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Market Wrap For May 20: Markets Sharply Lower On Fed Talk, Disappointing Earnings
Tuesday, May 20, 2014 - 4:42pm | 2471U.S. stocks declined following troubling words from a Federal Reserve official. In a speech delivered Tuesday, the Fed's Charles Plosser hinted that the Federal Reserve should reduce the pace of its asset purchases in measured steps but an increase in interest rates “may come sooner than many...
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Target Shares Edge Lower As Company's Canadian President Is Replaced
Tuesday, May 20, 2014 - 11:10am | 156Target (NYSE: TGT) shares are trading down as much as 1.61 percent ($57.36) Tuesday morning, in reaction to the news that the company has fired the president of Canadian operations. Target Canada President Tony Fisher will be replaced by Senior Vice President of Merchandising Mark Schindele,...
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News Summary (SNWL, TGT, AMZN, AAPL, BKS, SNE)
Thursday, June 3, 2010 - 10:31am | 360According to Dennis Lockhart, President of Atlanta Fed, the US economy has become strong enough for the Federal Reserve to consider hiking interest rates. He said, "The time is approaching when it will be appropriate to consider recalibrating interest rate policy. I do not believe that time has yet...