By Leah Schnurr NEW YORK, May 13 (Reuters) – US stocks tumbled on Wednesday as worse-than-expected retail sales hurt shares in the sector, including Wal-Mart Stores Inc, and dampened recent enthusiasm over the economic outlook.
By Sree Vidya Bhaktavatsalam May 5 (Bloomberg) — Legg Mason Inc. fell as much as 22 percent in New York trading as investors pulled $44 billion from its funds in the first three months of the year, dwarfing withdrawals at rival money managers.
By Halia Pavliva May 4 (Bloomberg) — Gold climbed for the first time in three sessions on surging demand for the metal as a store of value while the dollar fell and investors prepared for the release later this week of US bank stress tests.
OMAHA, Neb., May 2 (Reuters) – Berkshire Hathaway Inc’s (brka.N: Quote, Profile, Research) (brkb.N: Quote, Profile, Research) first-quarter operating profit fell about 12 percent from a year earlier, as the recession depresses results at most of the …
By Steve Gelsi, MarketWatch NEW YORK (MarketWatch) — Chevron Corp.’s first-quarter net income fell 64%, financial results showed Friday, as the last of the five oil majors absorbed the impact of a slower economy and a big slide in prices for crude …
By Hugh Son May 1 (Bloomberg) — MasterCard Inc., the world’s second- largest electronic payments network, said first-quarter profit fell 18 percent amid the impact of a stronger US dollar on overseas revenue.
By Matthew Brown and Yasuhiko Seki May 1 (Bloomberg) — The yen fell to a two-week low against the euro as signs of recovery in manufacturing in China and the US sapped demand for the Japanese currency as a refuge from global financial turmoil.
By Stefanie Haxel April 29 (Bloomberg) — German stocks advanced, sending the DAX Index to the highest level in more than three months, after Siemens AG posted first-quarter profit that beat estimates and JPMorgan Chase & Co.
By Gavin Evans and Christian Schmollinger April 27 (Bloomberg) — Crude oil fell, snapping four days of gains, on concern the US economy will keep shrinking, worsening an oversupply.
By Polya Lesova, MarketWatch NEW YORK (MarketWatch) — Oil prices fell more than 6% Monday to trade below $47 a barrel, as US dollar strength, falling stock markets and ongoing concerns about the global economy pressured the energy market.