Market News Stories
NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Visa Inc., up $21.99 to $236.65 The world’s largest processor of debit and credit card payments … Continue reading
* Nikkei report on GPIF allocation changes gives stockssupport * Visa (Xetra: A0NC7B – news) , MasterCard rally after results * Third-quarter GDP tops expectations * Indexes up: Dow 1.3 pct, SP 500 0.6 pct, Nasdaq 0.4 pct By Rodrigo … Continue reading
By Yasmeen Abutaleb NEW YORK (Reuters) – The dollar surged to a three-week high and government bond yields rose on Thursday, one day after the U.S. Federal Reserve took a more hawkish tone in its assessment of the economy as … Continue reading
SEATTLE (AP) — Starbucks on Thursday reported higher sales for its fiscal fourth quarter but the results missed Wall Street expectations and shares of the coffee chain declined. The Seattle-based company said global sales at established locations rose 5 percent, … Continue reading
By Soham Chatterjee (Reuters) – GoPro Inc (GPRO.O) reported a better-than-expected quarterly profit and revenue, driven by strong demand for its wearable cameras, which are used by surfers, skydivers and other action junkies. The company’s shares rose 6.7 percent in … Continue reading
View photo . Getty Images/Mandel Ngan LinkedIn CEO Jeff Weiner LinkedIn reported earnings that were ahead of expectations. The stock fell initially, but then bounced back. At last check, it was basically flat. Here are the major numbers: EPS: $0.52 versus … Continue reading
(Reuters) – Starbucks Corp (SBUX.O) on Thursday reported sales at established cafes in its U.S.-dominated Americas region that missed Wall Street expectations in the latest quarter, despite the early return of the popular Pumpkin Spice latte. The world’s biggest coffee … Continue reading
(Reuters) – Citigroup Inc (C.N) said it was setting aside an extra $600 million to cover legal expenses in the third quarter due to “rapidly evolving regulatory inquiries.” The bank’s shares fell in extended trading after it revised down its … Continue reading
(Reuters) – Corporate networking site LinkedIn Corp (LNKD.N) reported a 45 percent rise in quarterly revenue as more businesses used its services to hire staff. The company’s net loss attributable to stockholders widened to $4.3 million, or 3 cents per … Continue reading
WASHINGTON (Reuters) – A smaller trade deficit and surge in defense spending buoyed U.S. economic growth in the third quarter, but domestic demand slipped, hinting at some loss of momentum. Gross domestic product grew at a 3.5 percent annual pace, … Continue reading
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