Wall Street Doubles U.S. Sales Forecast
Analysts are increasing forecasts for S&P 500 Index companies as the biggest expansion in profitability since 2002 ends
BusinessWeek.com — Finance
Analysts are increasing forecasts for S&P 500 Index companies as the biggest expansion in profitability since 2002 ends
BusinessWeek.com — Finance
Analysts are increasing sales forecasts for Standard & Poor’s 500 Index companies by the most in three years, compensating investors as the biggest expansion in profitability since 2002 ends.
BusinessWeek.com — Finance
Investors expanded their platinum holdings in funds faster than for any other precious metal this year, in a bet that mining companies digging as deep as 1.4 miles underground will fail to meet record consumption.
BusinessWeek.com — Finance
Bloomberg’s Elliott Gotkine reports on the price of silver, which more than doubled in the last 12 months, climbing to its most expensive level versus gold since 1983.
BusinessWeek.com — Finance
Goldman Sachs Group Inc. awarded Chairman and Chief Executive Officer Lloyd C. Blankfein $ 19 million in compensation for 2010, almost double the prior year, and granted him the first cash bonus in three years.
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The Internal Revenue Service audited 18.4 percent of taxpayers reporting income above $ 10 million last year, up from 10.6 percent the previous year.
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Hartford Financial Services Group Inc., the insurer that repaid a U.S. bailout last year, raised its dividend for the first time since 2007 after fourth-quarter profit climbed as investment losses narrowed. Shares gained in late trading in New York.
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Leveraged-loan issuance in the U.S. more than doubled this year, as private-equity firms sought funds for buyouts and borrowers refinanced debt amid a rebound from the worst financial crisis since the Great Depression.
BusinessWeek.com — Finance