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Strong demand helped CSX in 2Q but railroad had to scramble to keep up with volume

Wed, 07/16/2014 - 10:25am
CSX Corp. officials are optimistic about the railroad's long-term results, but its third-quarter profit will likely be relatively flat.
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Ackman urges Allergan talks with Valeant, no delay to special meeting

Wed, 07/16/2014 - 10:24am
Activist investor Bill Ackman urged Botox maker Allergan Inc to negotiate a possible takeover by Valeant Pharmaceuticals Inc and not delay a special shareholder meeting that could overturn most of Allergan's board.
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Yellen House Testimony Identical to Senate Version

Wed, 07/16/2014 - 10:20am
U.S. Federal Reserve Chair Janet Yellen's testimony as prepared for delivery to the House of Representatives Financial Services Committee on Wednesday is a repeat of the remarks she delivered before the Senate Banking Committee a day earlier.
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Know Before the Bell: Car Hackers and Frito-Lay's Flavor Contest

Wed, 07/16/2014 - 10:07am
Hackers may begin targeting your car, and PepsiCo's Frito-Lay will have you biting into a cappuccino.
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Homebuilder Sentiment Higher in July

Wed, 07/16/2014 - 10:05am
Homebuilder sentiment rose in July from the month prior, and exceeded Wall Street's expectations.
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Home-builder Confidence Highest In Six Months: NAHB

Wed, 07/16/2014 - 9:59am
Home builders turned optimistic this month, with a gauge of their confidence rising four points to 53 in July, hitting the highest level in six months, according to National Association of Home Builders/Wells Fargo data released Wednesday.
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Intel Gains, Yahoo Losses Lead Tech Sector Action

Wed, 07/16/2014 - 9:55am
Intel Corp. and Yahoo Inc. took the tech-sector spotlight in early trading Wednesday following those companies' latest earnings reports.
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Apple-IBM alliance dents BlackBerry's stock price

Wed, 07/16/2014 - 9:50am
BlackBerry Ltd's (NASDAQ:BBRY) shares took a hit on Wednesday after International Business Machines Corp (NYSE:IBM) said it planned to partner with Apple Inc (NASDAQ:APPL) to sell iPhones and iPads loaded with applications geared to business users.
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Homebuilders focus on family pets in rising trend of catering to furry friends

Wed, 07/16/2014 - 9:43am
These homes are set apart by their amenities — for dogs.
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US stocks move higher on earnings reports; Time Warner soars on Murdoch bid

Wed, 07/16/2014 - 9:37am
Stocks are opening higher following strong earnings results from big U.S. companies.
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Murdoch's Twenty-First Century Fox confirms Time Warner rebuffed its acquisition bid

Wed, 07/16/2014 - 9:32am
Time Warner has rejected a takeover bid from Twenty-First Century Fox and says it has no interest in further discussions with Rupert Murdoch's media entertainment giant.
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Wall Street Gains on Fresh Round of M&A Talk

Wed, 07/16/2014 - 9:29am
U.S. equities were rooted deeply in the green at the opening bell after a fresh round of M&A talks, and better-than-expected earnings and economic data.
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US stock index futures edge higher on earnings reports; Time Warner soars on Murdoch bid

Wed, 07/16/2014 - 9:23am
U.S. stock futures are pointing to a higher opening Wednesday on second-quarter earnings reports and deal news.
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Foreign holdings of US Treasury rise in May; China ups holdings for first time since January

Wed, 07/16/2014 - 9:06am
Foreign buyers of U.S. Treasury securities increased their holdings in May to another record high.
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HCA Shares Rise 4.8% As Company Raises Outlook

Wed, 07/16/2014 - 8:49am
HCA Holdings Inc. shares surged almost 5% in premarket trade Wednesday, after the company raised its earnings guidance for the second quarter and full year.
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BMW recalls 1.6M 3-Series cars to fix air bag problem that's affecting global auto industry

Wed, 07/16/2014 - 8:43am
BMW is expanding a recall of its most popular models to fix a growing air bag problem that is hitting much of the auto industry.
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Lew: cyberattacks aim to disrupt U.S. financial system

Wed, 07/16/2014 - 8:42am
The hundreds of cyberattacks against U.S. banks and other institutions in recent years represent a targeted attempt to more broadly disrupt the U.S. financial system, Treasury Secretary Jack Lew said on Wednesday.
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Twenty-First Century Fox confirms Time Warner rebuffed its acquisition bid

Wed, 07/16/2014 - 8:41am
Rupert Murdoch's Twenty-First Century Fox says Time Warner rejected its offer last month to combine the two media entertainment giants.
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Producer Prices Rise More than Expected in June

Wed, 07/16/2014 - 8:34am
Prices for wholesale good rose more than expected in June with gains across most categories, indicating some inflation at the factory gate.
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U.S. Wholesale Prices Resume Upward Trend In June

Wed, 07/16/2014 - 8:30am
U.S. wholesale prices rose in June to more than overset a surprise drop in the prior month, as the cost of energy surged, the government said Wednesday.
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