The pressure is on for those earnings to support the market's current valuations, after weeks of choppy trading.» Read More
The "Fast Money" traders share their final trades of the day.
The opening price valued the shares at about 22 times forecast 2014 sales, nearly double that multiple at social media rivals Facebook Inc and LinkedIn Corp..
NYPD has denied that its commissioner, Ray Kelly, was in talks with JPMorgan Chase about a senior role in security at the bank.
Nov 7- Twitter Inc's initial public offering, which will start to trade on the New York Stock Exchange on Thursday, drew strong demand with investors asking for 30 times the number of shares that were on offer, according to two sources familiar with the deal.
Happy Thursday. Let's get this Twitter thing up and running, shall we?
Nov 7- Twitter Inc could face volatile trade in its debut Thursday on the New York Stock Exchange, analysts said, but they remained enthusiastic after the money-losing social media company priced its IPO above the expected range.
Q3 GDP, Tokyo also slips. TOKYO, Nov 7- Asian stocks struggled on Thursday as investors waited for stimulus-sensitive U.S. payroll data, although the euro perked up ahead of the European Central Bank's policy meeting.
Nov 6- Twitter Inc priced its initial public offering above its expected range to raise at least $1.8 billion, in a sign of strong investor demand for the most highly anticipated U.S. public float since Facebook Inc.. The microblogging network priced 70 million shares at $26, above the expected range of $23 to $25, which had already been raised once before.
HSBC said 15 of the 18 emerging markets covered in its survey had enjoyed an expansion in output, with robust increases in activity in China, Brazil and Russia. "We have a large number of the countries showing improvements," said Pablo Goldberg, global head of emerging markets research at HSBC in New York.
TOKYO, Nov 7- Asian stocks got off to sluggish start on Thursday as investors hunkered down to take the latest pulse on the U.S. economy and implications for the Federal Reserve's easy money policy, while the euro perked up ahead of the European Central Bank meeting.
NEW YORK, Nov 6- The New York City police department denied that its commissioner, Ray Kelly, was in talks with JPMorgan Chase& Co about a senior role in security at the bank. JPMorgan Chief Executive Jamie Dimon and Kelly get along well, a source told Reuters. JPMorgan's head of security, Tom Higgins, recently left the bank.
With the financial community watching, will the smart money invest in Twitter's IPO? Anecdotal evidence says yes.
SYDNEY, Nov 7- The euro traded near one-week highs against the dollar and yen early in Asia on Thursday as investors quickly switched gears after upbeat German data dampened the chances of any imminent interest rate cut from the European Central Bank.
NEW YORK, Nov 6- JPMorgan Chase& Co has been talking with New York City Police Commissioner Ray Kelly about hiring him for a senior role in security at the bank, a person familiar with the matter said on Wednesday. JPMorgan Chief Executive Jamie Dimon and Kelly get along well, the source said. JPMorgan's head of security, Tom Higgins, recently left the bank.
BOSTON, Nov 6- Mutual funds run by T. Rowe Price Group Inc and Morgan Stanley are poised to send one sweet tweet. Their seed investments have led to success stories like the gains reaped by Fidelity Investments on Facebook shares acquired before the social network's went public last year.
WASHINGTON, Nov 6- Banks and corporations would no longer be able to claim tax deductions for certain payments made under legal settlements with the U.S. government involving alleged business misconduct, under bipartisan legislation offered on Wednesday in the U.S. Senate.
*Gavilon has oil storage and pipelines in Oklahoma, Texas, Louisiana. Nov 6- U.S. energy logistics firm Gavilon LLC has kicked off the first of several big trading house deals that are set to recast the market landscape in a $890 million sale to propane gas supplier NGL Energy Partners LP.
*Gavilon has oil storage and pipelines in Oklahoma, Texas, Louisiana. Nov 6- U.S. energy trader Gavilon LLC has been bought by propane gas supplier NGL Energy Partners LP for $890 million, marking the first deal in what is expected to be a broad ownership reshuffle of global trading firms.
Some of Wall Street's biggest names are focused on India, but it's not the country's finances that have their attention. It's a chess tournament.
*Backed by PE firms Francisco Partners, Sequoia Capital. Campbell, California- based Barracuda's shares opened at $22.20 and touched a high of $23.77 in morning trading, valuing the company at $1.19 billion. Its rivals include Symantec Corp, Check Point Software Technologies Ltd, CommVault Systems Inc and Intel Corp's McAfee unit.