Stocks edge higher as home sales rise
Stocks are moderately higher after the government reported a bigger-than-expected jump in new home sales and FedEx raised its forecast for the current quarter. Major indexes have climbed Monday after...
View ArticleInterest rates steady as traders stay cautious
Interest rates are near their lowest level of the year Monday as doubts linger about the health of the economy. Not even a new round of corporate dealmaking was enough to get investors to give up...
View ArticleResearch Frontiers posts 3Q loss
Woodbury-based technology company Research Frontiers reported a loss for the third-quarter, but it was less of a hit than the one the firm experienced during the same time period last year. Research...
View ArticleAmerican Defense Systems may lose NYSE listing
Hicksville-based American Defense Systems is in danger of losing its listing on the New York Stock Exchange because it’s not meeting a stockholders’ equity requirement and has reported losses the last...
View ArticleWall Street still says buy; you shouldn’t
What’s the difference between an ostrich and a Wall Street analyst? An ostrich occasionally takes its head out of the sand. Despite a flurry of signs that the economy is slowing, stock analysts —...
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