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Intuitive Shares Fall On First-quarter Warning

Tue, 04/08/2014 - 5:14pm
Shares of Intuitive Surgical Inc. fell more than 8% after hours Tuesday as the maker of robotic surgery systems warned that first-quarter revenue would be down 24%, and off more than 13% from what analysts expected.
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NHTSA Fines GM for Late Response to Questions

Tue, 04/08/2014 - 4:54pm
General Motors was fined $28,000 by the top U.S. auto safety regulator for failing to respond to all of its questions related to the automaker’s ignition-switch recall.
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API Data Show Crude Supply Up Over 7 Mln Barrels

Tue, 04/08/2014 - 4:53pm
The American Petroleum Institute late Tuesday reported a jump of 7.1 million barrels in crude-oil supplies for the week ended April 4. Analysts surveyed by Platts had forecast a climb of 2.5 million barrels.
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Fed votes to adopt tougher leverage rules for big banks

Tue, 04/08/2014 - 4:48pm
The U.S. Federal Reserve voted on Tuesday to adopt tougher leverage requirements for the eight biggest U.S. banks.
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Alcoa Kicks Off Earnings Season with EPS Beat

Tue, 04/08/2014 - 4:30pm
Alcoa logged an adjusted 1Q earnings of 9 cents a share, topping views by four cents. Revenue of $5.45 billion was just below estimates.
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'Heartbleed' Bug Exposed Web Security Flaw: WSJ

Tue, 04/08/2014 - 4:21pm
A flaw in a Web encryption software used by most websites could make large amounts of data, including passwords, vulnerable to hacking, a media report said Tuesday.
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Fed's Plosser: Clear Regulatory Rules Are Best

Tue, 04/08/2014 - 4:20pm
Federal Reserve Bank of Philadelphia President Charles Plosser said Tuesday any further reforms of the financial regulatory system should feature clear rules that boost the market's own ability to contain risks.
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Alcoa Posts a Loss; Adjusted Earnings Top Targets

Tue, 04/08/2014 - 4:18pm
Alcoa Inc. reported late Tuesday a first-quarter net loss of $178 million, or 16 cents a share, reversing a year-ago profit of $170 million, or 13 cents a share.
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Oil Futures Vault on Lower Production Forecasts

Tue, 04/08/2014 - 4:17pm
U.S. oil futures rallied to a one-month high Tuesday after government forecasters lowered their estimate for domestic crude-oil production this year and next.
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Comcast defends merger as U.S. review kicks off

Tue, 04/08/2014 - 4:13pm
Comcast Corp sought to rebut critics of its planned $45.
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U.S. Stocks Post Modest Gains, Break 3-day Skid

Tue, 04/08/2014 - 4:04pm
U.S. stocks ended Tuesday with small gains, rebounding from three-straight sessions of heavy selling.
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Wall Street watchdog kicks off review of rules to gauge impact, costs

Tue, 04/08/2014 - 3:20pm
The Financial Industry Regulatory Authority, Wall Street's watchdog, on Tuesday launched a review of its rules to determine whether they are effective and their costs and benefits are in line with the securities industry's expectations, according to regulatory notices.
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U.S. FDIC adopts tougher bank leverage rules

Tue, 04/08/2014 - 2:53pm
The U.S. Federal Deposit Insurance Corp voted on Tuesday to adopt tougher leverage requirements for the biggest U.S. banks.
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Fed's Plosser Favors Release Of More Firm Information

Tue, 04/08/2014 - 2:45pm
In a speech on bank regulation and supervision, Philadelphia Fed President Charles Plosser said he favored publicly releasing more details about a firm's situation.
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Financial Stocks Fall On Pending Capital Rules

Tue, 04/08/2014 - 2:43pm
Financial stocks fell on Tuesday after regulators determined that the nation's eight biggest banks will have to meet new capital requirements.
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CME Halts Trading In Some Globex Futures, Options Markets

Tue, 04/08/2014 - 2:33pm
Some CME Globex futures and options markets have been halted, the CME Group announced
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Regulators To Approve New Capital Rules for Big Banks

Tue, 04/08/2014 - 2:22pm
Banking regulators on Tuesday took another step in their efforts to ensure that the largest U.S. banks have enough capital to withstand a financial crisis.
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After Halt, CME Restores Trading in Some Commodities

Tue, 04/08/2014 - 2:21pm
CME Group restored electronic trading in several agricultural contracts on Tuesday after the world's biggest commodities exchange operator was hit with a tech glitch.
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CVS To Pay SEC $20 Million For Disclosure Failure

Tue, 04/08/2014 - 1:55pm
CVS Caremark Corp. will pay the Securities and Exchange Commission $20 million to settle a case in which the drug-retail giant was charged with omitting critical financial data when it filed for a bond offering in 2009.
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CVS in $20M Settlement with SEC Over Accounting

Tue, 04/08/2014 - 1:38pm
CVS Caremark settled charges from the Securities and Exchange Commission that it used improper accounting to boost its results. 
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