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Wall Street little changed after three-week rally

2014-11-11 14:19:17| Biotech - Topix.net

US stocks were little changed on Monday, as investors paused in the absence of major market catalysts after the Dow and S&P 500 advanced for a third straight week to fresh record highs. Earnings season begins to wind down this week, with 16 S&P 500 companies expected to report quarterly results, including retailers Wal-Mart and Macy's and network equipment maker Cisco Systems.

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Fresh records on Wall Street as US outlook improves

2014-11-10 22:29:45| IT Services - Topix.net

Wall Street climbed, with the Dow and the S&P 500 touching record highs, amid optimism about the outlook for the US economy and corporate profits. In afternoon trading in New York, the Dow Jones Industrial Average rose 0.13 percent, the Standard & Poor's 500 Index advanced 0.19 percent, while the Nasdaq Composite Index gained 0.18 percent.

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The Wall Street Journal: Amazon is testing taxis for deliveries

2014-11-05 20:26:17| Air Courier - Topix.net

Amazon is studying the broader use of taxis as delivery vehicles, those people said. Taxis represent Amazon's latest experiment to speed package shipments to compete more directly with brick-and-mortar retailers, and to seek alternatives to United Parcel Service Inc. Since then, Amazon has tested its own delivery service, broadened its use of regional couriers, teamed up with the Postal Service to deliver fresh groceries and is expected to open a Manhattan storefront for returns, pickups and same-day dispatch.

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The Wall Street Journal: Amazon is testing taxis for deliveries

2014-11-05 19:53:58| Trucking - Topix.net

Amazon is studying the broader use of taxis as delivery vehicles, those people said. Taxis represent Amazon's latest experiment to speed package shipments to compete more directly with brick-and-mortar retailers, and to seek alternatives to United Parcel Service Inc. Since then, Amazon has tested its own delivery service, broadened its use of regional couriers, teamed up with the Postal Service to deliver fresh groceries and is expected to open a Manhattan storefront for returns, pickups and same-day dispatch.

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Wall Street observers give Valero's stock a 'buy' rating

2014-11-03 23:37:05| Oil & Gas - Topix.net

Analysts are expecting Valero Energy Corp. executives to report earnings per share of $1.57 on revenue of $31.58 million once the nation's largest independent oil refiner releases third quarter earnings on Nov. 4, TheStreet said Monday . During the third quarter a year ago, Valero reported earnings per share of 57 cents on revenue of $36.14 billion.

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