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SunPower Quarterly Profit Beats Estimates

Tue, 02/24/2015 - 10:11am
SunPower, the second-largest U.S. solar panel maker, reported a better-than-expected quarterly profit, helped by strong demand from utilities for power from its solar plants.
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U.S. Home Rrices Rise in December: S&P/Case-Shiller

Tue, 02/24/2015 - 10:08am
U.S. single-family home prices rose in December, led by strong increases in the western half of the United States, a closely watched survey said on Tuesday.
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Home-price Growth Last Year Doubled Inflation, Case-Shiller Index Finds

Tue, 02/24/2015 - 10:00am
House prices edged up 0.1% in December to take the year-on-year change to 4.5% -- or put another way, twice the rate of inflation, according to the S&P/Case-Shiller 20-city composite released Tuesday.
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US market indexes drift in early trading ahead of remarks by Fed Chair; Home Depot jumps

Tue, 02/24/2015 - 9:46am
U.S. stock indexes are drifting between small gains and losses in early trading as investors continue to watch for news from Greece and the Federal Reserve.
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JPMorgan Eyes $1.4B in Cost Savings in 2015

Tue, 02/24/2015 - 9:38am
JPMorgan Chase said on Tuesday it is aiming to save around $1.4 billion in annual expenses by cutting costs and simplifying businesses mainly in its consumer- and investment-banking units.
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Macy's Holiday-Quarter Sales Miss Analysts' Estimates

Tue, 02/24/2015 - 9:24am
Department store chain Macy's reported a less-than 2 percent rise in sales in the holiday shopping quarter, falling short of analysts' estimates.
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Congress sends Keystone bill to Obama, who plans to veto it over Republican objections

Tue, 02/24/2015 - 9:13am
House Speaker John Boehner (BAY'-nur) says Congress is sending President Barack Obama legislation to build the Keystone XL pipeline on Tuesday.
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Cuomo administration moves to raise servers' base wage from $5 to $7.50 in New York state

Tue, 02/24/2015 - 9:13am
Restaurant servers, hotel housekeepers and other tipped workers in New York state will soon make $7.50 an hour before tips.
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Oil Rebounds Above $59 After Libya's Largest Field Shuts

Tue, 02/24/2015 - 9:13am
Brent crude oil reversed early losses to trade back above $59 a barrel on Tuesday as Libya's largest oilfield stopped production, and as traders awaited U.S. oil inventory data to see whether it would show another large increase.
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Macy's Profit Beats, Sales Slightly Short

Tue, 02/24/2015 - 9:11am
Macy's Inc. said Tuesday it had net earnings of $793 million, or $2.26 a share, in the fourth quarter, compared with $811 million, or $2.16 a share, in the year-earlier period.
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Stock Futures Flat Ahead of Yellen Testimony

Tue, 02/24/2015 - 9:01am
U.S. stock index futures were little changed on Tuesday, with the Dow and S&P 500 holding near record levels ahead of testimony by Federal Reserve Chair Janet Yellen and a flurry of economic data.
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Gold Slips on Relief Over Greece; Fed Eyed

Tue, 02/24/2015 - 8:55am
Gold slid below $1,200 an ounce on Tuesday as relief that Greece had submitted reform plans to its international partners boosted appetite for assets viewed as higher-risk, such as stocks
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Comcast Revenue Rises as It Adds Video, Internet Customers

Tue, 02/24/2015 - 8:49am
Comcast Corp, the largest U.S. cable operator, posted fourth-quarter revenue that marginally beat estimates as the company added new video and high-speed internet customers.
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Yellen Monetary Policy on Tap

Tue, 02/24/2015 - 8:45am
Federal Reserve Chair Janet Yellen begins two days of testimony Tuesday before Congress and the goal of the politicians will be to glean from Yellen some as-yet ungleaned clue as to the when the central bank plans to raise interest rates.
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Office Depot's Quarterly Sales Rise 10%

Tue, 02/24/2015 - 8:45am
Office supply retailer Office Depot Inc's quarterly sales rose nearly 10 percent, helped by the acquisition of OfficeMax.
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Home Depot Sets $18B Buyback, Profit Beats Estimates

Tue, 02/24/2015 - 8:39am
Home Depot, the world's No.1 home improvement chain, reported a better-than-expected rise in quarterly same-store sales said it would buy back $18 billion of its shares.
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Pinnacle Foods Profit Matches Estimate, Sales Fall Short

Tue, 02/24/2015 - 8:33am
Pinnacle Foods said Tuesday it had net profit of $36.1 million, or 31 cents a share, in the fourth quarter, down from $55.7 million, or 48 cents a share, in the year-earlier period.
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Gallup: 2014 uninsured rate was lowest in 7 years; states embracing Obama's law set the pace

Tue, 02/24/2015 - 8:14am
The share of Americans without health insurance dropped to its lowest level in seven years in 2014 as President Barack Obama's overhaul took full effect, according to an extensive survey released Tuesday.
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Office Depot's Stock Gains As Profit Beat Offsets Sales Miss

Tue, 02/24/2015 - 8:07am
Shares of Office Depot Inc. rose 1.8% in premarket trade Tuesday, as the office supply retailer beat fourth-quater profit expectations, but came up a bit short on sales.
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US consumer confidence likely slipped this month from strong January reading

Tue, 02/24/2015 - 7:31am
The Conference Board releases its February index on U.S. consumer confidence Tuesday at 10 a.m. Eastern.
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