Result Page 87 for Latest Markets News & Archive

Markets

Gravity Payments pulled down due to $70,000 minimum wage announcement

What started out as an idealistic vision to uplift morale and productivity within Gravity Payments soon came back to haunt it once CEO Dan Price realizes that the change requires more than what he was willing to pay for.

Aug 04, 2015 2:08 AM EDT

Markets

Twitter shares drop 15%; Is the microblogging platform ripe for a takeover?

As Twitter shares dip to near its lowest point since its IPO, analysts ask if the company may be due for an acquisition.

World

Stock markets expected to be under 4% annual growth

The slowdown in major economies is impacting the corporate performance and putting pressure on sales growth. Analysts forecast that the annual growth rate of stock markets is under 3.5% when adjusted with inflation.

Markets

Germany's luxury automakers buy Nokia's maps

Germany's luxury carmakers acquire Nokia's HERE maps for a little more than $3 billion. The acquisition is unprecedented in the auto industry amid growing competition for self-driving car technology.

Mexican government hikes dollar auction by almost 4 folds; holds rates

The second largest economy in Latin America is making all the possible efforts to prevent the arrest of its falling peso. It increased dollar auction to support the Mexican peso and waiting for US decision on interest rates.

Aug 03, 2015 1:42 AM EDT

Chime Communications board okays GBP365M cash offer

The sports marketing business major's shares rose over a quarter as Providence Equity Partners, WPP made an offer.

Aug 03, 2015 1:27 AM EDT

H&H Group acquired John Swan & Sons for £8.2M; shares soar by 15%

John Swan & Sons' shares went up by 15% when H&H Group officially announced they are purchasing the livestock services.

Aug 02, 2015 10:19 PM EDT

Falling world oil prices result in job cuts

Energy giants take a hit as oil prices collapse. A number of companies, including Shell and Centrica in Britain, are cutting thousands of jobs to cope with losses.

Jul 31, 2015 8:21 AM EDT

US tech companies lead the $100B market capitalization list

The US technology and internet companies' market capitalization has soared significantly. Among the top 100 global companies by market capitalization, technology companies lead the pack as they grew since 2009 after the global economy recession.

Jul 31, 2015 2:42 AM EDT

3D sensor maker Occipital gets $13 Million in Series B funding

Occipital, maker of the Structure 3D sensor and software kit for iOS, gets $13 million in funding from a group of investors

Jul 30, 2015 11:35 PM EDT

Facebook posts Q2 gains, but expenses worry investors; shares rise, fall

Facebook's stock was volatile in after-hours trading despite surpassing second quarter expectations on almost every metric. Shares dropped then rose following release of its earnings report. The stock fell again on weak outlook.

Jul 30, 2015 8:38 AM EDT

Creditworthiness of US at stake; Will cash-strapped US raise debt ceiling?

Treasury Secretary Jack Lew writes to the US government alerting it on soaring debt burden. The world's largest economy is left with no option but to raise debt ceiling or face the risk of default.

Jul 30, 2015 5:11 AM EDT

Victoria's Secret is losing $9B for casting out plus-size lingerie

The lingerie brand, Victoria's Secret is losing $9b profit upon not venturing to plus-size lingeries.

Jul 30, 2015 1:36 AM EDT

Stronger US dollar is a threat to emerging markets' currencies, and to US economy

The 12% rise in the US dollar could result in another currency crisis in emerging markets as the weakening of local currencies will reduce the debt repayment capacity. The strengthening of dollar is expected to slow down its GDP growth as well.

Jul 29, 2015 10:25 PM EDT

Donald Trump sells New York property for $21 million

Billionaire Donald Trump has sold a penthouse property located in New York City for $21 Million dollars. Executive vice president of development and acquisitions of the Trump Organization and the tycoon's daughter Ivanka Trump confirmed the sale.

Jul 29, 2015 5:52 AM EDT

Twitter needs more followers as user growth lags despite rosy Q2 earnings

Twitter may be growing, but by analysts' standards, it isn't very impressive. Earnings for the second quarter were higher than expected, sending stock up, then down on weak user growth. To increase numbers, Twitter is looking at improving user experience.

Jul 29, 2015 5:28 AM EDT