GM expected to announce $4 bln Ally deal Monday
General Motors Co. (GM) is expected to announce a deal on Monday to buy Ally Financial Inc.'s European, Latin America and Ch…
U.S. stocks rise on optimistic budget talk
U.S. stocks turned positive Friday after hopeful comments followed the opening round of negotiations at the White House on avert…
Four hurt, two missing in Gulf oil rig fire
CHICAGO (Forex Focus) -- The Coast Guard said Friday that four people were injured and two are missing following a fire at an oi…
Teamsters blame management for Hostess woes
NEW YORK (Forex Focus) -- A spokesman for the International Brotherhood of Teamsters on Friday said the union's 6,700 worker…
Leaders call fiscal-cliff talks ‘constructive’
Top congressional Democrats and Republicans said Friday they had a constructive meeting with President Barack Obama aimed at ave…
Oil rises as Middle East tension lifts supply risk
Crude-oil futures climb, topping $86 a barrel with supply risks in the Middle East outweighing concerns over weak global demand …
Netanyahu warns Hamas as rockets rain down
CHICAGO (Forex Focus) - Israeli Prime Minister Benjamin Netanyahu warned Friday of a widening conflict in Gaza as rockets from t…
U.S. yields hit lowest since August on cliff talks
Treasury prices gain as traders focus on a meeting between President Obama and congressional leaders to tackle the slate of expi…
Marijuana-dispenser stock gets too high
After Medbox shares soared this week from a few bucks to $215, executives sought to curb investor enthusiasm.
REIT speculation boosts senior home shares
Speculation that plans to spin off a casino operator’s real-estate assets into a REIT is fueling a boost in Brookdale Senior Liv…
Petrobras expects production to pick up in 2014
Investors in Petroleo Brasileiro SA (PBR, PETR4.BR), the Brazilian oil company, may have to wait until 2014 to see its productio…
Friday’s big movers; LinkedIn rises on Soros buy
Shares of Facebook, Best Buy, and Dell made big moves during U.S. trading Friday, while LinkedIn and Apple were among top trendi…
Stop calling it a ‘fiscal cliff’
The fiscal cliff is a misleading metaphor, writes Rex Nutting. The tax and spending laws will change on that day, it’s true…
Melrose shares drop in downbeat U.K. market
Shares of investment firm Melrose lead U.K. stocks lower to cap off what’s been a bearish week, with the action in resource shar…
U.S. stock indexes rise on optimistic budget talk
NEW YORK (Forex Focus) -- U.S. stocks turned higher Friday after House Speaker John Boehner voiced belief that the so-called fis…
Marijuana-dispenser stock gets 3000% higher
After Medbox shares soared this week from a few bucks to $215, executives sought to curb investor enthusiasm.
Company in rig fire had big Gulf exploration plans
SAN FRANCISCO (Forex Focus) -- Houston-based Black Elk Energy Offshore Operations LLC, reported as the owner of a rig that caugh…
Leaders call fiscal-cliff talks 'constructive'
WASHINGTON (Forex Focus) -- Congressional leaders emerging from a White House meeting to avert the fiscal cliff labeled the disc…
Obama, leaders huddle in fiscal-cliff talks
President Barack Obama and congressional leaders on Friday were holding talks about averting the fiscal cliff, as administr…
Foot Locker rises on sprint in sales
NEW YORK (Forex Focus) -- Foot Locker Inc. shares rose 4% in a down market on Friday after its adjusted third-quarter profit to…
