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Financial Market News

Financial Markets news continually updated from thousands of sources around the net.

26 min ago | SiliconValley.com

Facebook stock soars, as company briefly passes IBM in market value

For a time on Thursday, a company based on sharing "likes" and photos was worth more than storied computer pioneer IBM.

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Related Topix: Startups, Facebook, Social Software, Computers, Google, Mark Zuckerberg

4 hrs ago | The New Zealand Herald

NZ stocks rise on Xero's US listing plans

New Zealand shares rose, paced by Xero after the cloud-based accounting software firm said it is mulling a New York listing where shares in Facebook and Apple have rebounded.

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Related Topix: Xero, Startups, Facebook, Social Software, Computers

8 hrs ago | The Fresno Bee

US stocks stall in late afternoon amid earnings

Investors reacted to quarterly results from companies across several industries, including Facebook, Ford and Caterpillar.

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Related Topix: Startups, Facebook, Mobile Marketing, Housing

10 hrs ago | Myrtle Beach Online

Morgan Stanley paying $275M to settle SEC charges

The Securities and Exchange Commission announced the settlement Thursday with the Wall Street bank.

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Related Topix: Stanley, Securities and Exchange Commission, Corporate / Securities Law, Law, Home, Mortgage, Personal Finance, Business News

10 hrs ago | Iol.co.za

US jobless claims fall

The number of Americans filing new claims for unemployment benefits fell to the lowest level in nearly 8-1/2 years last week, suggesting the labour market recovery was gaining traction.

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12 hrs ago | Brandon Sun

Toronto stock market set to rise on earnings news, strong manufacturing data

The Toronto stock market was set for a sharply higher open Thursday amid encouraging Chinese and European manufacturing data and strong earnings reports.

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Related Topix: Social Software, Startups, Facebook, World News, China

17 hrs ago | Reuters

Bulgarian lawmakers pave way for election with bank crisis unresolved

Bulgarian lawmakers voted overwhelmingly to accept Prime Minister Plamen Oresharski's resignation on Thursday, paving the way for an interim government to take over in August and a snap election in early October.

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21 hrs ago | Myrtle Beach Online

Swiss drug maker Roche posts 7 percent profit drop

The world's biggest manufacturer of cancer drugs, which reports earnings every six months, said it had 5.641 billion Swiss francs in net income from April to June, down from 6.047 billion francs in the comparable period of 2013.

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Related Topix: Medicine, Cancer, Business News

Wed Jul 23, 2014

WTHR-TV Indianapolis

US stocks drift following mixed corporate earnings

After two days of jury selection, lawyers are poised to give opening statements in the trial of a Detroit-area man who opened his front door and shot an unarmed woman, killing her.

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Reuters

Global Markets-Stocks rise on solid earnings, S&P sets new record high

Global equity markets edged higher on Wednesday as a backdrop of solid corporate earnings buoyed risk appetite, but worries over the Middle East and Ukraine kept demand strong for safe-haven assets such as bonds.

Comment?

Related Topix: Jersey City, NJ

Myrtle Beach Online

Former trader gets 2 years in prison for fraud

"This was a market that was dead in the water," Judge Janet Hall told Litvak. "This was a market that existed because of taxpayer money and you were in effect taking advantage of it through fraud."

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Related Topix: Prison, Criminal Defense Law, Law, Business News

KHOU-TV Houston

Former trader gets 2 years in prison for fraud

A federal judge has sentenced a former Wall Street trader to two years in prison for securities fraud, saying he took advantage of a government bailout program.

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KHOU-TV Houston

Stocks turn mostly higher as earnings roll in

U.S. stock indexes were mostly higher in early-afternoon trading Wednesday as investors weighed positive earnings from the technology industry against disappointing news from Boeing and other companies.

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Related Topix: Biotech, Science / Technology, Battlefield!, Video Games

KMIZ

Stocks start mixed as tensions ease

The S&P 500 cruised to a new all-time intraday high of 1,987.58 right out of the gate on Wednesday.

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Castanet.net

Stocks advance, tensions over downed jetliner ease, traders look to earnings

A strong earnings report from Canadian National Railway helped push the Toronto stock market higher Tuesday as traders put geopolitical concerns aside.

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Related Topix: Transportation, Railroads, Canadian National Railway, Rogers Communications Inc.

Tue Jul 22, 2014

Cybercast News Service

Asia stocks bolstered by US earnings, home sales

Asian stock markets posted moderate gains Wednesday, bolstered by solid U.S. earnings and home sales.

Comment?

Related Topix: Housing, World News, Indonesia,

KFVS12

Bond insurers vow to fight Detroit financial plan

DETROIT - Companies that insure Detroit bonds and stand to lose millions repeated a pledge Tuesday to aggressively challenge the city's bankruptcy plan, a day after retirees endorsed pension cuts and qualified for a bailout led by the state.

Comment?

Related Topix: Economics News, Bankruptcy

Cybercast News Service

Southwest, South score low on child-welfare index

Several states in the Deep South and Southwest have earned dismal scores on an annual child-welfare index that cited poverty and single-parent house households as worrisome trends that must be turned around for things to improve.

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Related Topix: Family, Kids, Bill Haslam, Springfield, TN

Lexington Herald-Leader

Contrarian's case: Why US could dip into recession

Employers in the U.S. are creating jobs at the fastest pace since the late 1990s and the economy finally looks ready to expand at a healthy rate.

Comment?

Forbes.com

YieldBoost Yum! Brands To 4.5% Using Options

Shareholders of Yum! Brands, Inc. looking to boost their income beyond the stock's 2% annualized dividend yield can sell the January 2016 covered call at the $87.50 strike and collect the premium based on the $2.83 bid, which annualizes to an additional 2.5% rate of return against the current stock price , for a total of 4.5% annualized rate in the ... (more)

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Related Topix: Yum Brands, Restaurant Management, Long John Silver's

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