Virgin America shares surge on US stock market debut
Nov 15, 2014 at 02:27 | Source:
Shares in Richard Branson's Virgin America airline surged more than 30% in their first day of trading on the Nasdaq stock exchange in New York. Mr Branson owns nearly 25% of the company, which is an offshoot of his London-based Virgin Group. Vir...
Dow, S&P 500 Dip, End 5-Day Streak of Closing Highs
Nov 13, 2014 at 08:00 | Source:
New York: The Dow and S&P 500 ended slightly lower on Wednesday, breaking their five-day streak of record closing highs as energy and utility shares lost ground, while the Nasdaq climbed. Energy shares fell along with oil prices, with Brent c...
Danish ship fuel supplier OW Bunker goes bankrupt
Nov 08, 2014 at 04:42 | Source:
The world's largest ship fuel supplier, OW Bunker, has filed for bankruptcy after alleged fraud. The company's troubles came to light earlier this week when it discovered suspected fraud by senior employees in a Singapore-based subsidiary. ...
S&P 500, Nasdaq Slip; Falling Oil Prices Weigh on Energy
Nov 05, 2014 at 08:00 | Source:
New York: The S&P 500 and Nasdaq ended lower on Tuesday as another big drop in oil prices dragged down energy shares and Priceline's earnings forecast disappointed. The S&P 500 energy sector fell 1.9 per cent, extending the gr...
What's Behind the Saudi Oil Price Cut
Nov 05, 2014 at 03:56 | Source:
Dow, S&P 500 Close Slightly Lower; Semiconductors Boost Nasdaq
Nov 04, 2014 at 07:59 | Source:
New York: The S&P 500 and the Dow closed with slight losses on Monday after briefly touching intraday records, but strength in semiconductors boosted the Nasdaq. Monday's subdued trading followed the Dow's biggest weekly gain ...
Dow, S&P 500 Hit Records in Quiet Session
Nov 04, 2014 at 02:00 | Source:
New York: US stocks were little changed on Monday following a sharp rally on Friday, but both the S&P 500 and the Dow inched up to intraday records, while strength in semiconductors boosted the Nasdaq. Equities have been strong of late, with ...
Volatility is the #1 Investor Concern
Nov 03, 2014 at 22:00 | Source:
NEW YORK--(BUSINESS WIRE)--Oct. 27, 2014-- E* TRADE Financial Corp oration (NASDAQ: ETFC) today announced results from the most recent wave of StreetWise, E*TRADE's quarterly tracking study of experienced investors. Data suggest investor&...
Lam Research Announces Supplier Excellence Awards
Nov 03, 2014 at 22:00 | Source:
FREMONT, CA -- (Marketwired) -- 10/27/14 -- Lam Research Corp . (NASDAQ: LRCX), a major global provider of innovative wafer fabrication equipment and services to the semiconductor industry, today announced it has recognized six companies with&nbs...
Comcast Spin-off to List on Nasdaq in 2015
Nov 02, 2014 at 04:00 | Source:
Midwest Cable Inc, the cable company to be spun off from Comcast Corp after it buys Time Warner Cable Inc, said it would list its Class A common stock on the Nasdaq under the symbol "GLCI" in 2015. Upon completion of the merger, the...
UBS Cannot Arbitrate vs Nasdaq Over Facebook IPO: US Court
Nov 01, 2014 at 20:00 | Source:
New York: A divided US appeals court rejected UBS AG's bid to force Nasdaq OMX Group Inc to arbitrate a dispute over the exchange operator's alleged "catastrophic mismanagement" of Facebook Inc's $16 billion ...
Internet search giant Baidu misses profit forecasts
Oct 30, 2014 at 08:47 | Source:
Profits and revenues from China's dominant internet search giant Baidu have missed analysts' forecasts. In the three months to the end of September, net income rose 27% to 3.88bn yuan (£396m) and revenues jumped 52% to 13.5bn yuan. But tha...
Europe Stocks Climb With Asia as Treasuries Hold Gain
Oct 29, 2014 at 14:01 | Source:
European equity-index futures followed stocks higher in Asia, while Treasuries held their biggest monthly gain since January before the Federal Reserve reviews monetary policy. Nasdaq 100 Index futures dropped as Facebook (FB) Inc. tumbled and oil&am...
US Stocks Close With Strong Weekly Gains
Oct 25, 2014 at 14:01 | Source:
Wall Street Journal
U.S. stocks rose Friday, with the S&P 500 and the Nasdaq Composite posting their biggest weekly gains in more than a year, as investor confidence in the health of the U.S. economy continued to strengthen. The Dow Jones Industrial Average clim...
US Stock Futures Trade Lower
Oct 24, 2014 at 18:01 | Source:
Wall Street Journal
U.S. stock futures fell Friday after weak results from Amazon.com Inc. and stock-market declines in Europe. Dow Jones Industrial Average futures fell 50 points, or 0.3%, to 16563. S&P 500 futures shed eight points, or 0.4%, to 1938 and Nasdaq...
Wall Street Extends Rebound on Earnings, ECB Report
Oct 22, 2014 at 08:00 | Source:
New York: US stocks rallied on Tuesday, with the S&P 500 notching a fourth straight session of gains boosted by strong corporate results, including Apple's. The S&P 500 and Dow Jones were up more than 1 per cent while the Nasd...
Wall Street Gains on Apple; S&P Up for 4th Straight Day
Oct 21, 2014 at 19:59 | Source:
New York: US stocks rose on Tuesday, with the S&P 500 on track for a fourth straight session of gains as Apple and Texas Instruments rallied after their results. The results lifted the tech-heavy Nasdaq index up more than 1 per cent, while th...