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Stock Market News

Whirlpool wins first trial over 'moldy' washers
Whirlpool wins first trial over 'moldy' washers
By Reuters - Oct 30, 2014

By Jessica Dye NEW YORK (Reuters) - Whirlpool Corp was found not liable Thursday by a U.S. jury in the first lawsuit to go to trial accusing the company of selling front-loading washing machines ...

MasterCard profit beats driven by international business
MasterCard profit beats driven by international business
By Reuters - Oct 30, 2014

By Amrutha Gayathri and Tanya Agrawal (Reuters) - MasterCard Inc (N:MA) reported a better-than-expected 15.5 percent jump in quarterly profit as efforts to expand its international business pay off,...

Thomson Reuters financial products sales improve
Thomson Reuters financial products sales improve
By Reuters - Oct 30, 2014

By Jennifer Saba NEW YORK (Reuters) - Thomson Reuters Corp on Thursday said more clients of its Financial & Risk business added new products than canceled, the first time since 2008 that net sales...

M&A Activity Regaining Pre-Crisis Health
M&A Activity Regaining Pre-Crisis Health
By International Business Times - Oct 30, 2014

By Jessica Menton - Dykema, a Detroit-based law firm, released its tenth annual M&A Outlook Survey for 2014 on Thursday, and the results suggest that this year’s merger-and-acquisition ...

ConocoPhillips quarterly profit up on asset sale
ConocoPhillips quarterly profit up on asset sale
By Reuters - Oct 30, 2014

(Reuters) - ConocoPhillips, the largest U.S. independent oil company, on Thursday reported a higher third-quarter profit as results were lifted by the sale of its Nigerian business. Profit was $2.7 ...

Barclays Sets Aside $800M For FX Probe, Q3 Profits Up
Barclays Sets Aside $800M For FX Probe, Q3 Profits Up
By International Business Times - Oct 30, 2014

By Reuters - Barclays Plc has set aside 500 million pounds to cover potential fines for manipulating currency markets, taking the shine off a rise in third quarter profits as it cut costs. The ...

Asia stocks fall, dollar surges on Fed's hawkish twist
Asia stocks fall, dollar surges on Fed's hawkish twist
By Reuters - Oct 30, 2014

By Shinichi Saoshiro TOKYO (Reuters) - Asian stocks were mostly lower and the dollar surged to a three-week high versus the yen after the U.S. Federal Reserve ended its massive quantitative easing ...