Author Archives: Editor - Stock Markets News

Boeing reports 4Q profit of $1.47 billion on airplane sales

CHICAGO (AP) — Demand for commercial airliners boosted Boeing Co.’s fourth-quarter profit by 19 percent, topping Wall Street expectations by a wide margin and offsetting weakness in the defense business. Boeing offered a muted outlook for 2015, however. Falling oil … Continue reading

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Stocks rise at midday after strong Apple, Boeing results

NEW YORK (AP) — The U.S. stock market is rising slightly at midday as investors wait for the Federal Reserve’s latest policy statement. The Dow Jones industrial average rose 55 points, or 0.3 percent, to 17,442 as of 12:02 p.m. … Continue reading

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Apple, Boeing keep Wall St afloat; energy weighs

By Rodrigo Campos NEW YORK (Reuters) – U.S. stocks were buoyed on Wednesday by earnings including Apple and Boeing, but a sharp drop in energy shares cut into gains, leaving indexes little changed. The Federal Reserve’s first two-day policy meeting … Continue reading

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Petrobras reports earnings without graft writedowns despite delays

By Jeb Blount and Marta Nogueira RIO DE JANEIRO (Reuters) – Brazil’s Petrobras released delayed unaudited third-quarter results on Wednesday, but the state-run oil company’s shares slumped as it left investors in the dark over the financial impact of a … Continue reading

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Western Digital’s second-quarter results beat Street on strong enterprise growth

By Sai Sachin R (Reuters) – Western Digital Corp, the world’s No. 1 hard-disk drive maker, reported second-quarter results slightly ahead of Wall Street expectations on strong demand for its solid-state drives from enterprise customers. Shares of the company rose … Continue reading

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China stock regulators intensify scrutiny of insider share sales

SHANGHAI (Reuters) – Chinese securities regulators are intensifying their scrutiny of share sales by insiders at listed companies, state media reported, as Beijing tightens its grip on a stock market rally which some fear is being twisted by market manipulation. … Continue reading

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Shares wilt, dollar nervous before Fed outcome; Apple outperforms

By Wayne Cole and Hideyuki Sano SYDNEY/TOKYO (Reuters) – Asian stock markets followed Wall Street into the red on Wednesday, while the dollar was on edge following speculation the Federal Reserve could take a dovish turn in its post-meeting statement … Continue reading

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Asian stocks tumble after weak US corporate earnings

U.S. stocks slumped Tuesday after some of the market’s largest companies reported disappointing earnings, taking investors on a turbulent ride that deepened the losses for the year. The companies that rattled the market included Microsoft, Caterpillar and Procter Gamble. Some … Continue reading

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S&P downgrades Russia’s sovereign credit rating to “junk”

By Thomas Grove and Darya Korsunskaya MOSCOW (Reuters) – Ratings agency SP cut Russia’s sovereign credit rating to junk status on Monday, bringing it below investment grade for the first time in a decade. Warning of difficult times ahead for … Continue reading

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Market reaction muted after S&P drops Russia to ‘junk’

By Alexander Winning MOSCOW (Reuters) – Russian financial markets saw a muted reaction on Tuesday after ratings agency SP downgraded the country’s sovereign credit rating to ‘junk’, with the rouble strengthening and Moscow-listed shares broadly steady. Although the rouble fell … Continue reading

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