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  • Wall Street fell as Boeing Co and Biogen Idec tumbled after their results disappointed investors, the two biggest drags on the S&P 500.. The retreat on Wall Street pulled MSCI's gauge of global equity performance lower, but European stocks closed higher, largely driven by earnings. GlaxoSmithKline rose 2.6 percent in London after saying it expects an Ebola...

  • NEW YORK, Oct 22- U.S. stocks turned lower in afternoon trading on Wednesday, with major indexes erasing earlier gains as a shooting at the Canadian parliament unnerved investors and Boeing and Biogen sold off following results. Market benchmarks began drifting lower in late morning after a gunman fatally wounded a soldier in Ottawa, the Canadian capital, and...

  • US STOCKS-Wall St turns lower as Boeing, Biogen weigh Wednesday, 22 Oct 2014 | 1:06 PM ET

    *Broadcom and Yahoo rally after results. NEW YORK, Oct 22- U.S. stocks turned lower in afternoon trading on Wednesday, with major indexes erasing earlier gains as both Boeing and Biogen sold off following their results. Biogen Idec was the biggest drag on the S&P 500, falling 7 percent to $303.88 after the company reported sales of its big-selling new multiple...

  • General Dynamics Corp shares were up 3 percent at $127.60 in early afternoon after the maker of tanks, ships and business jets reported that quarterly net profit rose 6.4 percent to $694 million, or $2.05 per share, and raised its earnings forecast by 25 cents a share. Northrop posted a 5 percent drop in net earnings to $473 million, or $2.26 per share, from $497...

  • US STOCKS-S&P 500 on track for best 5-day rally since 2011 Wednesday, 22 Oct 2014 | 12:21 PM ET

    *Results from Broadcom and Yahoo lift tech shares. Tech names were among the biggest advancers a day after both Yahoo Inc and Broadcom beat revenue expectations. Broadcom shares climbed 6.9 percent to $39.90 while Yahoo was up 5.3 percent at $42.34; the two made up the S&P 500' s top percentage gainers.

  • Both Yahoo Inc and Broadcom beat revenue expectations late Tuesday, putting the benchmark S&P 500 on track for its biggest five-day rally since December 2011. Yahoo rose 5.9 percent, Broadcom jumped 6.8 percent and GlaxoSmithKline rose 3.6 percent in London after saying it expects a vaccine against Ebola to be ready later this year. Both Yahoo and Broadcom...

  • *Libyan official calls for OPEC output cut. "The large crude oil build is the dominant feature of the report, making it bearish overall," said John Kilduff, partner at Again Capital LLC in New York. Brent has tumbled from $115 in June on abundant supply and concerns that slowing economic growth in Europe and China would hit oil demand.

  • US STOCKS-Earnings lift Wall St for 5th straight day Wednesday, 22 Oct 2014 | 11:15 AM ET

    *Results from Broadcom and Yahoo lift tech shares. Tech names were among the market's biggest advancers a day after both Yahoo Inc and Broadcom beat revenue expectations. Broadcom shares climbed 7.2 percent to $40.01 while Yahoo was up 5.7 percent at $42.47; the two made up the S&P 500' s top percentage gainers.

  • Oct 22- Biogen Idec Inc on Wednesday reported sales of its big-selling new multiple sclerosis drug, Tecfidera, that fell short of Wall Street's lofty expectations, and the company confirmed a serious brain infection in a patient who took the oral medication, sending its shares about 8 percent lower. Shares of the U.S. biotechnology firm fell $24.29 to $302.48 on...

  • NEW YORK, Oct 22- U.S. The U.S. Labor Department said its Consumer Price Index, the government's broadest inflation gauge, edged up 0.1 percent last month after falling 0.2 percent in August. "Given the anxious environment we are in, this report came as a bit of a balm," said Com Crocker, managing director of government and agency securities trading at Mesirow Financial...

  • US STOCKS-Wall St on track for 5th straight daily gain Wednesday, 22 Oct 2014 | 10:19 AM ET

    Late Tuesday, both Yahoo Inc and Broadcom beat revenue expectations, and the stocks were the S&P 500' s two biggest advancers. Broadcom climbed 7 percent to $39.95 while Yahoo was up 6.4 percent at $42.77. Dow Chemical rose 1.6 percent to $48.98 after its results, helping to lift material stocks 0.6 percent.

  • *Apple rallies, lifting S&P 500 and Nasdaq. NEW YORK, Oct 21- U.S. stocks rallied on Tuesday, with the S&P 500 notching a fourth straight session of gains boosted by strong corporate results, including Apple's. "That is allowing the market to breathe a little sigh of relief," said Kevin Caron, market strategist at Stifel, Nicolaus& Co in Florham Park, New Jersey.

  • NEW YORK, Oct 21- The euro fell sharply against the dollar on Tuesday after Reuters reported the European Central Bank was looking at buying corporate bonds as soon as December in its efforts to revive the stagnating euro zone economy. "Headlines on the market today about the ECB potentially buying corporate bonds has reinvigorated attention on the downside...

  • *China Q3 growth slowest since 2009 but less weak vs forecast. NEW YORK, Oct 21- U.S. Treasuries prices fell on Tuesday as less worrisome data on China and a report on the European Central Bank possibly moving to buy regional corporate bonds allayed some concerns about the global economy and reduced safe-haven bids for low-risk government debt.

  • Oct 21- Apollo Education Group Inc said it expects new student enrollments at its flagship University of Phoenix to decline at a smaller rate in the coming year, offering hope that the worst is over for the beleagured U.S. for-profit education industry. Apollo's shares rose as much as 6 percent to their highest in over a month after the company said sign-ups at the...

  • *Apple rallies, lifting S&P 500 and Nasdaq. NEW YORK, Oct 21- U.S. stocks rallied on Tuesday, with the S&P 500 on track for a fourth straight session of gains as Apple and Texas Instruments jumped following their results. Apple Inc rose 2.4 percent to $102.20 in heavy trading a day after revenue topped expectations, helped by strong sales of its iPhone line.

  • *Wall Street higher on Apple, Texas Instruments results. A rally in shares of Apple Inc and Texas Instruments Inc after stronger-than-expected quarterly earnings reports lifted the tech-heavy Nasdaq index over 1 percent and helped put the S&P 500 on track for a fourth straight session of gains, while European shares gained on a Reuters report that the ECB was...

  • NEW YORK, Oct 21- The euro fell sharply against the dollar on Tuesday after Reuters reported the European Central Bank was looking at buying corporate bonds as soon as December in its efforts to revive the stagnating euro zone economy. "Headlines on the market today about the ECB potentially buying corporate bonds has reinvigorated attention on the downside...

  • NEW YORK, Oct 21- U.S. stocks rose on Tuesday, with the S&P 500 on track for a fourth straight session of gains as Apple and Texas Instruments rallied after their results. Apple Inc rose 2.3 percent to $102 in heavy trading a day after revenue topped expectations, helped by strong sales of its iPhone line. Any fund manager who is underweight on Apple is probably...

  • *China Q3 growth slowest since 2009 but less weak vs forecast. Treasuries prices fell on Tuesday as less worrisome data on China and a report on the European Central Bank possibly moving to buy regional corporate bonds allayed some concerns about the global economy and reduced safe-haven bids for low-risk government debt. The ECB story catapulted us down from...