Market News Stories
By Deepa Seetharaman and Ross Kerber SAN FRANCISCO/BOSTON (Reuters) – Amazon.com Inc’s (AMZN.O) once fairy-tale ride on Wall Street has hit its most jarring bump yet. The company that for years enthralled investors with improbable growth and earned one of … Continue reading
(Reuters) – Consumer advocate Ralph Nader sent a letter to Apple Inc Chief Executive Officer Tim Cook urging the company to reduce its spending on share buybacks and use the money to raise wages, the Wall Street Journal reported on … Continue reading
By Deepa Seetharaman and Ross Kerber SAN FRANCISCO/BOSTON (Reuters) – Amazon.com Inc’s once fairy-tale ride on Wall Street has hit its most jarring bump yet. The company that for years enthralled investors with improbable growth and earned one of the … Continue reading
REUTERS – Consumer advocate Ralph Nader sent a letter to Apple Inc Chief Executive Officer Tim Cook urging the company to reduce its spending on share buybacks and use the money to raise wages, the Wall Street Journal reported on … Continue reading
There is no magic formula for predicting the stock market, no lodestar signal that can tell you when it’s better to be in or out. But there are important relationships among interest rates, risk appetites and market performance that stay … Continue reading
By Alexei Oreskovic SAN FRANCISCO (Reuters) – Google Inc Chief Executive Officer Larry Page has put Sundar Pichai, one of his key lieutenants, in charge of the Internet company’s products. The India-born executive will have oversight over products such as … Continue reading
Thursday night the world learned that a doctor in New York City has been diagnosed with Ebola after spending time in West Africa. The news immediately caused the index futures to take a nose dive. However, it seems as though … Continue reading
These days, virtually any underperforming company can come under attack from an activist investor. Could Amazon (AMZN) be the next big target? That was a question raised by some hedge funds that CNBC.com spoke to after the e-commerce company posted … Continue reading
DETROIT (Reuters) – Ford Motor Co’s (F.N) new chief executive, Mark Fields, is giving the automaker’s long-moribund Lincoln brand what his predecessor Alan Mulally never could: a little love and a lot of cash. Lincoln, a storied Detroit brand which … Continue reading
NEW YORK (Reuters) – Fannie Mae (FNMA.OB) has reached a $170 million settlement of a lawsuit accusing it of misleading shareholders about its finances, risk management and mortgage exposure before it was seized by the U.S. government during the 2008 … Continue reading
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