Insurances & Business

News Economy Business Investment Banks Credits

Business


US Dollar Probing Lower But S&P 500 Chart Hints Recovery Ahead

US Dollar Probing Lower But S&P 500 Chart Hints Recovery Ahead

Sears lists 79 closings, gets Fitch downgrade

Sears Holdings Corp on Thursday identified 79 of the 100 to 120 Sears and Kmart stores it said earlier this week it would close, with the list split almost evenly

Wall Street pares losses, Nasdaq positive

U.S. stocks pared early losses and the Nasdaq turned positive on Thursday, boosted by gains in biotechnology and chip stocks. The Dow Jones industrial average dropped 55.66 points, or 0.45

Early Glance: Chemicals companies

Shares of some top chemicals companies are down at 10 a.m.:Dow Chemical fell $.48 or 1.6 percent, to $29.47.DuPont fell $.78 or 1.7 percent, to $46.24.

Costco key revenue figure rises 7 pct in December

Costco Wholesale Corp.'s revenue at stores open at least a year rose 7 percent in December, narrowly missing Wall Street's expectations.Analysts surveyed by Thomson Reuters predicted that the figure would

Oil price falls after unexpected supply increase

Oil prices slipped Thursday after the government reported an unexpected increase in crude supplies and a 7 percent drop in petroleum demand. Natural gas prices also dropped as supplies remained

Sector Snap: Utilities cut on natural gas prices

Weak natural gas prices will push wholesale power prices down in 2012, cutting into profits for many U.S. utilities, an analyst said Thursday.Citi Investment Research analyst Brian Chin on Thursday

Oil prices fall after unexpected supply increase

Oil prices are sliding after the government reported an unexpected increase in oil supplies and a 7 percent drop in petroleum demand.Benchmark crude on Thursday fell 49 cents at $102.73

Grains futures mostly fall, livestock prices mixed

Grains futures mostly fell in early trading Thursday on the Chicago Board of Trade.Wheat for March delivery fell 11.50 cents to $6.3850 a bushel; March corn fell 7.50 cents to

Crude oil supplies increase by 2.2 million barrels

The nation's crude oil and gasoline supplies grew last week, the government said Thursday.Crude supplies rose by 2.2 million barrels, or 0.7 percent, to 329.7 million barrels, which is 1.7