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05 Jan

Falling Dollar Lifts Stocks

Reasserting a pattern that trailed off at year's end, U.S. stocks climbed as the dollar fell. Cisco and Alcoa led the market higher. ...


U.S. Factory Sector Expands Again

The manufacturing sector finished 2009 on a high note, helped by improving production and ordering activity, according to the ISM index, which hit 55.9. ...


Stocks Open Up on Fed Reassurance

The Dow industrials started 2010 up 1% after Fed officials suggested over the weekend that interest rates may remain low in the next few months. ...


Novartis Seeks Control of Alcon

Novartis aims to get full ownership of Alcon through the purchase of a 52% stake in the U.S. eyecare company from Nestlé and by buying out minority shareholders. ...


Asia Manufacturing Activity Expands

Manufacturing indexes in China, Korea, Taiwan and India showed continuing expansion in December, highlighting that the region's economic recovery remains on track in the new year. ...


Chinese Evade U.S. Sanctions on Iran

Chinese companies banned from doing business in the U.S. for allegedly selling missile technology to Iran continue to do a brisk trade with American companies. ...

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