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Finance News

Amgen hikes 2015 forecast after 2Q increase in profit, sales

Amgen hikes 2015 forecast after 2Q increase in profit, sales

8 hours 34 mins ago
TRENTON, N.J. (AP) — Amgen Inc. shares jumped in extended trading after the maker of osteoporosis drug Prolia easily beat Wall Street's second-quarter profit expectations and hiked its 2015 financial forecast. Full Story
Spring rebound for US economy sets stage for Fed rate hike

Spring rebound for US economy sets stage for Fed rate hike

10 hours 29 mins ago
WASHINGTON (AP) — The U.S. economy isn't moving at warp speed, but it looks like it will be strong enough to handle an expected interest rate increase later this year. Full Story
US stocks eke out tiny gains after erasing an early loss

US stocks eke out tiny gains after erasing an early loss

10 hours 52 mins ago
NEW YORK (AP) — Stocks ended the day mostly flat on Thursday, recovering from broad losses earlier in the day. Investors continue to focus on corporate earnings, and Thursday's batch brought mostly disappointing results from Procter & Gamble, Facebook and others. Full Story
US stocks recover from an early loss and are near breakeven

US stocks recover from an early loss and are near breakeven

12 hours 16 mins ago
NEW YORK (AP) — After starting the day broadly lower, U.S. stocks recovered nearly all of their losses by mid-afternoon Thursday and were trading near breakeven. Investors remain focused on earnings. A batch of disappointing results from Procter & Gamble, Facebook and others weighed on the market. Investors are also looking over a report that showed the U.S. economy rebounded in the second quarter. Full Story
IMF won't join Greek bailout before reforms, debt relief

IMF won't join Greek bailout before reforms, debt relief

12 hours 33 mins ago
WASHINGTON (AP) — The International Monetary Fund official cannot participate in another Greek bailout until Greece and its creditors make difficult decisions on economic reforms and debt relief, a fund official said Thursday. Full Story

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Other Top Stories

US economy posts solid 2.3 percent growth rate in Q2

US economy posts solid 2.3 percent growth rate in Q2

14 hours 50 mins ago
WASHINGTON (AP) — The U.S. economy posted a solid rebound in the April-June quarter after a harsh winter, led by a surge in consumer spending and a recovery in foreign trade that bode well for the rest of the year. Full Story
Fiat Chrysler raises outlook as Q2 profit jumps 70 percent

Fiat Chrysler raises outlook as Q2 profit jumps 70 percent

14 hours 58 mins ago
MILAN (AP) — Fiat Chrysler Automobiles raised its outlook Thursday after strong North American sales and a European recovery drove second-quarter earnings up 70 percent despite hefty U.S. recall costs. Full Story
Stocks mostly lower in US after some weaker company results

Stocks mostly lower in US after some weaker company results

15 hours 18 mins ago
NEW YORK (AP) — Stocks were slightly lower Thursday, following disappointing results from several big companies including Procter & Gamble, Whole Foods and Facebook. A positive report on U.S. economic growth did little to help the market. Full Story