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Husky, Cenovus note impact of low crude prices on earnings

The first of the Canadian oilsands producers are noting the impact of a lower price for oil and increased development costs for new projects as they report third-quarter earnings. Husky Energy Inc. and Cenovus Energy Inc. reported increased earnings Thursday, … Continue reading

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Global stocks jump on U.S. corporate results, bonds fall

By Herbert Lash NEW YORK (Reuters) – Global equity markets rose on Thursday, with stocks on Wall Street climbing more than 1 percent as U.S. corporate earnings continued to beat expectations, while government debt prices slid on stronger American and … Continue reading

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Stocks jump on U.S. corporate results, bonds fall

By Herbert Lash NEW YORK (Reuters) – Global equity markets rose on Thursday, with stocks on Wall Street climbing more than 1 percent as U.S. corporate earnings continued to beat expectations, while government debt prices slid on stronger American and … Continue reading

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Amazon says stronger dollar to clip fourth-quarter growth by 2.5 percentage points

By Deepa Seetharaman SAN FRANCISCO (Reuters) – Amazon.com Inc’s Chief Financial Officer Tom Szkutak estimated on Thursday that the strengthening dollar will curtail its holiday quarter revenue growth by 2.5 percentage points. On Thursday, the company forecast sales growth of … Continue reading

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Takata shares drop on report of US air bag probe

Tokyo (AFP) – Shares in Japanese auto parts maker Takata sank 5.57 percent Thursday morning following on a report that US justice officials are investigating the firm over an air bag defect that may have killed several drivers. The firm … Continue reading

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MIDEAST STOCKS-Global retreat may undermine region’s rebound

DUBAI, Oct 23 (Reuters) – A fresh decline in U.S. and Asian equities and global oil prices may take the steam out of Middle Eastern stock markets’ rally on Thursday, offsetting the positive effect of generally strong earnings reported this … Continue reading

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Gold steadies above $1,240 as Asian equities slide

By A. Ananthalakshmi SINGAPORE (Reuters) – Gold steadied above $1,240 an ounce on Thursday as Asian stock markets weakened, but caution prevailed as the dollar hovered near one-week highs and outflows from bullion funds continued. Asian shares sagged after a … Continue reading

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BUZZ-European earnings watch: movers & shakers

** Some big moves in early European trading followingcorporate result announcements despite flat to lower moves onthe benchmarks. ** Unilever (NYSE: UL – news) seen down 3 pct following weak Q3 salesas EM continues to slow. ** Nokia bounces 5.2 … Continue reading

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Shares rally on corporate results, bond prices fall

By Herbert Lash NEW YORK (Reuters) – Global equity markets edged higher on Wednesday, lifted by a raft of solid corporate results and benign U.S. inflation data that may encourage the Federal Reserve to keep interest rates lower for longer. … Continue reading

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Wall St turns lower as Boeing, Biogen weigh

By Ryan Vlastelica NEW YORK (Reuters) – U.S. stocks rose on Wednesday, with the SP 500 up for a fifth straight day as technology companies rallied on strong results, though weakness in Boeing weighed on the Dow. With the session’s … Continue reading

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