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Stock Market News

Morgan Stanley profit jumps as trading activity rebounds
Morgan Stanley profit jumps as trading activity rebounds
By Reuters - Oct 17, 2014

By Tanya Agrawal and Lauren Tara LaCapra (Reuters) - Morgan Stanley (N:MS) reported an 87 percent rise in third-quarter earnings as the Wall Street bank's trading, investment banking and wealth...

Fourth U.S. traffic death linked to Takata air bags
Fourth U.S. traffic death linked to Takata air bags
By Reuters - Oct 17, 2014

By Ben Klayman and Barbara Liston DETROIT/ORLANDO (Reuters) - A fourth traffic death in a Honda Motor Co car has been linked to a defective air bag made by Japanese supplier Takata Corp, according to ...

Goldman curbs bankers' compensation even as revenue surges
Goldman curbs bankers' compensation even as revenue surges
By Reuters - Oct 17, 2014

By Lauren Tara LaCapra NEW YORK (Reuters) - Top Goldman Sachs Group Inc (N:GS) executives are determined to keep compensation costs under control. And that means even when the bank's revenue spikes ...

Europe rides rebound as global sell-off abates
Europe rides rebound as global sell-off abates
By Reuters - Oct 17, 2014

By Marc Jones LONDON (Reuters) - World stocks hit a nine-month low on Friday but oil and southern European bonds were off their week's worst levels, as investors began to dust themselves off after one...

Airbus to cut A330 production rate in 2015
Airbus to cut A330 production rate in 2015
By Reuters - Oct 17, 2014

BERLIN (Reuters) - Planemaker Airbus (PA:AIR) will cut production rates of its A330 plane to nine a month from 10 in the fourth quarter of 2015 as it switches to a revamped version of the jet, the ...