IBT Staff Reporter

75661-75690 (out of 154954)

Nasdaq to rebalance index, cut Apple weighting

Exchange operator Nasdaq OMX Group will rebalance its benchmark Nasdaq 100 index, cutting the weighting of widely held stocks, such as Apple Inc, and causing volatility as investors adjust their portfolios.

China rate hike, Apple weigh on futures

U.S. stock index futures fell on Tuesday after China, a main source of global growth, raised its interest rates, while Apple shares fell after the stock's weight in a widely followed index was cut.

Oil dips, but holds near 2-1/2 year high

Oil prices fell on Tuesday but held near 2-1/2 year highs, with Brent remaining close to $121 a barrel on unrest in oil exporting countries in the Middle East and Africa.

Oil dips but holds near 2-1/2 year high

Oil prices fell on Tuesday but held near 2-1/2 year highs, with Brent remaining close to $121 a barrel on unrest in oil exporting countries in the Middle East and Africa.

Driving costs rise 3.4 pct: study

A new study has showed a 3.4 percent rise in the yearly costs to own and operate a sedan in the United States, due to relatively large increases in fuel, tire and depreciation costs.

Financial Times takes shot at Apple's subscription policy

Financial Times takes up the cudgel against Apple, saying no to parting with subscribers' data as part of Apple's new subscription policy, which requires that if a subscription is made using its App Store, then Apple would not share customer data with publishers.

Stock index futures fall; techs in spotlight

Stock index futures pointed to a lower open on Wall Street on Tuesday, with futures for the S&P 500 down 0.3 percent, Dow Jones futures down 0.1 percent and Nasdaq 100 futures down 0.8 percent at 3:52 a.m. EDT.

U.S. stock index futures fall; techs in spotlight

Stock index futures pointed to a lower open on Wall Street on Tuesday, with futures for the S&P 500 down 0.3 percent, Dow Jones futures down 0.1 percent and Nasdaq 100 futures down 0.8 percent at 3:52 a.m. EDT.

Brazil's Vale names new CEO under government pressure

Brazilian mining giant Vale named a new chief executive under withering government pressure, a move that may spark fears of state meddling in Brazil's private sector but is not expected to dent investor confidence in the firm.

Targeted cyber attacks to rise further: Symantec

Targeted cyber attacks will pose a growing threat to companies around the world this year after the Stuxnet worm hit Iran's nuclear program in 2010, security software maker Symantec Corp said on Tuesday.

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