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Stock Market News

Marlboro-Maker Philip Morris Cuts Earnings Outlook
Marlboro-Maker Philip Morris Cuts Earnings Outlook
By International Business Times - Jun 26, 2014

By Greg Morcroft - A stronger U.S. dollar and the growing popularity of e-cigarettes forced tobacco giant Philip Morris International Inc (NYSE:PM) to cut its earnings outlook for ...

Bank Of America To Cut Jobs At Charlotte Unit
Bank Of America To Cut Jobs At Charlotte Unit
By International Business Times - Jun 26, 2014

By Reuters - Bank of America Corporation (NYSE:BAC) is laying off 540 workers at its loss-making legacy assets and servicing business, which handles delinquent mortgage loans. The...

Two More Charged By US In IBM Insider Trading Case
Two More Charged By US In IBM Insider Trading Case
By International Business Times - Jun 26, 2014

By Reuters -  U.S prosecutors in Manhattan announced charges Wednesday against two men they said participated in a ring of information-sharing that led to illegal trading in a ...

New York AG To File Fraud Suit Against Barclays: Source
New York AG To File Fraud Suit Against Barclays: Source
By International Business Times - Jun 25, 2014

By Reuters - The New York Attorney General is set to file a securities fraud lawsuit against Barclays (LONDON:BARC) for misrepresenting the safety of its U.S.-based alternative ...

Barnes & Noble Finally Breaks Up With Nook
Barnes & Noble Finally Breaks Up With Nook
By International Business Times - Jun 25, 2014

By Christopher Zara - In its starkest admission yet that it can’t beat Amazon.com Inc (NASDAQ:AMZN) by trying to imitate Amazon, Barnes & Noble Inc (NYSE:BKS) is getting out of the...

Toyota Prices Its Hydrogen Green Machine
Toyota Prices Its Hydrogen Green Machine
By International Business Times - Jun 25, 2014

By Angelo Young - Toyota Motor Corp (NYSE:TM) has taken a different route in the quest for zero-emission driving, one that electric car innovator Elon Musk, CEO of Tesla Motors Inc...