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Spain stocks extend losing streak after downgrade

May 19, 2012

Spain’s stock market flirted with seven-year lows Friday as investors continued to worry about the stability of the eurozone’s financial system in light of the […]

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Auto designer, racer Carroll Shelby dies

May 14, 2012

Carroll Shelby, most famous for creating high-performance road and racing cars bearing his name, died Thursday in Dallas, Texas. He was 89 years old.
Shelby’s […]

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MEMC posts wider loss on solar, semiconductor weakness

May 9, 2012

MEMC Electronic Materials Inc. reported a $92 million net loss for the first quarter on continued erosion of demand and pricing in semiconductor and solar […]

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Buffett’s Berkshire doubles earnings

May 8, 2012

Warren Buffett’s Berkshire Hathaway posted first-quarter earnings Friday that doubled versus last year, buoyed by gains in its insurance businesses and derivatives holdings.
The company […]

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Statistics office confirms Spain back in recession

April 30, 2012

Spain’s National Statistics Institute confirms that the country’s economy shrank 0.4 percent in the first quarter, placing the country back in recession.
The contraction, announced Monday, […]

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Olin reports first-quarter earnings

April 28, 2012

Olin Corp. reported first-quarter net income of $38.7 million, or 48 cents per share, compared with $133.7 million, or $1.66 per share, in the corresponding […]

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US business stockpiles grew 0.6 pct. in February

April 16, 2012

U.S. companies restocked at a steady pace in February, suggesting businesses are more hopeful about sales.
The Commerce Department said Monday that business stockpiles rose a […]

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Treasuries Gain for Fourth Straight Week on European Debt - Bloomberg

April 15, 2012

Treasuries advanced for a fourth straight week, in the longest stretch of gains since August, as concern the European sovereign-debt crisis was worsening drove demand […]

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Mid-Incomers Suffer in Polarized U.S. Job Market: Economy - Bloomberg

April 11, 2012

Americans at the top and bottom of the income scale are benefiting most from the jobs recovery while those in the middle are getting left […]

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Obama’s jobs countdown

April 10, 2012

The countdown is on.
With just a few more positive job reports, President Obama could stand a chance at ending his first term as a […]

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