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Tag Archives: stock exchange

Leading indicators point to strengthening economy

NEW YORK — A private research group said U.S. economic growth should strengthen by summer, but cautioned that consumer concerns over rising gas and food prices could drag on the expansion. The Conference Board said Thursday that its index of ...

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Facebook raises $1 billion through Goldman Sachs

NEW YORK — Facebook says it has raised $1 billion from non-U.S. investors through Goldman Sachs. Combined with a $500 million investment from Goldman, funds Goldman manages and Russia’s Digital Sky Technologies in December, the investments value Facebook at $50 ...

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Strong earnings from GE, others lift stock prices

NEW YORK — Stocks are heading higher after General Electric and other companies reported strong quarterly profits. General Electric Co. posted earnings Friday that beat expectations. Bank of America Corp., the country’s largest bank, reported a loss related to bad ...

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Banking, other deals drive stock indexes higher

NEW YORK — Financial companies led the stock market higher Tuesday after another big banking deal raised hopes that more acquisitions could be on the way. Toronto-Dominion Bank is buying Chrysler Financial, the automaker’s old lending arm, from Cerberus Capital ...

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