Second-quarter earnings season heads into full swing next week. The results will provide guidance on how much the global slowdown is affecting U.S. companies.
Infosys Ltd, BT Group, AFLAC, Freeport-McMoRan, Kinder Morgan, Ampio Pharmaceuticals, Logitech International and Two Harbors Investment Corp. are among the companies whose shares are moving in pre-market trading Friday.
General Growth Properties (NYSE: GGP), the second-largest public U.S. mall landlord, is living up to its name once again. After exiting bankruptcy in 2010, the Chicago-based company's shares hit a new all-time high of $18.49 on Friday.
CEO Robert Diamond's ouster from Barclays (NYSE: BCS) raises questions about whether Wall Street's doyen, Jame Dimon, CEO of JPMorgan Chase (NYSE: JPM), might be next to go, especially as his bank's problems mount.
Fushi Copperweld, Bank of America, Banco Santander, Caterpillar, Citigroup, Research In Motion, Nike and Infosys Ltd are among the companies whose shares are moving in pre-market trading Friday.
Investors in Barclays PLC (NYSE: BCS) (London: BARC) lost over £4 billion Thursday as the British bank lost one-sixth of its market capitalization a day after international regulators announced the bank would have to pay hundreds of millions as a fine for an audacious price-fixing fraud some of its traders were found to have engaged in.
The Federal Reserve is charting a course for more stringent capital reserve requirements for the largest banking institutions in the U.S., in line with new international rules representing the Basel III accord.
Microsoft Corporation's (Nasdaq: MSFT) Athens, Greece headquarters was firebombed on Wednesday by gunmen who drove a van loaded with gasoline through the doors of the four story building, Reuters reported.
Several underwriters that shared $176 million in fees from the $16 billion initial public offering of Facebook (Nasdaq: FB), the No. 1 social networking site, told investors to buy the share Wednesday.
Amarin Corp, Facebook, Zynga, Saks, O'Reilly Automotive, Credit Suisse Group, Atlantic Power and Tata Motors are among the companies whose shares are moving in pre-market trading Tuesday.
Asian stock markets mostly declined Monday as fears of a further global slowdown and economic headwinds from the euro zone continued to weigh on the sentiment.
In the 1950s, a consumer who wanted to buy eyeglasses borrowed $40 from the bank. Fast-forward to 2012: how about using your digital wallet to buy those glasses with your mobile phone? Maybe later this year.
Thursday's downgrade contained a veiled threat that pointed at politicians in Germany, the United Kingdom, France and the United States and plainly stated, Stop talking about making the banks responsible for their own follies -- or else.
Moody's Investors Service downgraded 15 global financial institutions Thursday, including five of the largest U.S. banks, nine major European banks and the Royal Bank of Canada (NYSE: RY), a move that could tighten borrowing and require the companies to post billions of additional collateral.
First Lady Michelle Obama spent her weekend disparaging the fat paycheck, the fancy office, the impressive lines on our resumés.
The top after-market NYSE gainers Monday were: Dana Holding, Alliant Techsystems, Yingli Green Energy Holding, Celanese and Fusion-io. The top after-market NYSE losers were: J.C. Penney, IHS Inc, Western Gas Partners, HCP and Boise Inc.
Stock markets in China and Hong Kong advanced Wednesday on speculation that the People's Bank of China will cut interest rates soon to help the economy regain its growth momentum.
The European Central Bank is expected to hold back from policy moves when it meets on Wednesday, instead urging governments to address the euro zone's crisis, but it could indicate a readiness to cut interest rates as early as next month given a weakening economy and Spain's banking troubles.
Clive Chajet, celebrated brands consultant for companies, offers his free advice to Facebook, Yahoo and Hewlett-Packard about undoing the damage from recent mishaps: stick to business and the share price will follow.
The companies whose shares are moving in pre-market trading Friday are: Coca-Cola Co., Bank of America Corp., Dean Foods Co., General Electric Co., Citigroup Inc., JPMorgan Chase & Co. and Facebook Inc.
The legal activist gives his first public speaking engagement in America after leaving from China.
Debrahlee Lorenzana, who was fired as a banker from Citibank in 2010 for being too sexy, spoke out about the similarities of her case with Lauren Odes', the woman fired from New York lingerie store Native Intimates for being too busty. Lorenzana revealed that she ended up fighting the suit, filed for similar discriminatory reasons, alone after lawyer Gloria Allred dropped her when the cameras stopped flashing.
