Many large U.S. retailers slashed their earnings forecasts on Thursday because of steep discounts they offered during the holidays to persuade reluctant consumers. The discoun ..
Apollo Global Management LLC said on Thursday it had completed fundraising for its latest flagship private equity fund, amassing $17.5 billion from investors, the most any suc ..
Years before he was accused of insider trading, former SAC Capital Advisors portfolio manager Mathew Martoma forged a Harvard transcript, falsified an email, and created a dum ..
Federal Reserve Chairman Ben Bernanke on Thursday offered an optimistic view on the U.S. economy's prospects to Democratic senators, but warned that "tough decisions ..
U.S. stocks ended little changed on Thursday in a choppy session ahead of Friday's payrolls report, which may provide insights into whether the Federal Reserve will annou ..
Sears Holdings Corp's (SHLD) sales are slipping faster and faster. The troubled retailer on Thursday reported declines in comparable-store sales at its Kmart and U.S. nam ..
Sears Holdings Corp reported on Thursday that comparable store sales at its Kmart and Sears U.S. chains fell sharply during the holiday season, continuing a years-long decline ..
The stock is down 15% after hours. ..
Alcoa Inc and a joint venture it controls have agreed to pay $384 million to resolve charges of bribing officials of a Bahraini state-controlled aluminum smelter, marking one ..
(Reuters) - Shares of United Continental Holdings (UAL) rose as much as 12 percent on Thursday as the airline sector was buoyed by strong December traffic reports that some an ..