Stock Performance

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How the major stock indexes fared on Thursday

AP News 4 hours ago

How the Dow Jones industrials and other major stock indexes fared in Thursday's trading A rally in financial stocks Thursday helped the market extend its grind higher to a third day. The Standard & Poor's 500 index cleared an important hurdle watched ...

Business Highlights

AP News 5 hours ago

Business Highlights Trade deficit shrinks as auto and oil imports drop WASHINGTON (AP) — The U.S. trade deficit unexpectedly shrank in January, reflecting a big drop in imports of oil and foreign cars. American exports also fell, a potential blow to hopes ...

Stocks climb for 3rd day as financial shares rise

AP News 5 hours ago

Stocks rise after Citigroup forecast lifts bank shares; S&P 500 index tops January high A rally in financial stocks Thursday helped the market extend its grind higher to a third day. The Standard & Poor's 500 index cleared an important hurdle watched ...

Bank reform talks fail, Dodd to go solo

Reuters US Online Report Business News 5 hours ago

WASHINGTON (Reuters) - Chances of a broad overhaul of U.S. financial regulation dimmed on Thursday after bipartisan Senate talks collapsed, jeopardizing a top Obama administration priority and boosting bank share prices. Senate Banking Committee Chairman Christopher Dodd warned that time was running ...

A look at global economic developments

AP News 5 hours ago

A look at economic developments and activity in major stock markets around the world A look at economic developments and activity in major stock markets around the world Thursday: ___ BEIJING — China's inflation spiked higher in February, adding to pressure on ...

BP to pay Devon $7 bln for fields

Reuters US Online Report Business News 6 hours ago

LONDON/NEW YORK (Reuters) - BP <BP.L> will pay $7 billion to Devon Energy <DVN.N> for assets that will extend its reach into Brazil and bulk up its position in the Gulf of Mexico, as the world's top oil companies look to acquisitions ...

SMTC Corp. moves to profit in 4th quarter

AP News 9 hours ago

SMTC Corp. moves to a 4th-quarter profit, sees signs of improving customer demand SMTC Corp. on Thursday said it moved to a quarterly profit, which sent shares of the electronics manufacturing services provider higher. Shares of the small-capitalization stock rose 79 cents, ...

FTSE shares end in the red

AFP European Edition 10 hours ago

FTSE 100 shares ended in the red on Thursday after the latest batch of mixed economic data and company reports. The benchmark index fell 0.41 percent to 5,617.26 points. Lloyds Banking Group (LBG) was the most traded stock, seeing 172 million units ...

World stocks subdued after Chinese inflation jump

AP News 11 hours ago

World markets subdued after Chinese inflation jump and ahead of US data pick-up European and U.S. stock markets fell modestly Thursday amid growing concerns of an overheating Chinese economy and as investors awaited further insight into the state of the U.S. economic ...

BP to pay Devon $7 billion for oil fields

Reuters US Online Report Top News 11 hours ago

LONDON/NEW YORK (Reuters) - BP will pay $7 billion to Devon Energy for assets that will extend its reach into Brazil and bulk up its position in the Gulf of Mexico, as the world's top oil companies look to acquisitions to refill ...

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