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Stock Market News

EBay, Icahn End Proxy Fight
EBay, Icahn End Proxy Fight
By International Business Times - Apr 10, 2014

By Reuters - NEW YORK (Reuters) - EBay Inc. and Carl Icahn have ended their proxy fight, with the activist investor dropping his proposal that the e-commerce company split off ...

Low Trading Revenue Likely To Weigh On JPMorgan's Q1
Low Trading Revenue Likely To Weigh On JPMorgan's Q1
By International Business Times - Apr 10, 2014

By Sophie Song - JPMorgan Chase & Co. NYSE:JPM, the nation’s biggest bank by assets, is expected to report a 11.2 percent decrease in earnings per share in the first quarter of the...

In Q1, Wells Fargo's Cost Cutting Should Shine
In Q1, Wells Fargo's Cost Cutting Should Shine
By International Business Times - Apr 10, 2014

By Moran Zhang - Wells Fargo & Co. NYSE:WFC, a bellwether for the mortgage and housing sector, is expected to report a rise in profit in the first quarter of 2014, largely from ...

Bank Of America To Pay $783M In Refunds, Fines
Bank Of America To Pay $783M In Refunds, Fines
By International Business Times - Apr 10, 2014

By Sneha Shankar - Bank of America Corp NYSE:BAC on Wednesday agreed to pay about $783 million in refunds to customers and fines to federal regulators, to settle claims that the ...

P & G Sells Pet Food Brands To Mars For $2.9B
P & G Sells Pet Food Brands To Mars For $2.9B
By International Business Times - Apr 09, 2014

By Reuters - Procter & Gamble Co is selling the bulk of its pet food business to Mars Inc for $2.9 billion to focus more on its personal care and cleaning brands, the companies ...

HP To Pay $108M To Settle US Corruption Probe
HP To Pay $108M To Settle US Corruption Probe
By International Business Times - Apr 09, 2014

By Reuters - SAN FRANCISCO (Reuters) - Hewlett-Packard will pay $108 million and agreed to take on certain reporting and compliance obligations to settle a Justice Department and ...