GO
Loading...

Latest Business News Wires - Business Headlines

More

  • 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.

  • SINGAPORE, Nov 7- Gold held gains from the previous session on Thursday as investors bet the U.S. Gold buying in India tapered off further after the festival week, even as domestic users started getting small import lots, weighing on premiums.

  • SAN FRANCISCO, Nov 6- Qualcomm Inc on Wednesday forecast revenue below expectations and said it would curb fast-growing operating expenses, stoking concerns the leading mobile chipmaker faces tough competition in Asia, and sending its stock down.

  • NEW YORK, Nov 6- CME Group Inc plans to announce new specifications and tests for West Texas Intermediate crude backing its benchmark oil futures contract early next year, and implement the new specs by the end of 2014, a person familiar with knowledge of the plan said on Wednesday.

  • Nov 6- Twitter Inc priced its initial public offering above its expected range to raise more than $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.

  • Ireland heads for bailout exit in final review Wednesday, 6 Nov 2013 | 7:01 PM ET

    DUBLIN, Nov 7- Three years after going cap in hand to international lenders for a bail out, Ireland is set to step out on its own again. The European Union and International Monetary Fund are due to sign off on the last part of a 85 billion euro bailout, leaving Ireland to exit the process by the end of the year, the first crisis-hit euro zone country to do so.

  • European Central Bank seen holding rates, for now Wednesday, 6 Nov 2013 | 7:01 PM ET

    *Inflation slump heaps pressure on ECB. FRANKFURT, Nov 7- The European Central Bank faces intense pressure to cut interest rates on Thursday but is unlikely to buckle, waiting instead to see whether a dive in inflation is sustained.

  • 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.

  • RIO DE JANEIRO, Nov 6- Standard& Poor's said on Wednesday it could wait until Brazil's presidential elections late in 2014 to decide whether to cut the credit rating of Latin America's largest economy.

  • Nov 6- Whole Foods Market Inc on Wednesday lowered its sales forecast for fiscal 2014, citing price cuts to keep up with competitors, and shares fell 9.5 percent in after-hours trading.

  • *Coffee at 6-1/ 2 year low on South American supply growth. NEW YORK, Nov 6- Oil futures led commodity markets higher on Wednesday, as draws in U.S. fuel supplies and worries about disruptions in Libya prompted buying at prices that had hit four-month lows.

  • Twitter Inc prices shares at $26 -source Wednesday, 6 Nov 2013 | 6:53 PM ET

    Nov 6- Twitter Inc on Wednesday priced its initial public offering above its expected range to raise more than $1.8 billion, according to a source, in a sign of strong investor demand for the most highly anticipated U.S. public float since Facebook Inc..

  • 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.

  • 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.

  • SAN FRANCISCO, Nov 6- Qualcomm Inc on Wednesday forecast revenue below expectations and said it would curb fast-growing operating expenses, stoking concerns the leading mobile chipmaker faces tough competition in Asia, and sending its stock down.

  • UPDATE 1-Transocean posts surprise profit rise Wednesday, 6 Nov 2013 | 6:26 PM ET

    Nov 6- Transocean Ltd, owner of the world's largest offshore drilling fleet, reported on Wednesday a larger-than-expected third-quarter profit due to increased demand for its rigs and higher rates, sending its shares up 2 percent.

  • HOUSTON, Nov 6- Power companies operating in competitive U.S. power markets are struggling to make money under rules and regulations that were not designed for the rapidly changing electricity landscape, a top power company executive said on Wednesday.

  • WASHINGTON, Nov 6- Three days into his job as the top U.S. telecommunications regulator, Tom Wheeler does not want to talk specifics about the Federal Communications Commission's agenda but has a mantra that he repeats over and over:.

  • MILAN, Nov 6- Telecom Italia rebel investor Marco Fossati told an analyst meeting that a partnership with Vivendi's GVT subsidiary in Brazil would help the Italian phone group relaunch its business, two participants at the meeting said on Wednesday.

  • 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.

Most Popular Video

Thursday, 17 Apr 2014 | 12:58 PM ET

The FMHR traders reveal their final trades.

Friday, 18 Apr 2014 | 11:00 AM ET

Are economic growth expectations too high? CNBC's Jeff Cox explains.

Friday, 18 Apr 2014 | 12:00 PM ET

CNBC's Stephanie Landsman discusses how the luxury rental boom isn't confined to New York City and its boroughs, but that developers are seeing new opportunities in New Jersey.