friday after upbeat eurozone growth data and positive earnings from the world's largest retailer helped offset gloomy U.S. retail and jobs data, factors which brought down the dollar.
Americans shopped less in July and more signed up for jobless benefits last week in a double dose of bad news for the U.S. economy just a day after the Federal Reserve said it saw a leveling out of the slump.
Americans shopped less in July and more signed up for jobless benefits last week in a double dose of bad news for the U.S. economy just a day after the Federal Reserve said it saw a leveling out of the slump.
Oil pared early gains above $72 a barrel on Thursday after U.S. retail sales data emerged showing a slightly unexpected fall in consumer spending from the world's largest economy.
Department store operator Macy's Inc posted a better-than-expected quarterly profit and raised its full-year outlook as cost-cuts overshadowed lower sales, but mixed results from two of its suppliers showed that the retail industry remains tough.
Stocks fell on Monday, led by retailers, as investors booked profits following a four-week rally, though losses were limited by strong July sales at McDonald's Corp .
