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  • FedEx offers glum outlook on economic growth

    FedEx's stock soared even after the carrier offered a tepid outlook for 2014. FedEx might offer the clearest look at the disconnect between the soaring stock market and the listless global economy. The world's largest freight carrier posted a 45% drop in its fourth quarter profits and offered its investors a cautious outlook for 2014, noting that customers are looking for lower-cost ...

  • Investors shouldnt worry about the Fed

    "I believe this Fed will continue to press its accommodative policy up until the point it is certain that it is not needed," said Jim Keenan, manager ...

  • What Google could learn from Yahoos acquisition strategy

    Google wants to partner with private equity on complicated deals. But there may be a better way. FORTUNE -- Google Inc. may soon partner with private equity firms to acquire other companies, according to ...

  • US STOCKS-Wall St edges lower as Fed statement looms

    Wed Jun 19, 2013 12:59pm EDT * Fed expected to maintain pace of bond purchases * Adobe, FedEx shares rise after results * Dow, S&P off 0.1 pct, Nasdaq off 0.2 pct By Alison Griswold NEW YORK, June 19 (Reuters) - U.S. stocks dipped on Wednesday as investors awaited a Federal Reserve statement that could provide clues about the central bank's future stimulus efforts, a key to the market's ...

  • NYSE partner ATG file for approval to create Brazil exchange

    Wed Jun 19, 2013 12:06pm EDT * Company expects new bourse to start operating next year * DirectEdge unveiled similar projects a year ago * Shares of sole Brazil exchange BM&FBovespa sink 3.5 pct SAO PAULO, June 19 (Reuters) - NYSE Euronext and Americas Trading Group are seeking Brazilian regulatory approval to open a new stock exchange, and the venture's officers said on Wednesday they ...


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Movie Review

Argo

Argo is a crackerjack based-on-a-true story thriller that finally allows actor/director Ben Affleck to demonstrate his behind-the-camera muscles in a location other than his native Boston, the setting of his previous directorial efforts Gone Baby Gone (2007) and The Town (2010). A ... ...

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  • US stocks edge lower

    New York - US stocks are edging lower in early trading on Wall Street as investors hold back ahead of a policy announcement from the Federal ...

  • Dont believe Greenspans bullish case for stocks

    By Shawn Tully, editor at large FORTUNE--On CNBC's "Squawk Box" on June 6, former Fed chairman Alan Greenspan made two points in uncharacteristically clear, blunt language that got Wall Street buzzing. Appearing over a chyron billing him as "The Maestro of the Markets," Greenspan came close to declaring that bonds are in a bubble. "Bond prices have to fall and ...

  • Investors hold their breath for the Fed

    Click here for more on stocks, bonds, currencies and commodities Any comments from Bernanke suggesting that the program's end is near would likely lead to significant declines. "Bernanke has to address asset purchases and every nuance in his replies will be seized upon by markets," said Deutsche Bank economist Jim Reid in a research note. The Fed will release a statement at the ...

  • Dow Jones stocks fall at Wednesdays opening

    Federal Reserve .The U.S. central bank will release its latest policy update at 2 p.m. Eastern Daylight Time. Fed chairman Ben Bernanke will speak at a press conference thirty minutes later.The Fed has been buying $85 billion of bonds a month to support an economy that is still struggling to recover following the Great Recession. Comments by Bernanke last month suggesting the central bank ...

  • Market Snapshot U.S. stocks steady Wall Street waits for Fed

    NEW YORK (MarketWatch) -- U.S. stocks traded little changed on Wednesday after a two-day rally, with investors on uncertain footing ahead of the Federal Reserve's policy decision later in the ...

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