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Stock Market News

Continental raises profit guidance as car demand recovers
By Reuters - Jul 31, 2014

BERLIN (Reuters) - German car parts and tyre maker Continental (DE:CONG) raised its full-year profit forecast for the second time in five months after second-quarter underlying earnings rose on ...

Plaintiffs Awarded $27M In McDonald's Texas Outlet Case
By International Business Times - Jul 31, 2014

By Sneha Shankar - McDonald's Corporation NYSE:MCD, which was sued by the families of two teenagers who claimed that inadequate security arrangements at one of its Texas outlets led to their deaths, ...

Layoffs At Apple Imminent After Record Acquisition: Report
By International Business Times - Jul 31, 2014

By Avaneesh Pandey - Apple Inc. NASDAQ:AAPL is planning to lay off about 200 people in the coming months following its acquisition of Beats Electronics, Bloomberg reported Thursday, citing unnamed ...

Amazon quickens push into tough local services market
By Reuters - Jul 31, 2014

By Deepa Seetharaman SAN FRANCISCO (Reuters) - Seattle audio and video technician Todd Mueller showed up last year for what might have been a routine job except for one thing: Amazon.com Inc (O:AMZN) ...

Apple to lay off about 200 people at Beats: Bloomberg
By Reuters - Jul 31, 2014

(Reuters) - Apple Inc intends to lay off about 200 people at Beats Electronics LLC following its $3 billion acquisition of the headphone and music streaming services company, Bloomberg cited a person ...

Whole Foods Q3 Earnings: Slide Continues With Sales Miss
By International Business Times - Jul 30, 2014

By Connor Adams Sheets - Whole Foods released its third-quarter earnings report Wednesday afternoon, posting a lower-than-expected comparable-store sales growth figure. But the company announced plans...

S&P 500, Nasdaq end up as Fed in no rush to raise rates
By Reuters - Jul 30, 2014

By Caroline Valetkevitch NEW YORK (Reuters) - The S&P 500 and Nasdaq ended higher on Wednesday after the Federal Reserve gave a rosier assessment of the U.S. economy while reaffirming that it is...