Family Dollar Stores Inc forecast a quarterly profit below analysts' estimates, sending its shares down 8 percent, as it faces an uncertain economy and increased discounting by rival Wal-Mart Stores Inc .
IBT Staff Reporter
Jul 07, 2010
Asian stocks fell on Wednesday as investors worried global growth was faltering, while the euro held near a 7-week high as investors pared long positions in the dollar on doubts about the resiliency of the U.S. recovery.
IBT Staff Reporter
Jul 07, 2010
Asian stocks fell on Wednesday as investors worried global growth was faltering, while the euro held near a 7-week high as investors pared long positions in the dollar on doubts about the resiliency of the U.S. recovery.
IBT Staff Reporter
Jul 07, 2010
Toyota Motor Co's Canadian unit said on Monday its June sales were down 13.8 percent from a year earlier, while General Motors Co GM.ULsaid its Canadian sales rose 15.2 percent.
IBT Staff Reporter
Jul 06, 2010
Asian stocks slipped on Tuesday on growing investor concerns of slower economic growth in the United States and China, the main pillars of the world economy, and fading risk appetite sent the yen up against the dollar and the euro.
IBT Staff Reporter
Jul 05, 2010
Employment fell for the first time this year in June as thousands of temporary census jobs ended and private hiring grew less than expected, dealing a blow to President Barack Obama who has identified job creation as a key priority.
IBT Staff Reporter
Jul 02, 2010
Private payrolls rose less than expected in June and overall employment fell for the first time this year as thousands of temporary census jobs ended, showing the economic recovery is failing to gain traction.
IBT Staff Reporter
Jul 02, 2010
Now that China is staying true to its word and letting the yuan trade a bit more freely, analysts and investors outside the mainland may not be prepared for one potential outcome: a yuan drop.
China is showing a determination to let the yuan be more volatile against the dollar within its daily 0.5 percent trading band and go with the market flow, contrary to some expectations for another steady rise as happened between 2005 and 2008.
IBT Staff Reporter
Jul 02, 2010
Gold rebounded 1 percent in Europe on Friday as physical buyers in particular took advantage of the previous day's price fall to buy into the market, with traders now looking ahead to a key U.S. jobs report due later.
IBT Staff Reporter
Jul 02, 2010
Stock index futures fell on Thursday after soft Chinese manufacturing data and a day after Moody's warned of a potential downgrade for Spain and Wall Street ended its worst quarter since the collapse of Lehman Brothers.
IBT Staff Reporter
Jul 01, 2010
Stock index futures pointed to a lower open for Wall Street on Thursday, with futures for the Dow Jones down 0.2 percent, for the S&P 500 down 0.3 percent and for the Nasdaq down 0.4 percent by 0906 GMT.
IBT Staff Reporter
Jul 01, 2010
Asian stocks and commodities fell while U.S. Treasury futures rose to a 14-month high on Thursday, after manufacturing data showed China's rapid economic growth was slowing, increasing fears of a global double dip.
IBT Staff Reporter
Jul 01, 2010
Asian stocks and commodities began the second half of the year on a sour note on Thursday, with Japanese stocks sliding to a seven-month low after manufacturing data showed China's rapid economic growth was slowing.
IBT Staff Reporter
Jul 01, 2010
U.S. stocks staggered to the end of a dismal second quarter on Wednesday in another low volume session as investors found little reason to take on risk after conflicting economic data.
IBT Staff Reporter
Jun 30, 2010
U.S. stocks staggered to the end of a dismal second quarter on Wednesday in another low volume session as investors found little reason to take on risk after conflicting economic data.
IBT Staff Reporter
Jun 30, 2010
Asian stocks fell on Wednesday and ended the second quarter with their worst performance since the collapse of Lehman Brothers as investors got out of shares and high-yielding currencies on concerns over bank funding in Europe.
IBT Staff Reporter
Jun 30, 2010
Asian stocks slid and the euro struggled near a two-week low on Wednesday as investors unwound risky positions before the quarter-end amid heightened concerns over banks' funding conditions in Europe.
IBT Staff Reporter
Jun 30, 2010
World stocks hit a 2-1/2 week low on Tuesday while oil and the euro also slipped as investors grew nervous over the funding situation of banks about to repay 442 billion euros ($545.5 billion) to the European Central Bank.
IBT Staff Reporter
Jun 29, 2010
New claims for jobless benefits fell last week, while orders for long-lasting manufactured goods excluding transportation rose in May, offering hope the fragile economic recovery remained intact.
IBT Staff Reporter
Jun 24, 2010
Stock index futures pointed to a lower open on Wall Street on Thursday, with futures for the S&P 500, Dow Jones and Nasdaq down 0.6 to 1.1 percent at 4:44 a.m. EDT.
IBT Staff Reporter
Jun 24, 2010
Mortgage applications fell from a six-month peak last week as the lowest interest rates in over a year failed to foster demand for refinancing or home purchase loans.
IBT Staff Reporter
Jun 23, 2010
Asian stocks slid on Wednesday and European markets were expected to follow suit as poor U.S. home sales added to fears about the global economic recovery and optimism over China's new flexible yuan policy faded.
IBT Staff Reporter
Jun 23, 2010