News ) - Wall Street gave up sharp gains and closed lower Wednesday after the Federal Reserve cut interest rates by a quarter point but left investors guessing about the central bank's next move. The …
The Dow and S&P ran into some big round numbers today at 13,000 and 1400, respectively. It will likely take some doing to surmount those numbers and the levels just above them (lows from late last yea…
topped Wall Street expectations and stronger-than-expected economic data eased recession fears.But the three major indexes shed their gains after the release of the Fed's statement, which left the out…
Updates, advisories and surprises Bond yields move inversely to prices. The Federal Reserve on Wednesday cut interest-rates for the fourth time this year, by one-quarter point to 2%. Traders and man…
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SAN FRANCISCO (MarketWatch) — Kraft Foods Inc. reported Wednesday its first-quarter net income fell 13% from a year ago, hurt by higher wheat, dairy and energy costs, while price increases and new ma…
NEW YORK (MarketWatch) - Office supplies retailer OfficeMax Inc. shares suffered Wednesday after the company said the sales drop it experienced during the past two quarters had continued in April.
Before the start of trading, Reynolds American said that it earned $505 million, or $1.71 a share, in the period, up from $328 million, or $1.11 a share, in the year-earlier quarter. However, adjusted…
Wall Street has surrendered substantial early gains, despite official interest rates in the US being lowered again, and economic growth remaining in positive territory. The US Federal Reserve has cut…
NEW YORK (MarketWatch)– U.S. stocks lapsed into negative territory after a rally fueled by better-than-forecast corporate earnings and first-quarter U.S. economic growth faded amid debate over the Fe…