Clik here to view.
Netflix shares down 26% as subscribers disappoint
Netflix reported earnings that were in line with Wall Street estimates, but shares plunged more than 25 percent as subscriber growth figures came in lower than expected. The company handed in...
View ArticleClik here to view.
GE profit rises on oil, aviation strength
General Electric’s third quarter profit rose 11% on strong performance from its aviation and oil and gas divisions. GE reported Friday net income of $3.54 billion for the quarter on sales of $36.17...
View ArticleClik here to view.
AMD Cutting 7 Percent Of Workforce
AMD says it will cut 7 percent of its global workforce in an effort to improve its profitability. The Sunnyvale, California-based chipmaker has been dealing with weaker revenue and profits for some...
View ArticleClik here to view.
Morgan Stanley’s income nearly doubles
Morgan Stanley’s income nearly doubled in the third quarter thanks to growth in its institutional securities and wealth management divisions. The investment bank earned $1.71 billion, up from $889...
View ArticleClik here to view.
‘Fear’ trade reverses as end-of-world angst eases
When investors rush into the arms of so-called safe-haven investments — such as U.S. government bonds or cash — it’s a sign of risk-aversion. That’s what’s been happening in the recent selloff. But the...
View ArticleClik here to view.
Medibank may be Australia’s largest state IPO since ’97
Australian state-owned health insurer Medibank plans to raise up to 5.5 billion Australia dollars ($4.8 billion) in what could be the biggest state initial public offering (IPO) since Telstra in 1997....
View ArticleClik here to view.
Chiquita shares fall ahead of key investor vote
Shares of Chiquita Brands International closed down sharply Monday after a major institutional investor in the banana market giant said it would not back Chiquita’s plan to buy Ireland-based rival...
View ArticleClik here to view.
Stocks close mixed: Dow up slightly, S&P 500 dips
Stocks took a breather and closed mixed Monday after coming off their best weekly performance of the year. Energy stocks took a hit as oil prices fell to the key $80 per barrel mark on rising supplies...
View ArticleClik here to view.
Markets likely to shrug off audit of Euro banks
Wall Street has been known to have an ugly day on more than one occasion the past year or so as details of the eurozone’s struggling economy have escalated fears that the profits and revenues of...
View ArticleClik here to view.
Mobile trading on rise, provides edge
Investors have jumped on the mobile app bandwagon. They are trading more on their cellphones and say it gives them confidence and provides an investment edge, a Fidelity survey found. Nearly seven out...
View ArticleClik here to view.
Tesla stock rallies as Elon Musk defends sales tally
When Tesla Motors CEO Elon Musk reads something he doesn’t like, he takes to Twitter. But this time, he is being called out on his blast of theWall Street Journal. The Journal included some sales data...
View ArticleClik here to view.
Orbital Sciences Antares rocket explodes, stock crashes
Orbital Sciences, the company behind the Antares rocket that exploded Tuesday, is crashing in afterhours trading. Shares of the Dulles, Va.-based maker of rockets and space systems are down $4.37, or...
View ArticleClik here to view.
Stocks close lower as Fed ends bond buying
Stocks closed lower Wednesday after the Federal Reserve, as expected, said it is ending its stock-friendly ‘QE’ program. The Dow Jones industrial average fell 31.44 points, or 0.2%, to 16,974.31 and...
View ArticleClik here to view.
Facebook shares down 11% on warning of rising costs
First, there was good news. Facebook had topped estimates for the sixth straight quarter fueled by mobile advertising. Then, came the bad news. Facebook warned that costs would increase dramatically in...
View ArticleClik here to view.
High times on Wall Street
Dow record high. Check. S&P 500 record high. Check. Nasdaq at 2014 high. Check. The U.S. stock market continues to defy the skeptics, and enters November buzzing at fresh highs. Indeed, Wall Street...
View ArticleClik here to view.
How one fund turned a 4% loss into a 96% gain
Gold got hammered last month, falling to $1,164.25 on Oct. 31 from $1,216.50 the last trading day of September – a 4% decline. And that was the basis for the Direxion Daily Junior Gold Miners Index...
View ArticleClik here to view.
Apple security flaw sets stock on fire
A new major security flaw found with Apple operating systems Monday is lifting shares of the company that found the problem. Shares of FireEye closed up $1.61, or 5.3%, to $32.23 after the security...
View ArticleClik here to view.
Virgin America soars in IPO trading debut
Virgin America, the young airline known for its amenities and customer service but which has only recently turned a profit, went public on Friday. And early trading showed that the airline industry’s...
View ArticleClik here to view.
Dow, S&P 500 end week with record closing highs
The Dow and S&P 500 hit new closing highs Friday, registering a fifth straight week of stock gains. The Dow Jones industrial average climbed 91 points, or 0.5% to a new all-time finishing high of...
View ArticleClik here to view.
China opens stock exchange to foreign money
China’s most famous liquor, Maotai, and its top carmaker, SAIC, were among the renminbi draws this week as Chinese authorities launched a much-anticipated cross-border trading scheme that opened...
View Article
