Stock News

US stocks retreat amid energy sector decline, Fed worries

U.S. stocks fell, giving the Standard & Poor’s 500 Index its first four-day decline of the year, after energy shares dropped as investors awaited signals this week on the Federal Reserve’s stimulus plans. The S&P 500 dropped 0.6% to 1,646.06 at 4 p.m. in New York, the lowest level since July 8. The Dow Jones […] Read more

US stock index futures almost unchanged

U.S. stock-index futures were little changed after the Dow Jones Industrial Average posted its biggest weekly drop in 14 months, as investors awaited the release of Federal Reserve minutes. Futures on the Standard & Poor’s 500 Index expiring in September increased 0.1% to 1,653.1 at 10:43 a.m. in London. Contracts on the Dow rose 12 […] Read more

Nestle to revise business units amid sales slowdown

The Nestle SA this year bet on “cell methodology” tool that analyzes 1,000 distinct business units, or “cells,” across the 194 countries in which it operates, to help decide which ones should get more or less investment. The company needs to look deeper among businesses to find the reason for four quarter struggling sales. The […] Read more

Samsung and Sony to launch new products before Apple

Samsung Electronics and Sony Corp. would present new devices next month as the two electronic giants are competing to steal Apples moment. Samsung’s Galaxy Gear, a wireless technology department of Samsung would unveil a wristwatch-like device with features of a smartphone. Thats definitely not all from Samsung as the companys Note 3 will be introduced […] Read more

Europe stocks rose as data beats forecast and ends recession

European stocks advanced for a third straight week as data showing the euro area emerged from the longest recession on record amid speculation the Federal Reserve will reduce monetary stimulus. The benchmark Stoxx Europe 600 Index increased 0.1% to 306.36 this past week, extending its yearly advance to 9.5%. The Euro Stoxx 50 Index added […] Read more

US stock index futures point higher amid data

U.S. stock-index futures rose, signaling the Standard & Poor’s 500 Index will rebound from yesterday’s deepest drop in two months, before economic reports on housing and consumer confidence. Futures on the S&P 500 expiring in September added 0.3% to 1,660 at 6:24 a.m. in New York. Contracts on the Dow Jones Industrial Average climbed 17 […] Read more

Herbalife related to a Canadian pyramid scheme

Herbalife, the nutrition selling company under attack from shortseller Bill Ackman, allowed an affiliated business to continue operating in its network for almost a decade after Canadian authorities had labelled the operation a pyramid scheme, a Financial Times investigation indicates. Mr Ackman, founder of hedge fund Pershing Square, stated earlier that Herbalife itself is a […] Read more

Walmart adjusts forecasts amid fall of shares

Wal-Mart Stores Inc., confirming worries taking place throughout the retail sector, reported an unexpected second-quarter decline in its U.S. chain’s comparable store sales and cut both its profit and sales outlook for the year. The company’s shares dropped 2.6% on Thursday to be the second-biggest decliner in the Dow. The S&P Retail Index also dropped […] Read more

Facebook to convince advertisers with mobile payment feature

Facebook is testing a new mobile payment feature as it explores ways to boost revenues from advertisers by showing that ads on the social network lead directly to purchases. The feature will draw on credit card information already stored with Facebook to automatically fill in a payment information form when a person wants to buy […] Read more

US stocks retreated the most since June amid US data, company reports

U.S. stocks sank the most since June as reports from Cisco Systems Inc. and Wal-Mart Stores Inc. disappointed while improving economic data fueled concern the Federal Reserve will reduce stimulus. The Standard & Poor’s 500 Index lost 1.4%, the most since June 20, to 1,661.32 at 4 p.m. in New York. The Dow Jones Industrial […] Read more