Loading
A slump in McDonald's stock drags Dow lower
A slump in McDonald's stock drags Dow lower
The Dow was held back by a slump in McDonald's stock Wednesday, leaving it short of a record. The Dow Jones industrial average shed 35.79 points to close at 13,982.91. The Dow has gained 6.7 percent this year and is just 182 points below the record close of 14,164 it set in October 2007. McDonald's

read more

A slump in McDonald's stock drags Dow lower
A slump in McDonald's stock drags Dow lower
The Dow was held back by a slump in McDonald's stock Wednesday, leaving it short of a record. The Dow Jones industrial average shed 35.79 points to close at 13,982.91. The Dow has gained 6.7 percent this year and is just 182 points below the record close of 14,164 it set in October 2007. McDonald's

read more

Ahead of the Bell: Cliffs Natural Resources
Ahead of the Bell: Cliffs Natural Resources
Shares of Cliffs Natural Resources tumbled 13 percent before Wednesday's opening bell, after the mining company announced a hefty fourth-quarter loss that stemmed from $2 billion in impairment charges. The company also on Tuesday slashed its quarterly dividend to 15 cents from 62.5 cents and said i

read more

Ahead of the Bell: Groupon upgraded, shares rise
Ahead of the Bell: Groupon upgraded, shares rise
Shares of Groupon climbed in premarket trading Wednesday after an analyst upgraded the company, saying he sees potential in the company's changing business model in the long term. Arvind Bhatia of Sterne, Agee & Leach raised Groupon Inc. to "Buy" from "Neutral" and set a price target of $9 on the s

read more

Oil gains on report showing lower US crude stocks
Oil gains on report showing lower US crude stocks
The price of oil moved up closer to $98 a barrel Wednesday, spurred on by a report indicating a fall in U.S. crude stockpiles. By early afternoon in Europe, benchmark oil for March delivery was up 33 cents to $97.84 a barrel in electronic trading on the New York Mercantile Exchange. On Tuesday, it r

read more

How the Dow Jones industrial average did Tuesday
How the Dow Jones industrial average did Tuesday
The Dow Jones closed at its highest level of the year Tuesday. The index is less than 1 percent away from its record set in October 2007. The Standard & Poor's 500 also gained. The Dow Jones industrial average rose 47.46 points, or 0.3 percent, to 14,018.70. The S&P 500 gained 2.42, or 0.2 percent,

read more

Avon, Facebook, Apple are market movers
Avon, Facebook, Apple are market movers
Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market: NYSE Avon Products Inc., up $3.51 to $20.79 Fourth-quarter earnings were far better than anyone expected, turning the long-suffering cosmetics company into the biggest gainer on the S&P

read more

Dow Jones industrial average closes at its highest level this year, nearing record
Dow Jones industrial average closes at its highest level this year, nearing record
Dow Jones industrial average closes at its highest level this year, nearing record.

read more

Movers roundup: Avon, Masco move higher
Movers roundup: Avon, Masco move higher
Among the stock activity stories for Tuesday, Feb. 12, from The Associated Press: — Avon Products Inc. was the biggest gainer of the Standard & Poor's 500 index after the direct seller of beauty products' adjusted fourth-quarter profit came in well ahead of Wall Street predictions. That prompted h

read more

Government boosts forecast for pump prices
Government boosts forecast for pump prices
First it was a tax hike. Now consumers are looking at a higher than expected gasoline bill for 2013. The government on Tuesday boosted its forecast for gasoline prices this year by 11 cents to an average of $3.55 a gallon. That would be the second-highest annual average ever, behind last year's $3.6

read more

Yen strengthens against dollar after G-7 statement
Yen strengthens against dollar after G-7 statement
The Japanese yen gained strength against the dollar Tuesday, after the Group of Seven countries said that volatile currency movements could hurt the global economy. In late Tuesday trading, the U.S. dollar dropped to 93.52 yen, down from 93.70 yen late Monday. The yen had been trading at its lowest

read more

Likely Treasury chief Lew faces early budget tests
Likely Treasury chief Lew faces early budget tests
The to-do list that awaits Jacob Lew, President Barack Obama's choice to be Treasury secretary, is daunting. Bridge disputes in Congress on taxes and spending. Shrink budget deficits. Manage tense economic ties with China. Press Europe to reduce debts while fighting a recession. Defend the U.S. fin

read more

News Headlines.com

  • List View
  • Grid View
Close
Contact Us
Send Feedback X