Market Info & News
Stock Futures Signal Higher Open
Futures pointed to an early uptick for equities on Wall Street on Wednesday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 rising 0.2 to 0.3 percent.
Sprint Nextel Loss Widens on iPhone Costs
The mobile operator had a wider fourth-quarter loss as costs from Apple's blockbuster phone weighed down the No. 3 company in the sector.
Time Warner Beats Estimates, Boosts Dividend
Fourth-quarter earnings grew slightly as revenue rose 5 percent, driven by the movie studio and its cable TV networks.
Mortgage Applications Jump on Refi Demand: Survey
Applications for home mortgages jumped last week, fueled by increased demand for refinancing as interest rates fell, an industry group said on Wednesday. The Mortgage Bankers Association said its seasonally ...
Euro Zone Rescue Fund Sees 'Significant' Role on Greece
The plan will be to set Greece's debt back on a sustainable path and provide more bailout funding.
Nokia to Cut 4,000 More Jobs
The struggling Finnish phone maker will reduce its work force at plants in Finland, Hungary and Mexico as it seeks to cut costs.
Stocks to Watch Wednesday: Cisco, Nokia, Disney
Sprint reports a wider-than-expected loss as subsidy costs rise amid high iPhone demand.
For the Dow, Reclaiming 13,000 Is Next Milestone
Just last summer the Dow Jones Industrial Average shed 2,000 points in three terrifying weeks. Investors had a host of things to worry about, including the possibility of another recession. Only months later, the index has stormed back.
Glencore-Xstrata Deal Revives M&A
Glencore International Plc's $41billion purchase of Xstrata Plc (XTA) , the biggest takeover in almost three years, may help restore confidence in dealmaking amid evidence global economic turmoil is subsiding. ...
BlackRock's Fink: Investors Should Be 100% in Equities
Investors should have 100 percent ofinvestments in equities because of valuations and higher returnsthan bonds, said Laurence D. Fink, chief executive officer of BlackRock Inc. (BLK) , the world's largest ...