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Archive for 'Breaking News'

Europe’s big banks pass stress tests-tests for stress

Quarterly results: Ford Motor (F, Fortune 500) reported  better-than-expected quarterly sales and earnings that reversed its operating loss from a year ago, building on its return to profitability following several years of weakness. Shares gained 5.2%. Dow component Verizon Communications (VZ, Fortune 500) posted a quarterly loss due to costs associated with a buyout of [...]

Nokia profits fall 31% in the second quarter-smedley butler

Nokia’s second quarter operating profits fell 31 percent compared to one year ago to 295 million euros (380 million U.S. dollars), the company said Thursday. Net sales for Nokia, the world’s largest mobile phone manufacturer, in the April-June period stood at 10 billion euros (12.9 billion dollars), one percent higher than a year ago, the [...]

the world’s major stock markets closed list -world’s major production market

Stimulated by the positive earnings report to promote the economic data, European stocks closed higher Wednesday, New York gold closed up 0.3% to close at 1,195.60 U.S. dollars an ounce, oil prices closed up 3.6% to close at 79.30 U.S. dollars a barrel. the world’s major stock markets closed list Dow Jones 10302.85 +1.80% The [...]

Dow Jones industrial average rose 201.77 points -dow jones pre open

EST at 4:00 p.m. on the July 22, the Dow Jones industrial average rose 201.77 points to close at 10,322.30 points, or 1.99%; the Nasdaq composite index rose 58.56 points to close at 2,245.89 points, or 2.68%; Standard & Poor’s 500 index rose 24.08 points to close at 1,093.67 points, or 2.25%. Today’s Dow has [...]

today’s news of Microsoft-microsoft gs

Microsoft Corp. on Thursday reported that its quarterly sales soared, thanks to gains across all of its key product lines. Driven by strong Windows 7 sales and an improving PC market, the Redmond, Wash., software giant reported net income that rose 48%, to $4.5 billion, in its fiscal fourth-quarter. Microsoft’s per-share earnings were 51 cents, [...]