*Industrial shares rally on 3 M, Caterpillar results. *Stocks pare gains; New York tests patient for Ebola. NEW YORK, Oct 23- Earnings from Caterpillar and 3 M drove Wall Street higher on Thursday but stocks pared gains in late trading after reports that a New York hospital was running Ebola tests on a healthcare worker.
PITTSBURGH _ Federated Investors Inc. on Thursday reported third-quarter profit of $37.6 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 35 cents per share. Analysts expected $213.5 million, according to Zacks.
*Industrials rally on 3 M, Caterpillar results. Shares of both Caterpillar Inc and 3 M Co rose following their results. Caterpillar, which also raised its full-year profit view, was up 4.6 percent at $98.94 while 3 M added 5 percent to $145.85.
*Industrials rally on 3 M, Caterpillar results. Shares of both Caterpillar Inc and 3 M Co rose following their results. Caterpillar, which also raised its full-year profit view, was up 5.3 percent at $99.61 while 3 M added 5.6 percent to $146.70.
*Industrial shares rally on 3 M, Caterpillar results. Shares of both Caterpillar Inc and 3 M Co rose following their results. Caterpillar, which also raised its full-year profit view, was up 4.5 percent at $98.80 while 3 M added 6 percent to $147.34.
NEW YORK, Oct 23- Some very big investors are betting on an upswing in two problematic parts of the world right now, Europe and Japan, their confidence bolstered by the brisk money-printing from central banks in both regions. Standard Life Investments, Goldman Sachs Asset Management, and Seven Investment Management are among those who believe in the potential...
*Industrial shares rally on 3 M, Caterpillar results. NEW YORK, Oct 23- U.S. stocks surged on Thursday, with major indexes up more than 1 percent in a broad rally as strong results, including from two Dow components, reassured investors that corporations continue to fare well despite concerns about global economic growth. After a four-week string of declines, the S&P...
Caterpillar Inc and 3 M Co, both Dow components, reassured investors that multinationals can deliver solid earnings despite concerns about global economic growth. Shares of Caterpillar, which raised its full-year earnings outlook, rose 4.9 percent, while 3 M shares jumped 5.7 percent. "If we're looking at headwinds like currency and slowing global growth,...
Shares of both Caterpillar Inc and 3 M Co rose following their results, with heavy machinery maker Caterpillar also raising its full-year profit view. Caterpillar was up 4.2 percent at $98.31 while 3 M added 4.3 percent to $144.95. "It's good to see good numbers in any company, but if we're looking at headwinds like currency and slowing global growth, seeing...
*Dow recovers from IBM earnings miss. NEW YORK, Oct 20- A measure of global equity markets rose on Monday after strong U.S. corporate results lifted Wall Street, despite a quarterly earnings miss from IBM, building on positive sentiment that grew out of a surge in Japanese shares. On Wall Street, IBM shares closed down 7.1 percent at $169.10.
*Alibaba soars in debut, Yahoo falls. NEW YORK, Sept 19- U.S. stocks closed little changed on Friday after Alibaba's strong debut was offset by falling technology shares as Oracle and Yahoo stumbled, but the Dow managed to edge higher to set a record for a second straight session.
NEW YORK, Sept 19- Stock markets around the world closed flat on Friday as early gains failed to hold through the session, though the upward trend in equities continued and Alibaba soared in its historic U.S. trading debut. Alibaba Group, one of the biggest IPOs ever, ended up 38 percent at $93.89 on massive volume.
NEW YORK, Sept 16- For all of those waiting for a correction in U.S. stocks, here's the news: you may have already missed it.
NEW YORK, Aug 25- Global equity markets rallied on Monday, with the U.S. benchmark S&P topping the 2,000 mark for the first time, as expectations grew that the European Central Bank would loosen its monetary policy in a move to boost economic growth.
NEW YORK, Aug 22- Wall Street and other stock markets paused on Friday, halting the week's strong gains, as worsening Ukraine tensions dogged trading, while the dollar rose after Federal Reserve Chair Janet Yellen said policymakers eyeing interest rate hikes need to move cautiously.
NEW YORK, Aug 22- Wall Street and other stock markets paused while the dollar rose on Friday after Federal Reserve Chair Janet Yellen said policymakers eyeing interest rate hikes need to move cautiously, while worsening Ukraine tensions dogged trading.
*Wall Street rebounds on Fed minutes, dollar rallies. NEW YORK, Aug 20- Global equity markets rose on Wednesday after minutes from the Federal Reserve indicated there is no rush to bring forward plans to raise interest rates in the future, reversing earlier declines that were driven by hints from the Bank of England of an early rate hike.
*Apple retakes triple-digit territory, hits $100. NEW YORK, Aug 19- U.S. stocks ended higher for the second straight session on Tuesday, as robust housing data and strong earnings from Dow component Home Depot overshadowed lingering concerns about the conflict in Ukraine.
Furthermore, the solid activity reported in new construction and by Home Depot Inc in its quarterly report on Tuesday may in part be due to activity delayed by bad weather in the first quarter.
NEW YORK, Aug 15- As headlines about an apparent escalation of the conflict in eastern Ukraine hit traders' screens, selling was the word on Wall Street. Treasury yields hit their lowest in 14 months on Friday after Ukraine said its forces had attacked and partly destroyed a Russian armored column that entered Ukrainian territory overnight.