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IntercontinentalExchange swung to a fourth-quarter loss as the exchange operator posted $131 million of expenses related to integrating NYSE Euronext.
Philadelphia Fed President Charles Plosser on Tuesday continued to make the case for ending the current asset purchase program sooner to reflect the improvement in the economic outlook and to lessen some of the communications problems the Federal Open Market Committee will face with its forward guidance.
Goldman Sachs and Deutsche Bank are quietly trying to get out of a business few people know they are even in: trading supplies of raw uranium known as yellowcake.
Assessing the U.S. economy's underlying economic trends has become more difficult because of record low temperatures and heavy snowfall across much of the nation, Federal Reserve Bank of Philadelphia President Charles Plosser said on Tuesday.
ConAgra Foods Inc, the maker of Chef Boyardee pastas and Slim Jim beef jerky, cut its full-year profit outlook, citing weak profits in its private label business and lower sales of certain key brands in its consumer foods division.
CVS Caremark Corp posted higher quarterly profit on Tuesday as it processed more prescriptions and benefited from the introduction of new generic drugs, helping it offset a drop in store visits by customers.
In her first testimony to Congress as Fed chief, Janet Yellen said in prepared remarks she stands by the central bank’s current monetary policy.
U.S. chemical maker Huntsman Corp's fourth-quarter adjusted profit comfortably beat analysts' estimates, helped by higher demand for polyurethane used in foam insulation and paint pigments.
Spot gold climbed to its highest in almost three months on Tuesday, as the dollar fell ahead of congressional testimony by new Federal Reserve chief Janet Yellen that could give clues on the pace of its stimulus tapering.
The largest U.S. advertising company, reported a better-than-expected 2.9% increase in revenue, helped by growth in its international markets.
U.S. stock-index futures climbed Tuesday, extending tepid gains from the last session, as traders awaited Fed chair Yellen's Congressional testimony.
The Swiss food group is selling an 8% stake in L'Oreal, loosening their 40-year partnership, allowing both firms to boost earnings per share.
Stock futures pointed to a firmer start as optimism grew that Fed Chief Janet Yellen will signal continued monetary support for the economy.
A gauge of optimism among small businesses ticked up one-fifth of a point to 94.1 in January, led by sales expectations and hiring plans, according to data released Tuesday.
Sprint Corp. said Tuesday its fourth-quarter net loss narrowed to $1.04 billion, or 26 cents a share, from a year-earlier loss of $1.32 billion, or 44 cents a share.
Shirley Temple Black, best known for her curls and popular childhood movies during the Great Depression, has died at the age of 85, according to media reports.
U.S. airline Virgin America could go public as soon as the second half of 2014, the Financial
European stock markets headed for a fifth straight day of gains on Tuesday as investors waited for Janet Yellen to give her first testimony as U.S. Federal Reserve Chairwoman later in the day.
Swiss food group Nestle SA said Tuesday that it will sell an 8% stake that it owns in L'Oreal SA back to the French cosmetics group in a deal worth around 6.5 billion euros ($8.88 billion).
Oil futures nosed fractionally higher in electronic trade Tuesday, with investors largely on hold ahead of congressional testimony from Federal Reserve Chairwoman Janet Yellen which could shed further light on the U.S. policy outlook.