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By Chris Burritt, Bloomberg |
May 21, 2013
Best Buy Co., the world’s largest consumer-electronics retailer, posted an $81 million first-quarter net loss as the company lowers prices to compete with online rivals.
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By Alex Kowalski, Bloomberg |
April 23, 2013
Purchases of new U.S. homes rose in March, capping the best quarter for the industry since 2008 and providing more evidence the housing recovery will be sustained.
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By Lu Wang and Lindsey Rupp, Bloomberg |
April 8, 2013
U.S. stocks rose, after the biggest weekly drop of the year for the Standard & Poor’s 500 Index, as investors awaited Alcoa Inc.’s financial release to mark the beginning of the earnings season.
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By Whitney Kisling, Bloomberg |
March 29, 2013
The Standard & Poor’s 500 Index’s record rally probably has another year to go as investors give up their pessimism and buy, according to Laszlo Birinyi, one of the first money managers to tell clients to buy before the bull market began.
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By Sarah Pringle, Bloomberg |
March 13, 2013
U.S. stocks rose, sending the Dow Jones Industrial Average to its longest rally since 1996, as data showing retail sales increased in February by the most in five months bolstered optimism in the world’s largest economy.
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By Tom Giles and Olga Kharif, Bloomberg |
December 31, 2012
Amazon.com Inc. apologized for a disruption that affected customers of its cloud-computing services starting on Dec. 24, saying that it’s taking steps to prevent a recurrence.
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By Paul Dobson and Inyoung Hwang, Bloomberg |
October 9, 2012
U.S. stocks slid amid concern corporate earnings will disappoint investors and after the International Monetary Fund cut growth forecasts. Oil surged as Mideast tensions flared; Treasuries rose and the euro weakened.
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By Rita Nazareth and Whitney Kisling, Bloomberg |
October 8, 2012
Stocks, commodities and the euro fell as concern about U.S. corporate profits grew and European finance ministers met to discuss the region’s debt crisis.
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By Nikolaj Gammeltoft and Amanda Gould, Bloomberg |
September 17, 2012
U.S. stocks fell, after the Standard & Poor’s 500 Index rallied to its highest level since 2007, as European finance chiefs deadlocked at debt-crisis talks and New York area manufacturing slumped.
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By Cliff Edwards, Bloomberg |
April 23, 2012
Netflix Inc., the world’s largest video-subscription service, said customer growth may slow after reporting first-quarter sign-ups that met analysts’ estimates. The stock fell as much as 14% in extended trading.
