Frederic Dickson

Frederic Dickson News

  • U.S. Stocks Cap Biggest Drop in Two Weeks; Facebook Drops

    U.S. stocks fell, led by technology and commodity companies, after President Barack Obama warned the crisis in the Ukraine may escalate and Facebook Inc. dropped the most since 2012. Losses extended in the last hour as investors sold companies that have led the bull market.

  • U.S. Stocks Drop on Obama Remarks as Treasuries, Oil Gain

    U.S. stocks fell, erasing early gains, as President Barack Obama said international order is being tested by Russia’s annexation of Ukrainian territory. Treasuries rose following stronger-than-forecast demand at an auction. Oil and the yen rallied.

  • U.S. Stocks Decline Most in a Month on Ukraine Turmoil

    U.S. stocks sank the most in a month, joining a global selloff in equities, as investors sought havens on concern that Russia’s military presence in Ukraine could lead to a larger conflict.

  • Airfreight Rebounds as Cargoes Signal Global Recovery: EcoPulse

    A pickup in air cargo shipments from Asia may benefit shares of Expeditors International of Washington Inc. and FedEx Corp. as global economic growth improves.

  • Stocks Decline as Euro Weakens on Greek Default Concern; Treasuries Rally

    Stocks fell, halting a five-day rally in U.S. benchmark indexes, and the euro weakened amid concern Greece will fail to qualify for more financial aid needed to avoid default. Treasuries rose, sending two-year yields to a record low, and copper and oil slid.

  • U.S. Corporate Profit Growth Slows as Shutdown Risks Rise

    Prospects for a recovery in U.S. corporate profits this year are dimming after third-quarter earnings growth slowed and the federal government’s shutdown hindered trade and threatened to crimp consumer spending.

  • More CEOs Plan Capital-Spending Cuts as U.S. Nears Fiscal Cliff

    The number of U.S. chief executive officers planning to trim capital expenditures has risen amid the political standoff over more than $600 billion in federal tax increases and spending cuts, the Business Roundtable said.

  • Buffett and the Prince

    After losing billions on U.S. stocks beginning in 2000, Alwaleed Bin Talal says he may become richer than the Oracle of Omaha. His strategy: holding an IPO for his luxury hotels and building the world’s tallest tower in his homeland.

  • `Buffett of Arabia' Alwaleed Sees Wealth Wane

    Prince Alwaleed Bin Talal sits under an almost full moon near a campfire at his rustic retreat in Riyadh, Saudi Arabia. He’s surrounded by a zoo with zebras and giraffes, an artificial lake and a lodge that has an indoor pool, saunas and steam rooms. Three hooded falcons are perched on stands in front of him.

  • Capital Spending Nears 2008 Level as U.S. Skates New Recession

    Capital spending at U.S. companies from Apple Inc. to 3M Co. is at the highest level since 2008 as upgrades to plants, property and equipment show some executives embracing the likelihood that the economy averts recession.

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