S&P, Nasdaq slip after Philadelphia Fed data

Stocks were little changed on Thursday, though the S&P and Nasdaq turned lower after data from the Philadelphia Federal Reserve showed new orders in the U.S. Mid-Atlantic region decelerated in March. Earlier

FedEx reports higher quarterly profit

Package delivery giant FedEx Corp (FDX.N) posted sharply higher quarterly profit, citing an improving global economy. Memphis-based FedEx reported profit for its fiscal third quarter ended Feb 28 of $239 million, or

Asia stocks near 2-mth high, outlook positive

 Asian stocks hovered near a two-month high on Thursday, with expectations for continued low global interest rates and modest inflation expected to support equity markets in the near term. Wall Street stocks