November 5, 2013 11:45 am
U.S. stock-index futures sank, predicting the Standard & Poor’s 500 Index will end two days of gains, as investors awaited a report on the services industry. Standard & Poors 500 futures expiring in December fell 0.3% to 1,757.8 at 11:33 a.m. in London. The benchmark index rose 0.4% on Monday as Exxon Mobil Corp. and […]
Read moreNovember 5, 2013 10:05 am
Twitter reported significant increase in the price range of its IPO by as much as 25% as investors showed improved interest for the stock. The boosted demand would reflect on companys valuation which may jump to over $17 billion at its stock market debut later this week. Shares of the social network will set a […]
Read moreNovember 5, 2013 8:41 am
Bayerische Motoren Werke AG, the world’s biggest maker of luxury vehicles, reported a narrower-than-expected decline in third-quarter profit as higher deliveries partially compensate for new models spending. Despite volatile business conditions, the BMW Group continued on its successful course during the third quarter and first nine-month period of 2013 and kept its position as the […]
Read moreNovember 5, 2013 7:28 am
US equities rose, sending Standard & Poors 500 Index close to record levels as the benchmark index continues to increase for a second day as investors weighted the effect of factory orders data to assess economy condition amid positive corporate earnings. The S&P 500 index added 6.29 points, or 0.4%, to 1767.93, and the Nasdaq […]
Read moreNovember 4, 2013 3:23 pm
Berkshire Hathaways third-quarter profit jumped 29% due to diversification of businesses toward railroads and power production which provides steady gains. Warren Buffett, Berkshires chairman and chief executive, implemented into the company railroad and newspapers as well as power plants and utilities, among other businesses. At the core of the company stands its insurance operations, which […]
Read moreNovember 4, 2013 12:17 pm
U.S. stock-index futures climbed, after the Standard & Poor’s 500 Index rose last month, as investors closely examined company earnings and focused on this week’s releases on employment and economic growth. Futures on the S&P 500 expiring in December gained 0.1% to 1,756.9 at 11:55 a.m. in London. The benchmark index covering 500 stocks jumped […]
Read moreNovember 4, 2013 9:57 am
Ryanairs annual profit is set to fall for the first time in five years as fierce competition in Europe lowered average fares down by around 10% over the winter months, Europes largest airline by passenger numbers said today. Europes largest low cost carrier forecasts annual earnings may drop under the level of 2012,2013 when it […]
Read moreNovember 4, 2013 9:01 am
AT&T Inc. is observing the possibility for a potential takeover of Vodafone Group Plc next year, exploring a complex deal with Europe’s largest mobile carrier, people familiar with the situation said to Bloomberg. The deal isnt confirmed yet, and most likely a transaction wouldnt materialize until 2014 – thats when Vodafone will be free of […]
Read moreNovember 4, 2013 7:29 am
European stocks retreated on Friday, halting a week of gains, as Royal Bank of Scotland Group Plc and Renault SA fell, while investors were inspecting the U.S. manufacturing data to find signs for the outlook for the Federal Reserve’s stimulus program. The Stoxx 600 lost 0.3% to 321.5 points. The benchmark climbed 0.4% this week, […]
Read moreNovember 3, 2013 9:28 am
Tesla Motors Inc. experienced its biggest monthly loss of share price in October amid concern among some investors that the immense stock-price surge exxagerated the growth prospects for Elon Musk’s electric-car company. Even after the decline, companys stock is up 372% this year, a performance that let some investors call it a potential bubble. The […]
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