Greece's prime minister voiced hope that bailout talks between the cash-strapped country and its international creditors are "very close" to an initial deal, and ruled out early elections if the dragging negotiations fail.
Asian stocks scaled fresh seven-year peaks on Tuesday as Apple's upbeat earnings offset underlying caution ahead of the Federal Reserve's policy meeting scheduled to start later in the session.
Southwest Airlines' profits soared to record levels as the company benefited from lower fuel costs. But let's not forget that Southwest Airlines is also a very well run and a shareholder friendly company.
NEW YORK - U.S. stocks slumped on Monday as investors looked ahead to a flood of earnings reports this week. Stocks appeared headed for new highs in the morning, but drifted lower in the afternoon as health care companies dropped sharply.
AMSTERDAM�Koninklijke Philips PHG 1.38 % NV on Tuesday posted a 28% fall in first-quarter net profit, hurt by costs related to the separation of its lighting activities, even as it recorded a rise in comparable sales for the first time in five quarters.