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Updated: 3 min 23 sec ago
Sales of existing homes fell more than expected in January as the combo of cold weather and a lack of housing stock sidelined potential buyers.
Groupon Inc. took a beating Friday as the e-commerce company's shares fell more than 15% to $8.67, their lowest point in six months.
Shares of Hewlett-Packard rallied early Friday, giving the tech sector an early boost, a day after H-P posted results that beat Street estimates.
Ukraine's President Viktor Yanukovych and opposition leaders have signed an agreement to end the political crisis in the country that has left at least 77 people dead in violent clashes.
A U.S. appeals court on Friday said it would hear appeals by seven groups of petitioners, including pension plans for Detroit's police and firefighters, of the city's eligibility for bankruptcy.
Royal Dutch Shell reached a deal to sell its refinery and gas stations in Australia to energy trader Vitol for $2.6 billion, as the oil giant continues to shed less profitable businesses.
Brent crude oil slipped to around $110 a barrel on Friday but remained on course for its highest weekly close this year, as supply disruptions in Africa have tightened the market.
The president will drop from previous proposals any effort to curb the rapidly escalating problems with social security: payouts rising more rapidly than the money flowing into the trust funds.
Ecolab Inc. said Friday its fourth-quarter profit rose to $287.1 million, or 93 cents a share, from $231.4 million, or 77 cents a share, a year earlier.
Charter Communications Inc, which said earlier this month that it would wage a proxy battle for control of the board of Time Warner Cable Inc, posted a fourth-quarter profit, compared year-earlier loss, helped by growth in revenue from its internet, commercial and video businesses.
In recent years, a bevy of messaging apps has fought for global domination, with many boasting a lucrative combination of communications features, online shopping and games.
U.S. Treasury prices fell Friday, sending yields higher, as investors looked ahead to U.S. housing data.
Gold steadied on Friday and was on track to end the week little changed as rising U.S. yields and a firmer tone to economic data lifted stock markets and the dollar, putting the brakes on a rally that had taken prices to 3-1/2 month highs.
Charter Communications Inc. reported it swung to a fourth-quarter profit of $39 million, or 35 cents a share, from a loss of $40 million, or 41 cents a share, a year earlier.
JPMorgan Chase announced an agreement to have a shareholder proposal withdrawn that would have called for the bank to eventually install an independent chair.
Fannie Mae said on Friday it would soon send the U.S. Treasury $7.2 billion, a profit-related dividend that makes taxpayers whole for the 2008 bailout of the mortgage-finance giant and its sibling company Freddie Mac.
Royal Bank of Scotland is to shrink its investment banking and international operations in a revamp in which the group could shed up to a quarter of its 120,000 workforce, sources familiar with the matter said.
Dish Network posted a 38% jump in fourth-quarter profits as the pay-TV provider continued to add customers and generated more revenue per subscriber.
U.S. stock-index futures climbed on Friday ahead of a report on the housing market, with Wall Street looking to cap the week little changed.
Stock futures were on track for a weekly gain ahead of fresh data on the housing market, which has suffered from the unusually cold winter.