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Press Releases

GM earnings top Street estimates by a wide margin, with strong net income

General Motors' profits rose 34 percent, as strong pickup truck and SUV sales in the U.S. helped the company shrug off weaker sales in other regions.


Honeywell stock jumps more than 4 percent on news of Third Point stake

Shares of Honeywell rose more than 4% after hours following a report that Dan Loeb's Third Point had taken a new stake in the company.


Whole Foods shares move higher as another investor tells the grocer to consider a sale

Shares of Whole Foods Market rose Thursday after mutual-fund manager Neuberger Berman called on the company to explore a sale.


Bitcoin jumps to a new all-time high above $1,300, capping 20% April surge

Bitcoin rose more than 3 percent during Thursday intraday trading to set a new all-time high price of $1,331.31.


Buyout firm KKR gets taste of own medicine as activist ValueAct announces stake

KKR's stock rose more than 6 percent after ValueAct principal Mason Morfit announced a stake of about 5 percent through derivatives.


Nasdaq closes above 6,000 in earnings-fueled rally, Dow climbs more than 200 points

U.S. equities rose sharply on Tuesday as solid quarterly reports from several large-cap companies rolled through.


Moving on up! US home prices climb at fastest pace in nearly 3 years

The index, which measures all nine U.S. census divisions, found that nationwide home prices rose 5.8 percent year-over-year in February.


Dow ends about 170 points higher after Mnuchin's tax hint; Nasdaq notches record close

Stocks rose as more companies released quarterly results while Treasury Secretary Steven Mnuchin said the administration was close to "major tax reform."


Dow closes at session highs as Street's overseas tension concerns ease

U.S. equities rose on Monday as a weekend filled with geopolitical worries ended more calmly than investors expected.


US Treasury yields higher after hitting lowest levels since November

U.S. bond prices rose after U.S. Vice President Mike Pence said the "era of strategic patience" with North Korea was over.