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Wall Street Flat as Investors Prepare for Yellen's Second Day on the HIll

Wed, 02/25/2015 - 9:12am
Wall Street struck a cautious tone on Wednesday as investors looked ahead to Janet Yellen's second day of testimony on Capitol Hill. 
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Cablevision tops 4Q net income expectations, meets revenue forecasts

Wed, 02/25/2015 - 9:04am
Cablevision Systems Corp. (CVC) on Wednesday reported fourth-quarter net income of $56 million.
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McDonald's Accused Of Dodging $1.13 Billion In European Taxes

Wed, 02/25/2015 - 9:04am
McDonald's Corp. has deliberately avoided paying about 1 billion euros ($1.13 billion) in European tax by diverting revenue via a Luxembourg-based subsidiary, labor unions and a campaigning charity said Tuesday.
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Bus-only corridor free for passengers in first 9 days in operation beginning in late March

Wed, 02/25/2015 - 8:48am
Central Connecticut's bus-only corridor will offer free rides to passengers in its first nine days in operation when it begins service March 28.
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Germany's Merkel welcomes Greek bailout agreement but says a lot of work still ahead

Wed, 02/25/2015 - 8:47am
German Chancellor Angela Merkel is welcoming an agreement on a four-month extension to Greece's financial bailout but says "a lot of work" remains ahead.
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SodaStream's Stock Rallies After Profit Beats Expectations

Wed, 02/25/2015 - 8:47am
Shares of SodaStream International rallied 3.2% in premarket trade Wednesday, after the manufacturer of sparkling water makers reported a fourth-quarter profit that beat expectations, while sales missed.
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Dollar Tree Beats Profit Estimates, Outlook Falls Short

Wed, 02/25/2015 - 8:43am
Dollar Tree Inc. said Wednesday it had net income of $206.6 million, or $1.00 a share, in the fourth quarter, compared with $213 million, or $1.02 a share, in the same period a year ago.
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Campbell Soup Matches Profit Expectations, But Outlook Falls Shy

Wed, 02/25/2015 - 8:28am
Campbell Soup Co. reported a fiscal second-quarter profit that fell to $312 million, or 66 cents a share, from $361 million, or 74 cents a share, in the same period a year ago.
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Germany Sells 5-year Government Bonds At a Negative Yield

Wed, 02/25/2015 - 8:20am
The German government on Wednesday began selling five-year bonds with a negative yield for the first time.
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Youngstown State faculty, trustees approve new contract after months of negotiations

Wed, 02/25/2015 - 8:19am
Faculty members at a northeast Ohio university have a new contract after months of negotiations.
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Lowe's Cos. Posts 47% Jump In Quarterly Earnings

Wed, 02/25/2015 - 7:28am
Lowe's Companies Inc. on Wednesday said fourth-quarter earnings were $450 million, or 46 cents a share, up 47% from $306 million, or 29 cents a share, in the year-earlier period.
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Keith Olbermann won't host ESPN show for rest of week after tweets about Penn State

Wed, 02/25/2015 - 7:19am
Keith Olbermann was taken off his ESPN show for the rest of the week after making insulting comments about Penn State students on Twitter.
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California proposal would ban chewing tobacco at baseball parks, with MLB support

Wed, 02/25/2015 - 7:19am
Anti-smoking advocates are hoping to strike out chewing tobacco at California baseball games.
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Lin-Manuel Miranda's hip-hop musical about Alexander Hamilton is moving to Broadway

Wed, 02/25/2015 - 7:19am
The musical "Hamilton" is taking the subway uptown.
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Southern California commuter train network invested in car design that reduces crash impact

Wed, 02/25/2015 - 7:19am
After a horrific crash a decade ago that killed 11 people and injured 180 more, Southern California's commuter train network began investing heavily in passenger cars designed to protect passengers from the full force of a collision with another train or vehicle on the tracks.
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EU unveils plan to merge 28 energy markets to cut prices and reduce dependence on Russia

Wed, 02/25/2015 - 7:18am
The European Union's executive has unveiled a vast plan to merge the EU's 28 national energy markets with the aim of providing cheaper energy for consumers and weaning Europe off Russian gas supplies.
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Lowe's posts 4Q profit, results top Wall Street forecasts

Wed, 02/25/2015 - 6:31am
Lowe's Cos.
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Demand for Lego continues to grow globally, pushing up Danish company's sales, profits

Wed, 02/25/2015 - 6:00am
Lego says its popular, multi-colored toy blocks continued to be in strong demand last year, particularly in its largest market, the U.S., as well as Britain, France, Russia and China.
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Global stocks mixed, profit-taking dents gains on prospects US interest rates won't rise soon

Wed, 02/25/2015 - 5:31am
Global stocks were mixed in Wednesday trading, as optimism over expectations that U.S. interest rates won't be raised soon was countered by profit-taking.
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France to begin deliveries on $3 billion Saudi-financed arms deal to Lebanon in April

Wed, 02/25/2015 - 4:04am
France says it will begin shipping $3 billion worth of weapons paid for by Saudi Arabia to the Lebanese army in April.
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