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Stock Market News

Asia stocks slip as China service data sours mood
Asia stocks slip as China service data sours mood
By Reuters - Aug 05, 2014

By Shinichi Saoshiro and Hideyuki Sano TOKYO (Reuters) - Asian stocks slipped on Tuesday after a survey showed China's services sector growth fell to a record low, pouring ...

China Raids Mercedes-Benz Office in Shanghai
China Raids Mercedes-Benz Office in Shanghai
By International Business Times - Aug 05, 2014

By Matt Schiavenza - The South China Morning Post has reported that Chinese investigators raided Mercedes-Benz' Shanghai office on Monday morning as part of a broader anti-monopoly...

AIG profit rises, beats estimates on strong growth
AIG profit rises, beats estimates on strong growth
By Reuters - Aug 04, 2014

(Reuters) - Insurer American International Group Inc (N:AIG) reported a better-than-expected 12.5 percent rise in quarterly profit, helped by strong performance across its major ...

Model S Dissed, Then Dusted By A Lambo
Model S Dissed, Then Dusted By A Lambo
By International Business Times - Aug 04, 2014

By Angelo Young - Tesla Motors Inc. NASDAQ:TSLA has been on a spending spree as it ambitiously spreads its global footprint and prepares for the release of its all-electric Model X...

Late surge lifts Wall Street; utilities sag
Late surge lifts Wall Street; utilities sag
By Reuters - Aug 04, 2014

By Akane Otani NEW YORK (Reuters) - Stocks closed higher on Monday, lifted in a late rally driven by earnings from Warren Buffett's Berkshire Hathaway and broad gains across...

Airbus wins 980 gross orders, 705 net in Jan-July
Airbus wins 980 gross orders, 705 net in Jan-July
By Reuters - Aug 04, 2014

By Tim Hepher PARIS (Reuters) - Airbus (PA:AIR) overtook Boeing (N:BA) in unadjusted aircraft orders for 2014 after last month's Farnborough Airshow, but continued to lag ...