Business

Fed to maintain aggressive policy stimulus amid soft data

Fed to maintain aggressive policy stimulus amid soft data

Via Alister Bull WASHINGTON (Reuters) – The Federal Reserve is anticipated to take care of its huge bond-shopping for marketing campaign when it concludes a two-day meeting on Wednesday and may just point to softer readings on the U.S. economy to signal that the policy will probably be extended into […]

 
 

China official PMI seen hitting 18-month high in October

China official PMI seen hitting 18-month high in October

With the aid of Natalie Thomas BEIJING (Reuters) – China's manufacturing task in October probably grew at its quickest rate for the reason that April 2012, a Reuters ballot showed, adding to signs of a stabilization on this planet's No.2 economic system as the government readies a collection of key […]

 
 

Stock futures edge higher, Apple to highlight earnings

Stock futures edge higher, Apple to highlight earnings

Through Ryan Vlastelica NEW YORK (Reuters) – U.S. stock index futures edged greater on Monday, indicating that the rally that took major indexes to record highs would continue with the most recent revenue, including Apple's much-anticipated results. The largest U.S. company via market cap, Apple Inc will record after the […]

 
 

Merck third-quarter profit beats estimate, but Januvia sales slump

(Reuters) – Merck & Co Inc reported higher-than-expected 1/3-quarter cash, helped via cost reducing, but sales of its Januvia diabetes therapy fell, elevating extra concerns about growth possibilities for the corporate’s greatest product. The corporate mentioned on Monday it earned $1.12 billion, or 38 cents per share, within the third […]

 
 

EU seeks feedback from rivals over Google antitrust offer

EU seeks feedback from rivals over Google antitrust offer

By Foo Yun Chee BRUSSELS (Reuters) – EU regulators will seek remarks from Google’s rivals and other third parties on Monday ahead of deciding whether to accept the Web search large’s offer to settle a 3-12 months antitrust investigation and stave off a that you can imagine fine. In July, […]

 
 

Fed to hold its fire this week, wants clearer economic view

Fed to hold its fire this week, wants clearer economic view

By way of Alister Bull WASHINGTON (Reuters) – Federal Reserve officials are unlikely to make any shift to financial coverage this week as they stay up for more evidence of how badly Washington's price range fight has hurt the U.S. economy. Certainly, they might stand pat for the rest of […]

 
 

Analysis: Strained finances trip up French firms’ recovery role

Analysis: Strained finances trip up French firms’ recovery role

By way of Leigh Thomas PARIS (Reuters) – Squeezed by using thin margins and high debt, French corporations will battle to ramp up the funding spending on which President Francois Hollande’s govt is banking to underpin a fragile recovery. Hollande’s government has hung its 2014 recovery hopes on trade funding […]

 
 

Exclusive: Aiming to avoid Facebook chaos, NYSE runs Twitter IPO test

Exclusive: Aiming to avoid Facebook chaos, NYSE runs Twitter IPO test

With the aid of John McCrank NEW YORK (Reuters) – The New York Inventory Change on Saturday did a test run of Twitter's highly expected market debut, as it seeks to keep away from the varieties of issues that plagued Fb's preliminary public offering on rival Nasdaq. The Giant Board, […]

 
 

Reckitt Benckiser reviews pharma unit, could sell it

Reckitt Benckiser reviews pharma unit, could sell it

By Martinne Geller LONDON (Reuters) – Consumer items group Reckitt Benckiser is reviewing options for its prescription drugs unit, it stated on Tuesday, successfully placing up for sale its prescription medicine for heroin habit, which faces low cost, copycat competition. Shares within the British firm rose over 4.5 percent in […]

 
 

China September home price growth at near three-year high

China September home price growth at near three-year high

By means of Xiaoyi Shao and Jonathan Standing BEIJING (Reuters) – China's residence costs rose probably the most in virtually three years in September, including to fears that a property bubble is emerging heading right into a Communist Party leaders' assembly next month. Moderate new residence prices in 70 major […]

 
 

U.S. job growth seen having revved up before budget fight hit

U.S. job growth seen having revved up before budget fight hit

With the aid of Lucia Mutikani WASHINGTON (Reuters) – U.S. job boom doubtless picked up a little bit in September, suggesting the economy enjoyed rising momentum sooner than an acrimonious funds struggle in Washington took one of the most wind out of its sails. Nonfarm payrolls are expected to have […]

 
 

Wall Street gains on earnings; Google surges to record high

Wall Street gains on earnings; Google surges to record high

Via Angela Moon NEW YORK (Reuters) – The S&P 500 index climbed to a brand new excessive firstly of trading Friday and used to be on target for its best possible weekly achieve in more than three months, boosted with the aid of earnings from big firms like Google and […]

 
 

Morgan Stanley profit beats Street as equity trading surges

Morgan Stanley profit beats Street as equity trading surges

Via Lauren Tara LaCapra (Reuters) – Morgan Stanley posted the next-than-anticipated quarterly revenue on Friday as inventory trading earnings jumped 31 %, a surprisingly strong efficiency in a quarter when most competitors posted smaller gains and even declines in that business. The rise in stock buying and selling revenue offset […]

 
 

GE posts strong third quarter backlog, profit margins; shares jump

GE posts strong third quarter backlog, profit margins; shares jump

Through Lewis Krauskopf and Ernest Scheyder (Reuters) – Common Electric Co on Friday posted a report backlog of orders that the corporate stated put it well for 2014, lifting shares and overshadowing a decline in quarterly revenue and income. Chairman and Chief Govt Jeff Immelt sounded an optimistic tone to […]

 
 

Bank of America posts profit as fewer loans go bad

Bank of America posts profit as fewer loans go bad

By means of Peter Rudegeair (Reuters) – Financial institution of America Corp on Wednesday posted a quarterly shareholder revenue of $2.22 billion, reversing a 12 months-past loss, as fewer loans went unhealthy. The financial institution's loan portfolio performed higher, but outcomes deteriorated in three of its five major companies – […]