U.S. Home Prices Rise 4.3% in 20-City Index

Home prices in the U.S. recorded a 4.3% gain in the 12 months ending in October, according to the S&P/Case-Shiller Home Price Indices. The 10- and 20-City Composites showed respective annual returns of +3.4% and +4.3% in October 2012 - larger than the +2.1% and +3.0% annual rates posted for September 2012.Chicago and New York were the only two cities with negative annual returns in October.

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CORRECT: Qualcomm Beats EPS View, Misses On SalesComments Off

Qualcomm Inc. said late Wednesday that second-quarter net income was $1.96 billion, or $1.14 a share, compared with $1.87 billion, or $1.06 a share, for the same period a year ago.

Stocks Fall as Traders Review Housing DataComments Off

U.S. equity markets fell on Wednesday as traders parsed through disappointing housing data for March and mixed corporate earnings. 

Oil Ends Lower With U.S. Crude Supply At a RecordComments Off

Oil futures fell on Wednesday, with prices settling at a more than two-week low after a U.S. government

Largest-ever Junk Bond Sale Raises $11 BillionComments Off

A French cable operator sold the largest-ever offering of junk bonds Wednesday, one sign of the great lengths to which investors are stretching for yield.

Stocks Slip as Traders Review Earnings, DataComments Off

U.S. equity markets fell on Wednesday as traders parsed through disappointing economic data and mixed corporate earnings. 

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