GO
Loading...

Companies

More

  • *Alibaba, Qualcomm shares fall after results. *Alibaba Group shares fell 6 percent in premarket trading after it posted revenue that missed Wall Street expectations. The decline took shares of Yahoo, which announced the spinoff of its Alibaba stake Wednesday, down 4.8 percent.

  • Handbag maker Coach posts better-than-expected profit Thursday, 29 Jan 2015 | 7:23 AM ET

    Jan 29- Coach Inc posted a better-than-expected quarterly profit as demand for its Poppy handbags rose in China, a key market, sending the company's shares up 9 percent in premarket trading. The company said sales in China rose 13 percent on a constant-currency basis in the second quarter ended Dec. 27. Net income fell to $183.5 million, or 66 cents per share, from...

  • LONDON, Jan 29- Royal Dutch Shell shares fell on Thursday after the oil company missed profit expectations and announced a three-year, $15 billion cut in spending reflecting a steep fall in oil prices. "It was a big miss in upstream," said Raymond James analyst Bertran Hodee. The $15 billion spending cut, which will involve canceling and deferring projects through...

  • SHANGHAI, Jan 29- China's stock regulator will inspect the stock margin trading business of 46 companies, the official Xinhua news agency said, amid concerns that the country's stock markets are becoming over-leveraged and vulnerable to a crash which could strain the financial system. "The inspection belongs to normal regular supervision and should not be...

  • Jan 28- Boeing Co reported a 23 percent increase in core fourth-quarter profit on Wednesday, topping analysts' estimates and sending its shares up 4.3 percent. Boeing forecast a rise in cash flow to $6.2 billion in 2015, at the top end of expectations, from $4.3 billion at the end of the year. Boeing's results showed strong year-end performances across its...

  • Jan 28- Retail currency broker FXCM Inc said it would forgive about 90 percent of its clients for negative balances after the Swiss central bank removed a cap on the value of the Swiss franc against the euro. FXCM's shares rose 8.4 percent to $2.59 in early trading. FXCM customers lost more than $200 million from the surging Swiss franc and the company was rescued...

  • Jan 28- Boeing Co reported a 23 percent rise in core quarterly profit on Wednesday, topping analysts' estimates and sending its shares up 3.4 percent. Boeing reported strong year-end performances across its defense and commercial aircraft businesses, including progress on curbing production costs for the flagship 787 Dreamliner. Boeing's deferred...

  • UPDATE 1-Boeing's profit rises on higher deliveries Wednesday, 28 Jan 2015 | 8:04 AM ET

    Jan 28- Boeing Co, the world's biggest planemaker, reported a 19 percent rise in quarterly profit, helped by booming demand for commercial aircraft. Boeing's shares rose about 4 percent in premarket trading. Boeing's net profit rose to $1.47 billion, or $2.02 per share, in the quarter from $1.23 billion, or $1.61 per share, a year earlier.

  • Greek shares hit by privatisation freeze Wednesday, 28 Jan 2015 | 4:15 AM ET

    LONDON, Jan 28- Shares of Greek utility PPC and Greece's biggest port, Piraeus Port Authority, fell by over 7 percent on Wednesday after the new government said it would freeze privatisation plans. Shares of Piraeus Port Authority were down 8.9 percent, at 9.83 euros, at 0902 GMT. One of the first decisions announced by the Syriza government was stopping the planned...

  • Greek shares hit by privatization freeze Wednesday, 28 Jan 2015 | 4:15 AM ET

    LONDON, Jan 28- Shares of Greek utility PPC and Greece's biggest port, Piraeus Port Authority, fell by over 7 percent on Wednesday after the new government said it would freeze privatization plans. Shares of Piraeus Port Authority were down 8.9 percent, at 9.83 euros, at 0902 GMT. One of the first decisions announced by the Syriza government was stopping the planned...

  • SAN FRANCISCO, Jan 27- Freescale Semiconductor Ltd gave a revenue forecast for the current quarter above Wall Street's expectations, and its shares rose 12 percent in extended trade as its chief executive pointed to growing demand from automobile makers for its chips. Freescale makes chips used in a broad range of markets, including consumer products,...

  • Jan 27- Network gear maker Juniper Networks Inc reported a better-than-expected adjusted quarterly profit as cost-cutting paid off, sending its shares up 4.4 pct in after-hours trading. Two of the company's largest customers, AT&T Inc and Sprint Corp, are taking time to decide whether to upgrade wired networks or shift to 4 G. Including the goodwill impairment...

  • SAN FRANCISCO, Jan 27- Yahoo Inc plans to spin off its 15 percent stake in China's Alibaba Group Holding Ltd, responding to pressure to hand over to shareholders its prized e-commerce investment valued at roughly $40 billion. Shareholders feel that Yahoo and its stake in Alibaba would be worth more separately, so long as the Alibaba shares are not subject to the...

  • SAN FRANCISCO, Jan 27- AT&T Inc on Tuesday posted a quarterly net loss that was slightly slimmer than Wall Street expected, as its mobile device deals attracted more customers, but its users switched to other networks at a higher rate. The second-largest U.S. wireless carrier posted a net loss of $4 billion, or 77 cents per share, in the fourth quarter, compared with...

  • **U.S. steelmaker's shares up 8.9 pct at $23.16 in extended trading. **On adjusted basis, company earns $1.82/ share, above average analyst estimate of 87 cents/ share. **Company's shares, which have fallen 16.4 pct in past 12 months, closed at $21.27.

  • SAN FRANCISCO, Jan 27- Yahoo Inc unveiled a plan for a tax-free spin-off of its 15 percent stake in China's Alibaba Group Holding Ltd, responding to pressure to distribute to shareholders its prized investment valued at roughly $40 billion. Shares of Yahoo were up roughly 7 percent at $51.45 in after-hours trading on Tuesday. The new entity will include Yahoo's...

  • Shares of Microsoft, down 9.1 percent, and Caterpillar, down nearly 8 percent, were among the biggest drags on U.S. stocks. Microsoft's results showed the main engine of its historic earnings power, selling Windows and Office software to big businesses, is waning. Caterpillar's quarterly profit came in below analysts' expectations and the company warned that...

  • Shares of Microsoft and Caterpillar weighed on U.S. stocks. Microsoft's results showed the main engine of its historic earnings power, selling Windows and Office software to big businesses, is waning. Caterpillar's quarterly profit came in below analysts' expectations and it warned that lower oil prices will hurt 2015 results.

  • *UAE markets stabilise after sell-off. DUBAI, Jan 27- Saudi Arabia's petrochemicals sector surged on Tuesday after OPEC's secretary-general said oil prices might have bottomed out and warned of a jump to $200 a barrel if investment in new supplies became too low. The main Saudi stock index jumped 2.4 percent in the heaviest trade this month, as shares in...

  • Jan 27- Procter& Gamble Co, the world's largest household products maker, said net sales would fall 3-4 percent in the full year due to a stronger dollar, sending its shares down 3 percent in premarket trading. Procter& Gamble Co said the exchange rates would reduce full-year sales by 5 percent and profit by 12 percent. Net profit attributable to the company fell...