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Spain feels debt heat, Greece way off bailout terms

Top Finance News - Tue, 07/24/2012 - 6:25pm
Spain paid the second highest yield on short-term debt since the birth of the euro at an auction on Tuesday, and EU officials said Greece had little hope of meeting the terms of its bailout, casting fresh ...

Iraq blacklists Chevron for Kurdish oil deals

Top Finance News - Tue, 07/24/2012 - 6:25pm
Iraq hit out at Chevron Corp over its just-signed oil contract with Kurdistan, barring it from any oil agreements with the central government in a move meant to deter other companies from dealing directly ...

Netflix shares fall 14 percent as outlook disappoints

Top Finance News - Tue, 07/24/2012 - 6:25pm
Netflix Inc warned on Tuesday it may have trouble reaching its year-end target for new subscribers and will record a loss in the last three months of the year, sending the shares of the video rental company ...

Libor scandal makes it more costly for bankers to get insured

Top Finance News - Tue, 07/24/2012 - 6:25pm
Some of the world's largest insurers for corporate directors and officers could be on the hook for hundreds of millions of dollars in claims over the next few years to cover legal costs for people caught ...

Poor quality of Wells Fargo service angers bank analyst

Top Finance News - Tue, 07/24/2012 - 6:25pm
Wells Fargo & Co ticked off the wrong customer. Veteran bank analyst Dick Bove, normally a strong defender of big banks, lashed out on Tuesday against the No. 4 U.S. bank for the poor service it provided ...

Apple Earnings Miss, Outlook Disappoints

Top Finance News - Tue, 07/24/2012 - 5:15pm
The technology giant, known for beating on earnings, delivered a huge earnings miss and its outlook for the current quarter disappointed.

Housing Bear Calls Bottom for Housing Market

Top Finance News - Tue, 07/24/2012 - 5:15pm
Every week, it seems somebody else is calling a "bottom" in the housing market, and on Tuesday, Zillow joined the crowd.

Fed Sees Action if Growth Doesn't Pick Up Soon: WSJ

Top Finance News - Tue, 07/24/2012 - 5:15pm
Federal Reserve officials, impatient with the economy's sluggish growth and high unemployment, are moving closer to taking new steps to spur activity and hiring.

Airline Bid to Block Consumer Protections Rejected

Top Finance News - Tue, 07/24/2012 - 5:15pm
The government can require airlines to show consumers a total ticket price that includes taxes and fees in print and online ads, the U.S. Court of Appeals said Tuesday.

Wall Street Hit by Europe Woes

Top Finance News - Tue, 07/24/2012 - 3:25pm
Wall Street dropped as concerns over Spain and Greece weighed on the market and a round of disappointing profit outlooks highlighted the effect of the euro zone debt crisis on corporate earnings.

News Corp. Stock Well Above Lows as Hacking Scandal Continues to Unfold

Top Finance News - Tue, 07/24/2012 - 3:25pm
News Corp. stock is slipping slightly on low volume following the announcement that criminal charges have been brought against eight key figures in the phone hacking scandal.

Will Facebook Fail Twice in Two Months?

Top Finance News - Tue, 07/24/2012 - 2:15pm
After presiding over the worst, big IPO in U.S. history just two months ago, Facebook is about to get a chance to make a timely redemption.

Time to Harvest Profits in Corn: Ilczyszyn

Top Finance News - Tue, 07/24/2012 - 2:15pm
Farming is always a tough business, but this year it seems almost cursed.

Home Prices: Bottom or Bubble?

Top Finance News - Tue, 07/24/2012 - 2:15pm
Home prices rose according to the online real estate firm Zillow, a mere 0.2 percent in the second quarter of this year annually for the first time since 2007.

Tons of Trucking Jobs ... That Nobody Wants

Top Finance News - Tue, 07/24/2012 - 2:15pm
There are as many as 200,000 job openings nationwide for long haul truckers. But these positions are difficult to fill, and even harder to keep filled.

How Much is Riding on Apple Earnings? A Lot.

Top Finance News - Tue, 07/24/2012 - 12:50pm
Given the fragile state of the overall market, Apple's earnings and outlook are likely to be important for far more than just Apple and the tech sector.

Romney to Fundraise with London Bankers Implicated in LIBOR Scandal

Top Finance News - Tue, 07/24/2012 - 12:50pm
While in London, the former Massachusetts Governor is scheduled to attend two campaign fundraisers for U.S. expats hosted by bankers and lobbyists embroiled in the LIBOR-gate scandal.

Forget Love, This Is 'The Summer of Hate'

Top Finance News - Tue, 07/24/2012 - 12:50pm
"We've just had 10 straight weeks of more bears than bulls," says Ryan Detrick, senior technical strategist at Schaeffer's Investment Research. "It's very rare to have that much hate for that long."

Dish Cash Hoard Signals Wireless Possibility

Top Finance News - Tue, 07/24/2012 - 12:50pm
Dish Network has amassed a record amount of cash through bond sales as the second-largest U.S. satellite-television provider seeks to expand into the wireless business.

Stocks Drop for Third Day on Lower Earnings

Top Finance News - Tue, 07/24/2012 - 12:50pm
Stocks are sliding on Wall Street following weak earnings from United Parcel Service and other major U.S. companies, pushing the Dow down more than 100 points.

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