Financial News Stories
TORONTO (Reuters) – Canadian National Railway Co reported higher third-quarter earnings on Tuesday as revenue jumped on higher freight volumes. The biggest Canadian railroad moved 1.5 million carloads of freight in the quarter to Sept. 30, up 11 percent from … Continue reading
By Nick Brown and Noel Randewich (Reuters) – Apple and GT Advanced Technologies Inc struck an agreement on Tuesday that will let GT begin the shutdown of key Arizona operations, and shed some more light on why the former stock … Continue reading
By Yasmeen Abutaleb NEW YORK (Reuters) – U.S. stocks rallied on Tuesday, with the SP 500 notching a fourth straight session of gains boosted by strong corporate results, including Apple’s. The SP 500 and Dow Jones were up more than … Continue reading
* ASX 200 gains for seventh session, longest winning streaksince July * 162 shares higher, 27 shares lower, 10 shares unchanged (Adds analysis, quotes, stocks on the move) By Thuy Ong and Naomi Tajitsu SYDNEY/WELLINGTON, Oct 22 (Reuters) – Australian … Continue reading
By Alexei Oreskovic SAN FRANCISCO (Reuters) – Yahoo Inc (YHOO.O) reported a modest increase in revenue during the third quarter, exceeding lacklustre Wall Street targets, as the Internet company’s online display advertising business continued to struggle. Shares of Yahoo rose … Continue reading
For years, IBM’s leaders didn’t take strategy lessons. They gave lessons, as the company’s strategy served as an example for others to follow. But with sales stagnating lately, it may be time for company leaders to get a strategy lesson … Continue reading
The high-yield market is in a bubble, according to Carl Icahn . Speaking with CNBC’s “ Fast Money ,” the activist investor revealed his thoughts on high-yield bonds, and the stock market. Icahn, who heads Icahn Enterprises, admitted he is … Continue reading
Tuesday was yet another amazing day for the bulls, marking the best day for the SP 500 (^GSPC) (.SPX) since October 2013. With this magnificent day, Jim Cramer thinks that at the first sniff of a market pullback, some serious … Continue reading
By Paul Sandle LONDON (Reuters) – British chipmaker ARM Holdings’ predictions of improving smartphone demand and strengthening royalty growth met with a cool stock market response after it fell short of third-quarter revenue expectations on Tuesday. The company that provides … Continue reading
Asian markets were mixed Tuesday as data showing China’s economy growing at its slowest pace in five years offset another positive lead from Wall Street. After the wild swings of last week that were fuelled by global growth fears, Monday’s … Continue reading
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