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
General Mills CEO Powell's Fiscal 2012 Compensation at $12.2 Million
General Mills Inc. (GIS) Chief Executive Ken Powell received total compensation of $12.2 million in fiscal 2012, a slight decline from the prior year, according to a filing with the Securities and Exchange Commission.
Wholesale Inventories Make Largest Drop Since September
Wholesale inventories slipped 0.2% to $481.9 billion in June as the value of petroleum stocks fell by the most in more than 3-1/2 years.
AMC Networks Grows 2Q Sales, Earnings Despite Dish Battle
AMC Networks posted a 34% increase in second-quarter profit and better-than-expected sales on Thursday despite a prolonged blackout with Dish.
Cisco Sees Green on Goldman, Piper Upgrades
Shares of Cisco Systems leaped almost 3% and led the blue chips higher after the tech giant scored a pair of bullish calls from analysts, including a coveted “conviction buy” rating from Goldman Sachs (NYSE:GS).
MARKET SNAPSHOT: U.S. Stock Indexes Edge Higher
U.S. stocks tilted mildly higher Thursday as investors found little reason for a decisive move after extended gains.
Cargill Fiscal 4Q Net Slides 82% On Trading, Processing
Cargill Inc. on Thursday reported an 82% slide in fiscal fourth-quarter profit, citing tough trading conditions in beef and soybean processing and an economic and political environment that the agribusiness group has said distorts the pricing of risk.
China to Raise Retail Fuel Prices for First Time Since March
China will raise retail fuel prices effective Friday, for the first time since March, amid higher benchmark global oil prices.
TD Ameritrade Daily Trading Volume Up 1% In July From June, Down On Year
TD Ameritrade Holding Corp. (AMTD) reported its average daily trading volume edged higher in July from June, although it was markedly weaker than a year earlier.
J.P. Morgan Admits "Material Weakness" as 1Q Net Cut By $459M
Citing a “material weakness” in its internal controls, J.P. Morgan Chase formally restated its first-quarter results to reveal a $459 million reduction in net income due to losses tied to the infamous trading blunder in its London chief investment office.