GO
Loading...

Latest Business News Wires - Business Headlines

More

  • SHANGHAI, Oct 25- Growth in China's auto market, the world's biggest, will halve to 7 percent this year weighed down by a slowing economy, the head of an industry body said on Saturday. Carlos Ghosn, head of Japanese carmaker Nissan Motor Co Ltd and its French alliance partner Renault SA, told the same conference he was still optimistic about China's outlook.

  • Stock market's big seesaw gives investors pause Saturday, 25 Oct 2014 | 12:06 AM ET

    NEW YORK— Sometimes a little fear is healthy for stock investors. Nine days ago, after a series of sharp sell-offs, the Standard& Poor's 500 index was down 7.4 percent from its September record as fears of a global economic slowdown intensified. "It's important to have these periods of scare and fear," says Joe Quinlan, chief market strategist for U.S. Trust.

  • 16 killed in China coal mine collapse Friday, 24 Oct 2014 | 11:05 PM ET

    BEIJING— China's official news agency says 16 coal miners were killed after their shaft collapsed in the country's northwest. Another 11 miners were injured in the disaster that struck just before midnight Friday in Tiechanggou township outside the Xinjiang regional capital of Urumqi. China's mines are among the most dangerous in the world, although...

  • DIARY - Top economic Events to Nov 6 Friday, 24 Oct 2014 | 8:01 PM ET

    FRANKFURT- Deutsche Bundesbank Board Member Andreas Dombret to give press conference at the Bundesbank in Frankfurt- 1200 GMT. FRANKFURT- ECB Vice-president Vitor Constancio and Supervisory Board Chair Daniele Nouy to hold a press conference on the results of the Comprehensive Assessment- 1030 GMT. LONDON- Bank of England Deputy Governor Minouche Shafik...

  • Oct 24- Consumer advocate Ralph Nader sent a letter to Apple Inc Chief Executive Officer Tim Cook urging the company to reduce its spending on share buybacks and use the money to raise wages, the Wall Street Journal reported on Friday. "'Designed by Apple in California' has a nicer ring to it than' assembled by workers paid about a dollar per hour, working 11- hour...

  • Oct 24- Ocwen Financial Corp said it was hiring an independent firm to investigate how the mortgage servicer had sent backdated letters to borrowers about loan modifications and foreclosures and the reason for the delay in fixing the issue. Hundreds of thousands of borrowers facing foreclosure may have been harmed after they received letters from Ocwen...

  • SAN FRANCISCO, Oct 24- Google Inc Chief Executive Officer Larry Page has put Sundar Pichai, one of his key lieutenants, in charge of the Internet company's products. The India- born executive will have oversight over products such as search, maps, Google+, commerce, advertising and infrastructure, according to a Google spokesman. Chief Business Officer Nikesh Arora...

  • SAN FRANCISCO/ BOSTON, Oct 24- Amazon.com Inc's once fairy-tale ride on Wall Street has hit its most jarring bump yet. Amazon missed expectations across the board- on margins, on its net loss and on revenue. Benkendorf unloaded his Amazon holdings a year ago and said he would be skeptical of future involvement even if the stock falls further.

  • Final Glance: Drugstore companies Friday, 24 Oct 2014 | 6:35 PM ET

    CVSCaremark rose$. 69 or. 8 percent, to $84.29. Rite Aid fell$. 10 or 2.1 percent, to $4.76. Walgreen rose$. 58 or. 9 percent, to $62.65.

  • Final Glance: Department Store Retail companies Friday, 24 Oct 2014 | 6:35 PM ET

    Kohl's Corp. fell$. 11 or. 2 percent, to $59.09. Macy's Inc. rose$. 59 or 1.0 percent, to $58.98. Nordstrom fell$. 57 or. 8 percent, to $71.20.

  • NYSE stocks posting largest volume decreases Friday, 24 Oct 2014 | 6:35 PM ET

    NEW YORK— A look at the 10 biggest volume decliners on New York Stock Exchange at the close of trading:. American Realty Investors Inc.: Approximately shares changed hands, a 98.3 decrease from its 65- day average volume. Constellation Brands Inc. class B: Approximately shares changed hands, a 99.4 decrease from its 65- day average volume.

  • Final Glance: Staffing companies Friday, 24 Oct 2014 | 6:35 PM ET

    Kelly Services Inc. class A rose$. 17 or 1.0 percent, to $16.67. Korn/Ferry International Inc. fell$. 02 or. 1 percent, to $27.04. ManpowerGroup rose$. 36 or. 6 percent, to $64.40.

  • Final Glance: Telecom companies Friday, 24 Oct 2014 | 6:35 PM ET

    NEW YORK— Shares of some top telecom companies were up at the close of trading:. AT&T Inc. rose$. 21 or. 6 percent, to $33.87. Verizon Communications Inc. rose$. 55 or 1.1 percent, to $48.77.

  • Final Glance: Silver companies Friday, 24 Oct 2014 | 6:35 PM ET

    Hecla Mining Co. fell$. 01 or. 4 percent, to $2.36. Pan American Silver Corp. fell$. 18 or 1.7 percent, to $10.54. Silver Standard Resources Inc. fell$. 10 or 1.9 percent, to $5.28.

  • Final Glance: Health Care Equipment companies Friday, 24 Oct 2014 | 6:35 PM ET

    Becton, Dickinson& Co. rose$. 73 or. 6 percent, to $125.73. Covidien rose $1.19 or 1.3 percent, to $89.64. PerkinElmer rose$. 59 or 1.4 percent, to $41.72.

  • Final Glance: Drug Benefits companies Friday, 24 Oct 2014 | 6:35 PM ET

    NEW YORK— Shares of some top drug benefits companies were up at the close of trading:. CVSCaremark rose$. 69 or. 8 percent, to $84.29. Express Scripts Holding Co. rose$. 59 or. 8 percent, to $73.65.

  • NYSE stocks posting largest volume increases Friday, 24 Oct 2014 | 6:35 PM ET

    NEW YORK— A look at the 10 biggest volume gainers on New York Stock Exchange at the close of trading:. Brookfield Residential Properties Inc.: Approximately 1,316,400 shares changed hands, a 593.8 percent increase over its 65- day average volume. The shares fell$. 23 or 1.0 percent to $23.16.

  • Final Glance: Gold companies Friday, 24 Oct 2014 | 6:35 PM ET

    Barrick Gold Corp. rose$. 07 or. 5 percent, to $13.52. Gold Fields rose$. 02 or. 6 percent, to $3.63. Newmont Mining Corp. fell$. 05 or. 2 percent, to $21.95.

  • Final Glance: Computer companies Friday, 24 Oct 2014 | 6:35 PM ET

    Apple Inc s rose$. 39 or. 4 percent, to $105.22. Hewlett Packard Co. fell$. 01 or percent, to $34.93. International Business Machines Corp. fell$. 10 or. 1 percent, to $162.08.

  • Final Glance: Chemicals companies Friday, 24 Oct 2014 | 6:35 PM ET

    NEW YORK— Shares of some top chemicals companies were up at the close of trading:. Dow Chemical Co. rose$. 53 or 1.1 percent, to $48.21. DuPont Co. rose$. 41 or. 6 percent, to $69.00.