Author Archives: Editor - Stock Markets News

World stocks extend slump on Wall Street sell-off

HONG KONG (AP) — World stock markets sank on Friday, with European benchmarks opening sharply lower after Wall Street’s sharp sell-off. Asian stock markets posted modest losses as strong reports on China’s economy countered some of the pessimism. KEEPING SCORE: … Continue reading

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World stocks fall, dollar up before U.S. jobs data

By Francesco Canepa LONDON (Reuters) – Global shares fell on Friday and the euro eased against the dollar, hit by weak euro zone manufacturing data and nerves ahead of a key U.S. jobs report. While encouraging for the global economy … Continue reading

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FTSE hit by falls at banks and miners

By Sudip Kar-Gupta LONDON (Reuters) – Britain’s top equity index fell to a three-week low on Friday, with banks and miners underperforming, as jitters ahead of U.S. data that could provide hints about the timing of a rate hike weighed … Continue reading

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Europe’s investment banks resilient in retreat

By Steve Slater LONDON (Reuters) – Europe’s investment banks are giving Wall Street a run for its money despite shrinking their trading arms more aggressively than U.S. rivals. Buoyant equity markets and a surge in corporate debt issues have caused … Continue reading

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Sony and Yum Brands are big market movers

NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE 3D Systems Corp., down $5.94 to $50.13 The three-dimensional printing company reported a drop in quarterly … Continue reading

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Shares down as Wall Street tumbles; Dollar adds to monthly gain

By Angela Moon NEW YORK (Reuters) – Global equity markets tumbled on Thursday, hurt by ongoing tensions with Russia and Argentina’s second default in 12 years, while the U.S. dollar edged higher against a basket of major currencies for its … Continue reading

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ConocoPhillips profit slightly higher; output rises

By Anna Driver (Reuters) – ConocoPhillips , the largest U.S. independent oil and gas company, on Thursday reported a quarterly profit that just beat Wall Street expectations, helped by a bigger-than-expected increase in oil and gas production. ConocoPhillips, like many … Continue reading

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US STOCKS-S&P 500 posts worst day since April; indexes down for month

* Fears over earlier Fed rate hike spur selling * Investors fret over Argentina default fallout, Russiatensions * Exxon falls after results * Labor costs post largest gain in more than 5-1/2 years * Dow down 1.9 pct, SP 2 … Continue reading

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Thomas Cook earnings rise for eighth straight quarter

Company Earnings Finance Article source: Article Source

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Shell Q2 earnings rise 33 pct, beat forecasts

(Adds comparison with forecasts, further details, CEO quote) LONDON, July 31 (Reuters) – Royal Dutch Shell Plc reported a 33 percent increase in quarterly earnings onThursday, beating analyst forecasts, after producing moreliquids and selling at higher prices. The Anglo-Dutch oil … Continue reading

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