Author Archives: Editor - Stock Markets News

Wall St. rallies after Fed, energy gains; S&P 500 posts best day since 2013

By Caroline Valetkevitch NEW YORK (Reuters) – The SP 500 scored its best day since October 2013 on Wednesday as the Federal Reserve gave an upbeat assessment of the U.S. economy and said it would take a patient approach toward … Continue reading

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Oracle revenue rises 3.5 percent on strong growth in cloud

(Reuters) – Oracle Corp reported a 3.5 percent increase in quarterly revenue on Wednesday, beating Wall Street’s expectations, as sales at its closely watched cloud services business rose 45 percent. Shares of Oracles, whose report was the first since co-founder … Continue reading

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Oracle revenue rises 3.5 pct on strong growth in cloud

REUTERS – Oracle Corp reported a 3.5 percent increase in quarterly revenue on Wednesday, beating Wall Street’s expectations, as sales at its closely watched cloud services business rose 45 percent. Shares of Oracles, whose report was the first since co-founder … Continue reading

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Oracle posts stronger-than-expected Q2 earnings, revenue results

Oracle‘s last quarterly earnings announcement dropped with news of the biggest leadership shuffle in the company’s history. This quarter, things aren’t quite as dramatic down in Redwood City, Calif., but the pressure was still on given Oracle has missed revenue … Continue reading

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Solid earnings for AirAsia from Q2 2015

AIRASIA Bhd will deliver solid earnings from the second quarter of next year as the benefit of lower fuel price trickles in, said Maybank Investment Bank (Maybank IB). In its research note, Maybank IB said with fuel price and US … Continue reading

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US stocks move higher; Traders watch Fed meeting

NEW YORK (AP) — The U.S. stock market is moving higher ahead of a policy announcement from the Federal Reserve. Energy stocks rose sharply after the price of crude oil turned higher. The Dow Jones industrial average rose 152 points, … Continue reading

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FedEx misses Street 2Q forecasts, but profit jumps 23 pct

FedEx’s second-quarter earnings soared 23 percent, but the package delivery company missed Wall Street forecasts due partially to a lower-than-expected benefit from falling fuel prices. FedEx also said Wednesday that a jump in plane maintenance blunted gains the company reaped … Continue reading

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Equities gain as oil prices rebound, and safety bid eases

By Michael Connor NEW YORK (Reuters) – Global markets stabilized on Wednesday, with U.S. and European equities rebounding as a comeback in oil prices drove up energy shares. The yield on U.S. five-year Treasuries climbed to session highs as the … Continue reading

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Energy rally boosts Wall Street despite global growth woes

By Rodrigo Campos NEW YORK (Reuters) – U.S. stocks rose in a volatile Tuesday session as energy shares rallied and investors bet the Federal Reserve will be cautious in removing support in the face of a more fragile global economy. … Continue reading

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Talisman Energy and Salix are big market movers

NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Talisman Energy Inc., up $2.46 to $7.58 Spanish energy company Repsol is buying the Canadian oil … Continue reading

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