The prospect of more economic stimulus from the Federal Reserve is pushing the Standard & Poor’s 500 index to a fourth consecutive record close.
Whirlpool, Delta Air Lines and Kimberly-Clark rose sharply after reporting higher quarterly earnings.
The S&P 500 rose 10 points, or 0.6 percent, to 1,754 Tuesday.
The Dow Jones …
(BANGKOK) — Asian stock markets wavered Tuesday as investors battened down for U.S. earnings and the September employment report that was delayed by the government shutdown.
Benchmarks in Hong Kong, China, Taiwan and South Korea fell while Japan and Australia posted modest gains. Stock markets in Southeast Asia were mixed. Oil …
(NEW YORK) — The Standard & Poor’s 500 index eked out the smallest of gains to set a record high Monday as investors assessed third-quarter earnings news.
Earnings will hold investors’ attention this week as major U.S. companies including McDonald’s, Boeing and Procter & Gamble report their results. Rising profits have been one of …
Over the past twenty years, Steve Cohen built his hedge fund SAC Capital into one of the largest and most successful operations on Wall Street, making himself into a billionaire nine times over. But Cohen’s long and illustrious …
(NEW YORK) — The New York Stock Exchange isn’t taking any chances with Twitter’s initial public offering.
The Big Board said Friday it would allow trading firms to conduct a dry run of their systems to prepare for Twitter’s IPO. The exchange seems to want to avoid the technical problems that marred Facebook’s debut on the Nasdaq …
Milestone after stronger-than-expected earnings
(NEW YORK) — Strong third-quarter results have sent Google shares past the $1,000 mark for the first time.
Shortly after the markets opened Friday, Google Inc. shares jumped more than 12 percent to $1,002. The stock had never before surpassed $928 in regular market trading since Google went public at $85 per share nine years …
(BANGKOK) — An acceleration in China’s economic growth boosted world stock markets Friday after a short-term deal to raise the U.S. borrowing limit pushed Washington’s budget battle into the background.
China’s economic growth rebounded in the latest quarter to 7.8 percent from a two-decade low of 7.5 percent in the second quarter, …
(SAN FRANCISCO) — Here’s a new twist on fantasy sports: a San Francisco startup is offering a chance to bet on the moneymaking potential of star athletes.
The unusual investment opportunity kicked off Thursday with an IPO filing proposing to sell stock for a stake in the future income of the Houston Texans’ Arian Foster, a top …
Trading follows deal in Congress to avert default
Goldman Sachs says its third-quarter profit was flat while revenue fell sharply as trading in bonds and other securities slowed.
Goldman Sachs earned $1.43 billion after paying dividends on preferred shares, down slightly from $1.46 billion in the same period a year earlier.
That worked out to $2.88 per share, up from $2.85 per …
