Markets
Dow slips 100 points as tensions with N.Korea escalate
The Dow slid 33.08 points, or 0.2 percent, to 22,085.34. Travel and media companies led US stocks lower in afternoon trading Wednesday as some rare earnings disappointments weighed on the market. Bond prices rose. The yield on the 10-year Treasury fell to 2.20 percent. The company booked a hefty charge and said its CFO is leaving the company. [Full Article...]
Encana Corporation (ECA) Given Daily News Sentiment Score of 0.19
Many other investment analysts also weighed in on ECA . Causeway Capital Management LLC now owns 48,768,776 shares of the oil and gas company's stock valued at $571,082,000 after buying an additional 23,779,815 shares during the last quarter. [Full Article...]
Yuvraj, Ashwin, Jadeja not picked for SL limited-overs series
BCCI on Sunday announced One Day International squad and T20 International for India's tour of Sri Lanka. Experienced fast bowlers Umesh Yadav and Mohammed Shami have been rested, probably keeping in mind the option of an extra spinner in the spin-friendly Sri Lankan conditions. [Full Article...]
DJIA Today: Dow Jones Futures Down Triple Digits on North Korea Fears
JJ Kinahan, chief strategist at TD Ameritrade, said geopolitics had "splashed cold water on the markets". SIMMERING TENSIONS: North Korea revealed on Thursday a detailed plan to launch a salvo of ballistic missiles toward the U.S. CURRENCIES: The dollar slipped to 109.48 yen from 109.85 late Wednesday. The Russell 2000 index of smaller-company stocks gave up 6 points, or 0.5 percent, to 1,3... [Full Article...]
How major United States stock market indexes fared Thursday
Oil prices were headed higher. The Dow Jones Industrial Average was down 0.68%, around 150 points lower and retreating below its 22,000 level. The Nasdaq composite lost 76 points, or 1.2 percent, to 6,275. Ralph Lauren Corp. shares gained $10.38, or 13.3 percent, to $88.53, while peer-to-peer loan company LendingClub Corp. added 99 cents, or 18.1 percent, to $6.45. [Full Article...]
SoundCloud Saved From Closure By $170 Million Investment
Post investment, Ljung will be replaced as chief executive by former Vimeo Chief Kerry Trainor and Mike Weissman, another ex-Vimeo connection, will become SoundCloud's COO. Atop all that, should this new investment close tomorrow, SoundCloud's pre-money valuation will have decreased a whopping 77 percent, from $640 million in 2014 to $150 million. [Full Article...]
Global markets jarred by North Korea fears
European and US stock exchanges fell Wednesday as investors reacted to rising tensions between the United States and North Korea . MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.5 percent, while Japan's Nikkei lost 1.3 percent as the stronger yen sapped investor appetite. [Full Article...]
US Stocks Close Slightly Lower, Trimming Earlier Losses
The financial sector index.SPSY gave back gains after news California insurance regulator will probe whether Wells Fargo & Co ( WFC.N ) and an insurance company harmed residents by selling insurance they did not need. Bank Wealth Management. The Toronto Stock Exchange's S&P/TSX composite index was down 39.02 points to 15,217.33 in a broad-based decline that saw many sectors finish in the red whi... [Full Article...]