The three major US stock indexes opened somewhat lower this morning following an announcement from the Bank of England that it would not change interest rates nor asset purchases. In Asia, the…
Updated throughout the day on the 24/7 Wall St. Wire: Several of the largest retailers in the country, including Wal-Mart Stores Inc. (NYSE: WMT) and Target Corp. (NYSE: TGT), will launch a…
Target Corp. (NYSE: TGT) reported second-quarter earnings per share (EPS) of $1.12 and $16.78 billion in revenues before markets opened this morning. In the same period a year ago, the big-box retailer…
Wal-Mart Stores Inc. (NYSE: WMT), CVS Caremark Corp. (NYSE: CVS), 7-Eleven Inc., Sunoco Inc. (NYSE: SUN) and other well-known retailers are expected to announce that they have banded together to develop a…
Standard Chartered pays a New York bank regulator $340 million to settle money laundering charges that involved Iran. (Reuters) The New York Times Company (NYSE: NYT) names BBC General Director Mark Thompson…
The three major US stock indexes opened higher this morning following data showing that GDP in several countries grew better than expected (more coverage here). Which indicates that if the bar is…
TJX Companies (NYSE: TJX) reported earlier this morning that its second-quarter profit came to $421 million, or $0.56 per share, and revenue totaled $6 billion. The results were up from $348.3 million,…
Wikimedia CommonsOn Friday, J.C. Penney Company, Inc. (NYSE: JCP) reported very disappointing second-quarter results, reporting a loss of 37 cents a share after the company sales dropped 22.6% from the year earlier period. However,…
U.S. stock futures are marginally lower this morning, suggesting the S&P 500 Index could halt its longest advance in 20 months. Reports of slowing growth in Japan fueled concern that the global…
The three major US stock indexes opened lower this morning following more data from China. Both export and import data fell short, weighing on most Asian markets (more coverage here). There was…
Wikimedia CommonsJCPenney Co. Inc. (NYSE: JCP) reported an adjusted second-quarter net loss of $0.37 per share and $3.02 billion in revenues before markets opened today. EPS for the same period a year…
Companies often tout their workplaces as an inviting environment for employees. Yet many are far from it, and employees at many of America’s largest corporations dislike, or even hate, their jobs. With…
NokiaMobile phone maker Nokia Corp. (NYSE: NOK) has agreed to sell a portfolio of more than 500 patents to Vringo Inc. (NYSEMKT: VRNG) for an undisclosed sum. Nokia will retain some ongoing…
Vringo Inc. (NYSEMKT: VRNG) is the latest company to surge on patent news. We have seen news that the video ringtone company has reached a settlement with AOL Inc. (NYSE: AOL), and…
The jobs situation may have been weak enough to spur Fed action. (Reuters) As Facebook Inc. (NASDAQ: FB) shares fall, insiders will be able to sell shares. (Reuters) GlaxoSmithKline PLC (NYSE: GSK)…
