Wed, 22 Oct 2014 16:26:34 -0400
Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Six Flags Entertainment Corp., up $4.40 to $38.90 The amusement park operator ...
Wed, 22 Oct 2014 15:20:15 -0400
Yahoo stock rose six per cent on markets Wednesday after its earnings beat estimates, largely as a result of a big gain on the sale of part of its investment in Alibaba. Yahoo posted earnings of 52 cents a share on revenue of $1.09 billion, beating expectations of 30 cents per share on $1.05 billion. Net profit jumped to $6.8 billion, which included $6.3 billion from its Alibaba shares.
Wed, 22 Oct 2014 14:40:53 -0400
(Reuters) - JPMorgan Chase & Co executives in New York were aware of potential problems tied to its recruitment practices in China well before U.S. regulators launched a probe into the issue, the Wall Street Journal reported, citing sources and documents it reviewed. The U.S. Securities and Exchange Commission is examining the extent to which JPMorgan executives at its headquarters were involved in overseas hiring, the report said. ...
Wed, 22 Oct 2014 13:49:26 -0400

Bayer Management Board Chairman Wenning poses during a news conference in LeverkusenBy Arno Schuetze, Freya Berry and Pamela Barbaglia FRANKFURT/LONDON (Reuters) - Private equity firms are circling Bayer's 10 billion-euro (7.9 billion British pounds) plastics business, hoping to divert the German drugmaker from its plan to list the division, two people familiar with the matter said on Wednesday. Advent, Carlyle , Cinven , CVC and KKR are among those eyeing MaterialScience after Bayer said in September that it planned to spin off the division through a stock market listing, helping it focus on its more profitable life sciences business. ...


Wed, 22 Oct 2014 13:12:18 -0400
FRANKFURT/LONDON, Oct 22 (Reuters) - Private equity firms are circling Bayer (Milan: BAY.MI - news) 's 10 billion-euro ($12.7 billion) plastics business, hoping to divert the German drugmaker from its plan to list the division, two people familiar with the matter said on Wednesday. Advent, Carlyle, Cinven, CVC (Taiwan OTC: 4744.TWO - news) and KKR are among those eyeing MaterialScience after Bayer said in September that it planned to spin off the division through a stock market listing, helping it focus on its more profitable life sciences business. Given the size of the asset, the funds are also in discussions to form consortia, potentially with investors including sovereign wealth funds (SWFs). "All the SWFs and pension funds are being drafted in," one of the sources said.
Wed, 22 Oct 2014 12:51:27 -0400

The Boeing logo is seen at their headquarters in ChicagoBy Alwyn Scott (Reuters) - Boeing Co reported an 18 percent increase in quarterly profit and raised its full-year core earnings forecast for the third time, reflecting booming commercial aircraft demand and increasing profitability in its defense business. But shares of the Chicago-based aerospace and defense giant slipped 1.5 percent in early trading, as analysts viewed the profit gain as a given and raised concern about signs that the costs of the 787 Dreamliner were creeping higher. The company earned $1.36 billion, or $1.86 per share, for the third quarter ended Sept. 30, up from $1. ...


Wed, 22 Oct 2014 12:29:13 -0400
European shares nudged higher on Wednesday, supported by a raft of positive corporate earnings and mild inflation data from the United States which may encourage the U.S. Federal Reserve to keep interest ...
Wed, 22 Oct 2014 10:38:37 -0400
European shares nudged higher on Wednesday, supported by a raft of positive corporate earnings and mild inflation data from the United States which may encourage the U.S. Federal Reserve to keep interest ...
Wed, 22 Oct 2014 10:34:00 -0400
LONDON--(BUSINESSWIRE)-- Please replace the release dated October 09, 2014 with the following corrected version due to multiple revisions. The corrected release reads: DIALOG SEMICONDUCTOR PLC.: THIRD ...
Wed, 22 Oct 2014 10:09:27 -0400

The Boeing logo is seen at their headquarters in ChicagoBy Alwyn Scott (Reuters) - Boeing Co reported an 18 percent increase in quarterly profit and raised its full-year core earnings forecast for the third time, reflecting booming commercial aircraft demand and increasing profitability in its defense business. But shares of the Chicago-based aerospace and defense giant slipped 1.5 percent in early trading, as analysts viewed the profit gain as a given and raised concern about signs that the costs of the 787 Dreamliner were creeping higher. The company earned $1.36 billion, or $1.86 per share, for the third quarter ended Sept. 30, up from $1. ...


Wed, 22 Oct 2014 07:16:11 -0400
** GlaxoSmithKline rises 4.6 pct after reporting Q3 EPS of 27.9p, up 5 pct and above the 24p forecast by analysts. ** Biggest one-day rise for stock since April. ** Top riser on FTSE 100 at 1100 GMT. ** ...
Wed, 22 Oct 2014 04:16:42 -0400

Trader sits at his desk at the Frankfurt stock exchangelinBy Marius Zaharia LONDON (Reuters) - European shares edged up and the euro hit a one-week low against the dollar on Wednesday, driven by upbeat company earnings results and hopes of corporate bond buying by the European Central Bank. Shares in Swiss engineering group ABB gained 3.1 percent after posting a bigger-than-expected rise in orders, helped by demand from the oil and gas industries. Outdoor equipment maker Husqvarna surged 6.1 percent after reporting a rise in earnings that was above forecasts. ...


Wed, 22 Oct 2014 04:15:58 -0400
European shares inched higher in early trading on Wednesday, extending the previous session's sharp gains, with a raft of positive corporate results from companies including ABB and Husqvarna lifting sentiment. ...
Wed, 22 Oct 2014 03:59:46 -0400
* Sources say ECB considering buying corporate bonds * Earnings results beat expectations in Europe, the U.S. * European shares inch up, euro hits one-week low, yields fall LONDON, Oct 22 (Reuters) - European shares edged up and the euro hit a one-week low against the dollar on Wednesday, driven by upbeat company earnings results and hopes of corporate bond buying by the European Central Bank.
Wed, 22 Oct 2014 03:16:15 -0400
European shares inched higher in early trading on Wednesday, extending the previous session's sharp gains, with a raft of positive corporate results from companies including ABB and Husqvarna lifting sentiment. ...
Wed, 22 Oct 2014 02:53:50 -0400
(Updates with markets open) DUBAI, Oct 22 (Reuters) - Markets in the United Arab Emirates and Qatar rose in early trade on Wednesday on the back of solid third-quarter corporate earnings and strengthening global equities. Dubai's index rose 1.8 percent and lender Emirates NBD was one of the main supports, jumping 2.6 percent after it beat analysts' forecasts by a wide margin and reported a doubling of third-quarter net profit. Abu Dhabi's benchmark gained 1.4 percent and Abu Dhabi Commercial Bank was up 1.3 percent. The lender reported a 16. ...
Wed, 22 Oct 2014 02:33:09 -0400
Reuters Market Eye - Dewan Housing Finance Corp shares surge 9.6 percent, headed towards their biggest daily gain since July. July-September earnings beat some analyst estimates. Profit rose 3 percent to 1.52 billion rupees ($24.8 million). ($1 = 61.2200 rupees) (Reporting by Abhishek Vishnoi)
Wed, 22 Oct 2014 01:23:55 -0400
DUBAI, Oct 22 (Reuters) - Stock markets in the Middle East may continue recovering on Wednesday on the back of generally strong third-quarter results and a supportive global backdrop. Global equities advanced on Tuesday as technology earnings lifted U.S. shares and the prospect of European Central Bank corporate bond purchases boosted European stocks. The Dow Jones industrial average closed 1.3 percent up, the S&P 500 added 2.0 percent and the FTSEurofirst 300 climbed 2.1 percent. Asian stocks also rose in early Wednesday trade. ...
Wed, 22 Oct 2014 01:05:03 -0400
Reuters Market Eye - Biocon Ltd falls 2.7 percent. July-Sept earnings lag some analyst estimates. Margins contracted by 90 bps to 22.8 percent are on account of higher employee costs. Biocon says biopharma business continues to be impacted by factors like geo-political challenges. (Reporting by Abhishek Vishnoi)
Wed, 22 Oct 2014 00:22:41 -0400

An employee poses with the bundles of Indian rupee notes inside a bank in AgartalaReuters Market Eye - The rupee is trading at 61.19/dollar versus its previous close of 61.31/32. Asian shares gain tracking higher Wall Street on U.S. tech earnings. Sentiment for the rupee is positive after the Bharatiya Janata Party-led government ended fuel price controls, opened up the coal sector and the party won two state elections. Nifty rises 0.9 percent. (Reporting by Gaurav Pai)


Tue, 21 Oct 2014 23:55:54 -0400

A pedestrian is reflected in an electronic board displaying various stock prices at a brokerage in TokyoBy Lisa Twaronite TOKYO (Reuters) - Asian shares were on track for solid gains on Wednesday, after Wall Street's strong performance on upbeat results from two technology bellwethers offset investors' recent concerns about the outlook for the global economy. MSCI's broadest index of Asia-Pacific shares outside Japan extended gains and was up 0.9 percent, while Japan's Nikkei stock average added 1.7 percent, rebounding from Tuesday's 2 percent drop. ...


Tue, 21 Oct 2014 21:41:12 -0400
* ASX 200 gains for seventh session, longest winning streak since July SYDNEY/WELLINGTON, Oct 22 (Reuters) - Australian shares rose 0.8 percent on Wednesday, led by bluechip stocks as Wall Street rallied overnight, while BHP Billiton (NYSE: BBL - news) helped lift the resource sector after saying it was on track to meet its full-year iron ore production guidance. Resource stocks were led by BHP Billiton Ltd which rose 1.3 percent to hover at a near 1-month high of A$34.21. Rio Tinto Ltd (Xetra: 855018 - news) jumped 1.8 percent and OZ Minerals Ltd climbed 2.5 percent to A$4.16, a one-month high.
Tue, 21 Oct 2014 20:33:16 -0400

Traders work on the floor of the New York Stock ExchangeBy Yasmeen Abutaleb NEW YORK (Reuters) - U.S. stocks rallied on Tuesday, with the S&P 500 notching a fourth straight session of gains boosted by strong corporate results, including Apple's. The S&P 500 and Dow Jones were up more than 1 percent while the Nasdaq rose more than 2 percent, thanks to better-than-expected results from several major tech companies. The bullish tone was helped by a Reuters story that said the European Central Bank is considering buying corporate bonds. ...


Tue, 21 Oct 2014 20:29:50 -0400

The Governor of Britain's Bank of England, Mark Carney, speaks at an event at which he addressed business leaders and the media in EdinburghBy Herbert Lash NEW YORK (Reuters) - Global equity markets fell on Wednesday, reversing earlier gains driven by solid corporate earnings and mild U.S. inflation data that may let the Fe...


Tue, 21 Oct 2014 20:23:24 -0400
Sell Me This Pen – Really? On occasion I’ve come across the “Sell Me This Pen” concept. The first time I actually heard somebody use the phrase was in the movie “The Wolf of Wall Street”, and since then I pay attention when I hear it. Just recently I read a post on LinkedIn explaining...