Stock News

Stock Indices: Dow Jones falls a second day ahead of US employment numbers

On Thursday Dow Jones Industrial Average traded within the range of 17,779.19-17,929.51. The benchmark closed at 17,863.43, ticking down 0.02% (4.15 points) on a daily basis, while extending the loss from Wednesday. The daily low has been the lowest level since November 2nd, when the average went as low as 17,655.02. In weekly terms, DJIA […] Read more

Stock Indices: Dow Jones reaches highs unseen since August

On Wednesday Dow Jones Industrial Average traded within the range of 17,168.61-17,314.99. The benchmark closed at 17,168.61, falling 0.28% (48.50 points) on a daily basis, while extending the loss from Tuesday. The daily high has been the highest level since August 20th, when the average went as high as 17,345.32. In weekly terms, DJIA advanced […] Read more

Stock Indices: Dow Jones surges to highs unseen in almost two months

On Monday Dow Jones Industrial Average traded within the range of 17,064.58-17,139.21. The benchmark closed at 17,131.86, adding 0.28% (47.37 points) on a daily basis and marking its seventh trading day of gains in a row. The daily high has been the highest level since August 20th, when the average went as high as 17,345.32. […] Read more

Stock Indices: Dow Jones rises at the sharpest rate in almost one month

On Monday Dow Jones Industrial Average traded within the range of 16,502.10-16,798.37. The benchmark closed at 16,776.43, surging 1.85% (304.06 points) on a daily basis and marking a second trading day of gains in a row. It has been the fastest daily rate of increase since September 8th, when DJIA went up 2.42%. The daily […] Read more

Stock Indices: Dow Jones rises on Tuesday after its sharpest daily drop in a month

On Tuesday Dow Jones Industrial Average traded within the range 15,942.37-16,118.89. The benchmark closed at 16,049.13, gaining 0.30% (47.24 points) on a daily basis. The daily low has been the lowest level since August 26th, when the average slipped as low as 15,676.26. On September 28th the gauge of blue chip companies plunged 1.92% at […] Read more

Volkswagen share price up, to appoint Porsche boss as new CEO

The board of scandal-hit German carmaker Volkswagen AG are expected to name today Porsche chief Matthias Müller as the companys new CEO after the position was vacated on Wednesday. Mr. Müller, who is close to the Piech and Porsche families, will replace Martin Winterkorn who resigned after leading the company for eight years, and will […] Read more

Total share price down, faces two US probes over gas market manipulation

French oil major Total SA has come under investigation by two separate US agencies tied to allegedly manipulative trades in the US gas markets and is fully cooperating, it said on Wednesday. News that Totals trades are being probed by the Commodity Futures Trading Commission, which regulates the trading of commodity-based financial securities, came a […] Read more

Total share price up, reassures on dividend, slashes expenses targets

Total SA is deepening its reaction to low crude prices as the French oil major announced on Wednesday a further cut in capital and operating expenses, while pledging to cover the dividend fully paid in cash. Total, which reported a $5.66-billion net loss in 2014, said it would cut capital expenditure to $20-$21 billion in […] Read more

Volkswagen share price tumbles on US emission issue, sales halt

Shares of German carmaker Volkswagen AG plunged by more than 20% on Monday after it ordered US dealers to halt sales of some diesel cars following accusations by local authorities of falsifying emissions data. Volkswagen, which managed to overtake Japans Toyota in the first half of the year as the worlds biggest auto maker by […] Read more

Adobe share price down, downbeat Q4 outlook offsets strong Q3 results

Adobe Systems Inc reported on Thursday record revenue and better-than-expected earnings in the third fiscal quarter, which however were overshadowed by a fourth-quarter sales and profit forecast below projections. The company said that net profit in the three months ended August 28th rose to $174.5 million, or $0.34 per share, from $44.7 million, or $0.09 […] Read more