NEW YORK (AP) — Stocks were edging lower on Wall Street Thursday, keeping the market's big gain for October in check, as investors assessed some mix earnings reports.
The stock market climbed to a record high this month even after a 16-day partial government shutdown and the threat of a U.S. debt default. While the shutdown hurt consumer confidence and pared economic growth, it ensured that the Federal Reserve kept up its economic stimulus effort.
2. Dow closes at highest level of year, nears record - Friday, February 08, 2013
NEW YORK (AP) — The Dow rose to its highest close of the year Tuesday, ending 146 points from a record. Stocks gained after impressive results from two big consumer brands.
The Dow Jones industrial average closed up 47.46 to 14,018.70, putting it within 1 percent of the record close of 14,164.53 set in October 2007. The Standard & Poor's 500 gained 2.42 points to 1,519.43, also close to its record.3. Avon to cut 4 pct of jobs in global restructuring - Friday, December 07, 2012
NEW YORK (AP) — Avon Products plans to cut about 1,500 jobs and exit two Asian markets, as the struggling beauty products seller starts on a broad restructuring plan in an effort to turn around results.4. Stocks mixed after US unemployment rate drops - Friday, October 05, 2012
A big drop in the unemployment rate wasn't enough for investors Friday. Stocks posted gains early in the day but faded to a mixed close.
The Labor Department said the unemployment rate had declined to 7.8 percent, its first dip below 8 percent in nearly four years. The decline from 8.1 percent the month before was bigger than economists had expected.5. SEC ends one investigation into Avon Products - Friday, September 14, 2012
NEW YORK (AP) — Avon Products Inc.'s legal woes may finally be on the wane.
The direct-beauty product seller said in a regulatory filing late Thursday that the Securities and Exchange Commission has decided it won't recommend any action against the company over whether Avon contacted analysts inappropriately during a separate bribery investigation.6. Dow Jones average continues a two-week slide - Friday, May 11, 2012
Europe's latest political impasse cast a gloom over financial markets Tuesday. The euro plunged, and the Dow Jones industrial average extended a slide that has wiped out nearly 5 percent of its value in two weeks.7. Dow on its way to breaking six-day losing streak - Friday, May 04, 2012
Stocks rose on Thursday, putting the Dow Jones industrial average on track to break a six-day losing streak.
The gains came after the government said claims for unemployment benefits edged lower last week. Investors have been worried that a strong start to hiring this year was coming to an end.8. Dow headed for highest close since '07 - Friday, April 27, 2012
NEW YORK (AP) — The fastest growth in U.S. manufacturing in 10 months gave stocks a lift Tuesday and put the Dow Jones industrial average on track for its highest close in more than four years.9. US stocks rise, building on soaring first quarter - Friday, March 30, 2012
A positive report on U.S. manufacturing overshadowed concerns about weaker global growth and lifted stocks to multi-year highs Monday. The gain added to the best first quarter for stocks in more than a decade.10. Avon posts 4Q loss as sales slump, costs rise - Friday, February 10, 2012
NEW YORK (AP) — Avon Products Inc. posted a fourth-quarter net loss as sales slumped and costs rose.
The beauty products company, which is searching for a new CEO, has struggled to improve its operations in Brazil and been hurt by the weak economy. Avon says it doesn't expect its margins — how much it keeps of revenue after costs — to improve this year.11. Stocks surge on European debt deal, GDP growth - Friday, October 21, 2011
NEW YORK (AP) — Stocks are soaring after European leaders agreed on a deal to slash Greece's debt load and prevent the debt crisis there from engulfing larger countries like Italy. Stronger U.S. economic growth and corporate earnings also drove markets higher.