Jobs Report Sparks Big Rally; Walmart Holds Its Own Rally by DailyFinance Staff Jun 7th 2013 4:30PM Walmart gave itself a vote of confidence, and the monthly jobs report kicked off a Friday rally on Wall Street. The Dow gained 207 points, its second-biggest advance of 2013.
At Walmart's Annual Meeting: Celebrities, Spin and Dissent by Matt Brownell Jun 7th 2013 12:20PM Walmart's annual shareholders' meeting features plenty of star power, but there are also some unhappy shareholders in the stands.
Walmart Execs' Pay Up for Vote; A Comeback for Avandia? by DailyFinance Staff Jun 7th 2013 8:33AM Walmart holds its annual shareholder meeting today and one big issue is a proposal to tie management pay to keeping the shelves well stocked.
Walmart Shareholders Gather to Focus on Execs' Pay, Ethics by The Associated Press Jun 7th 2013 7:28AM Walmart executives are expected to make the case it is improving the way it does business overseas and outline new growth opportunities at its annual shareholder meeting.
Dow Avoids 3-Day Sell-Off as Stocks End Higher by DailyFinance Staff Jun 6th 2013 4:25PM A big late day turnaround helped the Dow avoid its first three-day sell-off of the year, rallying to close up 80 points. The S&P 500 gained 13 points and the Nasdaq rose...
Sell-Off Has Investors Jittery; Pepsi Rumored Making a Deal by DailyFinance Staff Jun 6th 2013 8:47AM Investors are jittery after Wednesday's big selloff, while Pepsi is rumored to be looking at a big deal.
Has the Fed's Stimulus Created a Stock Market Bubble? by The Associated Press Jun 6th 2013 6:25AM A nervous debate is raging among investors and analysts: Has the Federal Reserve inflated a stock market bubble by driving interest rates to record lows?
Dow Tumbles 216 Points After Big Losses in Overseas Markets by DailyFinance Staff Jun 5th 2013 4:34PM A broad-based selloff on Wall Street followed another bout of heavy selling overseas in trading Wednesday.
Amazon to Sell Groceries; Delta Grounds Memphis Hub by DailyFinance Staff Jun 5th 2013 8:40AM Amazon.com looks to expand its grocery offerings, while Delta pulls the plug on its Memphis hub.
Fed Official's Remarks End Dow's 20-Tuesday Streak by DailyFinance Staff Jun 4th 2013 4:45PM The Dow fell 76 points, ending its streak of 20 straight gains on Tuesday, the longest such winning streak since 1968. Meanwhile the S&P 500 lost 9, and the Nasdaq...
Walmart's Cheap Labor Is Costing It a Fortune by M. Joy Hayes, Ph.D. Jun 4th 2013 4:20PM Some of Walmart's recent woes prove just how expensive low wages and a poorly trained, bare-bones staff can end up can be.
Terrific Tuesday: Why the Dow Loves the 2nd Day of the Week by CNNMoney Jun 4th 2013 9:03AM The Dow Jones industrial average has posted gains every Tuesday for the past 20 weeks, making it the longest winning streak for any day of the week since 1900.
GM, AIG Rejoin S&P Indexes; Microsoft to Restructure? by DailyFinance Staff Jun 4th 2013 8:38AM Four years after being bailed out by the federal government, GM and AIG return to the S&P index of large stocks, while Microsoft reportedly is considering restructuring.
Big Biotech Sell-Off as Dow Rallies, Nasdaq Edges Up by DailyFinance Staff Jun 3rd 2013 4:35PM A split decision on Wall Street, and a big sell-off for biotech stocks. Some of the biggest Nasdaq stocks, and best performers this year, gave back some of their recent gains.
Market Movers This Week: Wintry Earnings and iRadio Buzz by Rick Aristotle Munarriz Jun 3rd 2013 11:38AM Among the things sure to move the market this week, a fast-growing mattress retailer will uncovering its financials and we'll get a raft of fiscal details from retailers.
Apple Defends Itself Against Conspiracy Charges by DailyFinance Staff Jun 3rd 2013 8:52AM Apple defends itself against charges that it conspired to drive up the price of e-books, and Merck reports progress in a drug to treat a deadly form of skin cancer.
Investors Flee SAC Capital as Investigation Ramps Up by CNNMoney Jun 3rd 2013 7:15AM As SAC Capital fights to fend off an insider trading investigation, investors are running away from the hedge fund.
Bank of America Heads to Court Over $8.5 Billion Settlement by Reuters Jun 3rd 2013 6:50AM A long-running fight comes to a head when court proceedings begin over an $8.5 billion settlement between Bank of America and investors in soured mortgage securities.
World Markets Fall on Fed Uncertainty, Wall Street Selloff by The Associated Press Jun 3rd 2013 6:25AM Concerns about whether the Federal Reserve may scale back its bond-buying program and a sharp drop in U.S. stocks last week unnerved investors worldwide Monday.
Stocks Slide; Procter & Gamble Is the Dow's Biggest Loser by DailyFinance Staff May 31st 2013 4:30PM The Dow slid 209 points, ending near its lowest level of the day. All 3 indexes edged lower for the second week in a row, the first back-to-back weekly losses since November.
CNET Founder Bankrupt 5 Years After Firm's $1.8 Billion Sale by Eamon Murphy May 31st 2013 4:30PM In 2008, Halsey Minor made $200 million when he sold CNET Networks to CBS for $1.8 billion. This week, he declared Chapter 7 bankruptcy, listing debts of up to $100 million.
Weird Week: Tesla's Green Cars Win, Trina's Green Energy Loses by Rick Aristotle Munarriz May 31st 2013 4:05PM Among the big wins and rough patches revealed in the business world this week: Tesla ramps up for coast-to-coast drives, and Trina Solar has its share of ups and downs.
Investors Eye May Gains; Rival Luxury Retailers to Merge? by DailyFinance Staff May 31st 2013 9:13AM May has been a typically bad month for stocks in recent years, but the Dow is set to post its seventh straight monthly gain.
European Unemployment Drags on World Markets by The Associated Press May 31st 2013 6:30AM World stock markets slumped Friday after a report showed unemployment hitting an all-time high across the 17 European Union countries that use the euro.
A Former CIA Deputy Director Fell for This Scam. Would You? by Rich Smith May 31st 2013 5:00AM Frank Carlucci was the No. 2 man at the CIA and Reagan's Secretary of Defense, but he didn't use his intelligence to defend himself from getting conned out of $32 million.
Wall St. Shrugs Off Economic News; Finance, Tech Stocks Gain by DailyFinance Staff May 30th 2013 5:10PM Stocks ended higher Thursday. The feeling on Wall Street is that economic numbers and trouble overseas will discourage the Fed from ending its bond-buying program soon.
Warren Buffett Snaps Up NV Energy; Costco Earnings Rise by DailyFinance Staff May 30th 2013 9:08AM Warren Buffett’s Berkshire Hathaway makes another multi-billion dollar acquisition, buying Nevada-based utility NV Energy for $5.6 billion.
Costco Earnings Surge on Higher Sales, Fees by The Associated Press May 30th 2013 7:50AM Costco's fiscal third-quarter net income climbed 19 percent, bolstered by increased sales and more money from membership fees.
Stocks: Investors Gird for Choppy Session Thursday by CNNMoney May 30th 2013 6:56AM U.S. stocks could be choppy Thursday as indexes across Asia tumbled into the red and European markets saw big swings.
Stocks Fall; Dow Average Pulls Back From a Record by The Associated Press May 29th 2013 6:00PM Wall Street's passion for high-dividend stocks is fading. The market closed lower Wednesday, led by rich dividend payers like power utilities and makers of consumer staples.
No, Moms Shouldn't Trade Stocks (But Neither Should Most of Us) by Rich Smith May 29th 2013 4:21PM Last week, billionaire hedge fund manager Paul Tudor Jones made a splash by saying that women shouldn't trade stocks. He's right -- but not for the reasons he thinks.
Nasdaq to Pay $10M to Settle Facebook IPO Claims by Reuters May 29th 2013 2:15PM Nasdaq agrees to pay $10 million to settle civil charges stemming from mistakes made during Facebook's initial public offering last year.
