US Stocks Modestly Lower On Jobless Claims - NEW YORK (Dow Jones)--U.S. stocks were modestly lower after higher-than-expected jobless claims and a rise in U.S. consumer prices outweighed a white-hot reading from mid-Atlantic manufacturers. A day after investors pushed the Standard & Poor's...
Sanofi Deal Brings Risk, Opportunity To Genzyme Partners - NEW YORK (Dow Jones)--Following Genzyme Corp's (GENZ) planned takeover by Sanofi-Aventis SA (SNY, SAN.FR), the biotech company leaves several smaller partners in danger of losing a major collaborator, and brings an opportunity for long-time...
Gold turns higher on Iran war ships report - Gold had wavered between small gains and losses earlier as tensions in the Middle East, as well as worries about inflation and the European sovereign debt crisis, supported buying, but the metal had felt the pinch of a stronger dollar. The dollar has...
Late mortgage payments continue falling in 4th qtr - NEW YORK (AP) -- More homeowners across the country made their mortgage payments on time in the fourth quarter, but with housing prices falling again, prospects for significant improvement in 2011 have faded. Credit reporting agency TransUnion...