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NEW YORK - Crowds roared, church bells rang and streams of paper rained down on Broadway as the New York Yankees celebrated their 27th championship Friday in a way only this city can, with a parade up the Canyon of Heroes. Complete Story...
The following stocks were among those that moved substantially or traded heavily Friday on the New York Stock Exchange:
Shares of Magna International Inc. soared Friday after the Canadian auto supplier said it posted a $51 million third-quarter profit, blowing away Wall Street predictions.
Dril-Quip Inc., which makes equipment for offshore oil drilling, said Friday its profit slipped from a year ago on a charge even as sales rose, and it gave a fourth-quarter outlook in line with Wall Street expectations.
Crowds roared, church bells rang and streams of paper rained down on Broadway as the New York Yankees celebrated their 27th championship Friday in a way only this city can, with a parade up the Canyon of Heroes.
European stocks fell and Wall Street was expected to drop on the open Friday after data showed the U.S. unemployment rate jumped to 10.2 percent in October, more than expected, as 190,000 jobs were cut.
Big bonuses could be back in store for some top executives and traders on Wall Street as profitability returned to the investment banking industry in 2009, according to a new study released Thursday.
Shares of TRW Automotive Holdings Corp. rose Thursday, a day after the auto parts supplier reported a third-quarter profit that beat Wall Street predictions and raised its fiscal year projections.
Some of New York's biggest companies, including Wall Street giants Goldman Sachs and Citigroup, received doses of swine flu vaccine for at-risk employees, drawing criticism that the hard-to-find vaccine is going first to the privileged.
Limited Brands Inc. said Thursday its October sales at stores open at least a year dropped 4 percent, falling short of Wall Street predictions.
ON Semiconductor Corp.'s third-quarter profit fell from a year earlier, but its adjusted results beat Wall Street expectations and its shares rose in late trading on a bullish outlook.
Specialty paper maker Schweitzer-Mauduit International Inc. said its third-quarter profit plunged by one-third, but its adjusted results widely exceeded Wall Street expectations and it raised its 2009 outlook.
Investors undaunted by a surprisingly weak jobs report found enough positive news to nudge stocks higher Friday.
Hot Topic Inc. said Wednesday that sales at stores open at least a year fell 2.6 percent in October, beating a consensus forecast from Wall Street.
Cisco Systems Inc. doesn't want Wall Street to interpret its forecast for its first quarterly revenue growth in a year as evidence that the U.S. and other economies are roaring back.
Two attorneys and Wall Street professionals were among 14 people charged Thursday in a widening $53 million insider trading case that has snared one of America's richest men and shown white collar suspects to be using the cover-up tactics of drug dealers.
On a sunny October morning, a stiff breeze blows through a busy construction site on the Las Vegas Strip. Gathering strength, it whips past spools of wire and pallets of lumber, picks up a payload of grit and spins itself into a mini-tornado that rises into the sky.
- President Barack Obama believes in the saving grace of the federal government.
Valeant Pharmaceuticals International said Monday its third-quarter net income plunged, a year after selling businesses in Europe, Africa, and the Middle East, but adjusted profit topped Wall Street expectations.
Wall Street giant Goldman Sachs Group Inc. is reportedly in talks to buy tax credits from Fannie Mae, a government-controlled mortgage financier.
A late-day slump left stocks mixed Wednesday as investors couldn't hold on to their optimism after the Federal Reserve gave an encouraging assessment of the economy. A House vote to speed up the effective date of limits on credit card companies took bank stocks sharply lower in the last hour of trading.
Shares of comScore Inc. retreated Friday, a day after the Internet data analysis provider posted third-quarter sales slightly below Wall Street's expectations, hurt by weakness in the advertising market.
Power producer Calpine Corp. reported a 75 percent rise in third-quarter profit Friday, helped by good bets on commodity prices and lower costs. The results fell shy of Wall Street estimates, however.
Business software developer CDC Software Corp. said Friday it expects its earnings to surpass Wall Street's expectations in the third quarter.
Asian markets advanced Friday on the back of Wall Street's rally after upbeat economic figures revived confidence about the state of the U.S. economy.
Unemployment Up Dramatically! Stocks Rise! Huh?But there is another reason high unemployment may excite investors. Current layoffs are likely, for many workers, to be permanent.
Unemployment Up Dramatically! Stocks Rise! Huh?Ordinary, average, struggling Americans might be scratching their heads over the news today, as the Labor Department reports that unemployment is up by four-tenths of a percent for the month to a record 10.2%, fully three-tenths of a percent higher than economists had been forec …
Wall Street run amok? Blame HarvardHow did this schism come about? Just where did Wall Street go wrong? It's popular to blame misaligned incentives, lack of regulation or just plain greed. Those would be conveniently simple explanations. We could just fix incentives, regulate more and prosecute the guilty.
14 More Charged in Wall Street Insider Trading Probe; They are dropping like flies, finally!NEW YORK (AFP) – Law enforcement officials in New York announced charges against 14 people in a widening probe into the largest ever alleged hedge-fund insider trading scheme on Wall Street.
Did your life savings disappear in a blink of an eye? Tired of Wall Street bail-outs? Tired of credit card company and bank fees? Has your interest rate doubled for the only reason that banks need to make money off your back? Are you tired of your elected representatives being le …
Bankers get hard to find H1N1 vaccine, as they throw good families out onto streetThese fatcats kick people out of their homes, while privileged to get the vaccine before all others!
Some Wall St. Bonuses May Hit Pre-Crisis Highs - DealBook Blog - NYTimes.comNow is the time of year when a Wall Streeter's fancy turns to thoughts of bonuses.
Want to Save Our Economy from Almighty Greed? Here's 10 Targets That Stand in the Way1. A New Consumer Financial Protection Agency. Subprime mortgages. Abusive and arbitrary rate hikes on your credit card. Payday loans. If you're wondering who lets banks get away with this crap, there are more people at it than you think.
Confessions of a Bailout CEO WifeForget the opera. Cancel dinner at Bouley. How life has changed since my CEO husband went on the government dole.
This indeed is the sad truth about today's America!
Wall Street Cries "Feed Me" or World Will EndNov. 3 (Bloomberg) -- In the musical comedy "Little Shop of Horrors," a dangerous and gluttonous plant dubbed "Audrey II" signals its insatiable appetite for human blood with a baritone demand, "feed me."
Death of 'Soul of Capitalism': Bogle, Faber, MooreARROYO GRANDE, Calif. (MarketWatch) -- Jack Bogle published "The Battle for the Soul of Capitalism" four years ago. The battle's over.
We Must Overturn the Status Quo in DerivativesBy Kenneth Griffin Published: October 26 2009 22:03 | Last updated: October 26 2009 22:03
In Taiwan, hotel for dogs isn't just a movieIn America, "Hotel for Dogs" was just a family comedy film. But in Taipei, the fantasy has come true - complete with VIP suites, pools, salons, classes and playrooms - as two giant hotels aim to ease the problem of strays that has plagued the city for decades.
Ron Paul responds to Michael Moore's "Capitalism: A Love Story"Speaking to veteran CNN interviewer Larry King on Sunday, Texas Republican Congressman Ron Paul argued that he is just as upset with America's economic system as activist filmmaker Michael Moore -- except the longtime doctor does not believe the illness is purely based on capital …
Former Wall Street Executive Reveals the Inside World of Shady Bailouts to BankersA former managing director at Goldman Sachs and now a razor-sharp financial muckraker (and regular AlterNet contributor), Nomi Prins understands the labyrinthine world of Wall Street finance, with all its warts, as well as anyone.
Life's Not Fair To Wall Street Bankers It used to be that corporate CEOs drew their narrowly-focused business ethic from the laissez-faire novels of Ayn Rand – but today's corporate chieftains seem to be drawing their business models from "The Godfather" and Robert de Niro's Mafia movies.
Given the apparent paralysis of our elected representatives, its time for the rest of us to create a health care plan that actually meets our real needs. This should be a two track effort.
Path to a Peace Economy The Wall Street financial collapse has stripped tens of millions of previously middle class Americans of their jobs, homes, and retirement assets and plunged them into poverty and despair.
Why Wall Street Bonuses Won't Go Away | Newsweek Voices - Daniel Gross | Newsweek.comJust as chickens can run around with their heads cut off, financial firms can pay bonuses even when they've essentially failed (AIG) or clocked massive losses (Merrill Lynch).
SEIU Secretary-Treasurer calls for investigation of banksSEIU Secretary-Treasurer Anna Burger calls for investigation into the role of banks in causing our financial recession.
Former AMD chief identified as leak in Galleon insider trading caseThe far-reaching insider trading scandal now appears to have reached the top ranks of the high-tech industry with reports Tuesday that Hector Ruiz, former CEO and chairman of Sunnyvale chip company Advanced Micro Devices, leaked confidential AMD information to alleged conspirator …
Poll: Support for Afghanistan troop increasesThe latest NBC/Wall Street Journal poll finds that a plurality of Americans now backs a troop increase in Afghanistan, and that there is slightly more support for a government-run health insurance option.
Sharia Finance (Video) : Must watch Shariah Finance expert and Columbia MBA Joy Brighton describes the threat of financial institutions embracing Shariah Finance as a banking and investment product. It is a new form of cultural Jihad
We Attacked the Bankers, but Took Our Eyes Off the Whole Rotten System'I was in this game for the money," wrote Andrew Lahde, a hedge fund manager, in a letter to the Financial Times last year as the global economy went into meltdown.
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