Author Archives: Editor - Stock Markets News

PRESS DIGEST – Wall Street Journal

Oct 20 (Reuters) – The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. * Democrats, worried as polls show their chances of retaining control of … Continue reading

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Investor group aims to buy Reebok unit

NEW YORK (Reuters) – An investor group that includes Jynwel Capital and funds affiliated with the Abu Dhabi government is launching a bid to buy Reebok from Adidas AG for about $2.2 billion, the Wall Street Journal reported Sunday. Jynwel … Continue reading

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HSBC fall weighs on UK’s FTSE as rebound loses steam

* FTSE 100 falls 0.4 pct * HSBC edges lower after Citigroup (NYSE: C – news) price target cut * Tesco (Xetra: 852647 – news) up on media report of bid interest for Asian assets By Sudip Kar-Gupta LONDON, Oct … Continue reading

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HSBC fall weighs on FTSE as rebound loses steam

By Sudip Kar-Gupta LONDON (Reuters) – Britain’s top equity index slipped on Monday, as last week’s bounce off 15-month lows faded and a dip in the shares of global bank HSBC pegged back the market. The blue-chip FTSE 100 index, … Continue reading

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European shares halt sell-off; Rolls-Royce sinks

PARIS (Reuters) – European stocks rose in early trading on Friday, halting the week’s sharp drop after Wall Street pared losses as macro data soothed fears about the U.S. economic outlook. At 0803 GMT (09:03 a.m. BST), the FTSEurofirst 300 … Continue reading

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TCS slumps nearly 9 percent, earnings miss estimates

By Nivedita Bhattacharjee and Sumeet Chatterjee MUMBAI (Reuters) – Tata Consultancy Services Ltd , India’s biggest software services exporter, posted a 13.6 percent rise in quarterly net profit, but missed analyst estimates on weakness in outsourcing demand in Latin America … Continue reading

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A flat stock market debut for Jimmy Choo

LONDON (AP) — Jimmy Choo didn’t look too sexy to the City. Britain’s finance center in the city of London yawned Friday with the stock market flotation of the luxe stiletto maker. Conditional trading began at 140 pence per share, … Continue reading

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MIDEAST STOCKS-Markets rebound as global bourses rally on earnings, sentiment

* Most markets catch up with Friday’s global rally * Dubai’s Arabtec surges after promising Egypt deal soon * Stocks in Abu Dhabi, Qatar also rally * Saudi’s Jarir Marketing jumps after laying out expansion plans * Egypt gives up … Continue reading

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Wall Street rallies on earnings, data; S&P down on week

By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks rose on Friday, with each of the major indexes up more than 1 percent, following a batch of solid earnings reports that offset concerns about the impact of weak global demand … Continue reading

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US STOCKS-Wall St up 1 pct on earnings, data; housing shares jump

* GE, Honeywell climb after quarterly results * Housing shares up after WSJ report, data * Small caps flat after longest streak of 1 pct gains since2012 * Indexes up: Dow 1.5 pct, SP 1.3 pct, Nasdaq 1.1 pct (Updates … Continue reading

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