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By Dawn Kopecki, Bloomberg |
May 21, 2013
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon won approval from investors to keep his chairman title in preliminary voting ahead of today’s shareholder meeting, according to two people with knowledge of the tallies.
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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 Przemyslaw Radomski |
May 21, 2013
In the Dow-to-gold ratio chart, we see an important breakout above the declining long-term resistance line. This has bearish implications for gold.
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By Chris Burritt, Bloomberg |
May 21, 2013
Home Depot Inc., the largest U.S. home-improvement retailer, posted first-quarter profit that topped analysts’ estimates and raised its forecast for earnings this year as the housing rebound boosts renovation spending.
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By Susanne Walker and Emma Charlton, Bloomberg |
May 21, 2013
Treasury 10-year note yields traded at almost the highest level in two months before Federal Reserve Chairman Ben S. Bernanke testifies on the economy in Congress tomorrow.
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By Al Brooks |
May 21, 2013
The E-mini S&P 500 made an early top in yesterday's trading before it fell into a tight trading range to end the day, according to Al Brooks' Daily Price Action.
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By Robert McCurtain |
May 21, 2013
The short-term stock market trend remains positive, but looks increasingly tired for these two important reasons.
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By Dan Gramza |
May 21, 2013
The stock market moved slightly higher yesterday, but Dan Gramza says most markets are waiting to see what Fed Chairman Ben Bernanke will say tomorrow.
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By Laura Litvan |
May 20, 2013
Apple Inc. CEO Tim Cook will face off against U.S. senators leveling accusations that the iPhone maker is avoiding paying billions of dollars in U.S. taxes.
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By Ben Moshinsky |
May 20, 2013
The top U.K. markets regulator criticized a European Union cap on banker bonuses as the bloc’s banking watchdog prepares to expand the limits.