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Stock Market News

 
Warner Bros. Expected To Layoff Nearly 1,000 People
Warner Bros. Expected To Layoff Nearly 1,000 People
By International Business Times - Sep 18, 2014

By Sneha Shankar - Warner Bros. Entertainment is set to cut nearly 1,000 jobs worldwide in an effort to cut costs, Variety magazine reported Wednesday, citing senior company officials. The staff ...

Suzuki Motor to recall 453,000 minivehicles in Japan
Suzuki Motor to recall 453,000 minivehicles in Japan
By Reuters - Sep 18, 2014

TOKYO (Reuters) - Suzuki Motor Corp (T:7269) on Thursday issued a recall of 453,225 minivehicles in Japan to fix a defect in the blower fan motor of the air-conditioning unit that has resulted in ...

Alibaba IPO: Who WIns, Who Loses?
Alibaba IPO: Who WIns, Who Loses?
By International Business Times - Sep 18, 2014

By Mark Hanrahan - The IPO of the Chinese e-commerce giant Alibaba on Thursday will create big winners -- and losers. Here's a handy guide. Winner: Jack Ma As executive chairman of Alibaba, Jack Ma ...

Tesla Fans Beware: Sobering Report Ahead
Tesla Fans Beware: Sobering Report Ahead
By International Business Times - Sep 17, 2014

By Angelo Young - When Tesla (NASDAQ:TSLA) CEO Elon Musk announced his company’s $5 billion “Gigafactory” near Reno, Nevada, last month, he promised that the massive facility would help the electric ...

Wall Street edges higher after Fed; Dow sets record
Wall Street edges higher after Fed; Dow sets record
By Reuters - Sep 17, 2014

By Chuck Mikolajczak NEW YORK (Reuters) - U.S. stocks edged higher in volatile trading on Wednesday after the U.S. Federal Reserve renewed its pledge to keep interest rates near zero for a ...

Uniqlo expects profit at U.S. stores in 'couple of years'
Uniqlo expects profit at U.S. stores in 'couple of years'
By Reuters - Sep 17, 2014

(Reuters) - Japanese fashion retailer Uniqlo aims to turn a profit at its small but expanding U.S. network of stores within the next couple of years, the company's top U.S. executive, Larry Meyer, ...

Cheaper store brands eat into General Mills' profit
Cheaper store brands eat into General Mills' profit
By Reuters - Sep 17, 2014

By Ramkumar Iyer and Anjali Athavaley (Reuters) - General Mills Inc reported a lower-than-expected quarterly profit as the maker of Cheerios cereal and Betty Crocker cake mixes lost further ground ...

FedEx sees e-commerce driving record holiday season
FedEx sees e-commerce driving record holiday season
By Reuters - Sep 17, 2014

By Nick Carey CHICAGO (Reuters) - Package delivery company FedEx Corp should enjoy a record holiday peak season thanks to the continued rise of online consumer sales in the United States, company ...