Earnings season unofficially kicks off after the markets close Thursday when Alcoa reports. And some big-name beat-and-raise earnings reports could be just the spark to ignite that market-moving dry powder.
Con…
Italian fashion label Prada is considering an IPO with primary listing in Hong Kong, rather than home-base Milan, accroding to reports. Four of its previous attempts at an IPO have been scrapped in the past 10 years, but now th…
Yields on emerging-market debt funds and ETFs are certainly enticing these days, especially compared to U.S. Treasurys. Also attractive are the added benefits of portfolio diversification and currency appreciation. But the risk…
The Dow surged nearly 200 points, while inflation fears propelled gold to another record close.
The Institute for Supply Management said its services index rose to 53.2 last month from 51.5 in August. Economists had expected t…
The ISM services index grew at a better-than-expected pace in September, signaling continued economic growth — and lowering the risk of a double-dip recession. Stock markets are reacting with a powerful surge.
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