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Crude Oil Plunges To End Near $47 A Barrel, Down 21% For Month
Fri, 31 Jul 2015 19:10:57 GMT - U.S. crude oil plunged to end sharply lower for a second straight session Friday, on supply glut fears with rig counts in the U.S. rising and over concerns of a slowing Chinese economy denting demand growth, even as the dollar weakened against some major currencies.
Gold Ends Higher As Dollar Weakens, Sheds About 6.5% In July
Fri, 31 Jul 2015 18:23:01 GMT - Gold futures snapped a three-day loss to end higher on Friday, as the dollar trended lower against some major currencies after some disappointing economic data from the U.S. with a weaker than expected increase in labor costs and consumer sentiment pulling back more than previously estimated in July.
You Can Go Back To Firefox, Chrome After Windows 10 Upgrade
Fri, 31 Jul 2015 15:04:24 GMT - Rival web browsers are unhappy that the long-awaited Windows 10 upgrade automatically sets Microsoft Edge as the default browser. While behemoth Google can likely roll with the punches, smaller rival Mozilla is blasting Microsoft for making it difficult on Firefox users.
World On The Verge Of Effective Ebola Vaccine
Fri, 31 Jul 2015 14:55:55 GMT - Preliminary results from an interim analysis of a vaccine trial in Guinea show that a new vaccine is highly effective against the deadly Ebola that claimed the lives of thousands. The independent body of international experts - the Data and Safety Monitoring Board - that conducted the review, advised that the trial of VSV-EBOV (Merck, Sharp & Dohme) should continue. Preliminary results from anal
Stocks Turning In A Lackluster Performance In Early Trading - U.S. Commentary
Fri, 31 Jul 2015 14:51:18 GMT - With traders taking a breather following recent volatility, stocks are turning in a lackluster performance in early trading on Friday. The major averages are showing only modest moves after ending the previous session roughly flat.
Exxon Mobil, Chevron Q2 Profit Fall, Miss Estimates
Fri, 31 Jul 2015 14:31:46 GMT - Oil companies Exxon Mobil Corp. and Chevron Corp. both reported profits for the second quarter that missed analysts' estimates, reflecting the impact of the fall in crude oil prices on earnings at their production segments that more than offset higher margins in their refining segments. Revenues for the quarter also declined, but beat analysts' expectations.
Newell Rubbermaid Q2 Results Tops Estimates, Boosts 2015 Outlook
Fri, 31 Jul 2015 14:28:30 GMT - Consumer and commercial products company Newell Rubbermaid, Inc. reported Friday a profit for the second quarter that edged down from last year, despite sales growth, hurt by improved operating margins and higher restructuring charges. However, both adjusted earnings per share and quarterly revenues topped analysts' expectations. The company also raised forecast for the full-year 2015.
U.S. Consumer Sentiment Drops More Than Previously Estimated In July
Fri, 31 Jul 2015 14:24:08 GMT - Consumer sentiment in the U.S. pulled back by more than previously estimated in the month of July, according to a report released by the University of Michigan on Friday. The report said the consumer sentiment index for July was downwardly revised to 93.1 from the mid-month reading of 93.3.
Chicago Business Barometer Indicates Expansion In July
Fri, 31 Jul 2015 14:07:26 GMT - After two months of contraction, MNI Indicators released a report on Friday showing that Chicago-area business activity expanded far more than expected in July. MNI Indicators said its Chicago Business Barometer jumped to 54.7 in July from 49.4 in June.
US Spied On Japanese Cabinet, Banks, Companies: Wikileaks
Fri, 31 Jul 2015 13:57:13 GMT - The international whistle-blowing website Wikileaks has blown yet another news bomb by publishing a "top secret"' document from the US National Security Agency, that indicates NSA spied on Japanese Cabinet, banks and companies such as Mitsubishi. Documents released by WikiLeaks Friday says US has been spying 35 Top Secret targets in Japan, dubbed "Target Tokyo", which also included intercepts rel
Tyco Intl. Q3 Adj. Profit Tops View, But Revenues Miss; Trims 2015 Outlook
Fri, 31 Jul 2015 13:12:48 GMT - Swiss security products maker Tyco International Ltd. reported Friday a profit for the third quarter that plunged from last year, which was boosted by asset sale gains. The results also reflected lower operating margins and a revenue drop amid currency headwinds. Adjusted earnings per share from continuing operations topped analysts' expectations, while quarterly revenues missed their estimates.
Stocks May Experience Choppy Trading Early On - U.S. Commentary
Fri, 31 Jul 2015 12:56:33 GMT - After ending the previous session roughly flat, stocks may continue to experience choppy trading on Friday. The major index futures are currently mixed, as the Dow futures are down by 19 points but the Nasdaq futures are up by 4.5 points.
Eurozone Inflation Stable At 0.2%; Jobless Rate Lowest Since 2012
Fri, 31 Jul 2015 12:18:59 GMT - Eurozone inflation remained stable in July and the unemployment rate held steady at the lowest level seen since early 2012 during June, data from Eurostat showed Friday. Inflation in the currency bloc remained stable at 0.2 percent in July, flash data showed today. Inflation remained in the positive zone for the third straight month and matched economists' expectations.
Nearest Rocky Planet Outside Solar System Discovered
Fri, 31 Jul 2015 11:15:52 GMT - Astronomers have confirmed the discovery of the nearest rocky planet outside the solar system. The larger than Earth exoplanet, which is considered a potential gold mine of science data, was discovered using NASA's Spitzer Space Telescope. The exoplanet, named HD 219134b, is 21 light-years away from sun, and orbits too close to its star to sustain life. While the planet itself can't be seen direc
Earnings Reported After The Bell July 30
Fri, 31 Jul 2015 11:05:04 GMT - Here is a quick summary of the earnings reported after the bell on Jul 30.
Wall Street Edgy As Commodity Rout Continues
Fri, 31 Jul 2015 10:30:22 GMT - Early indications suggest that Wall Street stocks may open on a jittery note on Friday, as commodities continue to experience weakness. The dollar has been firmer, although the euro is seeing a small bounce upward as flash estimate revealed that inflation stayed in positive territory for the third straight month. The mood across the Atlantic is listless notwithstanding the release of mostly positive earnings. However, German retail sales eurozone unemployment data and U.K. consumer confidence data all were disappointing. The domestic markets may also be wary of the earnings news flow and economic data on regional manufacturing activity and consumer sentiment.
Lloyds Banking H1 Profit Climbs On Margin Strength, Lifts FY15 Margin View
Fri, 31 Jul 2015 09:43:32 GMT - British lender Lloyds Banking Group Plc. Friday reported higher profit in its first half, benefited by increased net interest income and margin as well as lower impairment. Looking ahead, the company lifted its net interest margin forecast.
Brintellix Or Brilinta? Why You Should Double Check Prescription
Fri, 31 Jul 2015 09:31:03 GMT - The FDA is warning health care professionals and patients about reports of confusion between names of antidepressant Brintellix and antiplatelet Brilinta when prescribing and dispensing the two drugs. The similarity of the brand names has been blamed for the confusion.
Asian Shares Rise Despite China Fears
Fri, 31 Jul 2015 09:14:36 GMT - The Asian markets closed mostly higher on Friday despite continued weakness in Chinese shares, weak data from Japan and a mixed bag of U.S. corporate earnings results. The second-quarter U.S. GDP data missed expectations, but the rise in personal consumption growth after a dismal start to 2015 reinforced expectations that the Federal Reserve is on track to raise interest rates later this year.
BG Group Q2 Profit Up, While EBITDA, Revenues Plunge On Lower Prices
Fri, 31 Jul 2015 08:36:30 GMT - UK-based energy firm BG Group Plc., which is being acquired by Royal Dutch Shell Plc., reported Friday higher profit in its second quarter, benefited by a significant one-time gain. Meanwhile, business performance EBITDA, a key earnings metric, and revenues plunged from last year mainly reflecting lower commodity prices, despite higher volumes.
IAG Q2 Profit Rises; Confirms Full-year Outlook
Fri, 31 Jul 2015 08:04:28 GMT - International Consolidated Airlines Group S.A., formed by the merger of British Airways plc and Spanish flag carrier Iberia Lineas Aereas de Espana S.A., reported Friday that profit for the second quarter increased from last year, reflecting double-digit passenger revenue growth.
BNP Paribas Reports Profit In Q2, Revenues Climb; Stock Up
Fri, 31 Jul 2015 07:50:22 GMT - Shares of BNP Paribas were gaining around 4 percent in the early morning trading after the French lender reported Friday a profit in its second quarter, compared to hefty loss last year, reflecting the absence of prior year's huge U.S. settlement loss. Excluding items, attributable earnings rose from last year. Revenues also climbed with improved performance in all divisions.
Arcelor Mittal Q2 Net Rises, EBITDA Down; Backs 2015 View
Fri, 31 Jul 2015 07:08:30 GMT - Steel and mining company ArcelorMittal reported Friday increased net profit for the second quarter reflecting lower foreign exchange and other net financing loss. However, earnings before interest, tax, depreciation and amortization or EBITDA, a key metric for the steel company, declined year-over-year. Looking forward, the company reaffirmed its EBITDA guidance for the full-year 2015.
European Stocks Set For Cautious Start
Fri, 31 Jul 2015 06:14:51 GMT - European stocks are seen opening largely unchanged on Friday as oil prices continue to decline and the Chinese stock-market selloff seems far from over.
Airbus Group Q2 Net Profit Rises, Orders Soar; Backs Positive View For FY15
Fri, 31 Jul 2015 06:09:19 GMT - French aerospace giant Airbus Group reported Friday higher net profit in its second quarter, while EBIT, a key earnings metric, declined on charges on the A400M program. Revenues increased and its order intake nearly doubled from last year. Further, the company maintained its earnings and revenue growth forecast for fiscal 2015.
Cool Results From ZLTQ, TNDM On Watch, NEOS Resubmits NDA, Ascent Of ASND
Fri, 31 Jul 2015 04:31:30 GMT - Shares of Ascendis Pharma A/S (ASND) touched a new high on Thursday, following the company's positive top-line results from a six-month phase II study of once-weekly TransCon Growth Hormone in 53 treatment-na¬čve, pre-pubertal children with growth hormone deficiency, or GHD.
Asian Markets Mostly Higher Amid Cautious Trades
Fri, 31 Jul 2015 03:22:38 GMT - Asian stock markets are mostly higher on Friday, despite the mixed cues overnight from Wall Street and lower commodity prices. However, gains are muted as investors treaded cautiously following the release of weak economic data from Japan and as the Chinese market opened lower.
Amgen Profit Tops Estimates; Lifts FY Outlook
Thu, 30 Jul 2015 22:17:13 GMT - Amgen reported an increase in second-quarter profit, driven by sales of arthritis drug Enbrel and osteoporosis treatments Xgeva and Prolia, and improved margins. Both earnings and sales topped Wall Street estimates.
Electronic Arts Profit Tops View, But Outlook Weak
Thu, 30 Jul 2015 21:58:44 GMT - Electronic Arts Inc. (EA) on Thursday reported an increase in profit for the first quarter, reflecting continued strong digital revenues, with both earnings and revenues topping Wall Street estimates. However, shares of the company fell over 4 percent, after having detailed a weak outlook.
LinkedIn Results Top Estimates
Thu, 30 Jul 2015 21:39:32 GMT - LinkedIn Corp., the world's largest online professional network, said Thursday after the markets closed that its second quarter loss widened sharply from last year, as higher costs and expenses more than offset a 33% increase in revenue. However, the company's quarterly earnings per share, excluding items, came in well above analysts' expectations as did its quarterly revenue.


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