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No new 'Bond King' for Pimco when Gross reign ends

By Thomas Atkins and Kathrin Jones FRANKFURT (Reuters) - When Bill Gross eventually retires as chief investment officer of California-based asset manager Pimco, his "Bond King" crown will go with him. Allianz ...

Wall St. mostly gains on earnings; biotechs rally
By Reuters - Jul 23, 2014

By Ryan Vlastelica NEW YORK (Reuters) - Stocks were largely higher on Wednesday, with the S&P 500 hitting another record high after bullish results from tech giants Apple and Microsoft, though ...

Delta Air quarterly profit rises, aided by U.S. demand
By Reuters - Jul 23, 2014

(Reuters) - Delta Air Lines (N:DAL) reported a higher second-quarter profit on Wednesday as it flew fuller planes and enjoyed higher passenger revenue in the United States and Europe. The ...

Dow Chemical net profit falls 62 percent
By Reuters - Jul 23, 2014

(Reuters) - Dow Chemical Co said its second-quarter net profit fell 62 percent from a year earlier, when it received $2.2 billion in damages from Kuwait's state chemical company for pulling out of a ...

PepsiCo reports Q2 EPS of $1.32, beats estimates for $1.23
By Investing.com - Jul 23, 2014

Investing.com - Beverage giant Pepsi reported better-than-expected second quarter earnings and revenue figures, it announced early Wednesday. Pepsico (NYSE:PEP) said earnings per share came in at ...

Fiat CEO says tie-up with Volkswagen was never on agenda
By Reuters - Jul 23, 2014

TURIN Italy (Reuters) - The chief executive of Fiat Chrysler on Wednesday quashed all speculation of a possible tie-up with Germany's Volkswagen saying the idea had never been on the agenda. A German...

Asian shares mostly higher with miners leading Australia
By Investing.com - Jul 23, 2014

Investing.com - Asian shares gained on Wednesday with mining firms in Australia leading that index higher. Australia's S&P/ASX 200 added 0.6% as regional sentiment was helped by a positive ...