Market News Stories
By Angeliki Koutantou and Lefteris Papadimas ATHENS (Reuters) – The Greek stock market will reopen on Wednesday or Thursday after a month-long shutdown but with restrictions on trading by local investors at the request of the European Central Bank, the … Continue reading
By Yasmeen Abutaleb SAN FRANCISCO (Reuters) – Critics have long lamented that Twitter Inc is difficult to use and has had trouble defining itself, which is why it has not expanded its audience. Add interim chief executive Jack Dorsey and … Continue reading
Hong Kong (AFP) – Most Asia shares rose Wednesday as calm returned to global markets after a heavy sell-off at the start of the week, with investors taking a cue from a rally on Wall Street ahead of a key … Continue reading
By Pete Sweeney SHANGHAI (Reuters) – Chinese shares fell for a fourth consecutive day on Wednesday, but the declines were modest as Beijing’s efforts to prop up values appeared to have brought a measure of stability to its unruly stock … Continue reading
NEW YORK (Reuters) – Leon Cooperman, chief executive of hedge fund Omega Advisors, said on Tuesday that he would not buy energy shares aggressively given the current situation in China. “I would not want to be buying aggressively into oil. … Continue reading
By Renee Maltezou and Francesco Guarascio ATHENS/BRUSSELS (Reuters) – Conflicting statements and denials flew between Athens and Brussels on Tuesday in a war of nerves highlighting the depth of mutual mistrust over a new round of negotiations on an 86 … Continue reading
By Richard Leong and Chuck Mikolajczak NEW YORK (Reuters) – U.S. consumer confidence suffered its biggest blow in four years in July on a less upbeat jobs outlook, while home appreciation in major cities stalled in May, suggesting a spring … Continue reading
Procter Gamble Co veteran David Taylor will replace A.G. Lafley as chief executive in a widely expected move that coincides with a massive overhaul at the world’s largest household products maker. Taylor’s appointment is effective Nov. 1, and on the … Continue reading
ConAgra Foods Inc (CAG.N) has started talks with TreeHouse Foods Inc (THS.N) and Post Holdings Inc (POST.N) regarding the sale of its private label unit Ralcorp, which could be valued at around $3.5 billion, according to people familiar with the … Continue reading
Yelp Inc (YELP.N), the operator of consumer review website Yelp.com, reported a surprise loss and forecast revenue for the current quarter that fell far below market expectations, sending its shares plummeting in after-hours trading on Tuesday. The company also reported … Continue reading
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