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Mid-Afternoon Market Update: Markets Fall Following FOMC Statement; Adobe Remains on the Rise
Wednesday, June 19, 2013 - 3:41pm
Toward the end of trading Wednesday, the Dow traded down 0.75 percent to 15,202.86 while the NASDAQ declined 0.57 percent to 3,462.11. The S&P also fell, dropping 0.72 percent to 1,639.51. Top Headline FedEx (NYSE: FDX) reported a drop in its fourth-quarter profit. FedEx's quarterly profit...
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Wednesday, June 19, 2013 - 2:23pm
Fed Doesn't Taper, Maintains Purchases, Sees No Rate Rises Until 2014, Cuts Growth Forecast
The Federal Reserve's Federal Open Market Committee, the policy-setting group of economists, concluded their June meeting Wednesday. At the meeting, the FOMC decided to keep its QE program going at the current pace of $85 billion in purchases per month and views no rate rises until at least 2014....
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Wednesday, June 19, 2013 - 12:32pm
Mid-Day Market Update: La-Z-Boy Drops On Q4 Results, Nektar Gains
Midway through trading Wednesday, the Dow traded down 0.05 percent to 15,309.86 while the NASDAQ declined 0.09 percent to 3,479.11. The S&P also fell, dropping 0.08 percent to 1,650.51. Top Headline FedEx (NYSE: FDX) reported a drop in its fourth-quarter profit. FedEx's quarterly profit...
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Wednesday, June 19, 2013 - 11:32am
Ken Langone Goes Over the U.S. Education System's Reflection in the Employee Pool
Ken Langone, Geeknet (NASDAQ: GKNT) chairman and CEO, the venture capitalist behind the Home Depot (NYSE: HD) and Yum! Brands (NYSE: YUM), was on CNBC's Squawk Box as a guest-host for the majority of Wednesday morning. Langone started off with a nearly poetic list that displayed a fruitful year...
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Wednesday, June 19, 2013 - 11:05am
The Related Group's CEO Jorge Perez On Lowering Risk During Development In Miami
Jorge Perez, Related Group of Florida chairman and CEO, appeared on CNBC's Squawk Box Wednesday morning to chat about the increase in demand for properties in Miami, Florida, and some of their new approaches to the projects that they have under development. Building in Miami has not reached the...
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Mid-Morning Market Update: Markets Edge Lower, FedEx Posts Upbeat Profit
Wednesday, June 19, 2013 - 10:32am
Following the market opening Wednesday, the Dow traded down 0.17 percent to 15,292.21 while the NASDAQ declined 0.06 percent to 3,480.22. The S&P also fell, dropping 0.18 percent to 1,648.87. Top Headline FedEx (NYSE: FDX) reported a drop in its fourth-quarter profit. FedEx's quarterly profit...
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Wednesday, June 19, 2013 - 6:28am
Benzinga Market Primer: Wednesday, June 19: FOMC Edition
Free & Live Event: Join our very own Nic Chahine for a for a webinar tonight to discuss how to boost your weekly income using credit spreads. Click here to secure your spot now! Futures Tick Higher Ahead of Fed U.S. equity futures traded slightly higher ahead of the much anticipated Federal...
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Mid-Afternoon Market Update: Markets Rally Ahead of Fed Announcement Tomorrow; MannKind Drops
Tuesday, June 18, 2013 - 3:54pm
Toward the end of trading Tuesday, the Dow traded up 0.97 percent to 15,327.18 while the NASDAQ surged 0.94 percent to 3,484.41. The S&P also rose, gaining 0.83 percent to 1,652.81. Top Headline FactSet Research Systems (NYSE: FDS) reported an 11% rise in its fiscal third-quarter earnings....
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Tuesday, June 18, 2013 - 12:24pm
Mid-Day Market Update: Dow Surges Over 100 Points, John Wiley Shares Down
Midway through trading Tuesday, the Dow traded up 0.77 percent to 15,296.18 while the NASDAQ surged 0.79 percent to 3,479.41. The S&P also rose, gaining 0.66 percent to 1,649.81. Top Headline FactSet Research Systems (NYSE: FDS) reported an 11% rise in its fiscal third-quarter earnings....
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Tuesday, June 18, 2013 - 12:05pm
HotelTonight's CEO Sam Shank And Last-Minute Booking
You're on the go. It's last-minute. You're traveling somewhere and you need a hotel fast. Enter HotelTonight. Their CEO and co-founder Sam Shank appeared on CNBC Squawk Box on Tuesday morning to talk about the company's innovation on finding a hotel. HotelTonight is an app that offers cheap,...
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