* Wall Street down as bank, energy shares fall * Dollar up on global economic prospect worries NEW YORK, May 15 (Reuters) – US crude oil futures ended almost 4 percent lower on Friday amid demand worries following a pullback on Wall Street and as the …
Shares of automaker Porsche SE slid nearly 16 percent Thursday in the wake of the company’s announcement it plans to form an integrated car company with Volkswagen AG, the latest instance of consolidation in the recession-hit industry.
Macy’s Inc. reported a 9.1 percent drop in same-store sales in April, compared to analysts’ projections of minus 7.5 percent, and upgraded its first-quarter profit outlook.
By Peter A. McKay and Geoffrey Rogow US stocks traded lower Tuesday afternoon as upcoming reports on jobs and bank capital levels weighed on sentiment and offset a string of improving economic reports in recent sessions. Recently, the Dow Jones Industrial Average was off 29 points to 8397 after …
Thomas Lauria, front, who represents a committee of the secured creditors, didn’t raise any objections to various motions Friday.
* EIA: crude supply at fresh, near 19-year high * IMF says world falls into severe recession NEW YORK, April 22 (Reuters) – US crude oil futures fell back on Wednesday after government data showed a larger-than-expected build in domestic crude stocks …
NEW YORK, April 22 (Reuters) – Morgan Stanley (MS.N: Quote, Profile, Research) said its risk in commodities was down slightly in the first quarter, but off sharply from a year ago, as its exposure to most asset classes fell what from it called …