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Stock Market News

Dollar tree profit falls 2.6 percent
Dollar tree profit falls 2.6 percent
By Reuters - Aug 21, 2014

(Reuters) - Dollar Tree Inc (O:DLTR) reported a 2.6 percent fall in quarterly profit as costs increased. Net income fell to $121.5 million, or 59 cents per share, in the second quarter ended Aug. 2 ...

Sears posts loss for ninth straight quarter
Sears posts loss for ninth straight quarter
By Reuters - Aug 21, 2014

(Reuters) - Sears Holdings Corp (O:SHLD), owner of Sears department stores and Kmart discount chain, reported its ninth straight quarterly loss as sales continued their decade-long fall. Loss ...

Dollar General questions motives of Family Dollar CEO
Dollar General questions motives of Family Dollar CEO
By Reuters - Aug 21, 2014

(Reuters) - Dollar General Corp (N:DG) questioned whether Family Dollar Stores Inc (N:FDO) Chief Executive Howard Levine was being driven by self-interest in his support of a proposed takeover of his...

Asia shares slip as China disappoints, Japan bucks trend
Asia shares slip as China disappoints, Japan bucks trend
By Reuters - Aug 21, 2014

By Wayne Cole SYDNEY (Reuters) - Asian shares came under pressure on Thursday as a disappointing survey on Chinese manufacturing stoked concerns about the regional giant and overshadowed better news ...

Asian shares mixed after weak HSBC China flash PMI survey
Asian shares mixed after weak HSBC China flash PMI survey
By Investing.com - Aug 21, 2014

Investing.com - Asian shares were mixed Thursday after a weak report on Chinese manufacturing activity. The Hang Seng was down 0.6%, after HSBC reported that its flash China manufacturing Purchasing ...

Icahn reveals stake in Hertz, plans to push management
Icahn reveals stake in Hertz, plans to push management
By Reuters - Aug 21, 2014

By Svea Herbst-Bayliss BOSTON (Reuters) - Billionaire investor Carl Icahn said on Wednesday that he owns an 8.5 percent stake in Hertz Global Holdings Inc and plans to pressure the rental car ...

Dow, S&P 500 rise after Fed minutes reassure on rates
Dow, S&P 500 rise after Fed minutes reassure on rates
By Reuters - Aug 20, 2014

By Akane Otani NEW YORK (Reuters) - U.S. stocks ended mostly higher on Wednesday, with the S&P 500 just missing a record close, after minutes from the Federal Reserve's July meeting gave investors...

U.S. stocks rise on upbeat Fed minutes; Dow rises 0.35%
U.S. stocks rise on upbeat Fed minutes; Dow rises 0.35%
By Investing.com - Aug 20, 2014

Investing.com - U.S. stocks finished Wednesday largely higher after the minutes from the Federal Reserve's July policy meeting suggested that the labor market is improving to the point that rate hikes...