Dress Barn Shares on 1Q Earnings and Full-Year View
Shares of Dress Barn Inc. rose after the company boosted its full-year view and announced better-than-expected first-quarter results.
Friday, November 20, 2009
D.R. Horton Sees Loss Narrow; Conditions Still Difficult
Homebuilder D.R. Horton (DHI) reported weaker-than-expected earnings on Friday as the company continues to suffer from an industry undergoing a dramatic restructuring.
Friday, November 20, 2009
Smucker's 2Q Results Easily Top Views
Jelly and jam company J.M. Smucker (SJM) saw profits nearly triple last quarter, as the company added the Folgers coffee brand to its portfolio and saw lower costs across several of its businesses.
Friday, November 20, 2009
Slump Continues at Open as Dollar Gains Steam
Stocks sank lower at Friday's kickoff, putting Wall Street on track for a third-straight daily loss, as commodities fell amid another gain for the rebounding dollar.
Friday, November 20, 2009
Early-Market Movers: Suntech Power Holdings, Netease.com
Early-Market Movers: Suntech Power Holdings, Netease.com
Thursday, November 19, 2009
Blackstone Portfolio Company Reportedly Buying Birds Eye
Blackstone’s (BX) Pinnacle Brands is expected to acquire frozen-vegetable company Birds Eye Foods for more than $1.3 billion, The Wall Street Journal reported.
Thursday, November 19, 2009
Computer Glitch Causing Major Flight Delays
A computer glitch is causing nationwide flight cancellations, Federal Aviation Administration officials said Thursday, but it is not clear how many flights have been affected.
Thursday, November 19, 2009
Early-Market Movers:Vivus, Exelixis
Here are some of the early-market movers for Wednesday.
Wednesday, November 18, 2009
GE, Vivendi Still Mulling Over NBC Universal
GE, Vivendi Still Mulling Over NBC Universal
Wednesday, November 18, 2009
Wells Fargo to Buy Back $1.3 Billion in Auction-Rate Securities
Wells Fargo to Buy Back $1.3 Billion in Auction-Rate Securities
Wednesday, November 18, 2009
Early-Market Movers: Semitool, Cerus
Here are some of the early-market movers for Tuesday.
Tuesday, November 17, 2009
TJX 3Q Net Beats Views; Revenue Soft
Lifted by a 7% rise in same-store sales, TJX Cos. (TJX) posted third-quarter earnings Tuesday that narrowly topped estimates, but the parent of T.J. Maxx and Marshalls posted disappointing revenue.
Tuesday, November 17, 2009
Lazard Taps Jacobs To Succeed Wasserstein
Investment bank Lazard (LAZ) Tuesday named Kenneth Jacobs, 51, its new chairman and chief executive, replacing Bruce Wasserstein, who unexpectedly died last month.
Tuesday, November 17, 2009
Intel Raises Dividend
In another sign of the rebounding tech sector, Intel (INTC) said Monday it will boost its quarterly dividend by 12.5%, pushing the chip maker’s stock up more than 1%.
Monday, November 16, 2009
Goldman Raises Luxury Retailers; Cuts Penney, Dollar Tree
Amid an improving retail picture, Goldman Sachs upgraded luxury retailers Nordstrom (JWN), Coach (COH), Saks (SKS) and Tiffany (TIF) on Monday.
Monday, November 16, 2009
Early-Market Movers: Sprint Nextel, Citigroup
Here are some of the early-market movers for Monday.
Monday, November 16, 2009
Market Winners & Losers: Abercrombie & Fitch, Genzyme
The major indexes closed the week on a winning note, making up most of Thursday’s losses. The Dow closed up 0.7%, the S&P 500 added 0.6% and the Nasdaq gained 0.9%.
Saturday, November 14, 2009
Intel Appoints Douglas Melamed as General Counsel
Intel Corp. announced Friday that it named Douglas Melamed senior vice president and general counsel for the company.
Friday, November 13, 2009
Cavuto: For the Rich, the Tax Apocalypse May Be Here
Missed Friday's Cavuto? Catch "The Deal" right here on FOXBusiness.com
Friday, November 13, 2009
Two Former Madoff Employees Charged with Falsifying Records
Two former computer programmers who worked for Bernard Madoff were charged Friday with falsifying books and records, in connection with Madoff’s multi-billion dollar Ponzi scheme.
Friday, November 13, 2009
Dollar General IPO Priced At Low End of Range
In what may be a reflection of the economic times the nation is living in, low-end retailer Dollar General will debut on the New York Stock Exchange on Friday via a $716 million initial public offering.
Friday, November 13, 2009
Sunoco Shares Dip On Goldman Note
Shares of Sunoco (SUN) slumped Friday morning after Goldman Sachs added the energy company to its Conviction Sell List.
Friday, November 13, 2009
Foreclosure Filings Fall for Third Straight Month
The number of homeowners facing foreclosure fell in October for the third time in as many months, but borrowers on the brink remain at dangerously high levels.
Thursday, November 12, 2009
Intel, AMD Settle Legal Disputes
Chipmakers Intel Corp. (INTC) and Advanced Micro Devices (AMD) Thursday announced a $1.25 billion settlement to their antitrust and patent dispute.
Thursday, November 12, 2009
Kohl's 3Q Profit Up Sharply, But Holiday View Is Soft
Kohl’s (KSS) reported a stronger-than-expected 21% increase in third-quarter net income Thursday, but the retailer issued disappointing guidance for the holiday season.
Thursday, November 12, 2009