Result Page 54 for Latest Markets News & Archive

Markets

Stocks rally higher as commodity prices rebound

U.S. stocks extended a rally, with the Standard & Poor’s 500 Index reaching a three-month high. The Energy and raw materials went up at least 17% from recent lows while the Nasdaq 100 also recorded a new high compared to July this year.

Nov 05, 2015 3:00 AM EST

News

Bitcoin Value Keeps Surging Surprisingly

A surprising hike of Bitcoin value occurs in again in October. A Chinese capital outflow is the main reason of the sudde rise.

News

Tesla's increase in production outlook brings its stocks higher

Electric-car company Tesla Motors Inc.’s stock went up 8.5 percent after reporting their third quarter earnings.

Markets

Zynga posts $3M profits in Q3, beats expectations

Zynga posts its third-quarter earnings beating analyst expectations as it brings in about $176 million in bookings and revenue of $196 million. Analysts were expecting a loss of 1 cent per share for the company’s earnings.

Quebec defends support to Bombardier CSeries

Quebec province is positive on its investment decision to extend $1-billion financial package to the struggling Bombardier. Brazilian airline Embraer has lodged complaints against government support to its competitor airline. Bombardiers' CSeries project has been delayed owing to financial problems.

Nov 04, 2015 9:59 PM EST

Hyundai to launch the new brand of luxury sedans: Genesis

Hyundai Motor Co. will launch a standalone luxury car brand called Genesis. The brand will start sales next month with the luxury sedan G90.

Nov 04, 2015 9:16 PM EST

U.S. Ranks Third in the Global Tax Havens List

The United States now ranks third in the list of top tax havens in the world for foreign companies on Tax Justice Network's biannual Financial Secrecy Index.

Nov 04, 2015 5:01 AM EST

Tesla hires Google's former VP

Tesla Motors announced the company has named a new CFO, Jason Wheeler who was vice president of finance for Google and has been working there for 13 years. The announcement was done during a conference call for its third-quarter earnings report.

Nov 04, 2015 3:36 AM EST

Four of 10 products sold online in China are fakes, shoddy

China has released a report saying more than 40% of products sold online are fakes or shoddy, dealing a big blow to the credibility of e-commerce giants like Alibaba. But the report itself is under scrutiny, as it based upon only a limited data.

Nov 04, 2015 3:35 AM EST

Target launches Instacart delivery service for its shoppers in San Francisco

Target has expanded its Instacart delivery service to San Francisco. The service is following the success collaboration in Minneapolis market.

Nov 04, 2015 3:34 AM EST

Drilling activity in Canada set to slow down

The continuous fall in oil price is forcing many drilling companies to reduce rig output in Canada. The oil rigging companies have already been slashing budgets and cutting down jobs to weather the lower oil price regime. The drilling activity is poised for a further drop in next year.

Nov 04, 2015 3:31 AM EST

From online to offline: Amazon is opening its first physical bookstore in Seattle

Amazon is opening its first bookstore in the University Village shopping center, Seattle. Amazon Books will sell about 6,000 titles of high rating books in Amazon.com.

Nov 04, 2015 3:29 AM EST

Energy, healthcare triggers Wall Street gains; Nasdaq 100 hits 15-year high

US stocks climbed across sectors Monday adding to the momentum of its growth from the August 25 drop. Thanks to the increases in the energy sector and the growing acquisition activities in healthcare.

Nov 04, 2015 2:13 AM EST

Asian stocks follow gains on Wall Street

Taking cues from overnight rally on Wall Street, Asian stocks also surged. However, China markets slipped into presure owing to investigations over financial scam and illegal future trading dampened the market sentiment. Japan markets were closed on account of a holiday. Remaining Asian stocks were in positive mode and looking to cues from US Fed Reserve and European Central Bank.

Nov 04, 2015 2:09 AM EST

Oil price continues to slump after weak data from China

Crude-oil prices dropped in early Asia trade on Monday as lackluster Chinese factory activity data widened fears that demand from the world’s second-largest economy is likely to stay low.

Nov 04, 2015 12:45 AM EST

S&P 500 earnings parade may slip on energy companies

Surprisingly the ongoing quarterly season has been positive for the Wall Street as it recorded gains in October. But, the expected bleak earnings from the energy sector may discourage the market sentiment and slow down the S&P 500 index gain.

Nov 03, 2015 9:48 PM EST