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Stock Market News

Siemens To Buy Rolls Royce's Energy Assets For $1.3B
Siemens To Buy Rolls Royce's Energy Assets For $1.3B
By International Business Times - May 07, 2014

By Sneha Shankar - Rolls Royce has agreed to sell its energy assets to Siemens AG (XETRA:SIEGn) for $1.3 billion to compete with rivals General Electric Company (NYSE:GE) and ABB Ltd (NYSE:ABB). The ...

Asian shares weaker as Nikkei leads region down
Asian shares weaker as Nikkei leads region down
By Investing.com - May 07, 2014

Investing.com - The Nikkei 225 fell 2.3% in morning trade Wednesday, hitting a three-week intraday low on a dim outlook for a weaker yen after the Bank of Japan in April minutes released today flagged...

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 ...