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Stock Market News

 
Britain's Barclays to sell Spanish assets to Caixabank
Britain's Barclays to sell Spanish assets to Caixabank
By Reuters - Sep 01, 2014

MADRID (Reuters) - Barclays is selling its Spanish retail and corporate banking operations to Caixabank, the two companies said on Sunday, as the British bank starts shrinking its struggling European...

China banks seek new lending horizons as bad debts rise
China banks seek new lending horizons as bad debts rise
By Reuters - Aug 31, 2014

By Engen Tham and Lawrence White SHANGHAI/HONG KONG (Reuters) - Grappling with a slowing economy, China's biggest banks are turning their back on mainstay borrowers like manufacturers and courting ...

Passive funds an active threat for Europe's fund managers
Passive funds an active threat for Europe's fund managers
By Reuters - Aug 31, 2014

By Simon Jessop and Nishant Kumar LONDON (Reuters) - Warren Buffett built a fortune of nearly $60 billion from astute stock picking, but when the 83-year-old dies, the vast majority of the money he ...

Novartis' New Heart Drug Cuts Cardiovascular Death Risk By 20%
Novartis' New Heart Drug Cuts Cardiovascular Death Risk By 20%
By International Business Times - Aug 30, 2014

By J.J. McGrath - Novartis AG’s NYSE:NVS combination heart-failure drug LCZ696 made pulses race Saturday as the company released the final results of its comparative Paradigm-HF clinical trial. The ...

U.S. coal stocks could gain on Russia tension
U.S. coal stocks could gain on Russia tension
By Reuters - Aug 30, 2014

By Akane Otani NEW YORK (Reuters) - Beaten-down U.S. coal company stocks may receive a lift in coming weeks if deteriorating relations between Russia and the West push President Vladimir Putin to shut...

S&P 500 edges up to set new record; best month since Feb
S&P 500 edges up to set new record; best month since Feb
By Reuters - Aug 29, 2014

By Chuck Mikolajczak NEW YORK (Reuters) - U.S. stocks closed out a strong month on a quiet note on Friday, with the S&P 500 posting a modest gain to close at a new record as the latest positive ...