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AbbVie says it reconsidering deal with Shire

a shared story    6 days 4 hours 14 minutes ago
CHICAGO (AP) -- The drugmaker AbbVie says it is having second thoughts about its deal to combine with British counterpart Shire.... 



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Stores Usher in Holiday Shopping Season

a shared story    6 days 5 hours 14 minutes ago
NEW YORK (AP) -- Shoppers - shrugging off a spate of lead-tainted toy recalls and higher prices for food and gas - jammed stores before dawn Friday to grab discounted TVs, toys and clothing for the official start of the holiday season, expected to be the...(more) 



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Asia stocks stabilize, mood still fragile amid economic gloom

a shared story    6 days 5 hours 14 minutes ago
TOKYO (Reuters) - Asian stocks regained a semblance of stability on Wednesday following days of steep losses, but sentiment remained fragile as benign Chinese inflation data and gloom in the euro zone economy added to signs of a faltering global economic recovery.  



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DealBook: Trading Revenue Lifts JPMorgan Chase Back to Profit in 3rd Quarter

a shared story    6 days 10 hours 14 minutes ago
The earnings were hampered by the $1.1 billion the bank set aside for legal costs, much of it to deal with an investigation into potential manipulation of the foreign exchange market by the biggest banks. 



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Correction: Nice Airlines Unprofitable story

a shared story    6 days 16 hours 14 minutes ago
NEW YORK (AP) -- In a story Oct. 8 about Virgin America, The Associated Press reported erroneously that the company lost $9.4 million in the first six months of this year. Instead, the airline had a profit of $14.6 million for that period.... 



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Citi pulls out of consumer banking in 11 countries, profit jumps

a shared story    6 days 18 hours 14 minutes ago
(Reuters) - Citigroup Inc said it would pull out of consumer banking in 11 markets, including Japan and Egypt, as the U.S. bank with the biggest international business looks to cut persistently high costs.  



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US stocks rise, breaking a three-day slump

a shared story    6 days 19 hours 14 minutes ago
U.S. stocks are rising in midday trading as the market shakes off a three-day slump.... 



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Wall Street rises after three-day slump, Citi earnings boost

a shared story    6 days 21 hours 14 minutes ago
NEW YORK (Reuters) - U.S. stocks were higher on Tuesday after the S&P 500's worst three-day drop since November 2011 as bullish investors hoped solid earnings would allay global growth concerns.  



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Oil prices slide on IEA report

a shared story    6 days 21 hours 14 minutes ago
Global oil prices fall further after the International Energy Agency reports higher output and cuts its forecast for growth in demand. 



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JPMorgan posts profit as trading picks up and legal costs ease

a shared story    6 days 22 hours 14 minutes ago
(Reuters) - JPMorgan Chase & Co reported a third-quarter profit as the biggest U.S. bank boosted revenue from trading and investment banking, and moved past the huge legal claims that pushed it into a rare loss in the same quarter last year.  



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Wells Fargo profit rises 1.7 percent as mortgage business steadies

a shared story    6 days 22 hours 14 minutes ago
(Reuters) - Wells Fargo & Co , the fourth largest U.S. bank, reported a 1.7 percent rise in third-quarter profit on Tuesday as its mortgage business stabilized.  



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Domino's quarterly profit tops Wall Street view

a shared story    6 days 23 hours 14 minutes ago
(Reuters) - Domino's Pizza Inc on Tuesday reported a quarterly profit that topped Wall Street's estimates, boosted by strong results overseas and its home market of the United States, where rival Pizza Hut is struggling.  



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