The bleak retirement outlook for displaced workers
If you thought that Americans as a whole were unprepared for a secure retirement, you should see the ones who have lost their job.A report from the Transamerica Center for Retirement Studies finds many unemployed and underemployed workers have been dipping into their retirement accounts to fund
OIL FUTURES: Futures Tick Higher on U.S. Data, Stimulus Hopes
Crude-oil futures edged slightly higher Thursday after an unexpected drop in weekly jobless claims boosted optimism that U.S. economic strength could increase demand for oil.
U.S. Home Prices Post 7.3% Increase in 2Q
U.S. home prices posted the strongest quarterly increase in more than six years in the second quarter of the year and rose in 75% of local markets, another sign that the housing market is turning around.
Indian Oil Posts Biggest Ever Quarterly Net Loss
Indian Oil Corp. (530965.BY) Thursday posted a quarterly net loss that was the biggest ever by a listed Indian company, hurt by the government's policy of controlling some fuel prices and a steep fall in the local currency's value that made oil imports costlier.
EARNINGS FORECAST TABLE: E.ON 1st Half 2012
The following is a summary of analysts' forecasts for E.ON AG (EOAN.XE) 1st half-year results, based on a poll of three analysts conducted by Dow Jones Newswires (figures in million euros, EPS, dividend and target price in euro, according to IFRS).
Monster Beverage Hit By Sales Growth Concerns
Monster Beverage shares lost 7% to $63.01 Thursday morning, landing the high-growth stock among the top S&P 500 decliners.
U.S. DATA WEEK AHEAD: Wider Federal Deficit Seen For This July
The following are forecasts for this week's remaining data from a survey compiled by Dow Jones Newswires on Friday and Monday.
Elizabeth Arden Surges On Outlook
Shares of Elizabeth Arden Inc. , maker of Elizabeth Taylor and Justin Bieber fragrances, surged 20% to $46.56 on Thursday after its fiscal first-quarter profit and full-year outlook both topped analysts' estimates.
Wholesale Inventories Drop 0.2% In June
Wholesale inventories slipped 0.2% in June to a seasonally adjusted annual rate of $481.9 billion, the Commerce Department said Thursday, mostly on a drop in petroleum stockpiles but also as inventories for automotive, furniture and metals categories fell.
Valero, Sunoco Move Up As Energy Stocks Drift
Independent refiners were among the few energy stocks making headway at the open Thursday, with most of the sector joining the broader market in search of direction.