Auto sales are expected to rise 8 percent year-over-year for their best February in over a decade. Despite some impressive gains, auto sales for Ford, Fiat Chrysler, and Nissan fell short of expectations.
HEWLETT-Packard has agreed to acquire wireless networking company Aruba Networks in a deal valued at roughly $US2.7 billion ($3.45bn), expanding HP's capabilities in the mobile market.
U.S. stock indexes edged lower in morning trading Tuesday as investors await earnings from the few companies yet to announce results and a jobs report later this week.
NEW YORK (TheStreet) -- Best Buy (BBY - Get Report) struggles may be a thing of the past as the electronics retailer posted higher-than-expected profits owing to cost cuts and new product strategies.
DETROIT (Reuters) - For the second year in a row, ferocious winter weather slowed U.S. vehicle sales in February, with several major automakers missing analysts' projections and dampening bullish expectations.