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U.S. Stocks Rebound After Steep Losses

Tue, 01/19/2016 - 10:33am
U.S. stocks opened higher on Tuesday, recovering some of the steep losses suffered during the previous week.
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J.C. Penney Introducing Appliances In Three Pilot Markets

Tue, 01/19/2016 - 10:23am
J.C. Penney Co. Inc. said it will introduce kitchen and laundry appliances in 22 pilot stores across the San Antonio, San Diego, and Tampa, FL markets starting Feb. 1.
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AIG's Stock Climbs After Carl Icahn Pushes For a Breakup

Tue, 01/19/2016 - 10:03am
American International Group Inc.'s stock ran up 1.7% in premarket trade Tuesday, after activist investor Carl Icahn issued an open letter to the insurer's board, again pushing for a break-up of the company.
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What to Do with the Market's Volatility

Tue, 01/19/2016 - 9:55am
Markets do not follow a calendar, nor should they be followed by one. A well-diversified investment portfolio should not be touched - only rebalanced due to market movement.
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Rouse Properties' Stock Soars After Brookfield Makes Buyout Bid

Tue, 01/19/2016 - 9:42am
Rouse Properties Inc.'s stock soared 26% in premarket trade Tuesday, after the real estate investment trust said it received an unsolicited buyout bid from Brookfield Asset Management for $17 a share.
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Incyte's Stock Surges After Receiving Milestone Payment From Eli Lilly

Tue, 01/19/2016 - 9:16am
Shares of Incyte Corp. surged 4% in premarket trade Tuesday, after Eli Lilly & Co. said it will make a $35 million milestone payment to the biopharmaceutical company following the companies' submission of a new drug application for a rheumatoid arthritis treatment.
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AIG Raises Global Commercial Property Limits To $2.5 Billion Per Occurence

Tue, 01/19/2016 - 9:13am
American International Group Inc. said Tuesday it is raising its global commercial property limits to $2.5 billion per occurrence from $1.5 billion in a move prompted by growing demand for capacity.
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Sam's Club To Accept Visa In February

Tue, 01/19/2016 - 9:10am
Wal-Mart-Stores Inc. said on Tuesday that it will accept Visa Inc. credit cards at Sam's Club locations starting Feb. 1. Sam's Club has more than 650 stores in the U.S. and Puerto Rico.
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Global Water Resources Files To Go Public

Tue, 01/19/2016 - 8:52am
Global Water Resources Inc., a Phoenix, Ariz.-based water management company, filed to go public Tuesday morning.
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Fitbit's Stock Target Reduced To $30 At SunTrust, But Analysts Stay Bullish

Tue, 01/19/2016 - 8:50am
Fitbit Inc.'s stock target was lowered to $30 from $48 at SunTrust Robinson Humphrey on Tuesday, though analyst Robert Peck reiterated a buy rating on the stock, saying the company's long-term fundamentals remain strong.
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Starbucks Launches Spotify Service For Mobile App Customers

Tue, 01/19/2016 - 8:47am
Starbucks Corp. said it will give its mobile app customers access to the Spotify music streaming service starting Tuesday.
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Procter & Gamble's Stock Climbs After Analyst Upgrade

Tue, 01/19/2016 - 8:33am
Procter & Gamble Co.'s stock climbed 1.8% in premarket trade Tuesday, after the consumer products giant was upgraded at Stifel Nicolaus, which cited expectations of accelerating sales and attractive valuation and dividend yield.
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Johnson & Johnson Plans to Cut 6% of Workforce

Tue, 01/19/2016 - 8:17am
Johnson & Johnson said it would cut up to 6% of its workforce in its medical-devices division as part of an effort to cut $1 billion in annual costs.
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Bank of America's 4Q Profit Rises 9.8%

Tue, 01/19/2016 - 7:51am
Bank of America reported a 9.8 percent rise in profit for the final quarter of the year, helped by lower expenses.
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Morgan Stanley's 4Q Earnings Beat Estimates

Tue, 01/19/2016 - 7:45am
Morgan Stanley reported a fourth-quarter profit, compared with a year-earlier loss, as its legal costs plunged and compensation expenses fell..
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China Central Bank to Inject $91B to Ease Liquidity Strains

Tue, 01/19/2016 - 7:41am
China's central bank said on Tuesday that it will inject over 600 billion yuan ($91.22 billion) to help ease a liquidity squeeze.
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Twitter Goes Down for Some Users

Tue, 01/19/2016 - 6:58am
Twitter suffered a major interruption Tuesday, with some users unable to log on to the social-media service for more than two hours.
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UnitedHealth's 4Q Revenue Rises 30%

Tue, 01/19/2016 - 6:48am
UnitedHealth Group reported a better-than-expected quarterly profit, helped by strength in its Optum pharmacy benefit management business.
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IEA says oil market to remain oversupplied until late 2016

Tue, 01/19/2016 - 6:00am
Unseasonably warm weather and rising supply will keep the crude oil market oversupplied until at least late 2016, the International Energy Agency said in its monthly report on Tuesday.
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U.S. Stock-Index Futures Rally on China Stimulus

Tue, 01/19/2016 - 5:35am
U.S. equity futures surged after China's central bank moved to inject more liquidity into the market after a batch of weak economic data.
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