Stock News

Airbus secured a major deal with Japan Airlines, entering Boeing’s market

Airbus announced it had won its first jet order from Japan Airlines today, breaking into the last major aviation market dominated by rival Boeing. The aicraft manufacturer entered Boeings “airspace” with a deal that involves the sale of 31 A350 aircraft to Japan Airlines and is worth $9.5 billion based on list prices. The first […] Read more

US stocks rose as default on federal debt could be escaped

U.S. stocks advanced, with the Standard & Poor’s 500 Index compensating for weekly decline, as optimism grew that the lawmakers would reach a deal to end the budget impasse and avoid a default on the federal debt. The S&P 500 added 0.7% to 1,690.50 at 4 p.m. in New York. The Dow Jones Industrial Average […] Read more

HTC opposes take-over amid share slump

Taiwanese smartphone producer HTC has taken a firm position against the idea of a takeover, said Cher Wang co-founder and chairperson of the company, which conceded its first-ever quarterly loss on Friday driven by slumping sales amid aggressive competition in the global handset market. “We dont need to be taken over,” Wang told CNBCs Managing […] Read more

US stock futures slightly rise, shutdown talks expected today

US stock-index futures rose, pointing out the Standard & Poors 500 index could trim its weekly decline as investors are focused on expected talks to end the government shutdown and raise the debt limit. S&P 500 futures expiring in December added 0.2% to 1,673.3 at 7:05 a.m. New York time as House Republicans prepared to […] Read more

Twitter files for IPO, reveals significant growth

Twitter has filed to become public, saying it will sell shares under the name “TWTR”. The IPO will initially seek to raise up to $1 billion. In its first public disclosure of financial performance, Twitter revealed it is growing revenue fast but still losing money. In a registration filing with the Securities and Exchange Commission, […] Read more

Samsung forecasts Q3 profit to rise 25%

Samsung Electronics Co estimated its July-September earnings rose 25% to a record $9.4 billion (10.1 trillion won) amid a strong recovery in memory chip prices which helped counter a slight slowdown in the South Korean companys smartphone business. The South Korean firm estimated its third-quarter sales rose to 59 trillion won, versus a market forecast […] Read more

US stocks fell the most in a month amid ISM data, shutdown

U.S. stocks fell, with the Standard & Poor’s 500 Index dropping the most in a month, as data showed weaker-than-forecast growth in service industries and concern over partial government shutdown. The S&P 500 lost 0.9% to 1,678.66 at 4 p.m. in New York, its steepest slide since Aug. 27. The Dow Jones Industrial Average fell […] Read more

Dell’s PC division bets on new Venue tablets

Dell took a big step in unveiling a new family of tablets and new laptops, including a two-in-one Ultrabook. The Dell Venue line of tablets is comprised of four new thin models designed to comply with everyday lifestyle. Dell’s “damn sexy” tablets, as described by leading Enderle Group analyst, Rob Enderle, deliver leading performance and […] Read more

US stock-index futures retreat amid third day of shutdown

U.S. stock-index futures slipped, hinting the Standard & Poor’s 500 Index will drop for a second day, as budget talks between President Barack Obama and congressional leaders struggled to reach progress. S&P 500 futures expiring in December lost 0.3% to 1,678.5 at 12:30 p.m. in London after the benchmark gauge slipped 0.1% yesterday. The index […] Read more

Tesla stock dropped 6% due to Model S driving accident

Tesla Motors Co shares sank 6% on Wednesday after an information of Model S catching on fire has been published by automotive blog after an accident on Tuesday morning just south of Seattle, Washington. The auto Web site Jalopnik.com posted photographs from a reader showing a Tesla Model S on fire. Shortly after the high-flying […] Read more