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U.S. markets news

Global stocks ease after BoE minutes stun markets
NEW YORK (Reuters) - Global equity markets eased on Wednesday on a spate of poor corporate results and the release of Bank of England minutes that showed two of the bank's policymakers unexpectedly voted earlier this month for an interest rate hike.
Carney Seen Holding Sway as BOE Dissenters Pull Away From Pack  Businessweek
Bank of England Officials Break Ranks on Rates  Wall Street Journal
Bloomberg   Related articles »  
The woes continue for Target
Target's mantra is "Expect more, pay less." These days, it's investors and shoppers who are expecting a lot more from the discount retailer.
Target Lowers Earnings Outlook, Still Reeling From Data Breach  Wall Street Journal
Target cuts profit forecast but better recent sales seen; stock rises  Los Angeles Times
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Stocks Higher Ahead of Fed Minutes
U.S. stocks pushed higher midday Wednesday, on track to extend a two-day win streak. Trading was quiet, however, as investors looked ahead to the release of minutes from the Federal Reserve's latest monetary-policy meeting at 2 p.m.
Wall St. inches up with Fed minutes on tap; retailers resilient  Reuters
Stocks Edge Slightly Higher Ahead of Fed Minutes  New York Times
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As Yellen prepares to offer economic outlook, her 6-month Fed honeymoon is ...
WASHINGTON - Janet Yellen has won credit for guiding the Federal Reserve's first six months of transition from the Ben Bernanke era.
US Stocks Rise, Bonds Fall Before Fed Meeting Minutes  Businessweek
Loonie slightly higher on solid wholesale sales report  The Globe and Mail
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Hertz Plunges on Auto Recalls, Accounting Problems
The wave of auto industry recalls has dinged car rental chains, and few are suffering as much as Hertz Global Holdings (HTZ). The Florida-based firm withdrew its profit guidance for the year given the costs of the recalls and an ongoing accounting review of ...
Why Hertz Global (HTZ) Stock Continues To Plunge Today
Shares of Hertz Fall After Company Discloses Operational Problems  Forbes
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Infineon to Buy International Rectifier, a Chip Maker, for $3 Billion
Photo. Reinhard Ploss, Infineon's chief executive.Credit Peter Kneffel/European Pressphoto Agency. Infineon Technologies, the German chip maker, agreed on Wednesday to buy the International Rectifier Corporation, a specialty semiconductor producer, for ...
Chip maker Infineon to buy California firm for $3B  Washington Post
What's a Rectifier? Who cares? Stock is up 47%  USA TODAY
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Media General, LIN Agree to Sell Stations to Satisfy Deal Conditions
In turn, Sinclair will acquire Media General's NBC affiliate in the Providence, R.I., market and LIN's Fox and CW stations in the Green Bay, Wis.
Media General, LIN To Divest TV Stations, Amend Merger Agreement  NASDAQ
Sinclair Broadcast Group Announces Agreement To Swap Television Stations ...  MarketWatch
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Sears Canada Slips To Q2 Loss
Multi-channel retailer Sears Canada, Inc. (SCC.TO: Quote) reported Wednesday a net loss for the second quarter compared to a profit last year, which was boosted by a hefty gain.
UPDATE 1-Sears Canada reports loss, revenue slides 12 pct  Reuters
Sears Canada reports ninth loss in 14 quarters  Proactive Investors USA & Canada
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Warren Buffett's Company Fined by Justice Dept. Over Stock Purchase
Warren E. Buffett may be one of the most admired investors in the world. But that does not exempt his company, Berkshire Hathaway, from having to follow federal securities investment rules.
Berkshire Hathaway to Pay $896000 Civil Penalty on Antitrust Issue  Wall Street Journal
Warren Buffett's firm to pay $896000 penalty  SFGate
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Dollar jumps on hawkish Fed bets
The dollar climbed to an 11-month high on Wednesday as investors bet improving economic data would prompt the US Federal Reserve to adopt a more hawkish tone.
FOREX-US dollar hovers near 11-month highs ahead of Fed minutes  Reuters
Dollar Rises to 11-Month High Before Fed Releases Minutes  Bloomberg
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