European stocks advance amid speculations of Fed delaying stimulus

October 21, 2013
European stocks advance amid speculations of Fed delaying stimulus

European stocks advanced, extending a five-year high for the Stoxx Europe 600 Index, amid investors’ speculation that the Federal Reserve will delay stimulus reductions until March. U.S. futures and Asian shares also rose. The Stoxx 600 advanced 0.1% to 318.67 at 8:07 a.m. in London, as three shares gained for […]

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Apple to battle lower cost tablets with new iPad

October 21, 2013
Apple to battle lower cost tablets with new iPad

Apple Inc. is adding a new model to its iPad series to battle a growing list of competitors, which manage to present their own tablets at lower prices with similar features. Chief Executive Officer Tim Cook will debut a high-definition iPad mini and a thinner iPad at a San Francisco […]

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Boeing slows 747 production amid slack demand

October 20, 2013
Boeing slows 747 production amid slack demand

Boeing Co. is notching down production of its 747-8 jumbo jet, the planemaker’s largest model, for the second time this year as demand continues to sink for four-engine aircraft. More airlines choose to fly slightly smaller twin-engine planes  in order to tighter cost management because they are easier to fill with […]

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US stock-indexes rise to record levels as shutdown is over amid corporate earnings season

October 19, 2013
US stock-indexes rise to record levels as shutdown is over amid corporate earnings season

U.S. stocks increased this the week, pushing the Standard & Poor’s 500 Index to a new record, as Congress reached a deal to end the budget lockdown and amid speculation over governemnt maintaining stimulus program. The Standard & Poor’s 500 Index added 2.4% to 1,744.50 this week, for the biggest […]

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US stock index futures slightly increased amid corporate earnings season

October 18, 2013
US stock index futures slightly increased amid corporate earnings season

U.S. stock-index futures were little changed after yesterday record high levels as a report showed China’s economy accelerated for the first time in three quarters and amid companies’ releases of their third quarter earnings. S&P 500 futures expiring in December added 0.1% to 1,729.5 at 7:48 a.m. in New York. […]

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European stocks advance amid China’s GDP, US debt ceiling relief

October 18, 2013
European stocks advance amid China’s GDP, US debt ceiling relief

European stocks increased for a seventh consecutive day which makes it their longest winning streak this year, as economic data from China showed the world’s second largest economy growth accelerated for the first time in three quarters. The Stoxx Europe 600 Index advanced 0.3% to 316.96 at 8:32 a.m. in […]

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Google Q3 earnings exceed forecasts, mobile transition in progress

October 18, 2013
Google Q3 earnings exceed forecasts, mobile transition in progress

The third-quarter results on Thursday comfortably exceeded expectations and produced a surge in investor enthusiasm as advertising is pushing company forward while mobile segment is yet to record its peak. Shares of the tech giant rose 8% in after-market trading reaching new record levels and bringing price $40 away from […]

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S&P 500 sets a new all-time high amid Q3 corporate earnings

October 18, 2013
S&P 500 sets a new all-time high amid Q3 corporate earnings

U.S. stocks advanced, pushing the Standard & Poor’s 500 Index to a new record high, amid speculation grew that the Federal Reserve will maintain the pace of stimulus and as companies release their earnings for the third quarter. S&P 500 pulled up to a fresh record, as many investors evaluate […]

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Goldman Sachs beats forecasts due to cutting costs

October 17, 2013
Goldman Sachs beats forecasts due to cutting costs

Goldman Sachs Group Inc., the world’s most profitable securities firm before the financial crisis, reported earnings that beat analysts’ expectations despite falling revenue. Third-quarter net income rose to $1.52 billion, or $2.88 a share, from $1.51 billion, or $2.85, a year earlier, the financial institution said today. Chief Executive Officer […]

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US stock index futures slightly lower despite debt ceiling agreement

October 17, 2013
US stock index futures slightly lower despite debt ceiling agreement

U.S. stock-index futures retreated after the Standard & Poor’s 500 Index closed near a record levels after Congress agreed to lift the debt limit, while companies keep posting third quarter earnings. S&P 500 futures expiring in December slid 0.1% to 1,711.0 at 7:44 a.m. in New York despite vote of […]

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