Author Archives: Editor - Stock Markets News

Target cuts full-year forecast after weak first quarter

By Jessica Wohl (Reuters) – Target Corp cut its full-year profit forecast on Wednesday while turning in a weak first quarter with disappointing sales, as a chilly start to spring kept shoppers from buying seasonal items like clothing. Target warned … Continue reading

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Bernanke spurs stock volatility, dollar gains

By Ryan Vlastelica NEW YORK (Reuters) – Stocks, bonds and currencies took a wild ride on Wednesday after Federal Reserve Chairman Ben Bernanke said the U.S. central bank’s massive bond-buying program would remain in place for now, even as the … Continue reading

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U.S. stocks, oil fall after Bernanke; dollar gains

By Ryan Vlastelica NEW YORK (Reuters) – Stocks, bonds and currencies took a wild ride on Wednesday, as remarks by Federal Reserve Chairman Ben Bernanke failed to provide the clear picture investors had hoped for of the likely continuation of … Continue reading

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HP’s slumps deepens in 2Q as earnings fall 32 pct

SAN FRANCISCO (AP) — Hewlett-Packard’s slump is deepening as the world’s largest personal computer maker scrambles to meet the growing demand for more versatile and less expensive mobile devices. The latest evidence of Hewlett-Packard Co.‘s continuing downfall came in a … Continue reading

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Global shares grind higher, yen rebounds on minister’s remarks

By Herbert Lash NEW YORK (Reuters) – Global equity markets mostly rose on Monday, driven higher by a flurry of merger and acquisition activity, while a recent tumble in the yen against the dollar halted after Japan‘s economy minister suggested … Continue reading

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World stocks grind higher, yen rebounds on minister’s remarks

By Herbert Lash NEW YORK (Reuters) – Global equity markets mostly rose on Monday, driven higher by a flurry of merger and acquisition activity, while a recent tumble in the yen against the dollar halted after Japan’s economy minister suggested … Continue reading

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Small company stocks take the limelight

NEW YORK (AP) — Small-company stocks were a bright spot in a slow and choppy start to the week for Wall Street. The Russell 2000, an index of small-company stocks, climbed above 1,000 points for the first time and ended … Continue reading

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Wall Street ends flat on correction worries

By Angela Moon NEW YORK (Reuters) – U.S. stocks ended little changed on Monday, with indexes hovering near record levels as concerns about a correction cut earlier gains that had been prompted by news about a flurry of acquisitions. The … Continue reading

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S.Africa’s Vodacom FY earnings up 23 pct on Africa units

By Iain Rogers MADRID, May 18 (Reuters) – Real Madrid and Jose Mourinho were sifting through the debris of what the Portuguese coach termed a “disastrous” 2012-13 campaign after Friday’s King’s Cup final defeat left the world’s richest club without … Continue reading

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Mahindra gains on earnings hopes of Korea unit

By Iain Rogers MADRID, May 18 (Reuters) – Real Madrid and Jose Mourinho were sifting through the debris of what the Portuguese coach termed a “disastrous” 2012-13 campaign after Friday’s King’s Cup final defeat left the world’s richest club without … Continue reading

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