Best Buy returned to a profit in the fourth quarter and topped Wall Street expectations as it cut costs to offset declining sales. The specialty electronics retailer says it g ..
The Commerce Department said on Thursday durable goods orders excluding transportation rose 1.1 percent, the largest increase since May, after falling 1.9 percent in December. ..
J.C. Penney might be back from the dead but Brian Sozzi of Belus Capital Advisors breaks down the two sides of the company and points out there are still rough waters ahead. ..
The profit in the fourth quarter, during one of the most heavily promoted and discounted holiday-shopping seasons since the recession, boosted Best Buy's shares by 6 perc ..
Gold prices steadied on Thursday off the previous day's four-month high under pressure from a firmer dollar, while buyers of coins, bullion and jewellery in Asian markets ..
As reports emerged that dozens of heavily armed pro-Russia gunmen have seized control of local government buildings in Crimea, stocks in Europe took a pounding while the dolla ..
Net income attributable to stockholders fell to $26 million, or 3 cents per share, in the fourth quarter ended December 31 from $61 million, or 7 cents per share, a year earli ..
Political and military tension in Ukraine and Russia curbed risk appetite on Thursday, weighing on world stocks and pushing the euro, already under pressure from interest rate ..
Manhattan U.S. Attorney Preet Bharara has sent subpoenas to Mt. Gox, other bitcoin exchanges, and businesses that deal in bitcoin to seek information on how they handled recen ..
Italy's Versace agreed a deal with Blackstone on Thursday that will see the U.S. private equity firm take a 20 percent stake in the fashion house in a deal valuing the co ..