Hartford Financial reported a swing to profit for the second quarter, helped mainly by improved underwriting results in property and casualty business, and contribution from Talcott Resolution, while the prior year included a one-time loss from discontinued operations. Hartford's quarterly earnings easily topped Wall Street estimates...
Stocks moved notably lower over the course of the trading day on Monday, extending the downward move seen over the past several sessions. With the drop, the Dow ended the session at its lowest closing level in almost six months.
U.S. crude oil ended lower for a fourth straight session Monday, on supply glut worries and demand growth concerns after global equity markets deeply in the red, with the Shanghai stock market plummeting over 8 percent.
The drop comes even as the U.S. dollar slipped against most major currencies,...
President Barack Obama lashed out at some of the Republican presidential candidates in remarks on Monday, accusing the GOP contenders of spouting "ridiculous" rhetoric in their bids to succeed him.
Gold futures rebounded to end higher on Monday, as the dollar trended lower against a basket of major currencies and on safe haven demand as world wide equity markets continued to decline, led by a sharp sell-off on the Shanghai market.
Gold prices climbed after the U.S. dollar slipped against most...
After coming under pressure at open, stock continue to see notable weakness in mid-day trading on Monday. The major averages are moving lower for the fifth straight session, with the Dow falling to its lowest levels in nearly six months.
In a rare Sunday session, the Senate voted to limit debate on a measure to reauthorize the U.S. Export-Import Bank. The Senate voted 67 to 26 to invoke cloture on the amendment to a multi-year highway funding bill.
Stocks moved notably lower at the start of trading on Monday, extending the downward trend seen over the past several sessions. The major averages have climbed off their lows since the open but remain in negative territory.
Japanese gaming giant Nintendo Co. Ltd. is planning to foray into the health industry with a sleep monitoring device, according to members of video game forum NeoGAF, who discovered the patent application submitted by Nintendo for a sleep monitoring device. However, it is not known when Nintendo is planning to actually launch the sleep monitoring device.
After reporting a sharp drop in new orders for U.S. manufactured durable goods in the previous month, the Commerce Department released a report on Monday showing that orders rebounded strongly in the month of June.
Stocks are likely to come under pressure in early trading on Monday, extending the steep downward move seen last week. The major index futures are currently pointing to a lower open for the markets, with the Dow futures down by 121 points.
Germany's business morale unexpectedly improved in July after concerns due to the uncertainty regarding Greece and its future in euro eased, results of a key survey revealed Monday. The Ifo Business Climate Index for German trade and industry rose to 108 from June's revised 107.5, a four month-low. Economists had expected the measure to edge up a point from June's 107.4 original score.
Early indications suggest that Wall Street stocks may open lower for the fifth straight session on Monday, even as commodities seek to stall their losses. Global cues are negative, with Asian stocks, with the exception of Australia, retreating, while the European markets are also trading notably lower...
Teva Pharmaceutical Industries Ltd. (TEVA) Monday said it has signed a definitive agreement with Allergan Plc. (AGN) to acquire Allergan Generics in a cash and stock transaction valued at $40.5 billion. The stock climbed over 11 percent in pre-market activity.
Low fare airline Ryanair Holdings Plc. (RYA.L, RYAAY) Monday reported higher profit in its first quarter, boosted by increased traffic and load factor. Looking ahead, the company remains cautious about weak prices and yields this winter. Ryanair shares were trading around 3 percent lower in London.