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Stock Market News

Wal-Mart CEO vows to end minimum wage pay in future
Wal-Mart CEO vows to end minimum wage pay in future
By Reuters - Oct 16, 2014

(Reuters) - Wal-Mart Stores Inc (N:WMT) plans to improve opportunities for its employees so that in the future there will no longer be a few thousand workers on its payroll making minimum wage, the ...

eBay, Wal-Mart warnings stir holiday sales concerns
eBay, Wal-Mart warnings stir holiday sales concerns
By Reuters - Oct 16, 2014

SAN FRANCISCO (Reuters) - EBay Inc (O:EBAY) on Wednesday joined Wal-Mart Stores Inc (N:WMT) in cutting its outlook for the all-important holiday season, suggesting that the fourth quarter may turn ...

Netflix's U.S. growth slows, shares plunge
Netflix's U.S. growth slows, shares plunge
By Reuters - Oct 16, 2014

By Lisa Richwine (Reuters) - Netflix Inc signed up fewer video streaming subscribers than forecast for the quarter that ended in September as its U.S. growth slowed markedly, sending its shares ...

EBay Earnings Lukewarm In Q3
EBay Earnings Lukewarm In Q3
By International Business Times - Oct 15, 2014

By Thomas Halleck - EBay Inc. NASDAQ:EBAY shares fell slightly after the company reported third-quarter earnings that missed Wall Street expectations for revenue on Wednesday. The e-commerce company ...

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 ...