U.S. stocks extended a fifth straight weekly drop, the longest slump for the Dow Jones Industrial Average since 2004, as slower-than-estimated growth in jobs fueled concern that earnings forecasts are too optimistic.
BusinessWeek.com — Finance
U.S. stocks were poised to extend a fifth straight weekly drop, the longest slump for the Dow Jones Industrial Average since 2004, after lower-than-forecast growth in employment added to evidence the economy is slowing.
BusinessWeek.com — Finance
Colombia’s central bank raised its borrowing costs for a fourth month to cool inflationary pressures as bank lending and consumer spending fuel faster- than-expected economic growth.
BusinessWeek.com — Finance
First-quarter earnings have beaten forecasts so far, as companies from Apple Inc. to Novartis AG and LG Chem Ltd. wring more profit from operations worldwide and an economic pickup buoys sales.
BusinessWeek.com — Finance
U.S. stocks climbed, adding to the market’s biggest first-quarter rally in 13 years and sending the Dow Jones Industrial Average to an almost three-year high, as faster-than-forecast jobs growth boosted economic optimism.
BusinessWeek.com — Finance
Industrial & Commercial Bank of China Ltd., the world’s largest lender by market value, said credit may grow at the slowest pace in three years as Chinese banks heed a government call to restrain loans.
BusinessWeek.com — Finance
Assicurazioni Generali SpA, Europe’s third-biggest insurer, expects higher profit and margins this year, boosted by growth in the non-life segment.
BusinessWeek.com — Finance
Australia’s economy accelerated in the final three months of last year on gains in government spending and more investment in machinery and equipment.
BusinessWeek.com — Finance
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