Stocks are drifting lower on Wall Street as investors hold back ahead of a policy announcement from the Federal Reserve.
Stocks edge lower as investors wait on Fed
Steve Rothwell, Associated Press |
posted 52 minutes ago
The stock market is waiting on the Fed.
Men's Wearhouse ousts founder, pitchman Zimmer
Anne D'innocenzio, Associated Press |
posted 54 minutes ago
Apparently, Men's Wearhouse Inc. doesn't like the way its founder looks anymore.
Stocks edge lower as investors wait for the Fed
The Associated Press |
posted Jun 19th - 7:44am
Stocks are edging lower in early trading on Wall Street as investors hold back ahead of a policy announcement from the Federal Reserve.
FedEx 4Q profit drops as priority services lag
David Koenig, Associated Press |
posted Jun 19th - 6:49am
FedEx Corp.'s fourth-quarter profit fell 45 percent as international customers traded down to less-expensive delivery options.
US futures waver in light trading
Associated Press |
posted Jun 19th - 6:12am
U.S. stock futures are mixed in light trading with investors holding back before the Federal Reserve reveals its stance on the economy.
Oil rises near $99 a barrel before Bernanke speaks
Pablo Gorondi, Associated Press |
posted Jun 19th - 5:56am
The price of oil rose to near $99 a barrel on Wednesday, driven by a report of falling U.S. stockpiles of crude and ahead of the conclusion of a meeting of the Federal Reserve.
Japan's trade deficit climbs to $10.5B in May
Elaine Kurtenbach, Associated Press |
posted Jun 19th - 1:15am
Japan's trade deficit rose nearly 10 percent in May to 993.9 billion yen (nearly $10.5 billion), highlighting the challenge Prime Minister Shinzo Abe faces in revitalizing manufacturing as industries increasingly shift production offshore.
A guide to the Federal Reserve's events Wednesday
Martin Crutsinger, Associated Press |
posted Jun 18th - 10:03pm
Worry and speculation have consumed investors since Chairman Ben Bernanke spoke to Congress last month about the Federal Reserve's drive to keep long-term interest rates at record lows.
Bluebird Bio shares rocket higher in trading debut
Associated Press |
posted 42 minutes ago
Shares of gene therapy developer Bluebird Bio Inc. are surging in their trading debut.
United Tech sees impact from order on fraud charge
Associated Press |
posted 47 minutes ago
United Technologies Corp. says a federal court ordering it to pay $473 million plus interest to compensate for alleged fraud in its sale of fighter jet engines will cut revenue and profit.
US crude oil supplies grew by 300,000 barrels
Associated Press |
posted 54 minutes ago
The nation's crude oil supplies increased last week, the government said Wednesday.
Clark and Thunell join board of Blackstone company
Associated Press |
posted Jun 19th - 9:01am
The Blackstone Group LP said Wednesday that General Wesley Clark and Lars Thunell have joined the board of its newly formed power development company Fisterra Energy.
Cyprus okays gas plant deal with Noble, Delek
Menelaos Hadjicostis, Associated Press |
posted Jun 19th - 7:43am
Cyprus' deputy government spokesman says the Cabinet has ratified a preliminary agreement with U.S. firm Noble Energy and its Israeli partners Delek Drilling and Avner Oil Exploration on their participation in the development of a planned natural gas processing facility.
Dish won't submit revised bid for Sprint
Associated Press |
posted Jun 18th - 7:11pm
Satellite TV operator Dish Network Corp. said Tuesday it would not submit a revised bid for Sprint, leaving the path open for the wireless carrier to accept what it already considers a superior offer from Japan's Softbank.
SEC to require mea culpas in some big settlements
Marcy Gordon, Associated Press |
posted Jun 18th - 6:51pm
The chairman of the Securities and Exchange Commission says the agency will start requiring companies and individuals to admit wrongdoing in some big settlements.
Markets
DJIA
15306.82
-11.41
Nasdaq
3475.44
-6.74
S&P 500
1648.93
-2.88
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