Fed Stimulus Decision Looms; AMA Scrutinizes Energy Drinks by DailyFinance Staff Jun 19th 2013 8:32AM Stock markets have had a bumpy ride ever since Fed Chairman Ben Bernanke hinted at slowing the Fed's stimulus program, leaving many investors wondering, "What's next?"
SEC Wants to Hear 'We Were Wrong' in Future Big Settlements by The Associated Press Jun 19th 2013 7:25AM The chairman of the Securities and Exchange Commission says the agency will start requiring companies and individuals to admit wrongdoing in some big settlements.
Stocks Continue Rally on Upbeat Economic News by DailyFinance Staff Jun 18th 2013 4:15PM Stocks kept their upward momentum going Tuesday, buoyed by two positive economic reports: the number of housing starts picked up and consumer inflation came in low.
GE to Build 'Industrial Internet'; AT&T's Bright Idea by DailyFinance Staff Jun 18th 2013 8:34AM GE plans to hire thousands of engineers to build an "industrial Internet," with the aim of allowing business customers to run equipment more efficiently and save billions.
Sprint Sues Dish Network Seeking to Block Clearwire Buyout by Reuters Jun 18th 2013 6:26AM Sprint says it is suing Dish Network to block its offer for Clearwire, on the eve of a key deadline in a takeover battle that also includes Japanese mobile carrier SoftBank.
Why Bankrupt W.R. Grace is Thriving by Reuters Jun 18th 2013 5:00AM A company stuck in bankruptcy for 12 years may not seem like much of a catch, but investors have fallen in love with U.S. specialty chemical manufacturer W.R. Grace.
To Taper or Not? Stocks Rise Ahead of Fed Meeting by The Associated Press Jun 17th 2013 4:30PM Stocks are closing higher as traders hope that the Federal Reserve will decide to continue its economic stimulus program when it meets this week. Energy and tech rose the...
5 Things to Watch on Wall Street This Week by Rick Aristotle Munarriz Jun 17th 2013 1:25PM From a mysterious media event at Facebook to struggling restaurant operator Darden's latest earnings report, here are 5 things that will help shape this week on Wall Street.
Shareholder Urges Smithfield Breakup Over Buyout by IBTimes Jun 17th 2013 12:05PM A big shareholder pushes Smithfield Foods to split itself up and offer itself to other bidders, rather than proceed with a takeover by a Chinese firm.
As Interest Rates Rise, Banks Face New Stress Tests by CNNMoney Jun 17th 2013 9:01AM Banks have mostly been tight-lipped about what rising interest rates would mean for earnings, but they'll soon have to open up a little more to regulators and investors.
Waiting for Bernanke on Stimulus Wrap-Up by DailyFinance Staff Jun 17th 2013 8:35AM There’s new hope that Fed Chairman Ben Bernanke will soothe investor jitters about when and how the central bank will begin to cut back on its market-boosting stimulus...
Just the Thought of Money Corrupts? by Eamon Murphy Jun 17th 2013 8:00AM Can even the concept of money lead to corruption? Researchers from Harvard and the University of Utah thought so. They tested their hypothesis, and the results are disturbing.
Investors Seek Clarity Not Confusion from Bernanke by Reuters Jun 17th 2013 7:09AM With stocks on a downward trend after his recent congressional testimony, Fed Chairman Ben Bernanke must find a way to soothe investor jitters.
Ex-Workers: BofA Lied, Rewarded Foreclosures with Gift Cards by Reuters Jun 16th 2013 6:00PM Six former Bank of America employees have alleged that the bank deliberately denied eligible home owners loan modifications and lied about mortgage payments and documents.
Potato Growers Say Price-Fixing Charge is Half-Baked by The Associated Press Jun 15th 2013 5:00AM A battle between grocers and potato growers has been silently hitting the pocketbooks of consumers.
Stocks in Negative Territory for June; All Eyes on the Fed by DailyFinance Staff Jun 14th 2013 4:30PM The Dow Industrials sank 105 points, while the Nasdaq dropped 21. And a day after its second-biggest advance of the year, the S&P 500 lost 9 points. So what will Bernanke...
Smith & Wesson Earnings Fire Up; Best Buy Boosts Windows by DailyFinance Staff Jun 14th 2013 8:40AM Shares of Smith & Wesson are expected to shoot higher after the gun-maker reported preliminary earnings that beat expectations, following record sales.
Why Gold Has Lost its Luster with Investors by Reuters Jun 14th 2013 6:51AM After rising for 12 consecutive years, gold has entered a bear market having plunged more than 20 percent from its all-time high in 2011.
Upbeat U.S. Economic Data Stops Global Selloff by DailyFinance Staff Jun 13th 2013 4:35PM Before the open, it looked like this week's market losses would continue, following another big selloff in Japan. But some positive economic data managed to stop the bleeding.
Ad Revenue Slips at News Corp.; Lululemon Exec Cashes In by DailyFinance Staff Jun 13th 2013 8:33AM Ad revenue for the coming fall season at News Corp.'s Fox Network is forecast drop 10 percent from a year ago, but rivals CBS and NBC expect modest increases.
Uncertainty Leads Stocks to First 3-Day Losing Streak of 2013 by DailyFinance Staff Jun 12th 2013 4:30PM The equity market got off to a hot start but quickly lost its footing. All three indexes closed lower, with trading more volatile than it's been in months.
India's Apollo Bids $2.5B for No. 2 U.S. Tire Maker, Cooper by Reuters Jun 12th 2013 2:27PM India's Apollo Tyres agrees to buy U.S.-based Cooper Tire for about $2.5 billion in a deal that would make Apollo the world's seventh-largest tire maker.
Zuckerberg Faces Down Sore Investors; KFC's China Sales Off by DailyFinance Staff Jun 12th 2013 8:28AM Facebook CEO Mark Zuckerberg absorbed the ire of shareholders at the company’s first annual meeting since going public, while KFC says sales in China slid 19 percent in May.
Angry Investors Vent at Facebook's First Shareholders Meeting by IBTimes Jun 12th 2013 6:04AM CEO Mark Zuckerberg faces a series of angry comments at Facebook's first shareholders meeting, as investors lined up to question the company's dismal stock performance.
Walgreens Settles Painkiller Case with DEA for $80 Million by The Associated Press Jun 11th 2013 5:30PM Walgreens will pay an $80 million fine for allowing tens of thousands of units of powerful painkillers to illegally wind up in the hands of drug addicts and dealers.
Global Fears Lead to Second Straight Day of Losses by DailyFinance Staff Jun 11th 2013 5:00PM U.S. equities opened with steep declines, following a decision by the Bank of Japan not to adjust its monetary policy. Ongoing EU economic worries also weighed on the market.
Bidding War for Sprint; Dole CEO Offers to Buy Company by DailyFinance Staff Jun 11th 2013 8:35AM The race for Sprint continues to heat up, as SoftBank raises its takeover offer to $21.6 billion and tries to fend off a bid from Dish Network.
SoftBank Sweetens Offer for Sprint by CNNMoney Jun 11th 2013 6:55AM Japan-based SoftBank has increased its offer for wireless carrier Sprint, offering $21.6 billion to help counter an unsolicited bid from Dish Network.
Lululemon CEO Christine Day is Stepping Down by Matt Brownell Jun 10th 2013 5:15PM Lululemon CEO Christine Day will be stepping down after a tenure marked by both solid growth and "see-through yoga pants" scandal.
What to Watch: 2 Conferences, 2 Earnings Reports, 1 DVD Box Set by Rick Aristotle Munarriz Jun 10th 2013 1:00PM From new iProducts to a tax giant's biggest quarterly report of the year, let's go over some of the items that will help shape the week that lies ahead on Wall Street.
Tim Cook Tries to Show Apple's Still Innovative by DailyFinance Staff Jun 10th 2013 8:40AM After a volatile week of trading, investors are trying to figure out whether the heavy selling has run its course, or if it was just a taste of what’s to come.
