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
EARNINGS FORECAST TABLE: RWE AG First Half Of 2012
The following is a summary of analysts' forecasts for RWE AG's (RWE.XE) first-half results, based on a poll of 10 analysts conducted by Dow Jones Newswires (Figures in millions of euros.
MARKET SNAPSHOT: U.S. Stock Indexes Edge Higher
U.S. stocks tallied mild gains Thursday as an unexpected drop in jobless claims gave investors impetus to extend the market's recent rise.
CPSC: GE Recalls 1.3 Million Dishwashers on Fire Hazard
General Electric Co. (GE) is recalling about 1.3 million of its dishwashers after receiving reports of heating element failures that led to fires, the U.S. Consumer Product Safety Commission said.
E*Trade Ousts Chief Executive, Names Chairman As Interim CEO
E*Trade Financial Corp.'s (ETFC) board dismissed Chief Executive Steven Freiberg and named its current chairman, brokerage industry veteran Frank Petrilli, to be the company's interim CEO while it conducts a search for a replacement.
MBIA, Horizon Pharma Among Stocks Gapping Up Thursday
Today, these stocks gapped up with opening prices significantly higher than the close on the previous trading day: MBIA (NYSE:MBI) gapped up today, opening at $9.82 after closing the previous trading session at $8.76.
ACCO Brands Corporation, Rosetta Stone Among Stocks Gapping Down Thursday
These are stocks that gapped down today and had opening prices significantly lower than the close on the previous trading day: With an opening price of $7.51, ACCO Brands Corporation (NYSE:ACCO) gapped down from its previous close of $8.82.
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.