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Stock Market News

BNY Mellon to shut derivatives sales, trading business
BNY Mellon to shut derivatives sales, trading business
By Reuters - Sep 30, 2014

(Reuters) - Bank of New York Mellon Corp (N:BK) will exit the derivatives sales and trading business that operates as part of the company's global markets group. "Global Markets will offer a modified...

Venezuela-Exxon arbitration ruling due this week: sources
Venezuela-Exxon arbitration ruling due this week: sources
By Reuters - Sep 30, 2014

By Marianna Parraga HOUSTON (Reuters) - The World Bank arbitration tribunal will give its final award ruling this week on a multibillion- dollar claim by Exxon Mobil Corp against Venezuela over the ...

Why American IPOs Raised $41.7 Billion This Quarter
Why American IPOs Raised $41.7 Billion This Quarter
By International Business Times - Sep 30, 2014

By Kathleen Caulderwood - Amid worries about a growing number of tax inversions sending American companies abroad to buy foreign companies to lower their tax bills, new data shows that some deals are ...

Airbus wins European approval for its new A350 jet
Airbus wins European approval for its new A350 jet
By Reuters - Sep 30, 2014

By Tim Hepher PARIS (Reuters) - Planemaker Airbus won European safety approval on Tuesday for the A350, clearing the main regulatory hurdle before its newest and most technically advanced jet can ...

Ford Knocks $2B Off Its Profit Forecast
Ford Knocks $2B Off Its Profit Forecast
By International Business Times - Sep 30, 2014

By Angelo Young - Ford Motor Company's (NYSE:F) stock was trading down before markets opened Tuesday following a nearly 8 percent drop in share price on Monday after the company said pretax earnings ...

Lufthansa pilots' 15-hour strike affects 9,000 travelers
Lufthansa pilots' 15-hour strike affects 9,000 travelers
By Reuters - Sep 30, 2014

FRANKFURT (Reuters) - Lufthansa pilots threatened further strike action on Tuesday as they began a 15 hour walkout at Frankfurt airport in a row with management over retirement benefits that stretches...

SoftBank considers stake in Legendary Pictures: report
SoftBank considers stake in Legendary Pictures: report
By Reuters - Sep 30, 2014

TOKYO (Reuters) - Japan's SoftBank Corp (T:9984) has been in talks to take a minority stake in privately held movie studio Legendary Pictures, entertainment trade publication The Hollywood Reporter ...