A nearly $600 million markdown of a mortgage bond portfolio used to hedge interest rate risk ate into the bank's profits. Chief Financial Officer Bruce Thompson described ..
The Canadian government will unveil its budget this year later than it usually does, waiting at least until April because of market volatility, Finance Minister Joe Oliver sai ..
Wall St. still expects earnings of companies in the S&P 500 to rise 3.5% for the fourth quarter, but that figure has fallen from 4.2% since Jan. 1 and from the 11% consens ..
Morgan Stanley (MS.N) said it has promoted 151 employees to managing director on Thursday, more than half of them in the institutional securities business. Senior Morgan Stanl ..
The warning overshadowed a 50 percent jump in quarterly profit and pushed Lennar's shares down as much as 9 percent. Shares of rivals D.R. Horton Inc (DHI.N) and PulteGro ..
U.S. President Barack Obama is prepared to unveil his proposed budget for the federal government on Feb. 2, White House spokesman Josh Earnest said on Thursday. Earnest said f ..
The bank took $3.5 billion of charges for legal settlements, matching the figures foreshadowed by Chief Executive Michael Corbat in December. Citi suffered on a number of fron ..
Using home sales and prices, construction, mortgage delinquencies and millennial employment, Trulia concludes housing is nearly back to normal. ..
Dollar General's statement comes a day after two influential proxy advisory firms changed their stance, advising Family Dollar's shareholders to vote for a deal with ..
U.S. producer prices in December recorded their biggest fall in more than three years on tumbling energy costs while underlying inflation pressures were tame, a cautionary not ..