Wall Street
European stocks mixed as London hits five-year high
Feb 20, 2013 07:41 EST
European stock markets diverged on Wednesday, with London rallying on an increasing prospect of more cash stimulus from the Bank of England, while Paris dropped on profit taking, analysts said.
Asian markets mostly up after Wall St, Europe gains
Feb 20, 2013 06:11 EST
Asian markets mostly climbed on Wednesday, with dealers taking a positive cue from Wall Street and Europe, following a surge in investor confidence in eurozone powerhouse Germany.
European stocks advance as G20 ministers gather
Feb 15, 2013 10:22 EST
Europe's main stock markets advanced on Friday while the dollar and euro rose against the yen as Group of 20 finance ministers met amid growing talk of "currency wars".
Asian shares mixed on eurozone fears, G20 eyed
Feb 15, 2013 05:53 EST
Asian stocks were mixed while the euro eased on Friday as data showed the eurozone slipped deeper into recession at the end of last year, while markets await the start of a Group of 20 meeting in Russia.
US judge tosses some shareholder lawsuits
Feb 14, 2013 10:06 EST
A US federal judge on Wednesday tossed out claims by some Facebook shareholders that the social network wasn't candid enough about risks faced by the company when it made its stock market debut.
Thomson Reuters to cut 2,500 jobs in finance unit
Feb 13, 2013 16:27 EST
Global media and financial information group Thomson Reuters said on Wednesday it would cut 2,500 jobs in its risk division by the end of the year as part of a cost-cutting drive.
Thomson Reuters to cut jobs in finance unit
Feb 13, 2013 12:23 EST
Global media group Thomson Reuters said on Wednesday that it would cut 2,500 jobs in its financial products division by the end of the year as part of a cost-cutting drive.
Thomson Reuters swings to profit, tops forecast
Feb 13, 2013 11:26 EST
The financial news and information firm Thomson Reuters reported Wednesday its profit for the fourth quarter was $372 million, and said its rebound was on target.
London FTSE loses 0.24% at open
Feb 13, 2013 03:43 EST
London shares fell at the open on Wednesday as European markets diverged following overnight losses in Tokyo and mixed trade on Wall Street.
Dow hits fresh five-year high ahead of Obama speech
Feb 12, 2013 17:21 EST
The Dow blue-chip stock index climbed back above 14,000 to a fresh five-year high Tuesday as markets awaited President Barack Obama's State of the Union address.
Big investment fund joins opposition to Dell buyout
Feb 12, 2013 15:39 EST
The large investment firm T. Rowe Price said Tuesday it was opposing Dell's proposed $24.4 billion private equity buyout, saying the offer "does not reflect the value" of the tech giant.
Soderbergh cheered at Berlin fest for 'final' movie
Feb 12, 2013 13:05 EST
Steven Soderbergh said goodbye to directing, and the Berlinale which has hosted him more often than any other film festival, with the taut thriller "Side Effects" that drew cheers Tuesday.
FTSE falls at open
Feb 12, 2013 04:13 EST
London equities fell as markets opened on Tuesday following losses on Wall Street and after closing higher the previous day amid signs of recovery in the global economy.
Dell claims buyout in shareholders' 'best interests'
Feb 11, 2013 16:49 EST
Dell said Monday its proposed $24.4 billion private equity buyout plan is "in the best interests of stockholders," brushing aside criticism from a key investor that it undervalues the tech giant.
Buyout plan 'grossly undervalues' Dell: shareholder
Feb 08, 2013 17:54 EST
An investment firm claiming to be the largest outside shareholder in Dell said Friday the proposal to take the firm private for $24.4 billion "grossly undervalues" the computer maker.
European stocks rise on upbeat Chinese, US data
Feb 08, 2013 13:16 EST
European stock markets rose on Friday but the euro slipped against the dollar as investors took heart from upbeat Chinese and US economic data and EU leaders agreed on a seven-year budget for the 27-member union.
European stocks diverge after rate calls
Feb 07, 2013 10:49 EST
European stocks diverged and the euro fell sharply against the dollar Thursday after the ECB held its key rate despite calls by France and others for looser monetary policy.
News Corp doubles profit, gears up for split
Feb 06, 2013 18:07 EST
News Corp said Wednesday it is on track to complete the split of the media-entertainment conglomerate by June, as the company reported a jump in profits from its accounting of broadcast operations.
News Corp doubles profit to $2.38 bn
Feb 06, 2013 17:07 EST
Rupert Murdoch's News Corp said Wednesday its profit in the just-ended quarter more than doubled to $2.38 billion, helped by a reorganization that brings in results from global broadcasting units.
Obama picks female business executive for Interior
Feb 06, 2013 17:04 EST
US President Barack Obama, under pressure over a lack of diversity in top cabinet appointments, on Wednesday picked business executive Sally Jewell to head the vast Interior Department.
