Bank of America shares slump despite record profit after CFO cites slowing interest growth
CEO Brian Moynihan has focused on methodically trimming costs while looking for "responsible growth" opportunities.
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Exxon Mobil shares slump as the oil major tells investors to brace for higher spending
Exxon Mobil forecasts its earnings potential through 2025 is better than previously forecast, but also expects to increa...
Macy's to cut 100 management jobs, trim $100 million in annual costs as sales continue to slump
Macy's announces a restructuring plan that it said should help it generate annual cost savings of $100 million.
A slippery trade: oil slump proves bears right
The latest collapse in oil prices has proved some investors right in their lack of confidence in energy stocks this year...
Ford appoints new China chief to tackle sales slump
Ford Motor Co has appointed a new head of China operations to help turn around flagging sales in the world's larges...
Stocks, commodities regain footing after slump
Stocks and commodity markets regained some poise on Thursday, having suffered wild tailspins in the previous session as...
China stocks extend slump, temper Asian bounce as trade war anxiety grows
SHANGHAI (Reuters) - China's stock markets slumped on Wednesday, extending a rout from the previous day as the pros...