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Updated: 9 min 25 sec ago

U.S. Equity Futures Point to Higher Open on Wall Street

Tue, 07/22/2014 - 7:24am
U.S. stock-index futures indicated a higher open ahead of inflation, housing data, following a slew of quarterly earnings reports before the bell.

Steeper Subscriber Loss Hits Comcast in 2Q | Lockheed Ups 2014 Profit Outlook

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Credit Suisse to Wind Down Commodities Trading

Tue, 07/22/2014 - 7:18am
Credit Suisse said on Tuesday it was winding down its commodities trading to focus its resources on more profitable areas of its business.
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Comcast 2nd-quarter earnings top Wall Street as Internet hookup pace accelerates

Tue, 07/22/2014 - 7:17am
Comcast Corp.'s second-quarter net income rose 15 percent to nearly $2 billion as it added high-speed Internet customers at a faster pace than a year ago and video subscriber losses moderated.
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Health officials: West Virginia clinic reused needles; patients there, Ohio urged to be tested

Tue, 07/22/2014 - 7:12am
Health officials on Monday advised patients of a West Virginia pain management clinic to be tested for blood-borne infectious diseases after an investigation found that needles had been reused.
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'Simpsons' 500-plus episode marathon coming in August to FXX; digital Simpsons World in fall

Tue, 07/22/2014 - 7:11am
The full 25-year run of "The Simpsons" will arrive on cable channel FXX with a summer marathon, to be followed this fall by a digital extravaganza that could turn other TV shows yellow with envy.
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United Tech Posts 2Q Beat

Tue, 07/22/2014 - 7:08am
United Technologies revealed second-quarter earnings that beat analyst expectations on both the top and bottom lines.
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US consumer prices likely to show smaller gain in June than May

Tue, 07/22/2014 - 6:56am
The Labor Department reports on U.S. consumer prices in June.
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Verizon revenue rises on strong wireless subscriber additions

Tue, 07/22/2014 - 6:55am
The largest U.S. wireless telecoms firm posted a 6% rise in quarterly revenue as its postpaid wireless subscriber additions rose 53%.
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CIT Group To Buy OneWest Bank For $3.4 Billion

Tue, 07/22/2014 - 6:54am
CIT Group Inc. said Tuesday it plans to purchase IMB Holdco LLC, the parent company of privately owned OneWest Bank, for $3.4 billion in cash and stock.
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CIT Group purchasing OneWest Bank in a $3.4 billion cash-and-stock deal

Tue, 07/22/2014 - 6:51am
CIT Group is buying regional bank OneWest Bank in a $3.4 billion cash-and-stock deal.
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Oil Shares, ARM Drive Gains In European Markets

Tue, 07/22/2014 - 6:47am
European markets pushed higher Tuesday, riding a lift from oil stocks and a handful of banks.
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US home sales expected to show moderate gain in June from previous month

Tue, 07/22/2014 - 6:37am
The National Association of Realtors reports on existing home sales in June.
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China warns of delays at 12 airports through mid-August; employee cites military exercises

Tue, 07/22/2014 - 6:14am
China's airline regulator has warned travelers to expect flight delays at 12 airports through mid-August, and an airport employee said military exercises are the reason.
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EU Holds Talks On Toughening Sanctions On Russia

Tue, 07/22/2014 - 4:05am
European Union foreign ministers are gathering in Brussels on Tuesday for a Foreign Affair Council meeting to discuss further sanctions on Russia following the downing of Malaysia Airlines Flight MH17 last week.
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Asia Stocks: Markets Close Higher

Tue, 07/22/2014 - 4:04am
Here are the closing levels for Asia's major stock markets: Tokyo (Nikkei Average) up 0.8% ; Hong Kong (Hang Seng Index) up 1.7% ; Shanghai (Shanghai Composite Index) up 1% ; Sydney (S&P/ASX 200) up 0.1% ; Seoul (Kospi) up 0.5% ; Taipei (Taiex) up 0.6% Copyright © 2014 MarketWatch, Inc.
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Detroit retirees endorse pension cuts in bankruptcy; city praises 'positive decision'

Tue, 07/22/2014 - 3:56am
A year after filing for bankruptcy, Detroit is building momentum to get out, especially after workers and retirees voted in favor of major pension changes just a few weeks before a judge holds a crucial trial that could end the largest public filing in U.S. history.
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Hit by US tax case, Credit Suisse posts $779 million loss in second quarter

Tue, 07/22/2014 - 3:36am
Credit Suisse AG has posted a second-quarter net loss of 700 million Swiss francs ($779 million) after paying the largest penalty ever imposed in a U.S. criminal tax case.
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China Real Estate Dominates The Economy: Official

Tue, 07/22/2014 - 1:46am
About 60% of China's manufacturing and financing activities are related to the property sector, China's state media quoted a senior government economist as saying Monday.
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China Has More Smartphone Users Than U.S. Has People

Tue, 07/22/2014 - 12:07am
The semi-official China Internet Network Information Center put out its latest totals on online usage Monday, and once again, the numbers are eye-popping.
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Imax teams with Shanghai Film to open 19 more giant-screen cinemas in China

Tue, 07/22/2014 - 12:05am
Imax and China's biggest state-owned film exhibitor are teaming up to open 19 giant screen cinemas in the world's No.
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