Stock News

US stock futures almost unchanged amid earnings reports

U.S. stock index futures were little changed, after the Standard & Poor’s 500 Index climbed to a new record high on Friday, as investors awaited earnings for McDonald’s Corp. Todays economic calendar is almost empty of data news, however at 3 pm London time existing home sales report will be posted. A report at 10 […] Read more

Apple on a larger-screen tryouts for iPad and iPhone

Apple Inc. and its Asian suppliers are testing larger screens for iPhones and tablets, officials at the companys suppliers say. Recently, Apple has asked its engineers to come up with smartphone screens larger than 4 inches and has also asked for screen designs for a new tablet device reaching slightly less than 13 inches, they […] Read more

Deutsche Bank to tighten balance sheet by 20%

Deutsche Bank intends to shrink its vast balance sheet by as much as a fifth in order to comply with incoming stricter rules for banks financial policies. Deutsche is expected to announce to investors that it aims to achieve a minimum of 3% ratio of overall equity to loans by the end of 2015, as […] Read more

Jaguar Land Rover bets on entry level luxury cars

Jaguar the recently incorporated as Jaguar Land Rover firm is betting the future of its brand on a new family of entry-level luxury vehicles to challenge BMW, Audi and Mercedes-Benz, driving the classy but largely under-performing British marque into fast-growing, high-volume segments. The company is a subsidiary of the Indian automaker Tata motors. The new […] Read more

S&P rose to new record, tech sector sank

The S&P 500 rose to new levels on Friday, recording another day of advance. The benchmark has been on a four-straight week gain. However, tech sector disappointed as Microsoft and Google retreated by 11.4% and 1.55%, respectively. The S&P 500 rose 2.72 points, or 0.2%, to 1692.09. The Dow Jones Industrial Average lost 4.80 points, […] Read more

European stock indexes decline after Bernanke’s testimony

European stocks were little changed, as the main benchmark is heading to a session of loss, as China scrapped a lower limit on lending rates, in a compliance with losses in technology shares. U.S. futures were little changed, while Asian shares dropped. The Stoxx 600 fell less than 0.3% to 299.92 at 1:10 p.m. in […] Read more

US index futures retreat as tech industry shows weak earnings

U.S. stock-index futures dropped, hinting benchmarks will retreat from record high levels, as earnings from Microsoft Corp. and Google Inc. missed analysts’ estimates. Futures on the Standard & Poor’s 500 Index expiring in September fell 0.1% to 1,678.3 at 10:45 a.m. in London. Future Contracts on the Dow Jones Industrial Average sank 29 points, or […] Read more

Google hit by ad pricing and Motorola sales

Google’s stock fell about 1% at close and falling 5% in after-hours trading as it missed Wall Street forecasts for both revenues and earnings, as ad pricing came under renewed pressure from the shift to mobile and Motorola segment disappointed. A substantial 6% drop in the price of each ad clicked, more than analysts had […] Read more

Microsoft suffers from PC and Tablet markets decline

The continuous decline of PC sales and a $900 million charge against profits coming from weak demand for its Surface tablet hit Microsoft’s revenues and earnings in the latest quarter, according to figures released on Thursday. The news came a day after Intel slashed its forecasts for a partial recovery in PC sales later this […] Read more

US stock indexes with record highs as US earnings season delivers

U.S. stocks gained, sending benchmark indexes to record highs, as earnings from financial institutions jumped. Revenues beat estimates and jobless claims fell amid testimony from Federal Reserve Chairman Ben S. Bernanke. The Standard & Poor’s 500 Index gained 0.5% to 1,689.37 at 4 p.m. in New York. The index surpassed its previous daily high of […] Read more