November 12, 2013 7:27 am
U.S. stocks increased by little, as the Dow Jones Industrial Average extended its record, as investors awaited retailer earnings reports to asses the strength of consumer demand and the likelihood of cuts to monetary stimulus. The Standard & Poor’s 500 Index climbed 0.1% to 1,771.89 at 4 p.m. in New York to close within a […]
Read moreNovember 11, 2013 2:43 pm
Tech giant Apple is developing a new iPhone design that incorporates a curved screen and enhanced sensors, according to people familiar with the matter cited by Bloomberg. Two models are planned for release in the second half of 2014 which would feature larger displays with curved glass, according to an unnamed person “familiar with the […]
Read moreNovember 11, 2013 1:56 pm
U.S. stock-index futures are little changed, after companies posted the longest streak of weekly gains since February, as investors focused on earnings reports this week from retailers to asses the strength of consumer demand. Standard & Poor’s 500 Index futures expiring next month climbed 0.1% to 1,768.5 at 8:32 a.m. in New York. The benchmark […]
Read moreNovember 11, 2013 12:29 pm
Most European stocks remained unchanged, standing on five weeks of gains, amid better-than-forecast industrial output in China. Asian shares gained, while U.S. stock index stayed at record levels. The Stoxx Europe 600 index added 0.2% to 323.04 at 12:04 p.m. in London. The benchmark index has gained for five straight weeks, trading near its highest […]
Read moreNovember 10, 2013 8:38 am
Alibaba is an e-commerce businesses including business-to-business online web portals, online retail and payment services, a shopping search engine and data-centric cloud computing services. The 14-year-old company, founded by a former English teacher, is hard to categorize. While it is often called the Amazon.com of China, Alibaba is more of a mix between eBay Inc. […]
Read moreNovember 9, 2013 8:26 am
U.S. stocks gained for the week, pushing the Standard & Poor’s 500 Index to record high levels, as release of data fueled concern the Federal Reserve could scale back stimulus as soon as this year. The S&P 500 added 0.5% to 1,770.61 over the five days, extending the benchmark index’s raise to a fifth straight […]
Read moreNovember 8, 2013 1:01 pm
Tesla Model S electric car has caught on fire this week after hitting road debris on a Tennessee freeway. This is the third reported fire in a Model S in less than a month and a half. The accident happened on Wednesday afternoon near Smyrna, Tennessee. The fire, similarly to previous accidents, engulfed the front […]
Read moreNovember 8, 2013 12:09 pm
US stock futures advanced, signaling the Standard & Poors 500 would try to erase yesterdays losses, as investors stay focused on unemployment rate data with speeches from Federal Reserve Chairman Ben Bernanke and other central bank officials also expected. Futures for the Dow Jones Industrial Average rose 14 points to 15,581, at 11:54 a.m., London […]
Read moreNovember 8, 2013 10:14 am
Despite investor worries that Twitter may follow Facebook in first days of trade, the shadow of doubt which troubled the micro-blogging site has finally passed from the financial markets. Twitter soared 73% to $44.90 yesterday at close, the biggest first day gain for an IPO of more than $1 billion since 2007 after Alibaba.com. About […]
Read moreNovember 8, 2013 8:55 am
Walt Disney reported record full-year profits and revenues, boosted by big gains in its theme parks and consumer products divisions, as it agreed to a new television deal with Netflix and the release date for its new Star Wars film. Disney and Netflix reached to deal to develop shows based on Marvel superhero characters. The […]
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