Japanese investors were giddy with excitement as positive earnings reports and the announcement of a major merger flooded the news. The Nikkei 225 advanced 1.1% on Friday, while markets in Hong Kong and China remained closed fo…
Much to retailers’ surprise, old man winter didn’t deter consumers from the post-holiday clearance sales. Merchants posted better-than-expected January results despite the dreadful weather that had caused many analysts to cool …
News Corp. more than doubled its earnings for the fiscal second quarter, the company announced Wednesday. Part of the gain comes from a settlement charge a year earlier, which dampened year-ago earnings on a one-time basis. The…
Investors and traders greeted Dow 12,000 with cheers Tuesday after the blue-chip index closed at the highest level since 2008. Where do we head from here? It all depends on the economy. And considering the possible headwinds, t…
Wall Street shrugged off instability in Egypt to rally to a two-and-a-half year high Tuesday, boosted by encouraging economic data and better-than-expected corporate earnings.
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