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WRAPUP 1-Data raises questions about strength of U.S. economy
Reuters* U.S. claims rise sharply in latest week * Housing starts drop more than expected in April * Inflation data points to softer demand in economy By Jason Lange WASHINGTON, May 16 (Reuters) - The U.S. economy showed worrisome signs as jobless claims rose...Tags: Finance, Unemployment Benefits, Gasoline Industry, Banking, Market and Exchange
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Wal-Mart reports weak 1st-quarter sales, blames weather, tax issues
Wal-Mart Stores Inc. reported slight upticks in revenue and profit in its first quarter, but the retail behemoth still missed Wall Street’s expectations and watched its stock suffer in morning trading. The Bentonville, Ark., mega-chain blamed...
Tags: Weather, Sears, Economy, Business and Finance, Wal-Mart Stores, Inc., Companies and Corporations
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WRAPUP 2-Evidence mounts on slower U.S. economic growth
Reuters* Mid-Atlantic factory activity contracts in May * U.S. jobless claims rise sharply in latest week * Housing starts drop more than expected in April * Inflation data points to softer demand in economy By Jason Lange WASHINGTON, May 16 (Reuters) - The U....Tags: Economy, Business and Finance, Inflation and Deflation, Unemployment Benefits, Employment Opportunities, Market and Exchange
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Evidence mounts on slower U.S. economic growth
ReutersWASHINGTON (Reuters) - The U.S. economy showed fresh signs of slower growth in the second quarter, with factory activity slipping in the mid-Atlantic region while groundbreaking declined at home construction sites. Other data on Thursday showed a spike...Tags: Finance, Unemployment Benefits, Gasoline Industry, Banking, Productivity
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WRAPUP 1-Wall St commodity slump deepens in Q1, led by Morgan Stanley
Reuters* Morgan Stanley Q1 commodity revenues fall 77 pct * Total commodity revenues on Wall Street down 54 pct-Coalition By David Sheppard and Barani Krishnan NEW YORK, May 15 (Reuters) - Global investment banks suffered another bruising decline in commodity...Tags: Morgan Stanley Dean Witter & Company, Finance, Economy, Business and Finance, Investments, Investment Service
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Macy's earnings, sales rise as it takes business from rivals
ReutersMacy's Inc. reported higher first-quarter net income and gains in a critical sales metric as it took business from rival department store chains. The company also raised its dividend by 25 percent. Macy's shares closed up 2.5 percent, near a year high....Tags: Hardware, JC Penney Company Inc., Kohl's, Earnings, Economy, Business and Finance
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Macy's profit, sales rise even as some shoppers pull back
Reuters(Reuters) - Macy's Inc reported higher first-quarter profit and sales on Wednesday as it won market share from rival department stores. The company's shares closed up 2.5 percent at $48.57, near a year high. The retailer, which operates the Macy's and...Tags: Hardware, Kohl's, JC Penney Company Inc., Economy, Business and Finance, Tools and Hardware
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Cisco profit beats Street, shares rise on outlook
ReutersNEW YORK (Reuters) - Network equipment maker Cisco Systems Inc posted a higher than expected quarterly profit and said current-quarter revenue could increase, giving some relief to investors who had worried it was being hurt by weak technology spending....Tags: Politics, Economy, Business and Finance, Earnings, Cisco Systems Inc., Thomson Corporation
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SunPower forecast tops most estimates, shares up 12 percent
Reuters(Reuters) - SunPower Corp , which makes solar panels and builds power plants with them, on Wednesday said revenue and profits for the rest of the year would be above most analysts' estimates, sending its shares up 12 percent. The news was the latest...Tags: SunPower Corp., Economy, Business and Finance, Thomson Corporation, Warren Buffett, Companies and Corporations
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Deere lowers sales outlook; shares fall
Reuters(Reuters) - Deere & Co issued a cautious fiscal-year outlook that sent its shares down more than 5 percent and overshadowed a rise in quarterly profit. The No. 1 farm equipment maker said on Wednesday that chilly, rainy weather had delayed plantings in...Tags: Weather, Economy, Business and Finance, Labor Markets, Thomson Corporation, Companies and Corporations
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Dell to report earnings a week early, on May 16
ReutersSAN FRANCISCO, May 14 (Reuters) - Dell Inc, mired in a battle between activist investor Carl Icahn and co-founder Michael Dell over its future, said it will report quarterly results on Thursday, May 16, a week ahead of schedule. Dell, in a statement on...Tags: Michael S. Dell, CNBC (tv network), Dell Inc., Thomson Corporation, Carl Icahn
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CORRECTED-Dell to report earnings 5 days early, on May 16
Reuters(Corrrects timing in headline and 1st paragraph to 'five days' from 'a week'; corrects date in 6th paragraph to May 21 from May 23) SAN FRANCISCO, May 14 (Reuters) - Dell Inc, mired in a battle between activist investor Carl Icahn and co-founder...Tags: Michael S. Dell, Thomson Corporation, Dell Inc., CNBC (tv network), Carl Icahn
May 16, 2013
|Story| Reuters
May 16, 2013
|Story| Los Angeles Times
May 16, 2013
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May 16, 2013
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May 15, 2013
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May 15, 2013
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May 15, 2013
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May 15, 2013
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May 15, 2013
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May 15, 2013
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May 14, 2013
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May 14, 2013
|Story| Reuters
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