NEW YORK (CNNMoney) — Microsoft’s sales growth for Xbox and Kinect slowed sharply last quarter, but other sectors like Windows helped the company post earnings that beat analysts’ estimates. Microsoft (MSFT, Fortune 500) pulled in earnings of 60 cents per share on sales of $17.4 billion for its fiscal third ...
Boo! Stocks tumbled on Friday the 13th after disappointing earnings and concerns about China. The sell-off is the latest worry in what’s been a tough April for the market. NEW YORK (CNNMoney) — China is slowing, inflation is sleeping, bank stocks are slipping and Google is splitting.
Stocks indexes closed Thursday mixed, despite jobless claims data showing improvement in the labor market, which helped offset revived concerns about the euro zone’s fiscal stability. In another indication that the U.S. labor market is slowly improving, government data on Thursday showed the number of Americans filing claims for new ...
U.S. stocks fell for a second day Wednesday as investors faced the prospect of no new monetary stimulus from the Federal Reserve and as a poorly received bond auction in Spain suggested the effects. Selling was broad as indexes tracking nine of the 10 S&P 500 sectors were lower, with ...
TORONTO — Struggling BlackBerry maker Research in Motion Ltd. said Thursday that it will cede most consumer markets after failing to compete with flashier touch-screen phones such as Apple’s iPhone and models that run Google’s Android software. Instead, RIM said it will return to its roots and focus on ...
Stocks struggled near four-year highs Tuesday, while a number of large-cap stocks hit new highs as portfolio managers grabbed top performers as the end of the quarter approached. With the quarter ending Friday, portfolio managers adjusted holdings by buying some of the best performers to dress up their portfolio. About ...
NEW YORK — Investors are beginning to wonder if this Energizer Bunny of a rally can just keep going without taking a break or a fall. Every Friday for the past couple of months, the question has hung in the back of investors’ minds: Is the stock market’s rally ...
The S&P 500 rose slightly on Friday and saw its best week in about three months as investors continued to propel equities near four-year highs. Two slightly softer economic reports curbed broader gains, keeping both the Nasdaq and Dow, which has risen for seven straight sessions, near break-even territory. Both ...
The S&P 500 has more than doubled in value since its March 2009 lows, and experts think the bull market rally has more room to run. NEW YORK (CNNMoney) — The bull market entered its fourth year this week, and while stocks have had an impressive run-up from the March ...
The Federal Reserve said that recent strains on financial markets were easing, and the economy was “expanding moderately,” though growth still faced significant downside risks. The assessment of the economy’s expansion was unchanged from the Fed’s January statement. Recently, Wall Street was unnerved after Fed Chairman Ben Bernanke stopped short ...
U.S. stocks rose on Thursday as Greece moved closer to concluding a bond swap with private creditors that is needed to avoid a messy default. The S&P 500 continued to claw back from a string of losses that drove the index down more than 2 percent in three sessions. Even ...
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. DisclaimerLIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © ...
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. DisclaimerLIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © ...
U.S. stocks advanced on Thursday, reversing declines from the previous session, after some positive data on the labor market and solid monthly sales from retailers encouraged buying. But gains were muted as this year’s rally, which has pushed major indexes to multi-year highs, has left some investors leery of a ...
U.S. stocks slipped Wednesday as U.S. Federal Reserve Chairman Ben Bernanke’s comments were viewed as a bit more hawkish, but reports suggesting more improvement in the economy curbed losses. The three major U.S. stock indexes ended lower, snapping a four-day streak of gains. Still, the broader market, as measured by ...
Big, round numbers are hard to ignore. That’s why we pay attention when the odometer clicks over to 100,000 miles, and why the world threw a party at the dawn of 2000 instead of the technical start of the millennium in 2001. It’s no different on Wall Street. When ...
U.S. stocks rose on Monday, led by bank shares after Greece’s parliament approved reforms needed to qualify for a cash disbursement and avoid an unruly default. Greek lawmakers backed drastic cuts in wages, pensions and jobs on Sunday as the price of a 130 billion euro ($170 billion) bailout by ...
