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Stock Market News

Boeing profit jumps 18 percent, but cash is scarce
Boeing profit jumps 18 percent, but cash is scarce
By Reuters - Oct 22, 2014

By Alwyn Scott (Reuters) - Boeing Co (N:BA) reported an 18 percent increase in quarterly profit and raised its full-year core earnings forecast for the third time, reflecting ...

Glaxo Shares Up On Positive Earnings News
Glaxo Shares Up On Positive Earnings News
By International Business Times - Oct 22, 2014

By Kathleen Caulderwood - GlaxoSmithKline plc NYSE:GSK beat analysts' earnings expectations for its most recent quarter, and said Wednesday that it plans to reduce expenses by 1 ...

Abbott Labs Profits Up On Growing Nutrition Business
Abbott Labs Profits Up On Growing Nutrition Business
By International Business Times - Oct 22, 2014

By Kathleen Caulderwood - Abbott Laboratories NYSE:ABT saw its third quarter revenue rise 5.8 percent to $5.1 billion thanks to strong sales of branded pharmaceuticals and ...

Total names refining boss to replace de Margerie
Total names refining boss to replace de Margerie
By Reuters - Oct 22, 2014

By Michel Rose PARIS (Reuters) - French oil company Total (PA:TOTF) has appointed refining boss Patrick Pouyanne as chief executive to succeed Christophe de Margerie who was ...

Xerox revenue falls on lower printer sales
Xerox revenue falls on lower printer sales
By Reuters - Oct 22, 2014

(Reuters) - Xerox Inc (N:XRX) reported a 2 percent fall in quarterly revenue, hurt by slowing demand in its printing business. Revenue from the printing business fell 6 percent ...

Wet European summer leaves Heineken beer sales short
Wet European summer leaves Heineken beer sales short
By Reuters - Oct 22, 2014

By Philip Blenkinsop BRUSSELS (Reuters) - Heineken (AS:HEIN), the world's third largest brewer, reported lower than expected beer sales in the third quarter as Europeans drank less...