Tom Granahan Archive
Published September 22, 2011
McDonald's said Thursday it is raising its quarterly cash dividend by 15%, to 70 cents a share. The previous quarterly payout was 61 cents a share.
Published September 15, 2011
Shares of Netflix were getting hammered Thursday morning after the movie-rental company slashed its domestic subscriber outlook.
Published June 22, 2011
Surprising no one, the Federal Reserve left its target interest rates at essentially zero, saying the economy is not yet strong enough to digest higher borrowing costs.
Published June 03, 2011
The government said Friday that a scant 54,000 nonfarm jobs were created last month, not even close to the already-lowered estimates of 150,000 economists had expected, raising fears that a prolonged period of weakness is on the horizon.
Published April 27, 2011
The central bank, as expected, decided to hold rates steady, in a range of 0-0.25%, where they have been since December of 2008.
Published April 12, 2011
Cisco said it will cut more than 500 employees and shutter its Flip camera business.
Published March 15, 2011
The Fed left its target on short-term interest rates unchanged at 0-0.25%, saying rates will likely remain exceptionally low for some time.
Published February 04, 2011
Non-farm payrolls grew far less than expected, but the jobless rate fell to its lowest since April 2009.
Published December 31, 2010
A month that started out with a bang went out with a whimper -- only the greediest of bulls will complain, however.
Published December 30, 2010
Stocks closed with modest losses on Thursday, despite some economic data that suggest the economy is heading into 2011 on solid footing.