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Asia shares follow Wall Street lower
2015-08-07 03:46:33| BBC News | Business | UK Edition
Asian markets open lower on Friday, taking their cue from Wall Street where investors were cautious ahead of key jobs data out later in the day.
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Wall Street ends lower as weak oil weighs
2015-08-01 03:09:51| Chemicals - Topix.net
Wall Street ended the week on a sour note as a drop in energy stocks eclipsed wage data that supported expectations that the US Federal Reserve might hold off on moving interest rates. Exxon Mobil shares dropped 4.58 percent while Chevron lost 4.89 percent after reporting poor quarterly earnings due to weak oil prices.
The Wall Street Journal: Avago-Broadcom deal not guaranteed to be tax-free
2015-07-31 05:01:21| Semiconductors - Topix.net
Avago Technologies Ltd. said the Internal Revenue Service has declined to assure that its pending $37 billion takeover of Broadcom Corp. will be tax-free to that company's shareholders, highlighting an unusual consequence of some cross-border deals. said in May, when they announced their tie-up, that they would seek an IRS ruling that the deal qualified as a tax-free reorganization.
Wall Street expects big third quarter profits for Tyson Foods
2015-07-31 01:59:16| Food - Topix.net
Analysts predict Tyson Foods will earn $387 million in fiscal third quarter net income, a gain of 45% from the year-ago period. That equates to 93 cents per share, a healthy increase from 75 cents reported in the 2014 third quarter.
Wall Street Poised to Join in China-Led Selloff
2015-07-28 12:27:32| Railroads - Topix.net
U.S. stocks on Monday looked on track to join in a global selloff that's been led by a sharp slide for markets in China, where investors worried about a slowdown in government buying and disappointing industrial data. The U.S. stock market was set to just edge lower at the open, but was still on track to add to last week's sizable losses, as investors wait for a fresh reading on demand for big-ticket items, as well as for quarterly earnings from companies like Norfolk Southern Corp. .
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