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Updated: 5 days 1 hour ago

Oil Falls 2% on China Data

Mon, 02/01/2016 - 04:08
Oil fell 2 percent on Monday as weak economic data from China weighed on prices and an OPEC source played down talk of an emergency meeting to stem the decline.
Categories: Business News

HSBC to Freeze Salaries, Hiring in 2016

Mon, 02/01/2016 - 03:23
Europe's largest lender, HSBC, is imposing a hiring and pay freeze across the bank globally in 2016, two sources familiar with the matter told Reuters.
Categories: Business News

CDC To Say Chipotle Outbreak Is Over

Mon, 02/01/2016 - 03:06
The E. coli outbreak that sickened more than 50 Chipotle Mexican Grill customers in nine states last year is expected to be declared over.
Categories: Business News

Alphabet Earnings to Reveal "Moonshot" Costs

Mon, 02/01/2016 - 02:51
Investors will get their long-awaited answer to the cost of Google's other businesses, when Alphabet reports fourth-quarter results after markets close on Monday.
Categories: Business News

Nikkei Soars to Begin Week

Mon, 02/01/2016 - 02:46
Tokyo shares on Monday soared to near one-month highs in heavy volume as the Bank of Japan's surprise decision to adopt negative interest rates spurred further buying.
Categories: Business News

China Shares Fall on Economic Data

Mon, 02/01/2016 - 02:29
Chinese shares stumbled lower on Monday after an official measure of activity in the giant factory sector fell to its lowest since mid-2012.
Categories: Business News

Keep calm and stay focused

Sun, 01/31/2016 - 23:05
Our portfolio suffered from exposure to the energy sector
Categories: Business News

NY AG Levies Large Fines On Credit Suisse, Barclays Over Dark Pools

Sun, 01/31/2016 - 12:16
New York Attorney General Eric Schneiderman has reached a long-awaited settlement with two major Wall Street banks over alleged improprieties involving activities in their private trading venues known as "dark pools."
Categories: Business News

Venezuela's Oil Minister To Visit Russia To Push For Coordinated Action

Sat, 01/30/2016 - 12:54
Venezuela's oil minister plans to visit Russia, Iran, Qatar and Saudi Arabia beginning Monday, in a bid to stabilize oil prices.
Categories: Business News

Fed's Williams Says U.S. Will 'weather The Storm'

Fri, 01/29/2016 - 16:13
San Francisco Fed President John Williams said he was optimistic about the economic outlook.
Categories: Business News

The Markets Get a Boost From Oil's Third Day Rally

Thu, 01/28/2016 - 17:12
The bulls came off the sidelines today and stayed in the game until the closing bell!
Categories: Business News

Fortinet Shares Jump After Earnings Beat

Thu, 01/28/2016 - 15:51
Fortinet Inc. shares jumped in the extended session Thursday after the cybersecurity company topped Wall Street estimates for the quarter.
Categories: Business News

Western Digital Reports Better-than-expected Quarterly Earnings

Thu, 01/28/2016 - 15:30
Western Digital Corp. late Thursday reported its fiscal second-quarter earnings fell to $251 million, or $1.07 a share, from $438 million, or $1.84 a share, in the same period last year.
Categories: Business News

Visa Shares Higher After Company Reports Q1 Results In Line

Thu, 01/28/2016 - 15:23
Visa Inc. said Thursday it earned an adjusted $1.7 billion, or 69 cents a share, in the fiscal first quarter of 2016, up 10% from the year-ago period.
Categories: Business News

Amazon Stock Tumbles Following Quarterly Earnings Miss

Thu, 01/28/2016 - 15:20
Shares of Amazon.com
Categories: Business News

Microsoft Shares Rally On Earnings Beat

Thu, 01/28/2016 - 15:19
Microsoft Corp. shares rallied in the extended session Thursday after the company topped Wall Street estimates for the quarter.
Categories: Business News

Report: Xerox to Split In Two Companies

Thu, 01/28/2016 - 15:16
Xerox Corp will split into two companies and give billionaire activist investor Carl Icahn three board seats on one of the companies, the Wall Street journal reported.
Categories: Business News

Shares Of EA Tank After Revenue Misses Wall Street's Estimate

Thu, 01/28/2016 - 15:13
​Shares of Electronic Arts Inc. skidded in Thursday's extended trade after the video game publisher posted better-than-expected earnings but missed on revenue.
Categories: Business News

Microsoft Revenue Suffers in Weak PC Market

Thu, 01/28/2016 - 15:12
The tech titan revealed adjusted fiscal second-quarter earnings per share of 78 cents on revenue of $25.7 billion.
Categories: Business News

U.S. Stocks Rise After Upbeat Earnings, Oil Jump

Thu, 01/28/2016 - 15:04
U.S. stocks ended higher on Thursday, as a jump in oil prices and upbeat earnings results from Facebook Inc. and Under Armour Inc. lifted sentiment.
Categories: Business News