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Stock Market News

Dow Reverses Early Losses, Closes Down 173
Dow Reverses Early Losses, Closes Down 173
By International Business Times - Oct 15, 2014

By Jessica Menton - U.S. stocks closed in the red on Wednesday after a volatile trading session, but managed to recover from deep losses sustained in the day's early trading amid concerns of slowing ...

Major indexes end down, but well off session lows
Major indexes end down, but well off session lows
By Reuters - Oct 15, 2014

By Caroline Valetkevitch NEW YORK (Reuters) - U.S. stocks fell on Wednesday on continued worries about weak global demand, but managed to close well above session lows that briefly pushed the ...

eBay trims 2014 revenue outlook amid economic fears
eBay trims 2014 revenue outlook amid economic fears
By Reuters - Oct 15, 2014

By Deepa Seetharaman SAN FRANCISCO (Reuters) - EBay Inc (NASDAQ:EBAY) trimmed its full-year revenue forecast on Wednesday, signaling a weaker-than-expected holiday shopping season for the ...

Wal-Mart cuts full-year sales growth forecast
Wal-Mart cuts full-year sales growth forecast
By Reuters - Oct 15, 2014

(Reuters) - Wal-Mart Stores Inc (N:WMT) cut its full-year sales growth forecast, hurt by a stronger dollar and a bigger-than-expected impact from the cut in the government food stamp program last ...

Bank of America moves past worst legal costs, posts loss
Bank of America moves past worst legal costs, posts loss
By Reuters - Oct 15, 2014

By Peter Rudegeair and Tanya Agrawal (Reuters) - Bank of America Corp (N:BAC) said on Wednesday that it has moved past the worst of its legal settlements linked to the financial crisis, after its ...

Earnings could halt stock selloff in U.S. conglomerates
Earnings could halt stock selloff in U.S. conglomerates
By Reuters - Oct 15, 2014

By Lewis Krauskopf (Reuters) - Investors who have endured a four-month selloff in shares of large U.S. manufacturers will be looking for solid revenue growth and order trends in third-quarter ...

BlackRock profit jumps 26 percent in third quarter
BlackRock profit jumps 26 percent in third quarter
By Reuters - Oct 15, 2014

By Jessica Toonkel (Reuters) - BlackRock Inc (N:BLK), the world's largest money manager, said on Wednesday that third-quarter earnings rose 26 percent, boosted by an improved performance of its...