US Probes Charges Of Unfair Low Pricing Of Steel-Pipe Imports From India And 8 Other Countries Even As Vice President Biden Asks India To Lower Trade Barriers
The U.S. is probing antidumping charges against India and eight other countries while Joe Biden urges India to lift restrictions on exports.
Does Wells Fargo's Emergence As World's Largest Bank By Market Capitalization Indicate A Shift In US-China Balance Of Power
Wells Fargo has overtaken China's ICBC as world's largest bank by market capitalization.
Pre-Market Movers (VMware, Apple Inc, ARM Holdings, TrovaGene, F5 Networks Inc, Eli Lilly & Co, Broadcom, Polycom, Syngenta, Norfolk)
Pre-market movers for Wednesday include VMware, Apple Inc, ARM Holdings, TrovaGene, Broadcom, Polycom, and Syngenta.
US Stock Futures Point To Higher Open Ahead Of New Home Sales Data, Quarterly Earnings From Facebook, PepsiCO, Ford, Visa, QUALCOMM
Investors are still trying to determine if this market has enough positive economic trends to support stock valuations.
China Flash Manufacturing PMI Drops to 11-Month Low In July, Sparking Concern And Stimulus Hopes
China's manufacturing sector registered yet another drop, sparking concerns over the extended slowdown while giving strength to stimulus hopes.
Vivendi In Talks To Sell Stake In Maroc Telecom To Abu Dhabi-Based Etisalat For $5.5B
French communications giant Vivendi is in talks with UAE's Etisalat to sell its stake in Maroc Telecom in an all-cash deal.
Pre-Market Movers (Array Biopharma, CombiMatrix, Himax Technologies Inc, Rio Tinto, Orange SA, ArcelorMittal, Netflix, STMicroelectronics, ISIS Pharmaceuticals, Frontline )
Pre-market movers for Tuesday include Array, CombiMatrix, Himax, Rio Tinto, Orange, ArcelorMittal, Netflix, STMicroelectronics, ISIS and Frontline.
US Stock Futures Point To Higher Open Ahead Of Housing Price Index, Apple Earnings Report
Expectations from earnings reports of companies including Apple and AT&T, and the latest House Price Index number hold futures up.
Tepco, Operator of Japan's Fukushima Plant Admits Leakage Of Contaminated Water To Pacific Ocean; More Steam Spotted At Nuclear Facility, Earthquake Reported In The Region
Tepco, for the first time, admitted radioactive water from the damaged Fukushima nuclear plant had reached the ocean.
Pre-Market Movers (Himax, Endeavour Silver, UBS, E Commerce China Dangdang, Newmont Mining, Gilead, Molycorp, NBG, Crocs, Qiagen)
Pre-market movers for Monday, July 22.
US Stock Futures Point To Higher Open Ahead Of Existing Home Sales, Corporate Earnings
Investors are still sifting through second-quarter earnings for clues regarding the U.S GDP growth.
BoJ Member Sato Says Expect More Stimulus From Central Bank If Needed, Looks To Soften Stance On Inflation Target
Bank of Japan's Takehiro Sato says while Japan's future is bright, global economic conditions could pose a threat to its recovery.
GlassUP, An Italian Competitor To Google Glass Wants To Take On The Tech Giant
An Italian company claims to offer similar features to the ones offered by Google Glass. At a fraction of the cost.
US Stock Futures Point To Lower Open Ahead Of Corporate Earnings From General Electric, Honeywell, Schlumberger
Investors are still unsure about a possible Fed tapering in September, and an earlier reduction would hit stocks.
India's Top IT Exporter TCS Posts Solid Earnings Outperforming Market Expectations; Shares Soar Above 5 Percent
Resurgent demand from the U.S. and a weak rupee help Indian IT companies beat quarterly earnings expectations.
Plumes Of Steam Rising From Japan's Damaged Fukushima Nuclear Power Plant Sparks Concerns, Tepco Blames Rains
Steam from a building housing a damaged reactor at the Fukushima nuclear power plant raises more safety concerns.
US Stock Futures Point To Flat Open Ahead Of Jobless Claims, Philadelphia Manufacturing Index, Corporate Earnings From Google, Microsoft, And Bernanke's Congressional Testimony
Investors are still trying to gauge the U.S. economy's health: growth bellwether Google's earnings will provide some clues.
Asian Markets Trade Mixed Despite Bernanke's Assurance Of Continuing Easy Monetary Policy, As China Growth Concerns Weigh
Asian markets traded mixed Thursday despite Bernanke’s dovish comments as concerns over a lack of stimulus from Beijing hurt Chinese stocks.
Renault-Nissan To Invest An Additional $2.5B In India, Expects Resurrected Datsun To Bring In Half Its Revenues Over Next 3 Years
Renault-Nissan to double investments in India to $5 billion over the next five years, and bring back yesteryear icon Datsun to Indian roads.
US Stock Futures Point To Lower Open Ahead Of Bernanke's Congressional Testimony, Housing Starts Data, Corporate Earnings
Investors will scrutinize Fed Chairman Ben Bernanke's semi-annual Congressional testimony for tapering timetable clues.
BoJ Minutes Show Members Differ On Measures To Curb Market Volatility, Central Bank Retains Core Policy, Expresses Confidence About Country's Economy
BoJ officials disagree on policies to curb volatility and excessive easing, but stay confident about the country's economic future.
China's Baidu Follows Google Strategy By Entering Mobile App Business, Agrees To Buy App Store Operator 99 Wireless For $1.9B
Baidu to buy Chinese app store operator 91 Wireless for $1.9 billion from NetDragon to build a presence in the fast-growing market.
US Stock Futures Point To Flat Open Tuesday Ahead Of CPI, Core CPI, Industrial Production, NAHB Housing Market Index, Earnings Reports
Investors are still trying to gauge whether the U.S. economic recovery is losing momentum or merely entering a short summer lull.
Indian Rupee Gains Against Dollar After Reserve Bank Of India Intervenes To Raise Two Key Rates
The Indian rupee gained against the dollar after India's central bank raised key interest rates and announced bond sales to mop up liquidity.
Verizon Device Rigged Into A Spying Module That Can Eavesdrop On Wireless Mobile Phone Customers Calls, Data: Hackers Claim
Two security experts say they hacked a Verizon device and made it into a spying device to eavesdrop on Verizon Wireless customers' mobile phones.
US Stock Futures Point To Higher Open Ahead Of Retail Sales Data, Empire State Manufacturing Index, Citigroup Earnings Report
Investors will try to gauge the health of Q2 earnings from several key companies, which report Monday.
China Reveals Of GlaxoSmithKline Bribery Probe, Alleging Company Acted Like "Godfather" Of Criminal Orgainization
China says GlaxoSmithKline acted like a 'Godfather,' criminally routing millions of dollars in bribes to boost its sales in the country.
China's Economic Growth Slows In Second Quarter Of 2013, Industrial Production Data Misses Market Estimates, Asian Markets Gain
China's GDP fell in Q2 to a sub-8 percent figure for the fifth straight quarter, testing its leaders’ long-term growth plans for the country.
Under Public Pressure, China Scraps Its Largest Nuclear Fuel Processing Project Near Hong Kong
In a rare concession to public pressure, China has canceled a proposed nuclear-fuel processing project.
AT&T To Buy Leap Wireless For $2.19B In An All-Cash Deal
AT&T agrees to buy Leap Wireless for $2.19 billion, paying about double the current share value of the prepaid carrier.