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 49 minutes ago
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.
Treasury unveils Lew's improved signature
Martin Crutsinger, Associated Press |
posted Jun 18th - 3:38pm
Treasury Secretary Jacob Lew won't win any prizes in penmanship, but his official signature which will go on the nation's currency is at least a slight improvement over the loopy scrawl he had a few months ago.
Waiting for word from Bernanke, stocks move higher
Christina Rexrode, Associated Press |
posted Jun 18th - 3:27pm
It's all about the Fed. Still.
Chrysler agrees to recall of Jeeps at risk of fire
Tom Krisher and Dee-ann Durbin, Associated Press |
posted Jun 18th - 3:12pm
Chrysler abruptly agreed to recall 2.7 million older model Jeeps Tuesday, reversing a defiant stance and avoiding a possible public relations nightmare over fuel tanks that can rupture and cause fires in rear-end collisions.
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.
Taco Bell jumps on protein craze with menu test
Associated Press |
posted Jun 18th - 4:19pm
Taco Bell plans to test a "Power Protein" menu that it's hoping will eventually be hit with its core audience _ young men.
Court: Ex-Im Bank needs to explain Air India loan
Associated Press |
posted Jun 18th - 3:52pm
A federal bank that backed a huge airplane loan for Air India will have to explain that the loan didn't hurt U.S. airlines.
US Treasury bond market at a glance
The Associated Press |
posted Jun 18th - 3:28pm
Hormel, Gevo, Suntech are big movers
The Associated Press |
posted Jun 18th - 3:14pm
Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:
News Summary: Russell 2000 is oh so close to 1,000
The Associated Press |
posted Jun 18th - 2:47pm
ONE DIRECTION: All the major U.S. stock indexes were up Tuesday. Reports of increased home building and low inflation helped boost the market, but the Federal Reserve's Wednesday afternoon news conference was top of mind for many investors.
How the Dow Jones industrial average fared
The Associated Press |
posted Jun 18th - 2:44pm
U.S. stocks moved higher Tuesday, boosted by reports about increased home building and low inflation. But the real emphasis was on the Federal Reserve, which on Wednesday should reveal more about how long it expects to keep in place its programs meant to support the economy.
Markets
DJIA
15318.23
0.00
Nasdaq
3482.18
0.00
S&P 500
1651.81
0.00
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