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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.
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By Michelle Jamrisko and Aki Ito, Bloomberg |
May 20, 2013
Federal Reserve Bank of Chicago President Charles Evans said the U.S. economy has improved “quite a lot” as the central bank maintains record stimulus.
