US Stock Index Futures Point To Lower Open
Stock index futures pointed to a slightly lower open on Wall Street on Wednesday, with futures for the S&P 500, Dow Jones and Nasdaq 100 down between 0.1 percent and 0.2 percent at 6:47 a.m. EDT (1047 GMT).
Stock index futures point to lower open
Stock index futures pointed to a slightly lower open on Wall Street on Wednesday, with futures for the S&P 500, Dow Jones and Nasdaq 100 down between 0.1 percent and 0.2 percent at 6:47 a.m. EDT (1047 GMT).
Not if, but when for Spanish bailout, experts believe
Economic experts watching Spain don't know how much money will be needed or precisely when, but some are near certain that Madrid will eventually seek a multi-billion euro bailout for its banks, and perhaps even for the state itself.
Euro zone debt fears pressure euro, shares
European shares eased and the single currency softened on Wednesday as the region's sovereign debt worries and its weaker economic outlook weighed on investors ahead of a German bond sale that will test demand for ultra-low yielding debt.
Malaysia economy turns the corner; fiscal reform to be gradual
Malaysia's economy has passed the turning point in its drive to reach high-income status by 2020, the head of the government's economic performance agency said, but politically sensitive fiscal reforms will only be pushed through gradually.
Sony, AU Optronics in talks on OLED TV production: report
Japan's Sony Corp is in talks with Taiwan's AU Optronics Corp to jointly produce next-generation OLED televisions, the Yomiuri Shimbun reported, positioning itself for the post-liquid crystal display TV market.
U.S. judge sends Apple, Samsung to settlement talks
Apple Inc and Samsung Electronics Co Ltd agreed that their chief executives would participate in settlement talks to try to resolve a patent lawsuit over smartphone and tablet technology, according to a court filing.
Analysis: Spluttering economies to curtail earnings horizon
Exuberant global markets have taken a reality check this month on chronic U.S., Chinese and European growth concerns, and investors should hold companies' relatively rosy profit outlooks up for scrutiny too.
HSBC launching first offshore yuan bond in London: IFR
HSBC is launching its first offshore yuan bond, which will be the first offshore yuan deal to be listed in London, IFR, a Thomson Reuters publication, reported on Wednesday.
MF Global trustee Freeh to testify at Senate hearing
Former customers of MF Global , waiting for the return of as much as $1.6 billion missing from their accounts, will get their first chance next week to hear testimony from Louis Freeh, the embattled trustee for the bankrupt commodities firm.
Twitter to limit use of patents in lawsuits
Twitter said on Tuesday that it would structure its patents so they could not be used for offensive litigation purposes without permission from the people who developed them.
Shares buoyed by easing worries over Spanish debt
Asian shares rose on Wednesday as firm demand at Spanish debt sales and positive U.S. corporate earnings boosted investor confidence in riskier assets.
Honeywell to make hardware for Inmarsat network
Diversified manufacturer Honeywell Inc said it will manufacture hardware for in-flight internet connectivity for satellite communications company Inmarsat PLC's next generation broadband network.
Yahoo shows signs of life, Alibaba in the cards again
Yahoo Inc reported an uptick in revenue that marked its first quarterly sales growth in three years, as new Chief Executive Scott Thompson outlined his plan to revamp the struggling Web company.
Oracle trial against Google turns into CEO day
The chief executives of Oracle Corp and Google Inc took center stage in court on Tuesday as Google's lawyers argued Oracle is trying to hitch a ride on Google's success after abandoning the idea of building its own smartphone.
IMF inches toward deal on boosting bailout funds
The International Monetary Fund appeared to be inching toward a deal on increasing its financial firepower on Tuesday, with Japan, Sweden and Denmark committing a total of $77 billion to help contain the euro zone's debt crisis.
Wall Street rallies on earnings, Europe helps
U.S. stocks scored their biggest gains in a month on Tuesday after Coca-Cola led a round of strong earnings and as concerns about Europe's debt crisis eased as Spanish bond yields fell.
Mobile operators unconvinced by Nokia's revival bid
Nokia's bid to challenge the dominance of Apple's iPhone and Google's Android has failed to convince telecom operators in Europe, depriving it of powerful allies in its fight to regain the top spot in the mobile market.
Yahoo beats Wall Street profit targets
Yahoo Inc reported a modest uptick in first-quarter revenue and beat Wall Street's profit targets, as the Web company moves to revamp its growth under new Chief Executive Scott Thompson.
Goldman dials back risk, profit falls
Goldman Sachs Group Inc posted a 23 percent decline in quarterly earnings after it dialed down risk-taking in tricky markets, and clients also reduced their appetite for bets.
Chinese Hackers Seek Retribution On Makers Of Tainted Drugs
Enraged hackers broke into the websites of drugmakers that produced pills tainted with poisons, in an attack against what they called the failure of Chinese societyi to protect citizens.
Citigroup loses advisory vote on executive compensation
Citigroup Inc shareholders gave a vote of no confidence to the bank's executive compensation plan on Tuesday, dealing a surprise embarrassment to Chief Executive Vikram Pandit.
IMF Inches Toward Deal On Boosting Firepower
The International Monetary Fund on Tuesday appeared to be inching toward a deal on boosting its financial firepower with Japan, Sweden and Denmark committing a total of $77 billion to help contain the euro zone debt crisis.
Earnings, Europe news spark Wall Street rally
Stocks rallied on Tuesday as investors welcomed a slew of solid quarterly corporate results and after a German investor confidence survey surprised on the upside and Spanish benchmark yields eased.
J&J quarterly profit beats forecast, but sales lag
Declining sales dogged Johnson & Johnson in the first quarter, illustrating the company's struggle to revive growth in all three of its main businesses and tough challenges ahead for incoming Chief Executive Officer Alex Gorsky.
US judge sends Apple, Samsung to settlement talks
Apple Inc and Samsung Electronics Co Ltd agreed that their chief executives would participate in settlement talks to try to resolve a patent lawsuit over smartphone and tablet technology, according to a court filing.
Judge sends Apple, Samsung to settlement talks
Apple Inc and Samsung Electronics Co Ltd agreed that their chief executives would participate in settlement talks to try to resolve a patent lawsuit over smartphone and tablet technology, according to a court filing.
Citigroup Shareholders Reject Top Execs' Pay In Advisory Vote
Citigroup Inc shareholders gave a vote of no confidence to the bank's executive compensation plan on Tuesday, dealing a surprise embarrassment to Chief Executive Vikram Pandit.
Google says Oracle should not get piece of Android
Oracle Corp is trying to obtain a share of Android by asserting its intellectual property rights even though it had nothing to do with the development of the smartphone operating system, an attorney for Google said in court.
World economy fragile, faces uneasy calm: IMF
Global growth is slowly improving as the U.S. recovery gains traction and dangers from Europe recede, but risks remain high and the situation is very fragile, the International Monetary Fund said on Tuesday.