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Stock Market News

Julius Baer expects to settle U.S. tax case in months
By Reuters - Jul 21, 2014

By Joshua Franklin ZURICH (Reuters) - Julius Baer (VX:BAER) expects to strike a deal with U.S. authorities in a matter of months to settle a criminal investigation into the Swiss bank's role in ...

Asian shares dip in holiday-thinned trade with Tokyo shut
By Investing.com - Jul 21, 2014

Investing.com - China's shares closed Monday slightly lower with Tokyo shut for a holiday and trading thin in Asia generally. The benchmark Shanghai Composite Index ended down 0.2% Oil and ...

European stocks decline in cautious trade; Dax down 0.44%
By Investing.com - Jul 21, 2014

Investing.com - European stocks were lower on Monday, as worries over ongoing tensions in Ukraine and the Gaza Strip continued to dampen risk sentiment. During European morning trade, the DJ Euro ...

Tesco ditches CEO for Unilever man after profit warning
By Reuters - Jul 21, 2014

By James Davey and Martinne Geller LONDON (Reuters) - Tesco (L:TSCO) is to ditch chief executive Philip Clarke and replace him with a turnaround specialist from Unilever (L:ULVR), ending a ...

McDonald’s, Yum Suspend Meat Purchase From Chinese Supplier
By International Business Times - Jul 21, 2014

By Kukil Bora - Two U.S. fast food chains, McDonald's Corporation (NYSE:MCD) and Yum! Brands Inc (NYSE:YUM), apologized to Chinese consumers Monday, stating that they will suspend meat purchases from ...

Barclays Employees Concerned About Dark Pools
By International Business Times - Jul 21, 2014

By Marcy Kreiter - Several Barclays (LONDON:BARC) employees voiced concerns to top executives about high-frequency traders getting too much access to its dark pool months before New York's attorney ...