Stories tagged: Wall Street
Wed., May 4, 2016, 2:58 p.m.
Weak U.S. hiring report sends stocks lower
U.S. and global stock indexes moved lower a second day Wednesday following a dismal report on job creation that gave investors concern over the state of the economy. The data …
Wed., May 4, 2016, 1:07 p.m.
ICE backs away from bid for London Stock Exchange
Intercontinental Exchange has jettisoned plans to acquire the London Stock Exchange.
Tue., May 3, 2016, 2:13 p.m.
MetLife fined $20M for variable annuities switches
MetLife has been fined $20 million by Wall Street’s policing body for misleading customers in switching them from variable annuities contracts into more expensive ones.
Thu., April 28, 2016, 2:20 p.m.
Stocks skid as Apple pulls tech companies lower
U.S. stocks took their biggest loss in three weeks on Thursday after a late sell-off. Apple, which is mired in a slump, fell to its lowest price in about two …
Wed., April 27, 2016, 12:50 p.m.
A pay perk to leave Wall Street for Washington is under threat
U.S. regulators want to put an end to a long-time Wall Street custom of giving executives multimillion dollar windfalls when they leave for government jobs.
Wed., April 27, 2016, 12:35 p.m.
Exxon hikes dividend day after credit downgrade
day after losing its cherished AAA credit rating partly due to billions paid to shareholders, Exxon Mobil is raising its dividend again.
Tue., April 26, 2016, 9:15 a.m.
U.S. consumer confidence slips in April
U.S. consumers were feeling a little less confident in April, even though the stock market was rebounding from its February lows.
Mon., April 25, 2016, 2:10 p.m.
U.S. stocks slip as energy companies fall with oil prices
The Dow Jones industrial average fell 26.51 points, or 0.2 percent, to 17,977.24. The Standard & Poor’s 500 index lost 3.79 points, or 0.2 percent, to 2,087.79. The Nasdaq composite …
Mon., April 25, 2016, 7:28 a.m.
U.S. stocks dip, following losses in global markets
U.S. stocks are slipping Monday morning as global stocks also took losses. Energy companies are falling the farthest although the price of oil is little changed. Companies including business service …
Sat., April 23, 2016, 8:03 a.m.
SEC may ease burden of company reports
Four times a year there’s a kind of parade on Wall Street: Companies announce their quarterly earnings, all in a row, with the banks first, then the tech companies, and …
Fri., April 22, 2016, 3:02 p.m.
U.S. stock indexes end week mixed
A rebound in the price of oil and natural gas helped drive sharp gains for energy and financial companies, nudging U.S. stocks mostly higher Friday.
Fri., April 22, 2016, 9:31 a.m.
Aeropostale being delisted by NYSE
Trading in shares of Aeropostale, the retailer whose clothes were once ubiquitous in teen closets, was suspended Friday and the New York Stock Exchange will delist the company.
Fri., April 22, 2016, 9:19 a.m.
U.S. stocks move lower as investors size up earnings
Disappointing earnings from Microsoft, Google parent Alphabet and other big companies pulled U.S. stocks lower in midday trading Friday. Technology sector companies were down sharply, offsetting gains among energy companies …
Thu., April 21, 2016, 2:21 p.m.
U.S. stock indexes fall afer 3-day rally
A steep slide in traditional safe-play stocks such as phone companies and utilities weighed on Wall Street Thursday, snapping a three-day winning streak for the market.
Thu., April 21, 2016, 7:05 a.m.
Wal-Mart shrinks board membership to 12 from 15
Wal-Mart is shrinking the number of board members to 12 from 15 as it looks to bolster the board for the future.
Wed., April 20, 2016, 8:29 a.m.
U.S. stocks waver early as investors eye company earnings
U.S. stock indexes wavered between small gains and losses in early trading Wednesday as investors sized up the latest company earnings and deal news. Consumer staples companies were down the …
Mon., April 18, 2016, 3:22 p.m.
Stocks recover from early slump, close higher
The Dow climbed 106.70 points, or 0.6 percent, to close at 18,004.16. The last time the average was above 18,000 points was on July 20. The S&P 500 index added …
Fri., April 8, 2016, 1:46 p.m.
Stock indexes manage tiny gains, led by the energy sector
The Dow Jones industrial average rose 35 points, or 0.2 percent, to 17,576. The Standard & Poor’s 500 index climbed four points, or 0.2 percent, to 2,046. The Nasdaq composite …
Wed., April 6, 2016, 2:33 p.m.
U.S. stocks rise as health care and energy companies climb
The Dow Jones industrial average climbed 112 points, or 0.6 percent, to 17,716. The Standard & Poor’s 500 index gained 21 points, or 1.1 percent, to 2,066. The Nasdaq composite …
Mon., April 4, 2016, 2:12 p.m.
Stocks end slightly lower in quiet trading
U.S. stocks fell slightly in quiet trading Monday as investors worked through several company announcements and prepared for the start of company earnings releases.
Thu., March 31, 2016, 2:13 p.m.
Stocks slip, ending a turbulent quarter on a quiet note
Stocks closed mostly lower on Thursday, with chemicals and agricultural companies taking the largest losses. The price of gold continued its long surge. Trading was quiet on the final day …
Wed., March 30, 2016, 1:55 p.m.
U.S. stocks rise, led by banks, tech companies
The Dow Jones industrial average rose 83.55 points, or 0.5 percent, to 17,716.66. The Standard & Poor’s 500 index gained 8.94 points, or 0.4 percent, to 2,063.95. The Nasdaq composite …
Wed., March 30, 2016, 11:54 a.m.
Spotify adds $1 bln to war chest on way to IPO, source says
Music streaming leader Spotify has raised $1 billion in debt as it looks to buy companies that could accelerate its growth before listing shares on the public market within the …
Tue., March 29, 2016, 2:09 p.m.
Stocks close at highest level of the year
Stocks closed at their highest level of the year as investors welcomed the latest signal from the Federal Reserve that it would move slowly to raise interest rates.
Wed., March 16, 2016, 10:52 a.m.
Chipotle using freebies to fight eeriness of empty stores
Chipotle is giving away free burritos to combat the eeriness of empty stores and to convince people that its food is safe.
Tue., March 15, 2016, 1:41 p.m.
U.S. stocks end mixed, mostly lower
The Dow rose 22 points, or 0.1 percent, to 17,251. The Standard & Poor’s 500 index fell 3 points, or 0.2 percent, to 2,015. The Nasdaq composite fell 21 points, …
Fri., March 11, 2016, 3:14 p.m.
Stock market extends rally to fourth week as energy recovers
On Friday, the S&P 500 gained 32.62 points, or 1.6 percent, to 2,022.19. The Dow Jones industrial average rose 218.18 points, or 1.3 percent, to 17,213.31. The Nasdaq composite climbed …
Thu., March 10, 2016, 11:36 a.m.
With a proxy fight possible, Yahoo adds two board members
Early Thursday, Yahoo said it added two members to its board of directors. Catherine Friedman, a former managing director at Morgan Stanley, and Eric Brandt, former chief financial officer at …
Wed., March 9, 2016, 1:58 p.m.
U.S. stocks post slight gains, led by oil and gas companies
The Dow Jones industrial average climbed 36.26 points, or 0.2 percent, to 17,000.36. The Nasdaq composite increased 25.55 points, or 0.6 percent, to 4,674.38. The S&P 500 climbed 10 points, …
Thu., March 3, 2016, 1:49 p.m.
U.S. stocks climb again as energy companies keep rising
The Dow Jones industrial average gained 44.58 points, or 0.3 percent, to 16,943.90.