Wall Street
US Law Firms Initiate Investigation Against Infosys
Four US law firms have said they are investigating potential claims on behalf of Infosys investors on whether the Indian company and some of its …
NYSESteve Bannon's exit too soon for investors to cheer
When chief strategist Stephen Bannon's sudden exit from the Trump White House was revealed on Friday in the United States, traders on the floor of …
NYSETraders at NYSE cheered when Bannon departed White House
Traders at the New York Stock Exchange loudly cheered Friday as news broke of White House chief strategist Steve Bannon’s departure – a move that …
NYSEDelving into dual-class structures
Snap Inc.'s (SNAP) initial public offering marked a turning point in investors' attitude toward voting structures that vest control in a small group …
NYSEStocks to watch next week
• Key events are scheduled for the companies listed below next week.• <b><br>Notable earnings reports:</b> A tech-heavy list includes 58.com (NYSE:WUBA) on Aug. 21; …
NYSEStock traders cheer on Bannon exit
<b>US stocks regained ground on Friday, after it was confirmed President Donald Trump's polarising adviser Steve Bannon would depart the White House.</b><p>Three major indexes turned higher in mid-morning trading and were modestly up by early afternoon.<p>Mr Bannon, a right-wing nationalist, helped shape the …
NYSEWall Street recoups losses after report of Bannon's exit | Reuters
This story has not been edited by Firstpost staff and is generated by auto-feed.<p>Published Date: Aug 18, 2017 10:45 pm | Updated Date: Aug 18, 2017 …
Financial MarketsAre Markets More Fragile Than They Look?
Investors are complacent. That’s the conclusion that some have reached because the VIX, which measures volatility in the S&P 500 and is often called …
NYSETrump backlash puts his economic agenda at risk
Measuring the market fallout because of the nation’s top CEOs backing away from President Trump is a difficult exercise. Still, Daniel Clifton, a policy strategist at Strategas Research Partners, ticks off a few scenarios to watch.<p>The headline of his report, “Republicans Likely to Lose Control of …
NYSECEO’s abrupt resignation shocks tech firm investors
Vishal Sikka, the chief executive brought in to turn around India’s Infosys three years ago, resigned suddenly on Friday, blaming a “continuous …
NYSEAt NYSE, floor traders cheer news of Bannon's White House exit
At the New York Stock Exchange Friday, floor traders cheered when Steve Bannon was dismissed.<p>Traders came to work in a nervous state Friday morning. …
NYSENYSE cheers after Steven Bannon's exit from White House
Traders on the floor of the New York Stock Exchange erupted in cheers and applause Friday, as White House Chief Strategist Steve Bannon’s departure …
NYSEWATCH: New York Stock Exchange traders erupt in cheers over news that Bannon is out
Traders on the floor of the New York Stock Exchange (NYSE) erupted into cheers when they heard the news that President Donald Trump’s White House has …
NYSESports retailers get routed
NEW YORK (AP) — Sporting goods retailers can't shake their losing streak.<p>Shares of sporting goods stores plummeted Friday after Foot Locker and smaller rival Hibbett Sports reported a drop in sales Friday. Both companies also offered gloomy outlooks for the rest of the year.<p>Stores that specialize …
NYSEDow downdraft continues, day after its worst drop in three months
The Dow opened lower Friday, a day after suffering its worst drop in three months as investors assess the stock market's next move after a record-setting run.<p>In early trading the Dow Jones industrial average was down 70 points, or 0.3%, to 21,680, hitting its lowest level since July 25.<p>Investors …
NYSEStocks start lower; Foot Locker and Deere dive
Stocks are opening with small losses as a steep slump for farm equipment maker Deere hurts industrial companies.<p>Deere fell 7.2% Friday after its third-quarter sales came up short of Wall Street estimates.<p>Banks fell as bond yields continued to decline. Lincoln National lost 1%.<p>Athletic gear retailer …
MarketsArt Cashin: Dow would drop up to 1,000 points if multiple Trump advisors were to resign
If more than one member of President Donald Trump's team resigns, the Dow could fall 500 points or more, closely followed trader Art Cashin told CNBC …
NYSEWall Street ends down after White House shakeup
U.S. stocks closed lower after another volatile session on Friday as the latest White House shake-up kept investors jittery about the outlook for the Trump agenda.<p>The Dow Jones Industrial Average .DJI fell 76.22 points, or 0.35 percent, to 21,674.51, the S&P 500 .SPX lost 4.46 points, or 0.18 …
NYSEStocks Rise, Traders Cheer After News of Bannon's Exit
White House Chief Strategist Steve Bannon’s departure Friday was welcome news on Wall Street, where markets rallied and traders on the floor of the …
NYSEDespegar files for IPO
Despegar has filed for an IPO on the New York Stock Exchange, with the supporting documents giving a detailed insight into the financial and …
NYSEStocks mixed as Dow set to post worst 2-week drop of 2017
Stocks (^DJI, ^GSPC, ^IXIC) are mixed at the midday mark, with the utilities (XLU) and tech (XLK) sectors the most in the green, while real estate …
NYSEBarcelona Death Toll Rises to 14, Trump Tweets Commitment to Stop Terrorism
President Donald Trump tweeted his condemnation of radical Islamic terrorism Friday morning, a day after a man drove a van into a crowded Barcelona …
NYSE7 signs the stock market is ready to run smack into a wall
The stock market’s relentless rally to records may soon be facing a key test.<p>A number of indicators point to a steady, halting deterioration of some of the factors that have helped Wall Street equities score a steady stream of all-time highs.<p>Peek beneath the hood of the action, and market …
NYSEWe tried the ultra-decadent secret 'billionaire menu' at Wall Street’s oldest steakhouse that features a $100 grilled cheese
Just a few short blocks from the New York Stock Exchange, another Wall Street institution sits at its centuries-long perch at the triangular intersection of William and Beaver streets.<p>Delmonico's is widely considered to be one of the very first sit down restaurants in America, born at a time when …
NYSEUS stocks tumble to worst loss in 3 months in broad selling
NEW YORK (AP) — U.S. stocks plunged Thursday as losses for Cisco Systems hurt technology companies while Wal-Mart declined after its latest quarterly report. Banks also dropped as bond yields and interest rates sank for a second day.<p>It was the second-worst day for stocks this year, which has seen …
MarketsListen: NYSE Traders Break Out in Cheers Upon News of Bannon’s Ouster
CNBC caught the spontaneous moment amid breaking reporting about Trump’s most controversial strategist.<p>Upon hearing the news Friday that President Trump’s chief strategist Steve Bannon has been ousted from the White House, traders on the floor of the New York Stock Exchange broke out in cheers and …
NYSESummer rumblings could herald a stormy fall for U.S. stocks
NEW YORK (Reuters) - The Trump-fed rally in stocks, lately showing signs of faltering as the long Wall Street summer nears its end, faces a key test in the weeks ahead with the approach of a historically unkind season for equities and a clutch of issues - such as raising the debt ceiling - awaiting …
NYSEAlibaba earnings reveal ‘blowout quarter’ for soaring e-commerce giant
Alibaba has released its latest quarterly earnings report of the year, and it certain to make stockholders very, very happy.<p>Not content with …
NYSEOrange County employee pension fund alleges big banks are costing retirees money
Three major public pension funds, including the Orange County Employees Retirement System, have sued a half-dozen Wall Street banks, alleging they illegally conspired to control a corner of the stock market, leading to higher charges for the funds and thus less money for retirees.<p>In a lawsuit filed …
NYSEShift from non-GAAP bottom lines could be good for stock prices
SAN FRANCISCO (Reuters) - Investors worried about lofty stock-market valuations may take comfort in signs that companies in the benchmark S&P 500 index are padding their bottomlines less than they have in previous years.<p>Recent changes to accounting standards and a crackdown last year by the …
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