HARTFORD, Conn. (AP) — United Technologies Corp. is forecasting earnings just shy of Wall Street's forecast.
NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:
NEWS: Adobe Systems Inc., the maker of Photoshop software, reported Thursday that its fiscal fourth-quarter profit shrank as its shift to cloud-based software cuts into profitability. Its forecast fell short of Wall Street expectations, but subscribers grew, helping lift shares in extended trading.
The stock market fell to its lowest level in a month Thursday as investors worried that the end may be nearing for the Federal Reserve's support for the economy.
Stocks fell on Thursday, marking the third day in a row of declines and putting the big indices on track for their second weekly loss in a row.
THREE DAYS DOWN: The third decline in as many days means stocks are poised for a loss for the week. The Dow Jones industrial average has fallen in eight of the past 10 days.
Gold and silver futures fell sharply on Thursday as a budget deal and a brighter outlook on the U.S. economy appeared to strengthen the case for the Federal Reserve to start easing back on its stimulus.
NEW YORK (AP) — Stocks are lower on Wall Street as prospects for a budget deal and more signs of a U.S. recovery suggest that the Federal Reserve may wind down its support for the economy.
NEW YORK (AP) — Lululemon's image problems are starting to take a toll on its business, the yoga clothing seller's executives acknowledged Thursday.
GENEVA (AP) — The global airline industry expects its profits to jump to a record high next year, helped by falling jet fuel prices, rising travel demand and cost-cutting.