ThinkstockThe global economy will expand at 3.7% this year, the International Monetary Fund (IMF) forecast in its latest World Economic Outlook, released Tuesday. That is up from a 3.6% forecast back in October. The…
Activist investor Nelson Peltz was named to the board of snack food company Mondelez Tuesday, likely to avoid a proxy fight, and he says that he is no longer pushing for a merger deal…
Verizon Communications reported better-than-expected fourth-quarter and full-year 2013 results before markets opened Tuesday morning.
ThinkstockThe magnitude of the debacle at Best Buy during December was not something Wall Street expected. Most firms had fallen in love with the story, and Best Buy was seen as the proverbial Phoenix…
Wikimedia CommonsAlmost 1.8 million pounds of Kraft Velveeta Cheesy Skillets Singles Ultimate Cheeseburger Mac are being recalled because some labels did not include soy, a common allergen, among the ingredients. The product contains hydrolyzed…
ThinkstockShares in China had a rough start to the week as the Shanghai Composite Index fell below 2,000 Monday for the first time in almost six months. New data showed that factory output and…
Ford has an ambitious plan to introduce 23 new vehicles around the world this year. That is the most in a single year in the company's history. They include the revamped F-150 and Mustang.
IBM is once again looking to shed its low-end server business, and Dell is rumored to be interested. A deal to sell the business to China's Lenovo Group fell through last spring when the…
Anheuser-Busch InBev announced Monday that it has reached an agreement to reacquire Oriental Brewery from private equity firms KKR and Affinity Equity Partners for $5.8 billion.
Wealthy elites have co-opted political power to rig the rules of the economic game, warned Oxfam in a new report published ahead of this week's World Economic Forum in Davos.
One thing is for sure as the new year in trading has started to unfold. We have not met a firm on Wall Street that does not like technology for 2014. For once, maybe…
As we have looked through research from the firms that we cover on Wall Street, we find that almost everybody expects a pullback. None that we have seen could be as large as the…
Schlumberger reported fourth-quarter and full-year 2013 results before markets opened Friday morning, a day after the board of directors approved a 28% increase in the quarterly dividend.
American Express cited increased spending and borrowing by cardholders during the holiday season as a reason its fourth-quarter net income more than doubled.
Following an unexpected jump last month, builder confidence has essentially leveled out, according to the NAHB. Many markets continue to improve, which bodes well for future home sales.
Best Buy shares were crushed in premarket trading Thursday after the company reported disappointing holiday sales and forecast a larger-than-expected decline in quarterly operating margins.
Citigroup shared its fourth-quarter and full-year 2012 results before markets opened Thursday morning. The bank missed on both the top and bottom lines for both periods.
After a strong 2013 where the S&P 500 was up almost 30%, you would think that most stocks would be close to being fully priced. That's not what Thomas Lee, the chief equity strategist…
Before markets opened Thursday morning, UnitedHealth Group reported fourth-quarter and full-year 2013 results that topped consensus estimates on the top and bottom lines.
ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a increase of 11.9% in the group’s seasonally adjusted composite index. The previous week’s results included an adjustment for…