Oct 24, 2014 12:13 PM ET
European markets traded lower ahead of bank stress report scheduled to be released this Sunday. European Central Bank is scheduled to take over as the euro zone’s bank supervisor.
Oct 24, 2014 12:11 PM ET
Amazon.com Inc plunged as much as 10% after the online retailer reported larger-than-expected loss. The company also guided lower than expected revenue growth in the busy holiday period fourth quarter. Microsoft topped revenues expectations.
Oct 24, 2014 11:54 AM ET
Wall Street indexes meandered after new home sales rose 0.2% in September. Earnings dominated market sentiment and Microsoft surged after reporting better than expected revenues. Amazon Inc plunged after reporting wider than expected loss. European Markets stepped back ahead of stress test results.
Oct 24, 2014 10:03 AM ET
Australian market indexes traded higher and closed up for the second week in a row. Annual general meetings season picks up in Sydney and AMP, ResMed and Qantas send positive outlook signals. For the week, ASX 200 index advanced 2.7%.
Oct 23, 2014 1:15 PM ET
AT&T Inc declined after the wireless carrier reported less than expected adjusted quarterly earnings. Air Methods Corp, medical air transportation services provider lowered earnings outlook. Cabelas Inc plunged 14% after comparable store sales in the quarter dropped 11%. Yelp plunged 9%.
Oct 23, 2014 12:13 PM ET
European markets advanced after private surveys showed manufacturing sector expanded in the euro zone and the largest economy in the region, Germany, showed expansion in October.
Oct 23, 2014 12:06 PM ET
U.S. stocks advanced after initial claims of weekly jobless claims declined to near 14-year low. The U.S. dollar advanced and European markets gained after a private survey showed slight improvement in manufacturing outlook in Europe.
Oct 23, 2014 10:20 AM ET
Australian market indexes halted a seven-day rally after the Aussie dollar eased and a private survey showed better than expected manufacturing outlook. In thin trading stocks meandered. Rio Tinto extended contract with Chief Executive Sam Walsh as the miner battles takeover overtures from Glencore.
Oct 22, 2014 12:36 PM ET
ABB net plunged 12%. Boeing profit surged 18%. Biogen net climbed 76%. Dow Chemical net surged 43%. EMC net edged up. General Dynamics net jumped 7%. Thermo Fisher net soared 11%. Yahoo! Profit more than doubled.
Oct 22, 2014 12:13 PM ET
Stocks on Wall Street retained upward momentum after consumer price index increased 0.1% in September. The sharp decline in energy price for the third month in a row. European markets gained on the expectations that the ECB is likely to announce more measures to stimulate the economy.