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Business Headlines updated 9:13 AM ET Feb 3
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Interest Concerns May Hold Down U.S. Stocks
U.S. stocks were expected to stall at the open on concerns that the Federal Open Market Committee could shift gears on interest rates down the road.

U.S. Fed Starts Final Day Of Policy Meeting
Federal Reserve policy-makers Wednesday reconvened for the second day of a two-day meeting on monetary policy that was expected to leave key U.S. interest rates unchanged.

European Stocks Mixed As Fed Meets, Dollar Steadies
Interest rate decisions on both sides of the Atlantic preoccupied traders in Europe Wednesday, contributing to a mixed start for stocks and losses for bonds.

Asian Markets End Lower On Regional Woes
Asian markets staggered Wednesday as rising Japanese interest rates and a stronger yen drove Tokyo stocks to a lower close.

Qwest Reports Quarterly Loss, Large Jump In Revenues
Qwest Communications International Inc., the No. 4 U.S. long distance company, Wednesday reported a fourth quarter net loss due to acquisition expenses and debt prepayment, but a three-fold increase in revenues.

Goodyear And Sumitomo Rubber In Global Alliance
Tire giants Goodyear and Sumitomo Rubber Industries, Ltd. Wednesday announced a global alliance in which the U.S. company and the Japanese firm aim to compete more effectively in North America, Europe and Japan.

Brazil Refreshes Economic Team In Time For IMF
Brazil and the International Monetary Fund pound out plans for currency stability Wednesday, the day after a new, market-savvy Central Bank chief came in to manage the rocky devaluation in Latin America's largest economy.

Strong Ford, DaimlerChrysler Results Boost '99 Hopes
Gloom-and-doom talk of falling U.S. car and truck sales took a break Tuesday as Ford Motor Co. and DaimlerChrysler AG reported January sales gains of 8.9 percent and 18.7 percent, respectively.

Cisco Earnings Top Forecasts As Sales Surge
Cisco Systems Inc., the No. 1 computer-networking company, Tuesday said it had another banner quarter, as profits rose 33 percent and topped analyst forecasts, while telecommunications revenue surged by more than 50 percent.

Sprint Posts Lower-Than-Expected Quarterly Profits
Sprint Corp., the third-largest U.S. long-distance carrier, Tuesday posted a 12 percent increase in fourth-quarter profits on a 9.9 percent increase in long-distance revenue, but it fell short of Wall Street estimates and its stock tumbled.


Earlier Stories

  • Goodyear, Sumitomo Rubber To Create Tire Giant
  • Stocks, Bonds, Dollar Fall As Markets Eye Fed, Japan
  • Record '98 Home Sales As U.S. Economy Booms
  • Mattel Fourth-Quarter Earnings Fall 69 Percent
  • U.S. Likely To Approve AT&T;, TCI Deal Soon
  • Ross Perot's Co Wins Big In Stock Market Debut
  • Pharmaceutical Resources To Market Generic Zantac
  • January U.S. Store Sales Expected To Be Strong
  • Philips Buys Naming Rights To Atlanta Arena
  • U.S., States Crack Down On Credit Identity Fraud
  • US Dec Home Sales Slip, Full Yr Sets Record

  •  

    Tue Feb 02 | Mon Feb 01 | Sun Jan 31 | Sat Jan 30 | Fri Jan 29 | Thu Jan 28 | Wed Jan 27

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