CNBC Franchise Archive US: Trading

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  • Oct 14- U.S. stocks fell on Wednesday as Wal-Mart skidded after issuing a weak profit forecast, dragging down other big retailers, and as JPMorgan slipped after disappointing results. Rival Target was down 3.5 percent at $76.20, and Sears fell 3.0 percent to $24.41. JPMorgan shares fell 2.5 percent to $59.99 after the bank reported disappointing third-quarter...

  • *JPMorgan falls, Bank of America rises after results. Oct 14- U.S. stocks fell in late afternoon trading on Wednesday, as Wal-Mart skidded after issuing a weak forecast, dragging down other big retailers, and as JPMorgan slipped after its results. Rival Target was down 4.2 percent at $75.63, and Sears fell 3.5 percent to $24.28.

  • Oct 14- Wal-Mart Stores Inc said full-year sales would be flat due to the stronger-than-anticipated impact of the dollar's strength, and that investment in technology and employees would pressure earnings next year, sending its shares down 10 percent. Shares of the company, which also announced a $20 billion share buyback, fell to a more-than three-year low of...

  • *JPMorgan falls, Bank of America rises after results. JPMorgan shares fell 1.6 percent to $60.54 and were the biggest drag on the Dow Jones industrial average, a day after the bank reported third-quarter results that fell short of estimates. Bank of America rose 2 percent to $15.83 after the bank reported a profit, compared with a year-earlier loss.

  • *JPMorgan falls, Bank of America rises after results. Oct 14- Wall Street looked set to open little changed on Wednesday as investors assessed earnings from JPMorgan and Bank of America and data showed U.S. retail sales barely rose in September. JPMorgan shares fell 1.7 percent to $60.5 premarket, a day after the bank reported third-quarter results below...

  • Oct 14- Wells Fargo& Co, the biggest U.S. residential mortgage lender, reported a rise in quarterly profit for the first time in three quarters on Wednesday, helped by its purchase of commercial loans from General Electric Co. Wells Fargo, whose shares were down about 1.4 percent in premarket trading, agreed earlier this year to buy a portion of GE's commercial real...

  • *OPEC invites some non- OPEC members for Oct 21 meeting. SEOUL, Oct 14- Crude oil futures fell on Wednesday, extending two days of losses and rattled by concerns about oversupply and slowing demand, with China's economic growth likely to fall below 7 percent in the third quarter. Front-month Brent for November delivery was down 19 cents or 0.4 percent at $49.05 a...

  • *OPEC invites some non- OPEC members for Oct 21 meeting. SEOUL, Oct 14- Crude oil futures edged up on Wednesday, paring some losses in the previous session on an International Energy Agency report that said the market would remain oversupplied for at least another year. Front-month Brent for November delivery gained 7 cents to $49.31 a barrel as of 0458 GMT after it...

  • *OPEC invites some non- OPEC members for Oct 21 meeting. SEOUL, Oct 14- Crude oil futures traded largely unchanged on Wednesday after falling by just over one percent in the previous session on an International Energy Agency report that said the market would remain oversupplied for at least another year. Front-month Brent for November delivery rose 10 cents or...

  • SEOUL, Oct 14- Crude oil futures slipped on Wednesday, extending losses from the prior session when an International Energy Agency report said the market would stay oversupplied for at least another year. Front-month Brent for November delivery edged down 15 cents at $49.09 a barrel as of 0119 GMT after it ended at $49.24 per barrel, down 1.24 percent, or 62 cents...

  • NEW YORK, Oct 13- A gauge of stocks in major markets fell on Tuesday for the first session in 10 after Chinese trade data reinforced views that the world's second-largest economy continues to lose momentum, while further clouding the market's view on U.S. interest rates. China's exports fell less than expected in September but a sharper fall in imports left...

  • NEW YORK, Oct 13- Oil prices gave up early gains and closed lower on Tuesday after the International Energy Agency rekindled fears that the market remains over supplied. "There's still a lot of crude oil available on the market, and I am with IEA that there is more than adequate supply for the balance of this year and the rest of 2016," said Andrew Lipow, president of...

  • *Chinese imports fall 20 pct in September. Oct 13- U.S. stocks edged lower in late afternoon trading on Tuesday on renewed fears of slowing growth in China and more worries about upcoming earnings reports. JPMorgan and Intel report after the close on Tuesday, with Goldman Sachs, Bank of America, and General Electric reporting through the week.

  • GLOBAL MARKETS-Stocks weak on Chinese data, oil slips Tuesday, 13 Oct 2015 | 2:20 PM ET

    *AB InBev wins over SABMiller after more than $100 bln offer. NEW YORK, Oct 13- A gauge of stocks in major markets fell on Tuesday for the first session in 10 after Chinese trade data reinforced views that the world's second-largest economy continues to lose momentum, while crude futures lost steam after early gains. JPMorgan reports earnings after the closing...

  • NEW YORK, Oct 13- Oil prices pared most of their gains on Tuesday afternoon as investors focused on a bearish outlook from the International Energy Agency after U.S. crude gained on technical support earlier in the session. Brent futures for November delivery rose 27 cents to $50.13 a barrel, a 0.5 percent gain, by 1:20 p.m. ET. "sharp drop lower is being deemed an...

  • *AB InBev wins over SABMiller after more than $100 bln offer. NEW YORK, Oct 13- A gauge of stocks in major markets fell on Tuesday for the first session in 10 after Chinese trade data reinforced views that the world's second-largest economy continues to lose momentum, but healthcare stocks kept Wall Street afloat. In a sign there is still value to be found in equities,...

  • UPDATE 9-Oil climbs on technicals, weaker U.S. dollar Tuesday, 13 Oct 2015 | 11:29 AM ET

    NEW YORK, Oct 13- Oil prices rose on Tuesday with technical support for U.S. crude and despite a weaker demand outlook from the International Energy Agency which is expected to keep the world oil market oversupplied for at least another year. Brent futures for November delivery rose 38 cents to $50.24 a barrel, a 0.8 percent gain, by 11:13 a.m EDT.

  • Oct 13- Drugmaker Johnson& Johnson said it plans to buy back up to $10 billion of common stock over time. The repurchase would take away nearly 104 million shares of the company's outstanding shares, according to Thomson Reuters calculations. Shares of the New Brunswick, New Jersey- based company rose 1.3 percent to $97.25 in light trading before the bell.

  • *EMC shares rise after Dell offer. The Dow rose for a seventh straight session, led by gains in UnitedHealth Group, which rose 2.7 percent at $122.51. This week brings results from some top U.S. banks, among other companies, and investors are eyeing a projected 4.8 percent year-over-year decline in third-quarter S&P 500 earnings, according to Thomson Reuters data.

  • NEW YORK, Oct 12- The U.S. dollar fell on Monday and gold continued to rise as markets priced the possibility that the Federal Reserve would not begin a tightening cycle this year, while U.S. stocks opened little changed. Speaking at the annual autumn meeting of the IMF and World Bank in Lima, Peru on Sunday, Federal Reserve vice-chairman, Stanley Fischer, said...