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Tech Rally Powers Wall Street Higher, Nasdaq Notches Record Close
Wall Street's three benchmark indexes rallied on Monday, led by broad gains in tech stocks, driving the Nasdaq to a record closing high as investors wager on the retention of solid economic growth, while declining oil prices affected the energy sector...
2018-06-05 00:31:00 UTC+00
31270
Industry,
Investments,
Share,
Business,
Stocks, bonds,
Equity markets
Apple Shares Hit Record High as Developer Conference Kickstarts
Apple shares reached a fresh all-time high on Monday, as developers flocked to San Jose, California for WWDC, the firm's annual developer conference. The stock rallied by as much as 1...
2018-06-05 00:31:00 UTC+00
34855
Industry,
Investments,
Share,
Business,
Stocks, bonds,
Equity markets
European Markets Finish Higher as Utility Stocks Rally
European stock markets ended higher on Monday, amid a series of corporate news regarding prospect mergers and acquisitions.The pan-European Stoxx 600 ended marginally higher by 0...
2018-06-04 23:18:00 UTC+00
26125
Industry,
Investments,
Eurozone,
Business,
Stocks, bonds,
Equity markets
HP Inc Delivers Strong Results, Lifts Estimates on PC Demand
HP Inc posted better-than-projected quarterly revenue and increased its full-year profit estimate on Tuesday, aided by solid demand for its notebook and desktops...
2018-05-30 01:24:00 UTC+00
17965
Industry,
Share,
Business,
Forecast
UK Growth Slumps to 5-Year Low as Business Investment Drops
Declining business investment and the weakest household spending growth in over three years recorded a bad start to 2018 for Britain's economy, as official data recently showed that the UK nearly stagnated...
2018-05-27 23:05:00 UTC+00
18055
Business,
GDP,
UK
U.S. Business Investment Grew in April
A proxy for business investment grew at a strong pace in April, but overall durable goods orders dropped in the same month as a result of a fall in aircraft demand...
2018-05-27 22:54:00 UTC+00
14335
Industry,
Business
Eurozone Business Activity Extends Slowdown in May
Business activity in the eurozone slowed for the fourth consecutive month in May, according to a survey of manufacturers and service providers, an indication that economic expansion has yet to bounce back from a suddenly weak showing in the first quarter...
2018-05-23 23:24:00 UTC+00
14395
Eurozone,
Business,
European Union
U.S. to Relax Dodd-Frank Banking Rules as it Clears Congress Hurdle
A move to ease U.S. banking rules put in place in the wake of the financial crisis has cleared its final stage in Congress.The House of Representatives voted 258-159 to approve the measure, forwarding it to the president to sign into law...
2018-05-23 02:22:00 UTC+00
17485
Industry,
Investments,
Business,
Finance
Tesla Model Fails to Get Consumer Reports Approval Due to ‘Big Flaws’
U.S. magazine Consumer Reports did not give its seal of approval to Tesla Inc's Model 3 sedan, stating it will not recommend the vehicle because of its flaws...
2018-05-22 05:51:00 UTC+00
14830
Industry,
Investments,
Share,
Business,
Stocks, bonds
Majority of Asian Indexes Close Higher as Investors Weigh in U.S.-Trade Developments
Most of the shares in Asian markets ended higher on Friday, shaking off the Wall Street's weak close as investors digested the most recent over U.S.-China trade news...
2018-05-18 09:20:00 UTC+00
21775
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Share,
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Twenty-First Century Fox Posts Revenue Beat on Strong Cable Earnings
Twenty-First Century Fox Inc reported quarterly revenue that surpassed analysts' estimate, as higher fees from cable and satellite distributors boosted cable business earnings to hit a record high...
2018-05-09 23:44:00 UTC+00
14095
Industry,
Investments,
Share,
Business
U.K. Retail Sales Sharply Decline in April
U.K. retailers suffered the sharpest decline in business in over two decades in April as bad weather, the squeeze on household budgets and the timing of Easter led to a hefty cut in consumer spending...
2018-05-09 04:30:00 UTC+00
21625
Industry,
Business,
UK
Eurozone Investor Morale Slightly Fell in May - Sentix
Eurozone investor sentiment edged lower in May, following a series of sharp declines that came amid a soft patch of data covering the currency bloc.A gauge of investor sentiment compiled by Sentix, a research institution, dropped to 19...
2018-05-08 04:07:00 UTC+00
22765
Eurozone,
Business
Nestle, Starbucks Ink $7.15 billion Coffee Licensing Tie-Up
Nestle, the world's biggest food and beverage firm, has struck $71.5 billion cash deal with Starbucks Corp. for exclusive rights to sell the coffee chain's packaged coffees and teas globally...
2018-05-08 02:14:00 UTC+00
26140
Industry,
Investments,
Share,
Business
Buffett Wants Bigger Bite of Apple Inc., Endorses Firm’s Buybacks
Renowned investor Warren Buffett has been on a shopping spree for Apple Inc. shares and indicated on Saturday that he would acquire even more shares at the right prices...
2018-05-06 23:07:00 UTC+00
18640
Investments,
Share,
Business
Tesla Books Record Q1 Loss, Says Model 3 Production on Track
Tesla Inc. reported a narrower-than-projected loss as the electric carmaker increased spending to boost Model 3 production in April.Despite beating estimates, the company posted its worst ever quarterly loss and cautioned that it would shutter production for around 10 days during the second quarter, including its most recent planned shutdown period in April...
2018-05-03 00:47:00 UTC+00
23275
Investments,
Business,
Stocks, bonds,
Company
Snap Tanks Redesign Affect Quarterly Results
Shares of Snap plunged by as much as 17 percent after the firm reported revenue that missed estimates in its most recent quarterly report, as a redesign of its Snapchat messaging app drove away some long-time fans and advertisers...
2018-05-02 02:00:00 UTC+00
20785
Industry,
Investments,
Share,
Business
Apple Reports Strong iPhone Sales Amid Global Demand Slump
Apple Inc. reported strong iPhone sales figures and pledged $100 billion in additional stock buybacks, beating analysts' estimates and lifting shareholder sentiment...
2018-05-02 01:11:00 UTC+00
23110
Industry,
Investments,
Share,
Business
Apple Shares Surge on Optimism for Bigger Shareholder Returns
Shares of Apple Inc. rose on heightened optimism that the tech-giant would announce a record-breaking increase to its stock repurchase and dividend plan when it reports its quarterly results this week...
2018-05-01 00:29:00 UTC+00
18235
Investments,
Share,
Business,
Stocks, bonds
U.S. Business Investment Cools; Labor Market Remains Strong
New orders for key U.S.-made capital goods dropped in March, pulled down by the biggest decline in demand for machinery in almost two years, and a fall in shipments implies that business spending on equipment cooled in the first quarter...
2018-04-27 01:48:00 UTC+00
19135
World Economy,
Business,
Unemployment
Facebook’s Quarterly Results Shows Resilience after Data Scandal
Facebook Inc shares jumped after the social network posted a surprisingly solid 63 percent surge in quarterly profit and increase in user base, with no indication that the business was affected by a scandal over the mishandling of data of its users...
2018-04-26 01:00:00 UTC+00
20035
Industry,
Share,
Business
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