Best Buy's disappointing holiday sales sent the stock plummeting on Thursday. There may be more downside yet, say two strategists. ..
(Reuters) - BlackRock Inc, the world's largest money manager, reported a higher-than-expected quarterly profit on Thursday, benefiting from strong markets and a flow of n ..
Though they delivered similar earnings per share, BlackRock and Goldman Sachs are valued quite differently by the market, with BlackRock given a huge premium. Should the gap b ..
The number of Americans filing new claims for unemployment benefits fell for the second consecutive week last week, suggesting a sharp step-down in job growth in December was ..
The U.S. Treasury Department on Thursday announced plans to sell 410,000 shares in auto lender Ally Financial as part of its effort to unwind its financial bailout fund. The T ..
Best Buy Co (BBY) shares tumbled about 30 percent on Thursday after the world's largest consumer electronics chain reported disappointing holiday sales and warned of a bi ..
Goldman Sachs Group Inc reported a 21 percent drop in quarterly profit as revenue from fixed-income trading fell. ..
Billionaire investor Carlos Slim's America Movil has agreed to raise its stake in Telekom Austria to a blocking minority that does not trigger a mandatory takeover offer. ..
A much better year lies in store for most of the world's major developed economies, although weak inflation will persist, complicating central banks' ability to get ..
U.S. energy production is booming, creating new and different opportunities for investors. David Kotok, chairman and chief investment officer of Cumberland Advisors, suggests ..