Stories about Markets

Sep 10 2016

Session Performance Check: Narrowing in on Shares of Seagate Technology. (NASDAQ:STX)

The stock was sold at an average price of $32.45, for a total transaction of $40,594.95. Three equities research analysts have rated the stock with a sell rating, twenty ...

Sep 10 2016

Texas mattress company apologizes for 'tasteless' 9/11 ad

But if you thought the commercial couldn't get any worse, after the collapse of mattresses, Bonanno proceeds to say the following, "We'll never forget". "It will be "mira...

Sep 10 2016

Ford Smart Mobility acquires Chariot to boost its smart city transit plans

Ford says it plans to expand the shuttle service to five more cities over the next 18 months. Launching next year, Ford GoBike will be accessible by users through the ...

Sep 10 2016

CEO of troubled Italian bank Monte dei Paschi resigns

It said the search for a replacement is under way and Viola will remain in place until the successor is named. A source close to him said he had not been contacted for no...

Sep 10 2016

Boston Fed's Rosengren says 'gradual tightening' will prolong recovery

On Wednesday, Richmond Fed President Jeffrey Lacker said the case for a rate hike is "strong" heading into the September meeting and that he doesn't "see what will hold u...

Sep 10 2016

Volkswagen engineer pleads guilty in U.S. diesel emissions probe

A grand jury indicted Liang in June, but the indictment was only made public on Friday. The state of Vermont announced Wednesday that it would be suing Volkswagen and its...

Sep 09 2016

Yellen: Case for Rate Hike "Strengthened"; Market: "Meh"

Although the bank signaled more rate hikes this year, there has been none so far, as it pointed to risks in the US economy. Still, second-quarter GDP growth was revised d...

Sep 09 2016

Telco war: Reliance Jio, incumbent players to meet Trai on Friday

Target to cover 90 per cent of India's population: "Today, Jio's 4G network already covers 18,000 cities and towns and over 2 lakh villages". The trial has been initiat...

Sep 09 2016

US jobless claims fall as labor market remains strong

More broadly, jobless claims touched a four-decade low in April and have hovered modestly above the level for most of the spring and summer. With most eyes on a lack of...

Sep 09 2016

HP Enterprise to spin off non-core software assets

With HPE shareholders owning half of the merged company, they will benefit from improvements Micro Focus can make, Whitman said. Established past year as part of Hewlet...

Sep 09 2016

Chancellor Philip Hammond to give first Autumn Statement on November 23

Hammond said Britain would leave the single market and would try to secure a deal that was suited to the country's interests. He added: "I don't think we should be cava...

Sep 09 2016

Wells Fargo Fined $185 Million Over Improper Account Openings

On Thursday, Wells was hit with a record fine for covertly opening some 2 million unauthorized customer credit card and deposit accounts, draining real accounts to fund t...

Sep 09 2016

As US puts breaks on megadeals, Walgreens prepares to unload

The company has market capitalization of $75.20B. Now the company has earned "Buy" from 11 equity analysts. Walgreens shares were up 0.34%. Following the completion of th...

Sep 08 2016

No Surprises from Bank of Canada's announcement — BUSINESS REPORT

Financial vulnerabilities still exist, however, with household imbalances continuing to worry the Central Bank. "Interestingly, despite providing a laundry list of reas...

Sep 08 2016

Toronto area's home sales continue to soar

The plunge in real estate sales and deceleration in price increases in the Vancouver area last month were exactly what the government was trying to manoeuvre, and Premier...

Sep 08 2016

Putin says Russia didn't hack US Democratic Party

Even with the country mired in the longest recession in two decades, Mr Putin's ruling party is expected to win a majority of seats in parliamentary elections on Sept 18....

Sep 08 2016

Libertarian Gary Johnson not likely to appear in televised presidential debates

The record unpopularity of both Donald Trump and Hillary Clinton is making Libertarian Gary Johnson a lot more popular, as discontented voters from both parties look ...

Sep 08 2016

Starbucks' new drink comes with an anti-inflammatory

Typically, food chains across the U.S. begin introducing pumpkin infused treats in their stores when Fall begins. Dunkin' Donuts, for instance recently launched its fall ...

Sep 08 2016

Ackman feels like Mexican, buys 10 pct of Chipotle

The activist hedge fund revealed a stake of 2.9 million shares in a regulatory filing , in which Ackman added that he would be speaking with management about improving o...

Sep 08 2016

'Buhari, Osinbajo'll lead governors to Edo for APC rally'

As long as Nigeria exists, we will continue to play our role in stabilizing Nigeria. Please, sit down and reflect and remember what I said 30 years ago. He said the PDP s...