: U.S. oil futures post first gain in 5 sessions
U.S. oil futures climbed on Tuesday, logging their first gain in five sessions as traders continued to weigh potential outcome scenarios for Thursday’s meeting of...
: Merck raises quarterly dividend to 77 cents vs. 73 cents
Merck & Co. Inc. MRK said Tuesday its board has raised its quarterly dividend to 77 cents. The dividend was previously 73 cents. The new...
: Bank of America hit with $12 million CFPB fine for false reporting
The Consumer Financial Protection Bureau (CFPB) has slapped Bank of America Corp. BAC with a $12 million fine for reporting false mortgage lending data, the...
: Treasury’s $39 billion auction of 7-year notes was poorly received, trader says
Tuesday afternoon’s sale of 7-year Treasury notes was met with poor to lukewarm demand. The $39 billion auction was a “fairly ugly auction based on...
: Crocs’ stock runs up toward a 3 1/2-month high after Raymond James recommends going all in
Shares of Crocs Inc. CROX jumped 4.5% toward a 3 1/2-month high in morning trading Tuesday, after Raymond James’ Rick Patel said he was even...
: S&P cuts Goodyear’s credit rating further into junk as overhaul will be costly and free cash flow negative for some time
S&P Global Ratings downgraded Goodyear Tire & Rubber Co.’s GT issuer credit rating by one notch to B+ on Tuesday after the company announced a...
: Boise Cascade to cut back lumber production in Alabama, affecting 80 jobs
Shares of Boise Cascade Co. BCC fell 0.8% in morning trading Tuesday, to pull back from the previous session’s record close, after the wood products...
: U.S. stocks open mostly lower, with S&P 500 falling slightly ahead of Fed speakers
U.S. stocks opened mostly lower Tuesday, with the S&P 500 heading for a potential back-to-back decline, as investors await remarks from Federal Reserve officials. The Dow...