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Stock Market News

Is Another Flash Crash Looming Just Around The Corner?
Is Another Flash Crash Looming Just Around The Corner?
By International Business Times - May 07, 2014

By Jessica Menton - Tuesday marks the fourth anniversary of the "Flash Crash" of May 6, 2010, when the Dow Jones Industrial Average plummeted more than 700 points in minutes, at one point dropping ...

Tesla’s First Quarter: What To Look For
Tesla’s First Quarter: What To Look For
By International Business Times - May 06, 2014

By Angelo Young - Tesla Motors Inc (NASDAQ:TSLA) has emerged as the first luxury-level electric sedan maker with the potential to move beyond boutique-automaker to the world’s only mass-producer of ...

Twitter Shares Plummet 12 Percent
Twitter Shares Plummet 12 Percent
By International Business Times - May 06, 2014 1

By Reuters - Shares of Twitter Inc (NYSE:TWTR) fell more than 12 percent in morning trading on Tuesday after the expiration of a six-month "lock-up" period for early investors that had restricted the ...

Office Depot Closing 400 US Stores
Office Depot Closing 400 US Stores
By International Business Times - May 06, 2014

By Reuters - Office Depot Inc (NYSE:ODP) raised its forecast for full-year adjusted operating income and said it would close at least 400 stores in the United States over two years, sending the office...

Cathay Pacific Crews Rebel Against 'Sexy' Uniforms
Cathay Pacific Crews Rebel Against 'Sexy' Uniforms
By International Business Times - May 05, 2014

By Dennis Lynch - Cathay Pacific (HK:0293) flight attendants want their uniforms redesigned since they are "too sexual" and invite harrasment from passengers. The Flight Attendants Union says the ...

Fiat Chrysler Expected To Revamp Alfa Romeo
Fiat Chrysler Expected To Revamp Alfa Romeo
By International Business Times - May 06, 2014

By Sneha Shankar - Fiat Chrysler, the world's seventh-largest carmaker, will invest billions to develop its Jeep and struggling premium sports car brand Alfa Romeo to compete more effectively against ...

Bayer Paying $14.2B For Merck's Consumer Care Business
Bayer Paying $14.2B For Merck's Consumer Care Business
By International Business Times - May 06, 2014

By Mike Obel - Bayer AG NA (XETRA:BAYGN) said Tuesday it will pay $14.2 billion for the consumer care business of Merck & Co. Inc. (NYSE:MRK), giving the giant German chemical and pharmaceutical ...

Source: Credit Suisse To Pay $1.6B In US Tax Probe
Source: Credit Suisse To Pay $1.6B In US Tax Probe
By International Business Times - May 05, 2014

By Reuters - Credit Suisse Group AG (VTX:CSGN) is in talks with the U.S. Justice Department to pay as much as $1.6 billion to resolve an investigation into the bank's role in helping Americans evade ...