Media company Walt Disney Co pronounced larger revenue for the quarter that led to December, boosted by way of boom at sports activities network ESPN and the strong performance of its animated hit film “Frozen.” The corporate posted diluted revenue per share of $1.03, according to a statement launched on […]
Twitter Inc pronounced anemic user boom all through the final three months of 2013, sending shares sinking after its first quarterly document as a public company. It averaged 241 million month-to-month users, up just 3.eight % from the previous quarter – the lowest fee for the reason that Twitter started […]
NEW YORK (Reuters) – U.S. shares closed lower on Wednesday after the most recent batch of blended data didn’t make stronger sentiment following Monday's weak file on the manufacturing sector, which drove the S&P 500 to its worst drop making an allowance for June. Consistent with the most contemporary available […]
Through Ben Klayman and Bernie Woodall DETROIT (Reuters) – The top three U.S. retailers blamed extreme climate for poorer-than-expected auto gross sales in January, as analysts envisioned a rebound in February and March. U.S. automakers Ford Motor Co and General Motors Co and Japan’s Toyota Motor gross Sales USA noticed […]
By Lucia Mutikani NEW YORK (Reuters) – U.S. manufacturing task slowed sharply in January on the back of the biggest drop in new orders in 33 years whereas development spending barely rose in December, pointing to a few loss of steam within the economy. The Institute for Supply Management (ISM) […]
It seems like a common slowdown, although you don't know how much of this is climate related," said Paul Zemsky, head of asset allocation at ING Investment Management in New York. "Mix that with the fact rising market currencies continue to dump, and things don't seem to be too just […]
By using Caroline Valetkevitch NEW YORK (Reuters) – A selloff in rising markets sent a cold chill down Wall Street, triggering a slide on Friday and making January its worst month due to the fact May 2012 after one in all its perfect years in additional than a decade. For […]
And lots of warn that if China suffers a credit challenge as some worry, then things may get a complete lot worse. The sudden onslaught of market volatility in Turkey, Argentina, South Africa and Brazil, together with concerns about an abrupt slowdown in China, means corporations at the moment are […]
SEATTLE (Reuters) – Amazon.com Inc suggested close-to-anticipated gross sales for the the most important vacation quarter, with less boom than some had hoped for outside North The united states, pushing its shares down more than 9 % after hours. The arena's greatest Internet retailer, which has ceaselessly chipped away at […]
With the aid of Alexei Oreskovic SAN FRANCISCO (Reuters) – Google Inc's consolidated income beat Wall Street's goal within the fourth quarter whilst pricing for its on-line advertisements weakened right through the vacation season. Shares of Google, the sector's No.1 Web search engine, were essentially flat at $1136.94 in after […]
NEW YORK (Reuters) – Stocks soared on Thursday, helped by using positive aspects in Facebook and other tech corporations, in addition to information displaying the U.S. financial system was once on solid footing within the fourth quarter. The Dow Jones industrial reasonable shot up 109.eighty two points, or zero.70 percent, […]
BEIJING (Reuters) – China’s Commerce Ministry mentioned it had authorized U.S.-listed laboratory equipment maker Thermo Fisher Scientific Inc’s $thirteen.6 billion takeover of Life Applied sciences Corp , subject to sure stipulations. The prerequisites are that Thermo Fisher lower the prices of two types of its merchandise sold in China, sell […]
By using Alwyn Scott and Tim Kelly TOKYO/SEATTLE (Reuters) – Investigators in Japan are studying x-ray photography of a lithium-ion battery from when it left the factory, hoping these may shed some light on why it looked as if it would overheat on a Boeing 787 Dreamliner jet earlier this […]
By Soyoung Kim and Liana B. Baker NEW YORK (Reuters) – Charter Communications Inc reached out to Comcast Corp this week about teaming up to purchase Time Warner Cable Inc, after the larger rival rejected its $37.3 billion takeover bid, consistent with individuals aware of the subject. Charter approached Comcast […]
By means of Jim Finkle and Mark Hosenball BOSTON/WASHINGTON (Reuters) – Target Corp and Neiman Marcus are not the only U.S. retailers whose networks have been breached over the holiday buying season ultimate 12 months, in line with sources aware of assaults on different retailers that have yet to be […]