- Bernanke says Fed likely to reduce stimulus this year
WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke said on Wednesday the U.S. economy is expanding strongly enough for the central bank to begin slowing the pace of its bond-buying stimulus5:01 PM ET | Reuters
- Icahn reiterates commitment for Dell buy
NEW YORK (Reuters) - Carl Icahn reiterated his interest in owning Dell Inc and said the $5.2 billion in financing he's putting together to back his bid for the company continues to move forward as3:07 PM ET | Reuters
INDUSTRIES
- Now, Look for Bulletproof Stocks: Pro5:29 PM ET at CNBC
- Emerging Markets Evening Roundup: Holy Meltdown Bernanke, Emerging...5:24 PM ET at Barron's
- Bank of America hires JPMorgan banker to co-head new TMT group5:21 PM ET | Thomson Reuters
- La-Z-Boy, Adobe, Tetra Tech are big movers5:21 PM ET | Associated Press
- Microsoft is 'Proxy' For Large Customers: Former CIO Tony Scott5:21 PM ET at Wall Street Journal
- INVN: Maxim Ups Target to $17, Sees 'Nexus' Tablet, iPad Mini Wins5:16 PM ET at Barron's
- More Media
COMPANIES
- UPDATE 1-Micron profit beats estimates as chip prices climb5:16 PM ET | Thomson Reuters
- Cliffs could halt Bloom Lake expansion if iron price falls5:04 PM ET | Thomson Reuters
- ChinaEdu Reports First Quarter 2013 Results4:30 PM ET | PR Newswire
- Micron posts quarterly profit as chip prices rise4:12 PM ET | Thomson Reuters
- China Hydroelectric Corporation Announces Results for the First...4:01 PM ET | PR Newswire
- BlackBerry shares fall as analyst downgrades stock ahead of...3:51 PM ET | Thomson Reuters
- More Earnings Forecasts
STOCK MARKET
- American Capital Agency Corp. Declares Second Quarter Dividend On...4:00 PM ET | PR Newswire
- Great Southern Bancorp, Inc. declares quarterly dividend of $.18...2:24 PM ET | PR Newswire
- Putnam Announces Distribution Rates for Open End Funds1:26 PM ET | Marketwire
- The First of Long Island Corporation Announces Quarterly Cash...11:03 AM ET | GlobeNewswire
- Bank of Commerce Holdings Announces Second Quarter Cash Dividend...11:00 AM ET | PR Newswire
- Empire Resources Declares Regular Dividend9:00 AM ET | PR Newswire
- More Dividends
ECONOMY
- Walsh College Economic Sentiment Survey Reveals a Cautiously...5:31 PM ET | PR Newswire
- CANADA FX-C$ stumbles as Bernanke comments drive broad US$...5:10 PM ET | Thomson Reuters
- WRAPUP 5-Bernanke says Fed likely to reduce stimulus this year5:00 PM ET | Thomson Reuters
- WRAPUP 2-Argentina reports encouraging numbers for GDP, trade4:35 PM ET | Thomson Reuters
- INSIGHT-Big U.S. harvest may hit grain prices, test high farmland...4:32 PM ET | Thomson Reuters
- ON THE MOVE-Benjamin Edwards lands advisers from Wells Fargo4:29 PM ET | Thomson Reuters
- More Economic Indicators
DATA PROVIDERS
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MARKET UPDATE
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[BRIEFING.COM] Equities ended on their lows with the S&P 500 down 1.4%.
The S&P entered today's session with a week-to-date gain of 1.5% as investors expected reassuring words from today's Federal Open Market Committee Statement.
Stocks traded with slim losses until this afternoon's FOMC Statement and subsequent comments from Chairman Bernanke sent equities and Treasuries to their lows while also providing a significant boost to the dollar.
Today's Statement was ... More
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