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Stocks News

Airbus shares hit following A400M crash in Spain

Paris - Shares in European aerospace giant Airbus fell more than three percent in opening trade Monday after one of its A400M military planes crashed in Spain over the weekend, killing four.In opening trades, shares in Airbus were down 3.

'Flash Crash' trader to appear in London court

London - A British trader accused of contributing to a US stock market crash and fraudulently making $40 million in high-frequency trading from his modest London home was due to appear in court on Wednesday.

FTSE 100 sets record on Tuesday but fails to hold it on Wednesday

After approval of economic reform proposals submitted by Greece helped the FTSE 100 reach record-breaking levels yesterday, it has fallen back considerably throughout the course of today, with shares in some major companies dropping by nearly 10 percent.

European stocks extend slide

London - European stock markets dropped Tuesday, extending the previous day's slump, on the prospect of fresh stimulus to prop up the weak eurozone that risks losing Greece as a member.

Asian stocks sink, euro near nine-year low

Hong Kong - Tokyo's Nikkei led an Asian share slump Tuesday following painful losses in New York and Europe, with fears sparked by the global slump in oil prices and the Greek political crisis.

European stocks shaken by fears of return to crisis

London - European stocks closed mixed on Thursday, with German shares staging a late comeback after fears the eurozone could be heading toward a fresh crisis spread turmoil through markets for much of the day.London's benchmark FTSE 100 index ended down 0.

PrimeTrade launches new online investment service provider

A new online trading platform made its debut last month, joining the ranks of many others to service both new and seasoned investors.

U.S. stocks continue stalwart climb in a show of strong recovery

Signs of economic recovery are soaring as U.S. stocks pushed passed a winter slowdown, according to recently released economic data.

Cash-rich global firms face calls to crack open war chests

Tokyo - Impatient shareholders are calling on the world's top firms to start spending some of the eye-popping $2.8 trillion in cash built up since the financial crisis, as analysts warn that their thriftiness could be holding back global growth.

Smallpox decision postponed

Geneva - The World Health Organization (WHO) has again postponed its decision whether to destroy the world’s remaining stocks of smallpox virus.

U.S. stocks continue stalwart climb in a show of strong recovery

Signs of economic recovery are soaring as U.S. stocks pushed passed a winter slowdown. For the fourth straight day, the Standard & Poor’s Index rose and reached another all-time high, closing at just above 1,900 on Friday, after many months.

Leading scientist calls for smallpox stock destruction

London - Gareth Williams, a medical doctor, has said that the smallpox virus is no longer necessary for research purposes and could pose a significant threat were it to escape the confines of the lab. He has called for all remaining stocks to be destroyed.

Apple: 43.7 million iPhones, 16.35 million iPads sold in Q1 2014

Earlier today Apple announced in a public statement that over 43.7 million iPhones and 16.35 million iPads were sold during the first, opening quarter of 2014 leading to combined sales of mobile devices of over 60 million units sold.

Cash-rich global firms face calls to crack open war chests

Tokyo - Impatient shareholders are calling on the world's top firms to start spending some of the eye-popping $2.8 trillion in cash built up since the financial crisis, as analysts warn that their thriftiness could be holding back global growth.

U.S. suit accuses CME of favoring high-speed traders

New York - A group of traders has sued exchange giant CME Group, alleging that its policies favored high-frequency traders and defrauded other investors.

US stocks jump on good retail sales, Citigroup profits

New York - Wall Street stocks Monday opened decisively higher following a big jump in US retail sales and a better-than-expected earnings report from Citigroup.Five minutes into trade, the Dow Jones Industrial Average advanced 83.52 points (0.

European stocks, ruble slide on Ukraine crisis

London - European stock markets and the ruble slid on Monday as investors reacted to the escalating crisis between Kiev and Moscow, dealers said.

Asian shares mixed after fresh Wall St losses

Hong Kong - Asia's markets were mixed on Monday following another heavy sell-off on Wall Street while concerns over the crisis in Ukraine resurfaced.Tokyo's benchmark Nikkei 225 index fell 49.89 points or 0.36 percent to 13,910.

Russian markets, ruble fall over Ukraine crisis

Moscow - The Russian stock markets and the ruble fell in early trading on Monday after clashes between pro-Russian forces and the Kiev authorities in eastern Ukraine.Western powers blame Russia for stirring up the trouble.

U.S. stocks sink again; Nasdaq down 1.3%

New York - The tech-rich Nasdaq Composite Index led Wall Street sharply lower again Friday, closing out a dreary week at its lowest level in more than two months.The Nasdaq sank 54.37 points (1.34 percent) to 3,999.

European stocks sink on 'overvalued' tech sector

London - European stock markets slid on Friday, joining a fierce global sell-off as investors took flight on resurgent fears about the 'overvalued' technology sector, dealers said.In late morning deals, London's benchmark FTSE 100 index fell 1.

US judge okays $1.8 bn SAC insider-trading settlement

New York - A federal judge Thursday approved an agreement between US criminal prosecutors and SAC Capital to settle charges of insider trading in exchange for $1.8 billion in penalties.

Nasdaq plunges more than 3% as tech weakness returns

New York - The tech-rich Nasdaq Composite Index dived more than three percent Thursday in afternoon trade as anxiety over pricey technology equities again pushed US stocks into the red. Near 1920 GMT, the Nasdaq plummeted 131.56 (3.14 percent) to 4,052.34.

European stocks dip despite Greek bond market return

London - European stocks fell on Thursday as investors shrugged off a successful return to the bond markets by Greece four years after the country was rescued with a bailout.In late morning deals, London's benchmark FTSE 100 index slid 0.10 percent to 6,629.

Dovish Fed minutes send US stocks up more than 1%

New York - Wall Street stocks Wednesday bolted higher with tech equities leading the way after US Federal Reserve minutes showed no support for an early rise in interest rates.The Dow Jones Industrial Average jumped 181.04 (1.11 percent) to 16,437.18.

European stocks stage rebound

London - Europe's main stock markets rebounded on Wednesday after two days of losses, as optimistic investors eyed the upcoming US results, dealers said. London's benchmark FTSE 100 index added 0.74 percent to 6,639.09 points in midday deals.

Asian shares mostly up, but yen sinks Tokyo

Hong Kong - Asia's markets mostly rose on Wednesday following a slight rebound on Wall Street but Tokyo took another hit from a stronger yen.The benchmark Nikkei-225 index sank 307.19 points or 2.10 percent to 14,299.

Nasdaq snaps losing streak, leads market higher

New York - The tech-rich Nasdaq Composite Index rallied Tuesday, leading the market to its first day of gains after three straight losses.The Nasdaq jumped 33.23 (0.81 percent) to 4,112.99.The Dow Jones industrial Average advanced 10.40 (0.06 percent) to 16,256....

European stocks slide further

London - Europe's main stock markets retreated further on Tuesday as Ukraine-Russia tensions and the IMF cutting its forecast for global growth offset robust British manufacturing data.London's FTSE 100 dropped 0.49 percent to close 6,590.

US stocks fall more than 1% as tech slump continues

New York - US stocks Monday slumped for a third day in a row as investors worried about whether high-flying technology stocks are overvalued and cautiously anticipated earnings season. The Dow Jones Industrial Average tumbled 166.84 points (1.
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Traders work on the floor of the New York Stock Exchange
Traders work on the floor of the New York Stock Exchange
With the permission by Reuters / Brendan McDermid