All posts tagged "Wall Street"
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Main Street Holds Up as Wall Street Struggles, for a Change
NEW YORK – Wall Street is hurting, and Main Street doesn’t care. It’s got burgers and cars to buy. Big losses in stock markets around the world this year have the wingtip-set fretting, but regular consumers across...
- Posted February 13, 2016
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US Stocks Stage a late Turnaround, led by the Energy Sector
NEW YORK – Stocks staged a rapid comeback in late-afternoon trading to close solidly higher Wednesday, helped by a surge in the price of oil and a decline in the U.S. dollar. Chipotle Mexican Grill fell as...
- Posted February 3, 2016
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US Stocks Edge Mostly Lower as Energy Prices Plunge Again
NEW YORK – The stock market was able to recover from steep losses to close slightly lower on Monday as investors looked past another steep drop in the price of oil and renewed concerns about economic growth...
- Posted February 1, 2016
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AP Spin Meter: Sanders says he’ll Quickly Break Up big Banks
WASHINGTON – Battling across Iowa ahead of the first-in-the-country vote on Monday, Hillary Clinton and Bernie Sanders are dueling on fertile populist ground: resentment against Wall Street, bailed-out big banks and a financial system seen as rigged....
- Posted January 30, 2016
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Stock Market Skids after Cautious Comments from the Fed
NEW YORK – Stocks sank Wednesday after the Federal Reserve gave a cautious assessment of the global economy and said growth in the U.S. has slowed down. The statement from the Fed smothered a small rally in...
- Posted January 27, 2016
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Boeing Adjusted 4Q Profit Beats, 2016 Outlook Disappoints
CHICAGO – Boeing’s fourth-quarter performance beat analysts’ estimates, but the company’s 2016 outlook came in well below Wall Street’s expectations. Shares fell almost 7 percent in midday trading Wednesday. For the period ended Dec. 31, Boeing earned...
- Posted January 27, 2016
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Dupont Reports 4Q Loss, Steps up Cost Cuts Ahead of Dow Deal
DOVER, Del. – DuPont Co., pursuing a merger with Dow Chemical, tipped to a fourth-quarter loss as volumes declined and the strong dollar weighed on results. The company is ratcheting up spending cuts ahead of the deal,...
- Posted January 26, 2016
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P&G 2Q Profit Jumps 35 Percent on Pricing, Lower Costs
NEW YORK – Procter & Gamble Co. on Tuesday reported a higher quarterly profit that topped expectations as price hikes and cost-cutting offset a decline in sales volume. The world’s largest consumer products maker has been trying...
- Posted January 26, 2016
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GE tops Wall Street Expectations, though Industrial Revenue Slips
General Electric topped Wall Street expectations for the fourth quarter and reaffirmed its target for 2016, but shares slipped before the opening bell as the company’s industrial revenue declined. The industrial conglomerate on Friday reported earnings of...
- Posted January 22, 2016
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US Stocks Rise in Shaky Trading, Led by Utilities
NEW YORK – U.S. stocks struggled through a turbulent day of trading Tuesday and eked out small gains, led by utility and consumer stocks. The price of crude oil continued to fall, and energy and mining stocks...
- Posted January 19, 2016