"Ice Age: Dawn of the Dinosaurs" grossed a cool $13.8 million in North American theaters Wednesday, marking Hollywood's biggest mid-week opening for an animated film.
Global stocks were mixed Friday as investors sought refuge after worse-than-expected U.S. jobs data. Trade was also thin due to the U.S. celebrating the long Independence Day weekend. Experts tell CNBC trade will be thin throughout the summer and now could be time to avoid volatility.
Global stocks were mixed on Friday after Wall Street's overnight selloff as the U.S. June jobs report came in worse than expected, reviving fears that the global economy is far from recovering. Experts tell CNBC how to invest under the threat of inflation.
They have been reviled as the bad hats of Wall Street, nefarious traders who cashed in on the market collapse and, some insist, helped precipitate it. Now short-sellers are coming under even more unwanted scrutiny, this time from federal regulators.
European stocks fell on Friday, recording their third straight week of losses, led by utilities, oil & gas and basic resources while banks and media pulled in the opposite direction.
China's state asset watchdog is encouraging China Mobile, the world's biggest mobile phone carrier by users, to buy shares in the country's biggest commercial bank ICBC, state media reported on Friday.
European shares are set to open flat on Friday, following a sharp fall in the previous session, and with trading set to be subdued as U.S. markets are closed for a holiday.
Magna's board of directors is scheduled to approve next Tuesday a business plan for the acquisition of German carmaker Opel, two sources familiar with the matter said on Thursday.
Asian markets retreated Friday and the greenback edged up after a disappointingly big drop in U.S. employment prompted investors to pull back from commodities, resource-linked shares and higher-yielding currencies.
The dollar dipped against the euro on Friday, reversing some of its sharp gains the previous session following weak U.S. jobs data which dampened hopes that the global economy is poised to recover.
Stocks capped their third straight down week with a sharp drop Thursday as a weak jobs report muzzled all the green-shoots talk and investors hunkered down. The Dow lost 1.9 percent this week.
Last year, after the financial crisis, Morgan Stanley made a decision that its biggest rivals avoided: burned by the crisis, it would take far fewer risks in its trading.
Thursday, 2 Jul 2009 | Source: The Associated Press
Crisis-stricken Ireland's debt rating has been downgraded by Moody's amid mounting worries about the country's public finances and the cost of the government's bailout of the banking system.