Stocks Edge Lower as Investors Reassess Fed Fears by The Associated Press May 23rd 2013 5:24PM Investors recovered their poise after a shaky start to trading on Wall Street that sent stocks sharply lower.
Proxy Advisory Firm Fined $300K for Alleged Data Breach by Reuters May 23rd 2013 2:25PM ISS settled civil charges by U.S. regulators that an employee of the prominent proxy advisory firm shared nonpublic voting data in exchange for meals and concert tickets.
Retirement Game: Average 401k Balance Reaches Record High by DailyFinance Staff May 23rd 2013 12:15PM Fidelity Investments says the average 401k balance has jumped to a record high of nearly $81,000 dollars in the first quarter. But most workers don't expect to retire at 65.
Specter of Higher Interest Rates Weighs on Markets by DailyFinance Staff May 23rd 2013 9:28AM Fed Chairman Ben Bernanke warns the central bank could begin winding down its bond buying program later this year, adding uncertainty that's likely to weigh on markets.
Tesla Repays $465M Government Loan 9 Years Early by Reuters May 23rd 2013 6:08AM Electric carmaker Tesla has paid off its U.S. Department of Energy loan nine years earlier than required, using money raised last week in a stock and debt offering.
Move Over, Apple: 16 More U.S. Firms Stash Billions Overseas by DailyFinance Staff May 22nd 2013 2:50PM Apple is under fire for keeping billions in profits overseas, where it doesn't have to pay U.S. taxes, but Apple is hardly the only big company dodging the IRS this way.
The 20 Most Valuable Brands In The World by Business Insider May 22nd 2013 10:30AM Every year, BrandZ and Millward Brown Optimor calculate and rank brands based on their global value. These are the 20 most valuable brands for 2013. (Think mobile.)
Saks Weighs Selling Itself; Sony Considers Big Move by DailyFinance Staff May 22nd 2013 8:50AM Shares of the upscale retailer Saks (SKS) are set to rally for a second straight day, following reports that the retailer is reviewing its business strategy.
Target Profit Tumbles on Weak Sales by The Associated Press May 22nd 2013 8:46AM Target says first-quarter profits dropped 26 percent as cool temperatures and financial pressures limited customers' appetite for spending.
Lowe's Profit Hurt by Cooler Weather, Competition by Reuters May 22nd 2013 8:05AM Lowe's reported a weaker-than-expected quarterly profit on Wednesday, hurt by colder-than-usual weather at the start of the spring selling season.
Toll Brothers Profit Rises as Housing Market Rebounds by Reuters May 22nd 2013 7:46AM Toll Brothers posted a 46 percent rise in quarterly profit as the largest U.S. luxury homebuilder sold more homes at higher prices.
Much Remains Unknown About Microsoft's New Xbox One by The Associated Press May 22nd 2013 6:46AM After four years of development, Microsoft unveils the Xbox One entertainment console touting it as an all-in-one solution for playing games, watching TV and more.
Sony Entertains Mulling Activist's Spin-Off Idea by The Associated Press May 22nd 2013 6:24AM Sony says its board will discuss a proposal by U.S. hedge fund manager Daniel Loeb to spin off up to 20 percent of its movie, TV and music division.
Dow, S&P End at Records on Fed Officials' Reassurance by Reuters May 21st 2013 5:05PM US stocks rose on Tuesday, with the Dow and the S&P 500 closing at new all-time highs as Federal Reserve officials' comments eased concerns about the end of stimulus...
Apple's Low Tax Rate Not Our Fault, Ireland Says by Reuters May 21st 2013 1:45PM Ireland says it's not to blame for Apple's low global tax payments and that other countries are responsible for the tax rate paid by the company.
Americans Better at Paying Credit-Card Debt on Time by DailyFinance Staff May 21st 2013 11:50AM The rate of decline for national credit card delinquencies in the first quarter fell 19 percent compared to the prior quarter.
Top 5 Most Valuable Global Brands by CNNMoney May 21st 2013 11:34AM Apple remains the top global brand with an estimated value of $185 billion. Which other companies have brands worth billions?
Scrutiny Awaits Heads of JPMorgan, Apple by DailyFinance Staff May 21st 2013 8:40AM Apple chief Tim Cook testifies on Capitol Hill today about the huge cash horde it has sitting overseas, while JPMorgan CEO Jamie Dimon's fate awaits a shareholder vote.
Home Depot and Lowe's Report in Sandy's Continuing Wake by DailyFinance Staff May 20th 2013 12:50PM Home Depot and Lowe's continue to service the victims of Hurricane Sandy. The reconstruction effort is expected to help both home improvement retailers post strong profits.
