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Bank of America down Slightly on Quarterly Loss

Bank of America down Slightly on Quarterly Loss

Philadelphia, Pennsylvania – (StockNewsDesk) – 11/07/2014 — The unexpected legal costs stemming from investigations into Bank of America’s activities in the forex market resulted in BAC’s loss of $232 million in the third quarter.

Posted On 07 Nov 2014 , by

Walt Disney Mints Profits on Big Releases

Walt Disney Mints Profits on Big Releases

New York City, New York – (StockNewsDesk) – 11/07/2014 — Walt Disney reported profits and revenues that beat analysts’ expectations both for the fourth quarter and fiscal year. The company has produced and presented smashing hits at

Posted On 07 Nov 2014 , by

Economic Indicators, Tesla Motors Beat Wall Street Expectations

Economic Indicators, Tesla Motors Beat Wall Street Expectations

Eldon, Missouri – (StockNewsDesk) – 11/06/2014 — A slew of economic indicators performed better than the Street expectations. Additionally, the European Commission extended comments providing a boost to both US and European markets. EC

Posted On 06 Nov 2014 , by

Satellite TV Providers Impress Investors

Satellite TV Providers Impress Investors

Kokomo, IN – (StockNewsDesk) – 11/06/2014 — The United States’ largest satellite TV provider, DirecTV, reported that its third-quarter profits were better than analysts’ expectations. Sales of the company increased nearly 5.6% to $

Posted On 06 Nov 2014 , by

Cognizant, Chrysler Beat Expectations

Cognizant, Chrysler Beat Expectations

New York City, New York – (StockNewsDesk) – 11/05/2014 — IT major Cognizant posted third-quarter earnings that beat expectations while Chrysler’s performance also impressed investors. Cognizant’s revenue grew on the back of new bus

Posted On 05 Nov 2014 , by

PIMCO ETF Trust Continues to Bleed Assets

PIMCO ETF Trust Continues to Bleed Assets

Philadelphia, Pennsylvania – (StockNewsDesk) – 11/05/2014 — PIMCO’s flagship fund, the Total Return Fund, suffered another month of outflows as $27.5 billion in investor money was pulled from the fund. The two main reasons for the ou

Posted On 05 Nov 2014 , by

Dish TV Disappoints, Priceline Beats Marginally

Dish TV Disappoints, Priceline Beats Marginally

Kokomo, IN – (StockNewsDesk) – 11/04/2014 — Wall Street remained in the red as energy companies saw profit booking. Crude futures fell nearly 3% as the major oil-producing country Saudi Arabia said it would sell crude oil to the US at

Posted On 04 Nov 2014 , by

Trade Balance, Export Data Spooks Investors, AIG Impresses

Trade Balance, Export Data Spooks Investors, AIG Impresses

New York City, New York – (StockNewsDesk) – 11/04/2014 — US markets opened in the red as a couple of economic indicators failed to impress the Street. Factors orders, though negative, came in line with expectations; the US trade balanc

Posted On 04 Nov 2014 , by

Alibaba Shares Flat on Revenue Beat

Alibaba Shares Flat on Revenue Beat

Philadelphia, Pennsylvania – (StockNewsDesk) – 11/04/2014 — Alibaba shares were flat in the premarket after the company reported better than expected revenue. The Chinese e-commerce giant reported earnings per share of 0.45 and revenue

Posted On 04 Nov 2014 , by

Publicis to Takeover Sapient; LabCorp to Acquire Covance

Publicis to Takeover Sapient; LabCorp to Acquire Covance

Houston, TX – (StockNewsDesk) – 11/03/2014 — The month of October has started with Mergers & Acquisitions in the US. Acquisition of two big companies will take place; the first being Covance while the other is the North American Co

Posted On 03 Nov 2014 , by

Exxon, Chevron Gain 1% as Results Top Estimates

Exxon, Chevron Gain 1% as Results Top Estimates

Houston, TX – (StockNewsDesk) – 10/31/2014 — Oil giants Exxon and Chevron Corporation posted better than expected profits this quarter. Profits of both the companies increased from refining activities and the fall in crude oil prices.

Posted On 31 Oct 2014 , by

US GDP, Mastercard Top Estimates; Germany in Deflation

US GDP, Mastercard Top Estimates; Germany in Deflation

New York City, New York – (StockNewsDesk) – 10/30/2014 — The much-awaited Fed meeting has finished, and the outcome of it was as expected. The massive $85 billion bond-buying program started in 2012 has come to an end while the interes

Posted On 30 Oct 2014 , by

Samsung Shares Hit by Declining Mobile Sales

Samsung Shares Hit by Declining Mobile Sales

New York City, New York – (StockNewsDesk) – 10/30/2014 — Samsung announced an operating profit that was its lowest in three years, since the Galaxy line was introduced. The intense rivalry between Apple and Samsung has taken a decisive

Posted On 30 Oct 2014 , by

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