U.S. stocks slid on Thursday after a report said factory activity contracted in the U.S. Mid-Atlantic region in September for the first time in over three years, prompting worries about a slowdown in the U.S. economy and corporate profits.
Air Mauritius is tightening its belt. As its annual report revealed it last week, the profits of the local airline have decreased by half. Even worse: there is not much hope that this situation will improve in the near future.
Associated British Foods Plc, the refiner of Silver Spoon sugar and owner of Primark stores, warned its second half earnings will fall
The FTSE 100 fell on Monday, led by mining and oil stocks as commodity and oil prices dropped.
Some investors are viewing Microsoft Corp. as a bargain after uncertainty about its investment strategy and development delays pushed the software giant's share price to three-year lows.
Verizon Communications Inc., one of the world's biggest telephone companies, said on Tuesday its quarterly earnings fell on merger costs but revenue rose due to strength in wireless.