| Dec 28, 2012
| 7:53 PM
Usually by early December, investment professionals have mapped out their outlook for the next year.
But such forecasting has been made difficult by the "fiscal cliff" — the confluence of spending cuts and higher taxes that kick in automatically...
| Dec 27, 2012
| 11:14 AM
Firearms maker Smith & Wesson Holding Corp. said it will buy back an additional $15 million of its stock as gun control talk swirls in the aftermath of the massacre at a Connecticut elementary school.
The company said it has already completed a $20-...
| Mar 19, 2012
| 6:54 AM
Apple on Monday announced plans for much of the $97.1 billion in cash it has accumulated from massive iPod, iPhone, iPadand Macintosh sales.
The company said it would begin giving shareholders a quarterly dividend of $2.65 per share sometime its fiscal...
| Mar 19, 2012
| 7:56 AM
Apple today announced what many were expecting, given its huge war chest of around $100 billion in cash: future stock dividends and a stock repurchasing program.
The company released the news in a conference call early Monday. It's amassed a huge pile of...
| Mar 20, 2012
| 6:54 AM
The S&P is up 12 percent so far this year, a relief from 2011's flat growth.
Still, it's not the time to dump all of your inheritance into the stock market, South Florida financial planners say.
There’s a risk of a downturn although many investors...
| Apr 10, 2012
| 10:50 AM
NEW YORK (AP) — Apple, already the world's most valuable company, hit the $600 billion level for the first time Tuesday.
Only one other company has been worth $600 billion — Apple's old sparring partner Microsoft Corp. It reached that...
| Jul 13, 2012
| 6:50 AM
JPMorgan's finance chief said Friday that the loss from the bank's chief investment office's errant trades has totaled $5.8 billion so far this year.
Traders involved in the loss could lose as much as two years of income and no longer work at the bank,...
| May 24, 2012
| 6:16 AM
FORTUNE -- Here's another example of how on Wall Street for the big banks it's heads they win, tails they win.
Even as Facebook's shares dropped, causing losses for regular investors, Morgan and other underwriters of the company's IPO likely racked up...
| Jun 6, 2012
| 1:43 PM
Speculation that governments in the U.S. and Europe will act to help their economies sent stocks surging to their best day this year.
Atlanta Federal Reserve President Dennis Lockhart said in a speech that weak job growth over the past two months...
| Jun 27, 2012
| 11:17 AM
American companies are getting a bit hesitant about buying back their own stock.
Share repurchases by large companies fell in the first three months of this year, the second consecutive quarter of declining buybacks, according to Standard & Poor’...
| Jan 24, 2012
| 5:52 AM
Harley-Davidson, Inc. (NYSE: HOG) reported a strong finish to 2011, with improved fourth-quarter performance capping a year of earnings and dealer retail sales growth.
Income from continuing operations was $54.6 million, or $0.24 per share, in the fourth...