AP

FedEx 4Q profit drops as priority services lag
DALLAS (AP) -- FedEx Corp.'s fourth-quarter profit fell 45 percent as international customers traded down to less-expensive delivery options....

US futures waver in light trading
NEW YORK (AP) -- U.S. stock futures are mixed in light trading with investors holding back before the Federal Reserve reveals its stance on the economy....

Oil rises near $99 a barrel before Bernanke speaks
The price of oil rose to near $99 a barrel on Wednesday, driven by a report of falling U.S. stockpiles of crude and ahead of the conclusion of a meeting of the Federal Reserve....

Currency factors weigh on retailer H&M's Q2 profit
STOCKHOLM (AP) -- Swedish fashion retailer Hennes & Mauritz AB on Wednesday said profits fell by 11 percent in the second quarter due to the strong Swedish krona and increased markdowns as it tried to shift its products....

Waiting for word from Bernanke, stocks move higher
NEW YORK (AP) -- It's all about the Fed. Still....

Hormel, Gevo, Suntech are big movers
NEW YORK (AP) -- Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:...

News Summary: Russell 2000 is oh so close to 1,000
ONE DIRECTION: All the major U.S. stock indexes were up Tuesday. Reports of increased home building and low inflation helped boost the market, but the Federal Reserve's Wednesday afternoon news conference was top of mind for many investors....

How the Dow Jones industrial average fared
U.S. stocks moved higher Tuesday, boosted by reports about increased home building and low inflation. But the real emphasis was on the Federal Reserve, which on Wednesday should reveal more about how long it expects to keep in place its programs meant to support the economy....

Metals decline as traders wait for Federal Reserve
Metal prices fell as traders anticipate that the Federal Reserve may start easing its support for the economy....