The price of U.S. benchmark oil rose slightly Tuesday, a day after briefly touching a nine-month high, as traders awaited the start of a Federal Reserve policy meeting.
Lowe's offers to buy Orchard Supply for $205M
Associated Press |
posted Jun 17th - 4:47pm
Lowe's plans to expand its California presence with an acquisition of Sears spinoff Orchard Supply Hardware Stores for about $205 million in cash.
Investors guess Fed's actions, push stocks higher
Christina Rexrode, Associated Press |
posted Jun 17th - 3:50pm
Investors on Wall Street are playing a guessing game with the Federal Reserve.
World looks to Bernanke to clarify stimulus plans
Martin Crutsinger, Associated Press |
posted Jun 17th - 3:39pm
Is the era of ultra-low interest rates nearing an end?
Anger in southern Egypt over Islamist governor
Maggie Michael and Haggag Salama, Associated Press |
posted Jun 17th - 3:21pm
Angry tourism workers and activists in Luxor threatened Monday to block a newly appointed Islamist governor from his office because of his links to a former militant group that killed scores of people in a 1997 attack in the ancient city and devastated Egypt's sightseeing industry.
Starboard says Smithfield sale undervalues company
Michael Felberbaum, Associated Press |
posted Jun 17th - 3:13pm
One of Smithfield Foods Inc.'s largest shareholders says a $4.72 billion takeover bid from China's largest meat producer falls short of what the company would be worth if sold off piece by piece.
Food companies work to make it look natural
Candice Choi, Associated Press |
posted Jun 17th - 2:36pm
Here's the latest goal for food makers: Perfect the art of imperfection.
Chrysler expected to formally refuse Jeep recall
Tom Krisher, Associated Press |
posted Jun 17th - 10:04pm
In one of the biggest-ever showdowns between an automaker and the government, Chrysler on Tuesday is expected to file papers explaining its refusal to recall 2.7 million older Jeep SUVs that are at risk of catching fire in rear-end collisions.
Chrysler expected to formally refuse Jeep recall
Tom Krisher, Associated Press |
posted Jun 17th - 10:04pm
Chrysler is expected to file papers Tuesday explaining its refusal to recall 2.7 million older Jeep SUVs.
Tribune ends bankruptcy stint with lower earnings
Associated Press |
posted Jun 17th - 4:59pm
The company that owns the Chicago Tribune, Los Angeles Times and more than 20 television stations, made slightly less money last year as it ended a lengthy ordeal in bankruptcy court.
Elan holders OK buyback, vote down 3 deals
Tom Murphy, Associated Press |
posted Jun 17th - 4:49pm
Shareholders of Irish drugmaker Elan Corp. PLC have potentially ended a takeover bid from Royalty Pharma by voting in favor of an Elan share buyback plan.
Thrifty says offer of free rental car was mistake
David Koenig, Associated Press |
posted Jun 17th - 4:43pm
Thrifty Car Rental says it's sorry, but many customers who were offered a free one-day rental won't be getting that after all.
US Treasury bond market at a glance
The Associated Press |
posted Jun 17th - 3:24pm
News Summary: On trading floor, a wait-and-see day
The Associated Press |
posted Jun 17th - 3:09pm
HOLDING PATTERN: Trading was light Monday, with investors waiting to see what Federal Reserve Chairman Ben Bernanke will say Wednesday about how long the central bank might keep in place programs meant to stimulate the economy.
How the Dow Jones industrial average fared
The Associated Press |
posted Jun 17th - 3:08pm
U.S. stocks rose Monday, a day with light trading volume and little in the way of major economic or corporate news. Investors are betting that the Federal Reserve will keep in place programs meant to prop up the economy. The Fed holds a two-day policy meeting beginning Tuesday.
Netflix, AK Steel, AMD are big movers
The Associated Press |
posted Jun 17th - 3:03pm
Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:
Markets
DJIA
15179.85
+109.67
Nasdaq
3452.13
0.00
S&P 500
1639.04
+12.31
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