November 27, 2013 12:36 pm
US stock-index futures advanced, with benchmarks heading for a third straight monthly gain, as investors awaited initial jobless claims data to asses the strength of consumer confidence in the world’s largest economy. Futures on the S&P 500 expiring next month added 0.1% to 1,804.10 at 12:22 a.m. in London. The S&P 500 has rallied 26 […]
Read moreNovember 27, 2013 10:21 am
Twitter Inc., the microblogging social site with more than 200 million members worldwide which recently became public company, is at investors focus, as they want to know when the company will be profitable. As globally, trends point to a mobile shift, successful social media companies need to emphasize mobile technology. Twitter is already prepared for […]
Read moreNovember 27, 2013 8:19 am
Investors, who had been worried that Hewlett-Packard would follow IBM, and disappoint in the last quarter, were surprised that HP had already included weakness in China and had performed well in other emerging markets. Shares in Hewlett-Packard jumped as much as 8% in after-hours trading on Tuesday after the technology company reported earnings at the […]
Read moreNovember 27, 2013 7:38 am
US stocks erased early morning gains in the final minutes of trading before close, causing main indexes to finish flat on Tuesday. The Nasdaq Composite Index topped 4,000 for first time in 13 years. The Standard & Poor’s 500 Index gained less than 1 point to 1,802.75 after earlier rising as much as 0.3%. The […]
Read moreNovember 26, 2013 3:22 pm
US shoppers would be flooding the malls in a hunt for Black Friday bargains this week, but there is a chance theyll be witnessing pricing theater. As each year stores are advertising deep discounts aimed at drawing customers into stores, retail-industry experts acknowledge that, in many cases, offered deals will be a carefully thought illusion. […]
Read moreNovember 26, 2013 1:50 pm
Bayer AG submitted an offer worth $2.4 billion for the purchase of Norways Algeta, its partner for a new prostrate cancer treatment, at a 27% premium to the stocks last close, Algeta reported today. Algeta, confirmed it was “in receipt of a preliminary acquisition proposal” from Bayer, while emphasizing that company is still uncertain of […]
Read moreNovember 26, 2013 12:39 pm
US stock- index futures a little changed, giving mixed signals of what direction would indexes follow during the day after yesterday S&P 500 index fell from record levels. Investors awaited reports on consumer confidence and house prices. Futures on the S&P 500 expiring next month dropped less than 0.1% to 1,801.70 at 12:15 p.m. in […]
Read moreNovember 26, 2013 10:15 am
Wal-Mart Stores Inc. appointed Doug McMillon, the head of its international business, to replace Mike Duke as chief executive officer when he retires as the world’s largest retailer has to solve issues of struggling home and international growth. Mr McMillons raise comes as the group tries to reverse falling sales in the US and fix […]
Read moreNovember 26, 2013 8:43 am
The awaited IPO listing of Fiats US unit Chrysler will not take place until next year, the Italian car-maker said on Monday, prolonging the uncertainty over its chances of buying out the rest of the company. The delay assures more breathing space for Sergio Marchionne, chief executive of both Fiat and Chrysler, to agree on […]
Read moreNovember 26, 2013 7:55 am
US stocks closed mixed yesterday as the Standard & Poor’s 500 Index fell, after seven consecutive weekly gains that boosted the benchmark to record levels, as pending home sales disappointed predictions, and volume traded lowered as more investors think market has reached its peak. The S&P 500 lost 0.1% to 1,802.48 at close in New […]
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