Dow Erases 2014 Gain Amid Global Selloff as Exxon Tumbles
U.S. stocks joined a global selloff, erasing the year’s gains in the Dow Jones Industrial Average, as Exxon Mobil to Micron Technology tumbled amid weaker corporate results.
Best & Worst U.S. Companies for 401(k) Benefits
Bloomberg ranked the 250 biggest companies in the U.S. on who offers the most generous 401(k) matches.
U.S. Stocks Fluctuate With Treasuries on Fed Comments; Oil Drops
U.S. stocks fell as the Fed said valuations for smaller companies in social media and biotech appear “substantially stretched.”
Morgan Stanley Beats Estimates on Fixed Income Surprise
A jump in fixed-income results helped Morgan Stanley post the only increase in trading revenue among the six biggest U.S. banks this year.
Some American Funds Clients Vulnerable to Heartbleed Bug
Parent company Capital Group urged 800,000 customers to change account passwords and other information to protect themselves from risk caused by the Heartbleed computer bug.
Fed Minutes Ease Concern on Rate Rise, Lifting Stocks
Several Fed policy makers said a rise in their median projection for the main interest rate exaggerated the likely speed of tightening.
Companies Squeeze 401(k)s From Facebook to JPMorgan
Employers are holding back on both the amount and the timing of 401(k) matching funds and dragging out vesting schedules.
Facebook Shares Hit New Low
Facebook Inc.'s IPO woes continued Thursday, as imposed ‘lockup’ deadline expired, allowing early investors to sell their shares.
Facebook Appears on Track for IPO in 2012
Social networking company forced to begin disclosing reams of financial information.