Markets
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Bank stocks hurt after surprise $2B JPMorgan lossMay 11, 2012 10:54 am - JPMorgan Chase stock lost more than 8 percent of its value Friday after the bank, the largest in the United States, revealed a monster $2 billion loss in a trading group...
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U.S. stock dutures drop as JPMorgan reveals $2 Billion in lossesMay 11, 2012 8:00 am - U.S. stock-index futures fell as JPMorgan Chase & Co., the nation’s biggest bank by assets, said it had a $2 billion trading loss after positions in credit securities pr...
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UK bank shares fall after JPMorgan loss disclosedMay 11, 2012 7:55 am - LONDON — Shares in major British banks fell Friday in the first day of trading after JPMorgan Chase revealed a surprise loss of $2 billion in six weeks in trading o...
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JPMorgan loss another headache for marketsMay 11, 2012 7:34 am - Associated Press LONDON — Global markets fell on Friday after a big surprise trading loss at JPMorgan Chase shook investor confidence, while political chaos in Gree...
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Macy's 1Q profit jumps 38 percentMay 09, 2012 10:00 am - NEW YORK — Macy's Inc. reported a 38 percent increase in its first-quarter profit as the department store chain continues to reap benefits from its move to tailor its fa...
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Oil falls to below $97 as U.S. crude supplies jumpMay 09, 2012 7:03 am - SINGAPORE — Oil prices fell to below $97 a barrel Wednesday in Asia, extending a weeklong slump after a report showed U.S. crude supplies jumped more than expected last ...
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Greek political turmoil haunts marketsMay 09, 2012 7:02 am - LONDON — The political turmoil in Greece after inconclusive elections weighed on markets once again Wednesday with investors increasingly concerned that the country...
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Stocks fall as Greece struggles to form governmentMay 08, 2012 12:56 pm - A wave of political uncertainty in Europe spread through financial markets Tuesday, pushing U.S. stocks sharply lower. Major U.S. and European indexes sank as newly-elec...
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Oil falls to near $97 amid weak US, Europe demandMay 08, 2012 6:40 am - SINGAPORE — Oil fell to near $97 a barrel Tuesday in Asia, extending nearly a week of losses as signs of sluggish economic growth in the U.S. and Europe foreshadowe...
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U.S. stock futures fall after European electionsMay 07, 2012 9:02 am - NEW YORK — A roiling political landscape in Europe pushed U.S. stock futures lower Monday as beleaguered voters in Greece and France rejected years of painful budget cut...