Apr 24, 2014 at 09:35 | Source: Reuters
Facebook Inc's mobile advertising business accelerated in the first three months of the year, helping the Internet social networking company top Wall Street's financial targets.
Apr 24, 2014 at 08:13 | Source: Reuters
According to Thomson Reuters data, profits are seen rising 1.6 percent this quarter, down from the 6.5 percent growth rate estimated at the start of the year.
Apr 23, 2014 at 09:59 | Source: Reuters
Asia shares held firm after a Chinese manufacturing survey met expectations, while on Wall Street, the S&P 500 and the Nasdaq posted a sixth straight session of gains.
Apr 23, 2014 at 08:38 | Source: Reuters
Investors hoping that the Chinese HSBC manufacturing PMI data for April would show some stabilization in the slowing economy were relieved when the survey came in at 48.3, still in contractionary territory but slightly above the March number.
Apr 23, 2014 at 07:46 | Source: Reuters
The S&P healthcare index, up 1 percent, was the best performer of the 10 major S&P sectors. Allergan Inc jumped 15.2 percent to USD 163.65 a day after activist investor William Ackman teamed up with Canadian drugmaker Valeant Pharmaceuticals International Inc to bid for the company.
Apr 22, 2014 at 20:37 | Source: Reuters
McDonald's has reported roughly two years of turbulent sales at US restaurants open at least 13 months, due to sluggish economic growth, stiffer competition and internal missteps that have complicated menus and slowed service.
Apr 22, 2014 at 07:38 | Source: Reuters
Monday's gain marked the S&P 500's fifth straight climb, its longest winning streak since October. The S&P 500 wrapped up its best week since July last week, boosted by results from such names as General Electric Co and Morgan Stanley. The Nasdaq also scored its fifth straight gain on Monday.
Apr 21, 2014 at 17:00 | Source: Moneycontrol.com
State-run housing finance company LIC Housing Finance surpassed street expectations by reporting January-March quarter profit after tax at Rs 370 crore supported by other income, up 17 percent compared to same quarter last year.
Apr 18, 2014 at 11:51 | Source: Reuters
Google shares were down about 3 percent in early trading on Thursday, and at least 12 brokerages cut their target price on the stock. But most analysts kept a "buy" rating or equivalent on the company's shares.
Apr 18, 2014 at 07:36 | Source: Reuters
US stocks ended a holiday-shortened week with mostly modest gains on Thursday, though the S&P 500 notched its biggest weekly advance since July as Morgan Stanley and General Electric rallied after strong results.