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Finance news Stories

Dow, S&P end at records in fourth straight day of gains for Wall St

By Ryan Vlastelica NEW YORK (Reuters) – U.S. stocks rose for a fourth straight session on Monday, with both the Dow and SP 500 ending at records as large-cap technology shares gained and offset continued weakness in energy names. Major … Continue reading

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Russia’s economic woes could hurt SocGen profitability targets

(Reuters) – French bank Societe Generale might have to push back its profitability targets in Russia by several years, because of that country’s economic troubles, the Wall Street Journal reported, citing sources. SocGen has no plans to leave Russia, which … Continue reading

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Asian markets heartened by Wall Street high, dollar in demand

By Wayne Cole SYDNEY (Reuters) – Asian markets should be well underpinned on Tuesday after Wall Street closed at historic highs while oil prices suffered a vicious setback after Saudi Arabia quashed all thought of cutting supply. The revival in … Continue reading

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Asia heartened by Wall Street high, dollar in demand

By Wayne Cole SYDNEY (Reuters) – Asian markets should be well underpinned on Tuesday after Wall Street closed at historic highs while oil prices suffered a vicious setback after Saudi Arabia quashed all thought of cutting supply. The revival in … Continue reading

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Oil companies seen cutting spending 25 percent in 2015 due to falling crude

HOUSTON (Reuters) – Plunging oil prices will prompt energy companies to cut investments in new projects by 25 percent or more in 2015, analysts said over the past week, as firms try to stay cash-flow positive and keep debt in … Continue reading

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S&P 500 logs fresh record closing high as tech stocks jump

By Ryan Vlastelica NEW YORK (Reuters) – U.S. stocks rose for a fourth straight session on Monday, with both the Dow and SP 500 ending at records as large-cap technology shares gained and offset continued weakness in energy names. Major … Continue reading

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Peck: Good chance Costolo leaves Twitter 2015

Now watching   Next video starts in : 7 Play Peck: Good chance Costolo leaves Twitter 2015 Up next Yawn. Another new high    Article source: Article Source

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Oil slides after Saudi’s Naimi says OPEC won’t cut output

By Barani Krishnan NEW YORK (Reuters) – Oil prices resumed their downward march on Monday, doubling back on the biggest one-day gain in over two years, after Saudi Arabia’s powerful oil minister said OPEC would not cut production at any … Continue reading

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Xiaomi raising over $1 billion from investors including GIC: source

SINGAPORE/SHANGHAI (Reuters) – China’s Xiaomi [XTC.UL] is raising over $1 billion from investors including Singapore sovereign wealth fund GIC that would value the smartphone maker at over $45 billion, a person familiar with the deal said. The fund raising was … Continue reading

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Xiaomi raising over $1 billion from investors including GIC: source

SINGAPORE/SHANGHAI (Reuters) – China’s Xiaomi [XTC.UL] is raising over $1 billion from investors including Singapore sovereign wealth fund GIC that would value the smartphone maker at over $45 billion, a person familiar with the deal said. The fund raising was … Continue reading

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Finance News

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