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Stock Market News

Wall St. rallied broadly as BOJ ramps up stimulus
Wall St. rallied broadly as BOJ ramps up stimulus

By Rodrigo Campos NEW YORK (Reuters) - The Dow industrials hit a record high on Friday as stocks rallied on Wall Street after the Bank of Japan significantly ramped up its stimulus program, just days after the Federal ...

 
Exxon quarterly profit rises 3 percent on refining
Exxon quarterly profit rises 3 percent on refining
By Reuters - Oct 31, 2014

(Reuters) - Exxon Mobil Corp (N:XOM), the world's largest publicly traded oil company, on Friday reported a 3 percent increase in quarterly profit on higher results in its refining and chemicals...

Continental AG CEO says Audi recall no threat to guidance
Continental AG CEO says Audi recall no threat to guidance
By Reuters - Oct 31, 2014

MUNICH (Reuters) - Continental (DE:CONG) said a fault with airbags installed at premium sportscar maker Audi could cost a double-digit million euro amount to fix, a sum which the German automotive ...

Wal-Mart to expand discounts as retail price war heats up
Wal-Mart to expand discounts as retail price war heats up
By Reuters - Oct 31, 2014

(Reuters) - Wal-Mart Stores Inc said it will expand its offering of discounted products during the holiday season and may broaden a price-matching scheme to include online rivals, in the latest sign ...

Starbucks Americas sales disappoint on softer traffic
Starbucks Americas sales disappoint on softer traffic
By Reuters - Oct 31, 2014

(Reuters) - Starbucks Corp's early re-launch of its popular Pumpkin Spice latte drink failed to heat up business at its U.S. cafes, disappointing Wall Street and sending the company's ...

World Bank to cut 500 jobs in some units as part of revamp
World Bank to cut 500 jobs in some units as part of revamp
By Reuters - Oct 31, 2014

By Anna Yukhananov WASHINGTON (Reuters) - The World Bank said it plans to cut 500 jobs over the next three years as part of a broad restructuring meant to make it more efficient but that has rattled...