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Stock Market News Stories

Corrected

By Jennifer Ablan and Heather Struck NEW YORK (Reuters) – (Story corrects paragraph 16 to show that TheRealReal was founded in 2011, not 2012, and has 3.5 million members, not monthly users.) The Nasdaq’s March 2000 peak brought with it … Continue reading

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MIDEAST STOCKS-Strong oil supports Saudi Arabia; Egypt slips

(Updates with Saudi Arabia, Egypt open) DUBAI, April 26 (Reuters) – Saudi Arabia’s stock market rose in early trade on Sunday, supported by stronger oil prices, while Egypt’s bourse edged down. Brent crude hit a 4-1/2-month high of $65.80 on … Continue reading

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Deutsche Bank Q1 earnings fall to $610M, hurt by penalties

FRANKFURT, Germany (AP) — Deutsche Bank says net profit fell to 559 million euros ($610 million) in the first quarter as legal penalties ate into stronger revenues from trading stocks and bonds. Profits were down from 1.103 billion euros in … Continue reading

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Analysis

By John McCrank NEW YORK (Reuters) – The U.S. Securities and Exchange Commission is convening a group of financial industry veterans for the first time next month to consider stock market reforms, but one group will be conspicuously absent: retail … Continue reading

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Worldpay Owners Pick Goldman For £6bn Float

The owners of Worldpay, the UK-based payment processing group, are close to appointing bankers to prepare a stock market flotation that could value it at a staggering £6bn. Sky News has learnt that Advent International and Bain Capital, the two … Continue reading

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Stocks rise on tech earnings; Nasdaq adds to record

NEW YORK (AP) — Stocks advanced slightly Friday as investors cheered the quarterly results of three large technology companies: Google, Microsoft and Amazon. The modest gains helped close out a relatively strong week for U.S. stocks, with the three major … Continue reading

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US STOCKS-Tech triumvirate propels Nasdaq, S&P to record highs

* Amazon shares hit life high after revenue beats estimates * Xerox (Swiss: XRX.SW – news) slumps after it cuts forecast * Time Warner Cable (Xetra: T3W1.DE – news) rises; Charter seeks talks * Indexes ends up: Dow 0.12 pct, … Continue reading

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Global equities hit record highs, dollar weakens on gloomy data

By Rodrigo Campos and Herbert Lash NEW YORK (Reuters) – Equity markets worldwide climbed to record highs on Friday as solid corporate earnings and an all-time peak for the Nasdaq stock index stoked investor optimism, while the dollar eased on … Continue reading

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Equities hit record highs, dollar weakens on gloomy data

By Rodrigo Campos and Herbert Lash NEW YORK (Reuters) – Equity markets worldwide climbed to record highs on Friday as solid corporate earnings and an all-time peak for the Nasdaq stock index stoked investor optimism, while the dollar eased on … Continue reading

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Collapse of Comcast cable deal may chasten Wall Street, for a while

By Diane Bartz WASHINGTON (Reuters) – Comcast Corp’s failed bid to buy Time Warner Cable Inc is the latest muscle flex by U.S. antitrust enforcers and will likely deter chief executives from pursuing aggressive transactions as a way to spend … Continue reading

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