Stock futures edge lower after Greek elections

U.S. stock index futures dipped on Monday after a victory by the leftist Syriza party in Greece raised concerns about new instability in the euro zone.

Stock Exchange

NY insider trading ruling tests prosecutors beyond Wall Street

A court ruling that sharply curtailed the ability of prosecutors including Manhattan U.S. Attorney Preet Bharara to pursue insider trading cases is increasingly testing regulators' abilities across the country.

Wall Street

IMF's Lagarde rules out special treatment for Greece

Greece must respect the euro zone's rules and cannot demand special treatment for its debt in the wake of the victory of anti-austerity party Syriza, International Monetary Fund chief Christine Lagarde said in a newspaper interview on Monday.

Christine Lagarde



Jobs & Career News

United Airlines fourth quarter profit falls short of expectations

United Airlines

United Continental Holdings Inc (UAL.N) said on Thursday that its profit was $28 million last quarter, falling short of analysts' estimates.

Hyundai Motor's biggest-ever dividend greeted with outlook concern


Hyundai Motor Co announced its biggest-ever dividend on Thursday to appease shareholders angered by a $10 billion property buy, but the payout failed to distract investors from growth prospects clouded by declines in the rouble and yen.

Futures edge lower after weak IBM results

Stock Exchange

U.S. stock index futures edged lower on Wednesday as IBM fell after the company gave a tepid outlook, though other high-profile names like Netflix and UnitedHealth rose on their results.

Oil inches above $48, outlook remains weak


Brent crude oil edged above $48 a barrel on Wednesday, consolidating after a drop in the previous session, although oversupply and the prospect of inventory rises make further weakness likely.

U.S. mortgage applications rise in latest week: MBA


Applications for U.S. home mortgages rose last week as mortgage rates continued to slide, bringing activity to a 17-month high for a second straight week, data from an industry group showed on Wednesday.


Lenovo's Motorola looks to take market share from China rivals

Motorola, the mobile handset maker bought by China's Lenovo Group Ltd (0992.HK) from Google Inc (GOOGL.O) for $2.9 billion, is optimistic about its prospects in the Chinese market, its president told Reuters.

Samsung Electronics

Samsung Electronics to be main chip supplier for next iPhone: South Korea paper

South Korea's Samsung Electronics Co Ltd (005930.KS) will be the main supplier of processors powering Apple Inc's (AAPL.O) next iPhone, Maeil Business Newspaper reported on Monday, citing unidentified sources in the semiconductor industry.

Assembly Line

Evaporating inflation and growth put pressure on central banks

Businesses across Asia and Europe have slashed prices at the start of the year to drum up trade, surveys showed on Friday, a day after the European Central Bank voted to print money in a bid to revive inflation.

Stock Market

Shares, bonds lifted by QE; oil up after Saudi king dies

Stocks and bonds surged worldwide and the euro sank to an 11- year-low on Friday, the day after the European Central Bank announced a quantitative easing plan. Oil rose following the death of the king of Saudi Arabia.


Oil jumps as Saudi king's death feeds market uncertainty

Oil prices rose on Friday after the death of Saudi Arabia's king added more uncertainty to an oil market that has more than halved over the last six months.

General Electric

GE profit rises, helped by power, aviation units

General Electric Co (GE.N) posted a rise in quarterly profit on Friday, helped by its businesses selling power-generating turbines and jet engines, although sales in its oil and gas unit slumped.

Wells Fargo

U.S. banks resign themselves to lower yields for longer

U.S. banks, after spending much of the last year bracing themselves for higher bond yields, are now resigning themselves to at least another few quarters of low rates, executives and analysts said

Stock Market

European shares hit seven-year high

European shares were at a seven-year high and the euro sat near an 11-year low on Thursday as the European Central Bank prepared to take the plunge into full-scale quantitative easing.

Euro Sign

A message from Davos: Quantitative easing alone won't solve Europe's ills

Financial markets have been obsessing for months about the timing, size and structure of a European Central Bank bond-buying program that seems likely to be unveiled on Thursday.


Verizon revenue rises as retail postpaid subscribers increase

Verizon Communications Inc's quarterly revenue rose 6.8 percent due to higher net addition of postpaid subscribers and a rise in average revenue per account as users added more devices to shared data plans.

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