CEO pay has been going in one direction for the past three years: up.
Stocks fall on news Fed weighed cutting stimulus
Bernard Condon, Associated Press |
posted May 22nd - 4:06pm
The Federal Reserve took financial markets for a ride Wednesday, pushing stock prices up in the morning then sending them down in the afternoon.
Target's 1Q profit drops 29 pct on weak sales
Anne D'innocenzio, Associated Press |
posted May 22nd - 3:17pm
Target Corp. reported a 29 percent drop in first-quarter profit as unusually cool spring weather and financial pressures chilled customers' appetite for spending.
Lowe's 1Q profit rises, but results miss Street
Michelle Chapman and Mae Anderson, Associated Press |
posted May 22nd - 3:11pm
Lowe's said Wednesday that its first-quarter net income rose nearly 3 percent, but results fell short of expectations as rainy weather hurt spring gardening sales.
A divided Fed wrestles with when to slow bond buys
Martin Crutsinger, Associated Press |
posted May 22nd - 2:50pm
The Federal Reserve is torn over when to slow its aggressive efforts to stimulate the economy.
GM recalling Cadillac SUVs to tighten wheels
Associated Press |
posted May 22nd - 5:03pm
General Motors Co. is recalling more than 27,000 Cadillac SUVs worldwide because the wheels can fall off.
Tesla uses stock, note sale to repay government
Tom Krisher, Associated Press |
posted May 22nd - 4:36pm
Tesla Motors, which makes a highly acclaimed $70,000 electric car, has paid off a startup loan from the U.S. government nine years early.
Target, Zale, Saks are big movers
The Associated Press |
posted May 22nd - 3:57pm
Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:
How the Dow Jones industrial average fared
The Associated Press |
posted May 22nd - 3:49pm
Stock indexes fell on Wall Street on fear the Federal Reserve could pull back from its stimulus programs soon.
FDA panel backs experimental Merck insomnia drug
Matthew Perrone, Associated Press |
posted May 22nd - 3:46pm
A federal panel of medical experts said that an experimental insomnia drug from Merck & Co. Inc. appears safe and effective, despite evidence from company trials that the pill can cause daytime sleepiness and difficulty driving.
Penney secures $2.25B loan as it seeks turnaround
Anne D'innocenzio, Associated Press |
posted May 22nd - 3:35pm
J.C. Penney Co. said Wednesday it has secured a $2.25 billion loan, $500 million more than it had expected, as it tries to stop a collapse in its sales.
Summary Box: Stocks close lower on Fed fears
The Associated Press |
posted May 22nd - 3:32pm
MIXED MESSAGES: Stocks surged in the early going after Fed chairman Ben Bernanke told Congress the central bank was unlikely to pull back from its stimulus programs soon. Then minutes from a Fed meeting were released that suggested other policymakers think a pullback is possible as early as next month, and stocks dropped.
US Treasury bond market at a glance
The Associated Press |
posted May 22nd - 3:23pm
Fisher-Price moving, eliminating about 100 NY jobs
Associated Press |
posted May 22nd - 3:22pm
Toy maker Fisher-Price says it's moving or eliminating roughly 100 jobs from its New York operations as part of restructuring by parent company Mattel Inc.
Figures on government spending and debt
Associated Press |
posted May 22nd - 2:18pm
Markets
DJIA
15307.17
-80.41
Nasdaq
3463.30
-38.82
S&P 500
1655.35
-13.81
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