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Stock Market News Stories

Stock Market Bulls Need to Step Up — or Else

Stocks bounced off a key support level on Thursday in an attempt to put an end to three consecutive days of losses. The attempted rally failed, though, leaving the SP 500 lower for the fourth straight session. The stakes for … Continue reading

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US stock market opens higher, breaking a 4-day slump

NEW YORK (AP) — U.S. stocks are opening modestly higher after four losing days. Cruise operator Carnival jumped 6 percent in early trading Friday after reporting income that was far higher than Wall Street analysts were expecting. The Dow Jones … Continue reading

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Carnival buoyed by first-quarter and hoists earnings guidance

LONDON (ShareCast) – Buoyed by strong first-quarter results, dual-listed cruise ship operator Carnival (LSE: CCL.L – news) has set off full steam ahead in 2015, hoisting its guidance for full year earnings.The FTSE 100 and SP 500 company drove net … Continue reading

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N.Y. broker-dealer execs get prison time for Venezuelan bribe scheme

By Nate Raymond NEW YORK (Reuters) – Two former executives of a defunct Wall Street broker-dealer were sentenced to prison on Friday for participating in a scheme to pay $5 million in bribes to an official at a Venezuelan state … Continue reading

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Fed weighs insurers’ proposal for new capital rules

By Douwe Miedema WASHINGTON (Reuters) – The U.S. Federal Reserve is considering a proposal from life insurers that could delay the implementation of a costly nationwide capital framework for the $1 trillion industry, according to records of a recent meeting … Continue reading

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Chipmaker deal helps Wall St. rebound, oil slumps anew

By Michael Connor NEW YORK (Reuters) – Wall Street on Friday closed higher for the first time in a week, lifted by rising tech stocks, while oil prices slumped 5 percent on receding fears about Middle East fighting disrupting supplies. … Continue reading

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Stocks close with slight gains, but still end the week lower

NEW YORK (AP) — A tough week on the stock market ended quietly Friday. Major indexes notched modest gains, not nearly enough to make up for the four previous days of losses. It wound up being the second-worst week for … Continue reading

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Former Yahoo CFO on Pao trial: Most women I know, including me, face sexism at work

View photo . Wikimedia Commons Sue Decker, a former Yahoo exec and Wall Street analyst, says she’s been “obsessed” with the Ellen Pao trial. Decker’s storied career, which included being CFO during Yahoo’s heyday, has turned her into a Valley … Continue reading

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Russia’s NLMK sees flat Q1 after Q4 earnings fall

(Adds details, quotes, context) MOSCOW, March 27 (Reuters) – Russian steelmaker NLMK expects profitability to be flat in the first quartercompared with the fourth quarter of 2014, when its earnings werehit by lower steel prices and an impairment charge related … Continue reading

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Japan game developer Gumi to cut jobs, sell assets 3 months after IPO

By Tomo Uetake TOKYO (Reuters) – Just over three months after raising hundreds of millions of dollars in a stock market listing, Japanese mobile game developer Gumi Inc plans to cut 10 percent of its workforce and sell assets as … Continue reading

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