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Stock Market News

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 ...

Samsung Reports Lowest Quarterly Profit Since 2011
Samsung Reports Lowest Quarterly Profit Since 2011
By International Business Times - Oct 30, 2014

By Morgan Winsor - A drop in smartphone earnings has hauled down profit for Samsung Electronics Co. Ltd for what could be its worst year since 2011. The world’s largest smartphone maker saw its ...

Faulty Takata air bags may not be replaced for months
Faulty Takata air bags may not be replaced for months
By Reuters - Oct 30, 2014

WASHINGTON (Reuters) - U.S. safety regulators do not expect Japanese auto parts maker Takata Corp to be able to fully supply replacement parts for millions of defective air bags until January or ...

Visa sees mobile payment as big growth driver
Visa sees mobile payment as big growth driver
By Reuters - Oct 29, 2014

By Tanya Agrawal (Reuters) - Visa Inc (N:V) reported a better-than-expected adjusted quarterly profit and said the mobile payment industry would be "a great driver" for business, sending its shares up...

Allstate profit beats estimates as premiums rise
Allstate profit beats estimates as premiums rise
By Reuters - Oct 29, 2014

By Avik Das (Reuters) - Allstate Corp (N:ALL), the largest publicly traded home and auto insurer in the United States, reported a higher-than-expected quarterly profit as it earned more premiums. The...

MetLife beats profit estimates as premiums rise
MetLife beats profit estimates as premiums rise
By Reuters - Oct 29, 2014

(Reuters) - MetLife Inc (N:MET), the largest U.S. life insurer, reported a better-than-expected quarterly profit, helped by higher premiums and gains tied to its derivatives program. The company's ...

Wall St. ends with modest decline after Fed
Wall St. ends with modest decline after Fed
By Reuters - Oct 29, 2014

By Ryan Vlastelica NEW YORK (Reuters) - U.S. stocks closed with slight losses on Wednesday, finishing off their lows of the session, after the Federal Reserve ended its stimulative monthly ...

Keystone XL Fight Ramps Up In South Dakota
Keystone XL Fight Ramps Up In South Dakota
By International Business Times - Oct 29, 2014

By Maria Gallucci - As the Obama administration delays its decision on the Keystone XL pipeline, the battle over whether to build—or block—the proposed conduit is ramping up in the states. In South ...

Chrysler recalling 381,876 Ram trucks for fire hazard
Chrysler recalling 381,876 Ram trucks for fire hazard
By Reuters - Oct 29, 2014

DETROIT (Reuters) - Fiat Chrysler Automobiles NV's (MI:FCHA) (N:FCAU) Chrysler Group said on Wednesday it is recalling 381,876 Ram trucks mostly in the United States to correct a potential fire ...