Bumi saga is far from over
One of the most shameful episodes in recent U.K. stock market history may be drawing to a close. Bumi PLC shares had plummeted b…
New York Times shares up 4.7% on Barclays upgrade
CHICAGO (Forex Focus) -- Shares of New York Times Co. were up 4.7% Thursday after Barclays Capital analyst Kannan Venkateshwar …
Oil futures pare gains after U.S. inventories
Crude futures pare some of their gains after federal data show a slightly higher-than-expected rise in crude supplies last week.…
Treasury sells 30-year bonds to tepid response
SAN FRANCISCO (Forex Focus) -- The Treasury Department sold $13 billion in 30-year notes on Thursday at a yield of 2.904%, the …
New York Times shares up 4.7% on Barclays upgrade
CHICAGO (Forex Focus) -- Shares of New York Times Co. were up 4.7% Thursday after Barclays Capital analyst Kannan Venkateshwar …
U.S. stocks rise as jobless claims sink
U.S. stocks rise with the S&P 500 Index bouncing back after a four-session losing streak, after jobless claims fall to a four-ye…
Chesapeake to sell acres in Oklahoma oil play
Chesapeake Energy Corp. CHK is selling a significant swath of land in an oil-and-gas play that the company had recently called a…
PC stocks shrug off industry sales downturn
Better-than-expected jobless claims lend a hand in tech-sector gains as investors take data indicating a decline in third-quarte…
Icahn offers to buy rest of Oshkosh for $3 billion
Carl Icahn offered to buy the rest of Oshkosh Corp. (OSK) that he doesn't already own in a deal that values the heavy-duty v…
Big banks to report results amid high expectations
Banks are expected to report strong third-quarter earnings growth off a dismal year-earlier period as results begin rolling in F…
Treasurys fall on claims, ahead of bond auction
Bond prices slide after first-time jobless claims drop sharply in the latest week, adding to evidence that the U.S. labor market…
Jobless claims plunge to four-year low
First-time claims for unemployment insurance fell 30,000 to 339,000 in the latest week, the lowest level in more than four years…
Fed's Plosser: Government can't speed up recovery
WASHINGTON (Forex Focus) - Greater job growth and a more rapid recovery will not occur until the economy undergoes a number of a…
Fed. court throws out injunction vs. Samsung: WSJ
SAN FRANCISCO (Forex Focus) - A federal appeals court has rejected an injunction barring Samsung Electronics from selling its Ga…
Turkey: Syrian plane carrying arms, ammunition
CHICAGO (Forex Focus) -- The prime minister of Turkey charged Thursday that the Syrian plane forced down Wednesday was loaded wi…
Burberry leads U.K. stocks higher in upbeat trade
A rally in Burberry sets the luxury firm apart from the pack of U.K. stocks, with the FTSE 100 breaking a three-day losing strea…
Financials rise as investors await earnings
U.S. financial stocks pop 1% after a better-than expected data point in the labor market injects some needed adrenaline into a …
Kellogg Mini-Wheats recalled over metal fragments
BOSTON (Forex Focus) -- Kellogg Co. is recalling certain boxes and single-serving bowls of its Mini-Wheats cereal over concerns…
Dollar slips; euro takes Spain downgrade in stride
The dollar slips against rivals as the euro takes a downgrade of Spanish government debt to near-junk status in stride in expect…
U.S. trade gap widens as exports fall again
The nation’s trade deficit widened by 4.1% in August, reaching $44.2 billion, as exports are hit by the global slowdown, governm…
