Markets


Latest News


SoftBank considers stake in Legendary Pictures: report

Japan's SoftBank Corp (9984.T) has been in talks to take a minority stake in privately held movie studio Legendary Pictures, entertainment trade publication The Hollywood Reporter reported on Tuesday.

Sep 30, 2014 11:29 AM EDT


EBay follows Icahn's advice, plans PayPal spinoff in 2015

EBay Inc (EBAY.O) said it would spin off PayPal, its fast-growing payments business, into a publicly traded company in the second half of 2015, marking an about-face for the company.

Sep 30, 2014 10:54 AM EDT


Global stocks fall, bonds rise on Hong Kong unrest

Global equity markets fell on Monday as civil unrest in Hong Kong weighed on investor sentiment, while Treasury prices rose as further signs of the relative strength of the U.S. economy raised the prospect of higher interest rates.

Sep 29, 2014 12:06 PM EDT


Roche, GSK melanoma pill combinations look similar in showdown

Rival two-pill combinations for melanoma from Roche and GlaxoSmithKline had similarly good results in separate clinical trials, leaving doctors with little to choose between the two skin cancer courses.

Sep 29, 2014 12:00 PM EDT


Costs, politics erode chances for a Tokyo casino by 2020

Plans to open Japan's first casino in Tokyo before the 2020 Olympics are becoming increasingly unlikely, with developers facing skyrocketing building costs and a city government that no longer considers casino development an economic priority.

Sep 29, 2014 11:49 AM EDT


Stella McCartney goes airy for summer, Lagerfeld Barbie a hit at Paris Fashion Week

Oblong cut-outs, oversized buckles and a utilitarian aesthetic were the defining features of Stella McCartney's 2015 summer collection in Paris on Monday.

Sep 29, 2014 11:35 AM EDT


BlackBerry reports smaller-than-expected loss; revenue falls

BlackBerry Ltd (BB.TO) (BBRY.O) reported a much smaller-than-expected quarterly loss on Friday and said it was concentrating on growth and investments, even as concerns about weak revenue linger.

Sep 26, 2014 11:46 AM EDT


Chrysler recalls 350,000 vehicles on ignition switch issues

Chrysler Group LLC, a unit of Fiat SpA (FIA.MI), said it will recall about 350,000 vehicles from the 2008 model year because of a condition that may cause the ignition key to get stuck or inadvertently move.

Sep 26, 2014 11:28 AM EDT


Hyundai-led group agrees to $10 billion land deal, stokes union rage

Hyundai Motor Co (005380.KS) and its two affiliates approved Asia's biggest property deal since the financial crisis on Friday when their board members agreed to pay 10.55 trillion won ($10.12 billion) for a trophy plot of land to house a new headquarters in downtown Seoul.

Sep 26, 2014 11:23 AM EDT


Dollar holds near four-year highs, Europe stocks recover

The dollar held just below a four-year high against a basket of currencies on Friday, fuelled by the biggest yield advantage over the euro in nearly 15 years as the Federal Reserve contemplates hiking interest rates.

Sep 26, 2014 11:14 AM EDT


Ford to recall about 850,000 cars to fix airbag deployment glitch

Ford Motor Co (F.N) said it will recall about 850,000 cars in the United States to fix a software glitch that could lead to a short circuit, delaying the deployment of airbags in the event of a crash.

Sep 26, 2014 10:56 AM EDT


Wall St. slumps as Apple drags; S&P breaks support level

U.S. stocks were sharply lower heading into the midpoint of trading on Thursday, with each of the major indexes falling more than one percent and the S&P dropping through a key support level as Apple shares slumped.

Sep 25, 2014 12:07 PM EDT


Real Time Analytics