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Updated: 12 hours 14 min ago
More losses could follow the dollar's recent 5-cent slide versus the euro, Citigroup global chief economist Willem Buiter said on Friday, another major voice to question forecasts the greenback will march relentlessly higher.
Goldman Sachs became the top commodities bank last year, overtaking rival JP Morgan, a consultancy said on Friday.
Visteon Corp. said on Friday that it plans to return between $2.5 billion and $2.75 billion of cash to shareholders, after the sale of the auto parts maker's 70% stake in Halla Visteon Climate Control Corp. is completed.
Adjusted pretax corporate profits fell at a 1.4% annual rate in the fourth quarter and company earnings posted the first decline in 2014 since the middle of the Great Recession, government figures show.
The U.S. economy grew 2.2% in the final three months of 2014, unchanged from the government's prior estimate and less than half the 5% pace in the third quarter.
U.S. economic growth cooled in the fourth quarter as expected, though robust consumer spending helped limit the slowdown in the pace of activity.
Oil prices in the U.S. broke a two-day run higher as worries receded over the threat of disruptions to Middle East supplies due to Saudi Arabia-led air strikes in Yemen.
Dow Chemical is breaking off a significant part of its chlorine operations in a deal with Olin Corp. valued at $5 billion.
Germanwings co-pilot Andreas Lubitz had a doctor's note excusing him from work on the day he crashed a plane in the French Alps, but tore it up, AP reported Friday, citing prosecutors.
Royal Bank of Scotland Group PLC (RBS.LN) said Friday it is selling its internationally managed private banking and wealth-management business to Union Bancaire Privée UBP SA, for a price to be based on their assets under management on closing.
Dow Chemical said Friday it will separate a large part of its chlorine business and merge it with Olin Corporation in a deal giving Dow control of Olin, and a transaction valued at $5 billion.
Finish Line Inc.'s stock ran up 7.4% in premarket trade Friday, putting them on course to open at a new high for this year, after the athletic shoe retailer beat fiscal fourth-quarter profit and sales expectations.
U.S. equity futures were set for a fifth-straight day of declines as futures ticked lower while investors awaited a final read on fourth-quarter GDP.
Shares of Dow Chemical Co.
BlackBerry Ltd. said it swung to a fiscal fourth-quarter net profit of $28 million, or 5 cents a share, from a loss of $423 million, or 80 cents a share, in the same period a year ago.
A representative from the Greek Ministry of Finance on Friday rebuffed rumors that the country's finance minister Yanis Varoufakis is resigning.
Federal Reserve Vice Chairman Stanley Fischer on Friday suggested that hedge funds deserve greater scrutiny from federal regulators.
Asian shares were lackluster Friday as the conflict in Yemen ripped through the Middle East and Japanese data showed the world's No.
Hong Kong stocks extended their losses Friday morning, as oil shares were mostly weaker amid concerns about earnings despite recent gains for crude futures.
Here are the latest trading levels for Asia's major stock markets: Tokyo (Nikkei Average ) up 0.4% ; Hong Kong (Hang Seng Index ) down 0.1% ; Shanghai (Shanghai Composite Index ) down 0.3% ; Sydney (S&P/ASX 200 ) up 0.5% ; Seoul (Kospi ) up 0.1% ; Taipei (Taiex ) down 0.4% Copyright © 2015 MarketWatch, Inc.