New Jersey Headlines

Stocks fall for 2nd day; oil rises above $61

An early rally on Wall Street quickly evaporated, as the combination of rising oil prices and higher interest rates took a toll on stocks for a second straight session. After

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Wall St. fails to savor McDonald’s turnaround recipe

Wall Street isn’t lovin’ McDonald’s (MCD) latest turnaround effort as its new management team attempts to revive the world’s largest fast-food chain. Shares closed on Monday down 1.7% at $96.13

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ExxonMobil beat was best in quality among supermajors

Exxon Mobil on Thursday reported quarterly earnings and revenue that topped analysts’ expectations. Exxon Mobil’s shares were little changed in early trading Thursday. The oil giant reported a 46 percent

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Shares of closed up sharply following a report that the company has hired financial advisers to handle takeover inquiries. Trading was briefly halted in CRM because of the

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Nikkei closes above 20,000 for first time in 15 years

The jury may still be out on “Abenomics,” but Japanese investors are rendering at least an interim verdict on the economic policies of Prime Minister Shinzo Abe: thumbs up. The

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NYC brokerage pays $15M SEC settlement

Let’s say you’re lead underwriter on a $108 million stock offering by a U.S. issuer that purportedly owns a 90% stake in a Chinese coal firm, and you receive an

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Food stocks rise after Kraft-Heinz merger disclosure

The mega-merger announced Wednesday between Kraft Food Group and H.J. Heinz may be helping the financial fortunes of other major food producers. Shares of 11 of the 17 companies Kraft

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Heinz, Kraft merge to form 5th-largest food company

In a jolt certain to be felt in food pantries across the globe, H.J. Heinz and Kraft Foods Group will merge into a single food behemoth — forming the world’s

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Wall Street hopes to avoid Greek tragedy

The fate of cash-strapped Greece, which has become front-page news as its new anti-austerity government looks to get bailout concessions

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Wall Street clipped nearly 30% off of shares of in pre-market trading after the digital coupon player posted a

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Stocks up on Coke’s beat, Greece speculation

Stocks are higher Tuesday as Wall Street reacts to an earnings beat by Coca-Cola and rumors that the chill in

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Apple just made history – again!

Apple, one of the stocks analysts are calling a screaming buy – notched another all-time stock high and is on

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Utilities power up as S&P 500 powers down

Investors looking for a hiding place in a tough market for stocks in January found it in the utility sector,

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Yahoo shares jump; company to spin off Alibaba stake

Yahoo shares rallied 7% late Tuesday after the company said it would spin off its remaining $40 billion stake in

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Stocks end up, Dow flat after Greek vote

Stocks ended higher Monday, with the Dow basically flat, as investors grappled with the consequences of a victory for Greece’s

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Halliburton profit up but warns on oil price drop

Oilfield services giant Halliburton posted stronger fourth quarter revenue and earnings Tuesday, but warned that slumping crude oil prices had

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China Economic Growth Is Slowest in Decades

China’s economic growth slowed to 7.4% in 2014, downshifting to a level not seen in a quarter century and firmly

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Verizon earnings up off ‘healthy’ demand

Verizon shares dipped slightly after its third-quarter earnings per share missed estimates. However, the telecommunications giant reported double-digit growth off

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China shares plunge 8% on margin trade curbs

Chinese shares plunged about 8% Monday after the country’s securities regulator imposed margin trading curbs on several major brokerages, a

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Chipmaker Intel posted fourth-quarter earnings per share Thursday

Earnings per share of 74 cents surpassed estimates of 66 cents, according to S&P Capital IQ. Its sales of $14.7

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February 2018
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