September 30, 2013 7:02 am
U.S. stock-index futures retreated significantly for a second day as politicians could not reach an agreement over the federal budget, threatening a U.S. government shutdown starting tomorrow. Standard & Poor’s 500 Index futures expiring in December dropped 0.8% to 1,675.20 as of 7:28 a.m. in London, heading for the lowest close in three weeks. Future […]
Read moreSeptember 27, 2013 12:13 pm
U.S. stock-index futures fell, indicating the Standard & Poor’s 500 Index will continue its fall after a short raise yesterday, amid concern the budget impasse will hurt economic growth in the world’s largest economy. S&P 500 futures expiring in December retreated 0.4% to 1,685.1 at 7:06 a.m. in New York. The index has declined 0.7% […]
Read moreSeptember 27, 2013 8:24 am
Nokia Corp. plans to present six new mobile devices including its first tablet at an October event in Abu Dhabi, which would be its first major product launch since announcing a deal to sell its devices unit to Microsoft Corp., according to people familiar with the plan. The product blitz to be unveiled in Abu […]
Read moreSeptember 27, 2013 7:24 am
Nike Inc.s fiscal first-quarter earnings rose 38% as revenue for the athletic-gear giants brand posted revenue growth in its main brand and wider margins. Shares were up 6.1% at $74.66 in after-hours trading as Nikes earnings beat Wall Street estimates expectations. Nike, whose stock debuted on the Dow Jones Industrial Average this week, has benefited […]
Read moreSeptember 27, 2013 6:24 am
U.S. stocks rose, halting the longest slump this year for the Standard & Poor’s 500 Index, as an larger than forecast drop in jobless claims overshadowed slightly negative GDP data. The S&P 500 rose 0.3% to 1,698.67 at 4 p.m. in New York, extending its third-quarter rally to 5.8%. The Dow Jones Industrial Average climbed […]
Read moreSeptember 26, 2013 11:05 am
U.S. stock-index futures rose, signaling the Standard & Poor’s 500 Index will rebound from its longest losing streak this year, as investors awaited data on jobs and home sales to assess the pace of the economic recovery. S&P 500 futures expiring in December rose 0.1% to 1,689 at 11:50 a.m. in London. The benchmark gauge […]
Read moreSeptember 26, 2013 9:04 am
Car manufacturers are competing with technology companies for the global innovation industry, boosting research spending to build greener, smarter and more connected cars. Emission curbs, efficiency rules, the rise of the connected car and increased competition from non-traditional rivals such as Tesla and Google are all forcing automotive engineers into the labs and sending research […]
Read moreSeptember 26, 2013 7:47 am
Peugeot Citroën offered to boost French factory production and put off any plant closures until at least 2016, as labor cuts negotiations aimed at diminishing costs in the auto makers home market. Struggling from declining automobile sales and market share in Europe, the unprofitable company said on Wednesday it is prepared to increase its French […]
Read moreSeptember 26, 2013 6:40 am
U.S. stocks fell, giving the Standard & Poor’s 500 Index its longest slump this year, as Wal-Mart Stores Inc. retreated before GDP and jobless claims data is issued today. The S&P 500 fell 0.3% to 1,692.77 at 4 p.m. in New York, its fifth straight losing session. The Dow Jones Industrial Average, which includes Wal-Mart, […]
Read moreSeptember 25, 2013 12:39 pm
Samsung Electronics decided to improve Phablets, a cross between a phone and a tablet, have been on a roll since late 2011 as tech interested consumers, particularly in Asia, devote more time browsing data-heavy Web pages and downloading media content. Even Samsungs flagship Galaxy S4 smartphone, released in April this year, has a 5-inch screen […]
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