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Finance news Stories

Target cuts full-year forecast after weak first quarter

By Jessica Wohl (Reuters) – Target Corp cut its full-year profit forecast on Wednesday while turning in a weak first quarter with disappointing sales, as a chilly start to spring kept shoppers from buying seasonal items like clothing. Target warned … Continue reading

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Bernanke spurs stock volatility, dollar gains

By Ryan Vlastelica NEW YORK (Reuters) – Stocks, bonds and currencies took a wild ride on Wednesday after Federal Reserve Chairman Ben Bernanke said the U.S. central bank’s massive bond-buying program would remain in place for now, even as the … Continue reading

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U.S. stocks, oil fall after Bernanke; dollar gains

By Ryan Vlastelica NEW YORK (Reuters) – Stocks, bonds and currencies took a wild ride on Wednesday, as remarks by Federal Reserve Chairman Ben Bernanke failed to provide the clear picture investors had hoped for of the likely continuation of … Continue reading

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HP’s slumps deepens in 2Q as earnings fall 32 pct

SAN FRANCISCO (AP) — Hewlett-Packard’s slump is deepening as the world’s largest personal computer maker scrambles to meet the growing demand for more versatile and less expensive mobile devices. The latest evidence of Hewlett-Packard Co.‘s continuing downfall came in a … Continue reading

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PIMCO’s Gross Says Fed Likely to Ease Stimulus in September

HP raises 2013 outlook as Whitman’s plan takes holdReuters Hewlett-Packard Co raised its 2013 earnings outlook after quarterly results beat low expectations, as CEO Meg Whitman’s … Article source: Article Source

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HP Second Quarter Earnings Beat, Shares Pop After Hours

By Poornima Gupta SAN FRANCISCO (Reuters) – Hewlett-Packard Co raised its 2013 earnings outlook after quarterly results beat low expectations, as CEO Meg Whitman’s turnaround plan helped offset shrinking personal computer sales with enterprise computing services. While fiscal second-quarter profit … Continue reading

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Wells Fargo Survey: Student Loan Debt Is the Biggest Financial Worry for Millennials

As college students across the country graduate from universities or get ready to, student loan bills will await many of them. Related: Yes, Despite the Student Loan ‘Crisis,’ College IS Worth It For the millennials that have already passed this … Continue reading

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Why the Rich Don’t Feel Rich

There’s just about no tolerance left in America for wealthy people griping about their financial woes. But put down the pitchforks for a moment and consider one possible exception we might all learn something from. The money-news site The Billfold … Continue reading

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Global shares grind higher, yen rebounds on minister’s remarks

By Herbert Lash NEW YORK (Reuters) – Global equity markets mostly rose on Monday, driven higher by a flurry of merger and acquisition activity, while a recent tumble in the yen against the dollar halted after Japan‘s economy minister suggested … Continue reading

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World stocks grind higher, yen rebounds on minister’s remarks

By Herbert Lash NEW YORK (Reuters) – Global equity markets mostly rose on Monday, driven higher by a flurry of merger and acquisition activity, while a recent tumble in the yen against the dollar halted after Japan’s economy minister suggested … Continue reading

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Finance News

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