Stock News

Twitter takes advantage of IPO hype to get better deal from banks

Twitter Inc. is using its growing popularity and the intense competition among banks for Internet deals to receive unusually favorable terms from the firms that will take it public. The fees banks are set to collect for selling the shares would be the lowest percentage paid on a U.S.-listed IPO since Facebook, according to Ipreo, […] Read more

US stocks rose amid debt talk progress

U.S. stocks advanced, pushing S&P 500 near record levels, on speculation Republicans and Democrats would reach to an agreement before the government loses its ability to borrow money in three days. The S&P 500 rose 0.4% to 1,710.14 at 4 p.m. in New York, reversing an earlier drop of as much as 0.7% for a […] Read more

U.S. stock index futures slid amid fiscal stalemate talks

U.S. stock-index futures declined, snapping a weekly gain for equities, as lawmakers continued debates over spending and borrowing plans only three days before the government reaches its debt ceiling. Standard & Poor’s 500 Index futures expiring in December fell 0.7% to 1,687.2 at 13:00 p.m. in London. The equities gauge rose 0.8% last week amid […] Read more

GM opens a new metal-processing plant in Texas

Today, the auto maker officially opens a $200 million metal-processing plant compatible to the Arlington factory that reduces that travel from Ohio to Texas to about 20 feet. Around $40 million a year in shipping costs would be saved from the move, according to the company. The new plant, is part of a broader strategy […] Read more

Apple’s new products, upcoming releases and iOS glitches

Apple is expected to release fourth-quarter earnings on Oct. 28. The company said last month, that it estimates sales “to be near the high end of the previously provided range of $34 billion to $37 billion, and expects gross margin to be near the high end of the previously provided range of 36% to 37%”. […] Read more

U.S. partial government shutdown could slow economic recovery

Recovery in U.S. corporate profits this year could be slowing after third-quarter earnings growth decreased and the federal government’s shutdown hindered trade and threatened to impede consumer spending. Payroll taxes weighed on shoppers at retailers such as Wal-Mart Stores Inc., and industrial companies such as Caterpillar Inc. experienced dropping sales with limited options of cost-cutting. […] Read more

Royal Mail stock surged on company’s debut at LSE

Investors supported the criticised as underpriced, stock of the Royal Mail on Friday, in one of Britains highest-profile privatizations in years. Shares in the more than 360 years old postal service operator surged by as much as 38% on Friday after debuting on the London Stock Exchange (LSE). As institutions were scrambling to buy shares […] Read more

US stocks closed at October highest amid debt ceiling negotiations

U.S. stocks climbed Friday, with Standard & Poors 500 reaching 20 days highest level, on investors optimism that lawmakers were making progress toward an agreement on raising the debt limit to avoid a default. The Dow Jones Industrial Average gained 111.04 points, or 0.7%, to 15,237.11. The S&P 500 added 10.64 points, or 0.6%, to […] Read more

US stock index futures almost unchanged amid debt ceiling talk

U.S. stock-index futures remain calm with no sharp changes, following the largest gain since January for the Standard & Poor’s 500 Index, as lawmakers continued talks to raise the government’s debt limit to avoid a default. S&P 500 futures expiring in December advanced 0.1% to 1,686.5 at 7:40 a.m. in New York. Contracts on the […] Read more

Toyota hydrogen car to debut at next month’s Tokyo Motor Show

Toyota Motor Corp. has longly awaited hydrogen car – an alternative to gasoline for powering autos – will soon appeal to consumers with its fuel cell-powered engine. In order to demonstrate the advancement in hydrogen fuel cell technology, Toyota did test drives of a small, prototype sedan in Japan this week. A similar type of […] Read more