Investors recovered their poise by midday Thursday after an early sell-off sent stocks sharply lower.
US new home sales up 2.3 percent in April
Martin Crutsinger, Associated Press |
posted May 23rd - 10:24am
U.S. sales of new homes rose in April and nearly matched the fastest pace in five years, driving the median price to a record high. The gains suggest the housing recovery is strengthening.
Ralph Lauren's 4Q profit rises 35 pct
Anne D'innocenzio, Associated Press |
posted May 23rd - 10:05am
Ralph Lauren Corp. reported a 35 percent increase in fourth-quarter profit as the luxury retailer benefited from lower cotton prices and cost controls.
Oil falls on concerns for China demand, Fed policy
The Associated Press |
posted May 23rd - 10:00am
The price of oil fell Thursday as weak manufacturing data from China raised questions about the strength of oil demand in the world's No. 2 economy.
US stock market recovers most of an early loss
The Associated Press |
posted May 23rd - 9:55am
Stock prices are slightly lower at midday on Wall Street after manufacturing contracted unexpectedly in China this month.
Shareholder adviser firm paying $300,000 fine
Associated Press |
posted 19 minutes ago
A well-known firm that advises big shareholders on how to vote in elections for company directors is paying a $300,000 fine to settle federal civil charges of failing to protect clients' confidential voting information.
Rue21 agrees to go private in nearly $1B deal
Associated Press |
posted May 23rd - 9:58am
Clothing and accessories company Rue21 has agreed to be taken private in nearly $1 billion deal with private equity firm Apax Partners.
CEO Pay: It's good to be in health care
The Associated Press |
posted May 23rd - 9:33am
Here's a look at median CEO pay by industry last year, as calculated by executive pay research firm Equilar. For the fourth time in five years, health care CEOs got the most pay and utilities CEOs got the least.
CEO raises, pay cuts; What a change 1 year makes
The Associated Press |
posted May 23rd - 9:33am
Here's a look at the CEOs that received the biggest raises and the biggest pay cuts in 2012 compared with 2011, as calculated by the executive pay research firm Equilar and The Associated Press.
Say on pay: Shareholders rarely reject CEO pay
The Associated Press |
posted May 23rd - 9:31am
Big U.S. companies are required to offer their shareholders a "say on pay" vote _ essentially, a chance to weigh in on whether they think the CEO and other top executives are getting paid too much.
Top 50 highest-paid CEOs
The Associated Press |
posted May 23rd - 9:31am
A look at the 50 highest-paid CEOs of 2012, as calculated by executive pay research firm Equilar.
With great power comes great perks
The Associated Press |
posted May 23rd - 9:30am
Here's a look at what companies spent in 2012 on CEOs' country club and business club memberships, private jet travel and home security.
Sales gains lift Dollar Tree's 1Q profit 15 pct
Michael Felberbaum, Associated Press |
posted May 23rd - 9:01am
Discount retailer Dollar Tree Inc. said Thursday that its net income increased 15 percent in the first quarter as consumers spent more at its stores, which sell goods for $1 or less.
ECB official: New bank authority 'indispensable'
David Mchugh, Associated Press |
posted May 23rd - 8:59am
A top European Central Bank official is calling for quick creation of an agency with powers to restructure and wind down busted banks, in an apparent pushback against Germany's insistence that such fundamental changes should take time.
Marathon Oil says talks end on possible stake sale
Associated Press |
posted May 23rd - 8:54am
Marathon Oil said Thursday that talks on a potential sale of part of its stake in the Athabasca Oil Sands Project in Canada have ended.
Markets
DJIA
15275.76
-31.41
Nasdaq
3453.35
-9.95
S&P 500
1647.96
-7.39
Most Popular
CNBC Top Headlines
ISS Settles Charges With SEC
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