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Stock Market News

Deutsche Bank reshuffles management board, names new CFO
Deutsche Bank reshuffles management board, names new CFO
By Reuters - Oct 28, 2014

FRANKFURT (Reuters) - Deutsche Bank (DE:DBKGn) will reshuffle top management by naming Marcus Schenck, former finance chief at energy group E.ON (DE:EONGn) and Goldman Sachs banker, as chief financial...

U.S. stocks rally on earnings; Dow up 1.12%
U.S. stocks rally on earnings; Dow up 1.12%
By Investing.com - Oct 28, 2014

Investing.com - Upbeat third-quarter earnings sent broader U.S. stock indices gaining on Tuesday despite hit-or-miss data. At the close of U.S. trading, the Dow 30 rose 1.12%, the S&P 500 index ...

Elon Fires Back Over Tesla Sales Numbers
Elon Fires Back Over Tesla Sales Numbers
By International Business Times - Oct 28, 2014

By Angelo Young - Tesla Motors CEO Elon Musk fired back at the Wall Street Journal on Tuesday, taking umbrage at the newspaper’s insinuation that the company’s recently announced lease ...

Wall St. jumps 1 percent, S&P ends above key level
Wall St. jumps 1 percent, S&P ends above key level
By Reuters - Oct 28, 2014

By Ryan Vlastelica NEW YORK (Reuters) - U.S. stocks rose more than 1 percent on Tuesday, with the S&P 500 ending above its 50-day moving average for the first time in almost a month as strong ...

JetBlue Gets Fresh With Mint Service To San Francisco
JetBlue Gets Fresh With Mint Service To San Francisco
By International Business Times - Oct 28, 2014

By Ismat Sarah Mangla - JetBlue, the discount carrier famous for its egalitarian approach to flying, is jumping deeper into the premium market. The airline added a new route for its upscale "Mint" ...

IBM adds $5 billion to share buyback program
IBM adds $5 billion to share buyback program
By Reuters - Oct 28, 2014

(Reuters) - IBM Corp (N:IBM) said its board had approved a $5 billion share buyback in addition to the $1.4 billion remaining from its existing program. The company has been criticized for pursuing ...

Consumer Reports Slams US Cars
Consumer Reports Slams US Cars
By International Business Times - Oct 28, 2014

By Angelo Young - The latest Jeep Cherokee, Ram pickup and Fiat 500L dragged Fiat-Chrysler Automobiles to the bottom of the list of this year’s Consumer Reports survey of new-model vehicle ...

Madison Square Garden Exploring Plan To Split Into Two
Madison Square Garden Exploring Plan To Split Into Two
By International Business Times - Oct 28, 2014

By Jessica Menton - The Madison Square Garden Co. NASDAQ:MSG saw its shares soar over 10 percent Tuesday after the company’s board of directors unanimously approved a plan to explore a possible ...

Venezuela Backs Off Plans To Sell Citgo
Venezuela Backs Off Plans To Sell Citgo
By International Business Times - Oct 28, 2014

By Brianna Lee - After months of hunting for buyers for Venezuela’s U.S. oil subsidiary, Citgo, Caracas is scrapping plans for the sale. Venezuela’s finance minister confirmed the news to ...