Tag Archives: pushed

World stocks rise as investors cheer US jobs data

BANGKOK (AP) — World stock markets rose Monday after an unexpectedly strong U.S. jobs report pushed Wall Street to new highs. Malaysian shares jumped after the country’s ruling political alliance won national elections. Continue reading

Posted in Stocks | Tagged , , , , , , , , , , | Leave a comment

Asia stocks rise as investors cheer US jobs data

BANGKOK (AP) — Asian stock markets rose Monday after a surprisingly strong U.S. Continue reading

Posted in Stocks | Tagged , , , , , , , , , , , , , , | Leave a comment

AT&T Shares Slip on Revenue Miss

NEW YORK (TheStreet) — AT&T shares slipped after the market close on Tuesday after the company missed Wall Street’s first-quarter revenue estimate. Continue reading

Posted in World News | Tagged , , , , , , , , , , , | Leave a comment

Stock market slips lower on weak earnings

NEW YORK (AP) — Disappointing earnings from a range of companies pushed the stock market lower on Thursday, giving major indexes their third loss this week. Continue reading

Posted in World News | Tagged , , , , , , , | Leave a comment

Weak earnings, falling oil prices push stocks down

NEW YORK (AP) — Disappointing earnings reports and falling energy prices pushed stock prices lower in early trading on Wall Street Wednesday. Continue reading

Posted in World News | Tagged , , , , , , , , , , , , | Leave a comment

Samsung to open brand shops in Best Buy stores; Wall Street approves

By Dhanya Skariachan NEW YORK (Reuters) – Samsung Electronics Co Ltd is planning to install its brand shops in more than 1,400 Best Buy Co Inc stores this year, a move that some on Wall Street said could help the world's largest consumer electronics chain boost in-store traffic, sales and profitability. The news pushed Best Buy shares up 12.5 percent to $24.36 on Thursday. The store-within-a-store effort is a key element of Best Buy's turnaround plan, which includes dedicating more space to more-profitable products like tablets and mobile phones. Continue reading

Posted in World News | Tagged , , , , , , , | Leave a comment

Egypt unnerves investors by unexpectedly imposing new tax on bank takeover

By Ulf Laessing and Nadia El-Gowely CAIRO (Reuters) – Egypt rattled investors on the Cairo stock market on Tuesday by unexpectedly announcing that a takeover of its second biggest private bank would be subject to a new capital markets tax. Shares in the bank, National Societe Generale Bank, which is being taken over by Qatar National Bank, tumbled by their legal limit of 10 percent and helped pushed Cairo's benchmark index down to its lowest level since December. … Continue reading

Posted in World News | Tagged , , , , , , , , , , , | Leave a comment

US futures edge up on strong corporate earnings

NEW YORK (AP) — Stock futures are being pushed higher as surprisingly strong earnings from U.S. corporations overshadow the ongoing economic tumult in Europe. Continue reading

Posted in Stocks, World News | Tagged , , , , , , , , , , , | Leave a comment

Wall Street ends lower on angst about Cyprus bailout plan

By Caroline Valetkevitch NEW YORK (Reuters) – Stocks fell on Monday after a plan to tax bank accounts in Cyprus to help pay for the country's bailout stoked worries that it could threaten the stability of financial institutions in the euro zone. Continue reading

Posted in World News | Tagged , , , , , , , , | Leave a comment

Futures rise as S&P 500 nears new high

NEW YORK (AP) — U.S. stock futures rose Friday as the government released a report showing that a spike in gas prices pushed overall consumer prices higher last month. Continue reading

Posted in World News | Tagged , , , , , , , , , , , , , | Leave a comment