Home » Posts Tagged "Stock Market News"

Stock Market News Stories

Wall Street set to open higher on hopes of Greece deal

By Sweta Singh REUTERS – Wall Street was set to open higher on Tuesday, a day after the Dow and the SP 500 registered their worst session since October, as investors hoped Greece would strike a last-minute deal to avoid … Continue reading

Filed under Stock Market News | Tagged , , , , , |

India’s InterGlobe Aviation, operator of IndiGo, files for IPO

MUMBAI (Reuters) – India’s InterGlobe Aviation Ltd, which operates the country’s biggest airline IndiGo, on Tuesday filed a draft prospectus for an initial public offering to list on the domestic stock market. InterGlobe Aviation said in a statement the initial … Continue reading

Filed under Stock Market News | Tagged , , , , , |

South Africa’s Assore expects FY earnings drop on weaker prices

JOHANNESBURG (Reuters) – South African iron ore and manganese producer Assore said on Tuesday its full year earnings are expected to be up to two thirds lower after the dollar prices for its commodities fell during the period. Earnings will … Continue reading

Filed under Stock Market News | Tagged , , , , , |

Wall Street opens higher on Greek deal hopes

REUTERS – U.S. stocks opened higher on Tuesday on hopes of a last-minute deal to avoid Greece’s exit from the euro zone. The Dow Jones industrial average rose 83.46 points, or 0.47 percent, to 17,679.81, the SP 500 gained 12.25 … Continue reading

Filed under Stock Market News | Tagged , , , , , |

Wall Street falls as Grexit fears grow, volatility spikes

By Sweta Singh (Reuters) – U.S. stocks extended their losses in heavy trading on Monday, adding to a global selloff, after a collapse in Greek bailout talks intensified fears that the country could be the first to exit the euro … Continue reading

Filed under Stock Market News | Tagged , , , , , |

Greek financial crisis: what you need to know

The financial chaos in Greece reached a new peak Monday, with long lineups at cash machines, protests involving burning euros and a sagging global stock market.  At one point, as part of an angry war of words between some of the main … Continue reading

Filed under Stock Market News | Tagged , , , , , |

S&P lowers Greece sovereign credit rating

(Reuters) – Standard Poor’s Ratings Services lowered its sovereign rating on Greece to ‘CCC minus’ from ‘CCC’, saying the probability of Greece exiting the eurozone was now about 50 percent. Greece’s bailout talks with lenders collapsed over the weekend, intensifying … Continue reading

Filed under Stock Market News | Tagged , , , , , |

N.Y. financier ordered to pay ex-employee $18 mln in harassment case

By Joseph Ax NEW YORK (Reuters) – A federal jury on Monday ordered the chief executive officer of a Manhattan investment firm to pay $18 million to a former employee for sexual harassment and defamation. Benjamin Wey, who runs New … Continue reading

Filed under Stock Market News | Tagged , , , , , |

MIDEAST STOCKS-Kuwait edges down after militant attack

DUBAI, June 28 (Reuters) – Kuwait’s stock market edged down early on Sunday after a suicide bomber killed 27 people at a Shi’ite Muslim mosque at the weekend, the first attack of its kind in the country. The main index … Continue reading

Filed under Stock Market News | Tagged , , , , , |

China’s easing may prop up stocks, but risks rewarding speculators

By Pete Sweeney SHANGHAI (Reuters) – China’s monetary easing at the weekend was aimed at stopping a stock market stampede, but has some economists worried that policy is being used to prop up an equity rally that was not based … Continue reading

Filed under Stock Market News | Tagged , , , , , |