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Stock Market News

Boeing profit jumps 18 percent, but cash is scarce
Boeing profit jumps 18 percent, but cash is scarce
By Reuters - Oct 22, 2014

By Alwyn Scott (Reuters) - Boeing Co (N:BA) reported an 18 percent increase in quarterly profit and raised its full-year core earnings forecast for the third time, reflecting booming commercial ...

Glaxo Shares Up On Positive Earnings News
Glaxo Shares Up On Positive Earnings News
By International Business Times - Oct 22, 2014

By Kathleen Caulderwood - GlaxoSmithKline plc NYSE:GSK beat analysts' earnings expectations for its most recent quarter, and said Wednesday that it plans to reduce expenses by 1 billion pounds in the ...

Abbott Labs Profits Up On Growing Nutrition Business
Abbott Labs Profits Up On Growing Nutrition Business
By International Business Times - Oct 22, 2014

By Kathleen Caulderwood - Abbott Laboratories NYSE:ABT saw its third quarter revenue rise 5.8 percent to $5.1 billion thanks to strong sales of branded pharmaceuticals and nutrition goods, along with ...

Total names refining boss to replace de Margerie
Total names refining boss to replace de Margerie
By Reuters - Oct 22, 2014

By Michel Rose PARIS (Reuters) - French oil company Total (PA:TOTF) has appointed refining boss Patrick Pouyanne as chief executive to succeed Christophe de Margerie who was killed in a plane crash ...

Dow Chemical to cut $1 billion in costs over three years
Dow Chemical to cut $1 billion in costs over three years
By Reuters - Oct 22, 2014

By Swetha Gopinath (Reuters) - Dow Chemical Co (N:DOW), the No. 1 U.S. chemical maker by sales, said it was looking to cut fixed costs by $1 billion over the next three years, building on reductions...

Xerox revenue falls on lower printer sales
Xerox revenue falls on lower printer sales
By Reuters - Oct 22, 2014

(Reuters) - Xerox Inc (N:XRX) reported a 2 percent fall in quarterly revenue, hurt by slowing demand in its printing business. Revenue from the printing business fell 6 percent to $2.02 billion in ...

Dow Chemical rallies 5.8% after upbeat Q3 earnings report
Dow Chemical rallies 5.8% after upbeat Q3 earnings report
By Investing.com - Oct 22, 2014

Investing.com - The largest U.S. chemicals company Dow Chemical (NYSE:DOW) reported better-than-expected third quarter earnings and revenue figures ahead of Wednesday’s opening bell. Dow ...

European stocks mixed amid ECB stimulus talk; Dax up 0.45%
European stocks mixed amid ECB stimulus talk; Dax up 0.45%
By Investing.com - Oct 22, 2014

Investing.com - European stocks were mixed on Wednesday, despite reports that the European Central Bank is looking at widening its bond purchasing program to include corporate debt. During European ...

Wet European summer leaves Heineken beer sales short
Wet European summer leaves Heineken beer sales short
By Reuters - Oct 22, 2014

By Philip Blenkinsop BRUSSELS (Reuters) - Heineken (AS:HEIN), the world's third largest brewer, reported lower than expected beer sales in the third quarter as Europeans drank less during a wet ...