Tag Archives: companies
US stocks edge higher in early trading
NEW YORK (AP) — Stocks edged higher in early trading on Wall Street, led by gains for financial companies, putting markets back at record levels. Continue reading
Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses In Excess Of $100,000 Investing In The Phoenix Companies, Inc. To Contact The Firm
NEW YORK, May 3, 2013 /PRNewswire/ –Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at The Phoenix Companies, Inc. Continue reading
Earnings schedule for week of 5/6/2013
Major companies scheduled to report quarterly earnings next week: Monday ArcelorMittal, the Luxembourg-based steel company, reports quarterly financial results. Continue reading
Foreclosure compensation checks arrive, but anger some homeowners
Millions of American homeowners who have struggled with foreclosures are now receiving checks for compensation from the companies that serviced their mortgages — part of the federal government’s efforts to resolve the foreclosure crisis. But some of those receiving checks tell NBC News that the payments are an insult that neither punishes the banks enough for “deficient” practices nor helps harme… Continue reading
Stocks up in midday trading as spending rises
NEW YORK (AP) — Technology companies led the stock market higher Monday, pushing the Standard & Poor's 500 index back up to the record high it reached earlier this month. Continue reading
News Summary: Tech leads S&P 500 to new high
TECH’S TURN: Technology companies led the Standard & Poor’s 500 index to an all-time closing high Monday. Information technology stocks rose the most of the 10 industry groups in the S&P 500 index, 1.6 … Continue reading
U.S. earnings beating forecasts but jury’s out on rest of season
By Caroline Valetkevitch and Ben Berkowitz NEW YORK (Reuters) – U.S. companies have easily beaten expectations for first-quarter earnings so far in the reporting season, but nearly half of the members of the S&P 500 are yet to announce results and they are unlikely to be as robust. With results in from 271 of the S&P 500 companies, year-over-year earnings growth is projected at 3.9 percent, compared with a forecast for 1.5 percent growth at the start of the earnings season, Thomson Reuters data shows Continue reading
China March Industrial Profit Growth Slows Sharply Amid Weak Domestic Demand
Profits of China’s large industrial companies showed much slower growth in March than in the first two months of the year, suggesting that the nation’s key industries are still struggling with weak demand and overcapacity. Continue reading
Stocks sputter on tepid US economic growth
NEW YORK (AP) — The stock market sputtered Friday after the U.S. economy didn't grow as much as hoped. Neither did earnings from a handful of big companies. Continue reading
