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Stock Market News

GM Q2 Earning Report Will Spotlight Recall Costs
By International Business Times - Jul 23, 2014

By Angelo Young - General Motors Company (NYSE:GM) has recalled more vehicles this year than it sold over the last decade and on Thursday we’ll get a glimpse of how many billions of dollars the ...

No new 'Bond King' for Pimco when Gross reign ends
By Reuters - Jul 23, 2014

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 ...

UK fraud office liaising with China on GSK bribery case
By Reuters - Jul 23, 2014

By Kirstin Ridley LONDON (Reuters) - Britain's fraud office is working with authorities in China in a first for such Anglo-Chinese cooperation as it carries out its own investigation into alleged ...

Goldman Sachs says BES investment was on behalf of clients
By Reuters - Jul 23, 2014

LISBON (Reuters) - Goldman Sachs's (N:GS) 2.27 percent interest in Portugal's Banco Espirito Santo (LS:BES) was acquired on behalf of clients, the U.S. investment bank said in a statement on Wednesday...

Analysts Expect Huge Revenue Growth For Facebook's Q2
By International Business Times - Jul 23, 2014

By Thomas Halleck -Facebook Inc (NASDAQ:FB) is expected to report enormous second-quarter revenue growth as the world’s largest social network benefited from advertising tied to the recently completed...

Tanker charge tarnishes Boeing's second-quarter profit
By Reuters - Jul 23, 2014

By Sweta Singh (Reuters) - Boeing Co reported a 52 percent jump in quarterly profit, helped by higher commercial plane deliveries and one-time tax gains, but investors were spooked by rising costs ...

Apple pushes S&P 500 to record close; Boeing hits Dow
By Reuters - Jul 23, 2014

By Ryan Vlastelica NEW YORK (Reuters) - Stocks ended mostly higher on Wednesday, with the S&P 500 closing at a record on Apple's bullish results, though Boeing weighed on the Dow and ...

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 ...