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Financial News Stories

Pullback on FTSE deepens as HSBC declines

Written on May 25, 2013 by Editor - Stock Markets News

(Reuters) – A magnitude 5.7 earthquake struck Northern California on Thursday, according to the U.S. Geological Survey. The epicenter of the quake was 6 miles northwest of the town of Greenville, and near the smaller community of Canyondam, the USGS … Continue reading →

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Stocks head lower, market on track for weekly loss

Written on May 25, 2013 by Editor - Stock Markets News

NEW YORK (AP) — The stock market headed slightly lower Friday, keeping on track for its first weekly loss in a month. The Standard Poor’s 500 index was down three points at 1,647, a slip of 0.2 percent, as of … Continue reading →

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Oil ends week down 2 pct on tepid demand outlook

Written on May 25, 2013 by Editor - Stock Markets News

NEW YORK (AP) — The price of oil fell 2 percent this week, as oil traders worried about global demand and shared the stock market‘s concerns about possible changes to the Federal Reserve economic stimulus program. The loss Friday was … Continue reading →

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Stocks fade, post first weekly loss in a month

Written on May 25, 2013 by Editor - Stock Markets News

NEW YORK (AP) — Stocks prices are closing mostly lower on Wall Street, giving the market its first weekly loss in a month. The Dow Jones industrial average edged up eight points to 15,303 Friday, a gain of 0.1 percent. … Continue reading →

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Wall Street posts first weekly loss since mid-April on Fed angst

Written on May 25, 2013 by Editor - Stock Markets News

By Angela Moon NEW YORK (Reuters) – The SP 500 declined for a third day on Friday, with the three major stock indexes posting their first negative week since mid-April on lingering concern that the central bank may scale back … Continue reading →

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Stimulus fears haunt world stocks, dollar recovers

Written on May 25, 2013 by Editor - Stock Markets News

By Herbert Lash NEW YORK (Reuters) – Global equity markets slipped on Friday over worries the U.S. Federal Reserve may curb a stimulus program that has lifted stocks, while the dollar recovered against the euro after better-than-expected U.S. durable goods … Continue reading →

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Metals and agricultural futures prices slip

Written on May 25, 2013 by Editor - Stock Markets News

Metals prices ended slightly lower Friday, as did agricultural futures. Crude oil ended the week down 2 percent as traders worried about global demand and shared the stock market’s concerns about possible changes to the Federal Reserve economic stimulus program. … Continue reading →

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PM asks SEBI to take steps to eliminate stock market insider trading

Written on May 25, 2013 by Editor - Stock Markets News

(Reuters) – A magnitude 5.7 earthquake struck Northern California on Thursday, according to the U.S. Geological Survey. The epicenter of the quake was 6 miles northwest of the town of Greenville, and near the smaller community of Canyondam, the USGS … Continue reading →

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Yahoo joins growing list of bidders for Hulu: sources

Written on May 25, 2013 by Editor - Finance Top Stories

By Ronald Grover and Greg Roumeliotis LOS ANGELES/NEW YORK (Reuters) – Yahoo Inc has submitted a formal proposal to buy Hulu, joining a growing list of bidders for the video service owned by News Corp and Walt Disney Co, two … Continue reading →

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Seattle’s Best Bets on America’s Car Culture

Written on May 25, 2013 by Editor - Finance Top Stories

Seattle’s Best Coffee is making a bet on car-dependent commuters in Dallas-Fort Worth, opening 10 small stores around the metro area that combine drive-through and walk-up windows, while forgoing interior seating for patrons. Previously, it had only one such store, … Continue reading →

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Financial News

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