Apple CEO Cook Goes From Record Sales to IPhone Stumbles

Posted by Forexsq 4 days ago (
img Apple Inc. (AAPL) Chief Executive Officer Tim Cook called the introduction of the iPhone 6 and 6 Plus over the weekend the “best launch ever.” He may have spoken too soon.

Just three days after announcing that Apple had sold a record 10 million new iPhones over the opening weekend, Cook was faced with multiple snafus related to the bigger-screen handsets. The company pulled a new mobile-softwa

DHL Beats Amazon, Google to First Planned Drone Delivery

Posted by Forexsq 4 days ago (
img Germany’s Wadden Sea, World Heritage-designated wetlands recognized for their importance in the conservation of migratory birds, will soon host frequent fliers of a different kind when drones enter the skies typically populated by spoonbills, cormorants and geese.

Deutsche Post AG, Europe’s largest postal service, is about to begin deliveries of medication and other urgent goods to the island

U.S. Stocks Rise on Corporate Results, Accelerating GDP

Posted by Forexsq 4 days ago (
img U.S. stocks rebounded from the worst day since July, with the Standard & Poor’s 500 Index paring a weekly decline, as corporate results topped estimates and data showed the fastest economic growth since 2011.

Nike Inc. jumped 10 percent after reporting first-quarter profit that exceeded analysts’ estimates. Micron Technology Inc. added 6.6 percent after a surge in quarterly sales beat projecti

Get ready for rising interest rates and stocks

Posted by Forexsq 4 days ago (
img There is increasing evidence the Federal Reserve will tighten monetary policy in the next year, ending its bond-buying efforts and positioning itself to raise interest rates.

Quantitative easing is effectively over, with the stimulus program scheduled to end in October, and the “dot plot” of projections from Fed officials shows rates will likely get their first bump in 2015 with a projected fe

Wall Street slumps in broad decline; volume heavy

Posted by Forexsq 1 day 1 hour 16 minutes ago (
img U.S. stocks were sharply lower on Monday, extending the previous week's decline on heavy volume as investors monitored the continued civil unrest in Hong Kong for any potential impact on Chinese growth.

The day's losses were broad, with nine of the ten primary S&P 500 sectors lower on the day. The only group to rise, utilities .SPLRCU, are viewed as a defensive play and were up less than 0.1 p

U.S. Stocks Drop Amid Hong Kong Protests, Rate Concerns

Posted by Forexsq 1 day 1 hour 7 minutes ago (
img U.S. stocks fell, after the worst week in almost two months for the Standard & Poor’s 500 Index, as protests in Hong Kong added to geopolitical concern while a rebound in consumer spending added to speculation the Federal Reserve may raise interest rates sooner than anticipated.

Apple Inc. declined 1.5 percent after falling for two straight weeks. Civeo Corp. plunged 47 percent after saying it

U.S. Stocks Fall as Russia Concern Offsets EBay, Mergers

Posted by Forexsq 1 hour 34 minutes ago (
img U.S. stocks fell, paring a seventh straight quarterly gain for the Standard & Poor’s 500 Index, as consumer confidence declined and Russia was said to consider introducing capital controls.

Ford Motor Inc. dropped 3.5 percent after saying it will miss a profit forecast for 2014. EBay Inc. jumped 6.7 percent after the world’s biggest online marketplace said it will separate from its payments un

Wall Street edges lower; investors watch dollar strength

Posted by Forexsq 1 hour 31 minutes ago (
img U.S. stocks were slightly lower on Tuesday, pulling back from the gain indicated by futures, as the dollar rose and weighed on multinational names.

Major indexes are on track for a negative month, though they remain set to gain over the third quarter. The S&P 500 and Nasdaq are both on track for their seventh straight quarterly advance.

The U.S. Dollar index rose 0.5 percent against a baske

U.S. Stocks Drop as Apple Sinks Amid Rate Concern, Russia

Posted by Forexsq 4 days ago (
img U.S. stocks tumbled, with the Standard & Poor’s 500 Index dropping the most in seven weeks, as Apple Inc. sank amid speculation Russia may seize foreign assets and data that fueled concern rates may rise soon.

Apple Inc. plunged 3.5 percent to drag technology stocks lower amid snafus in the rollout of a new smartphone. Twitter Inc. and Pandora Media Inc. slid at least 2.2 percent to pace losse

European stocks pulled down by Carney, U.S. losses

Posted by Forexsq 4 days ago (
img European stock markets erased earlier gains on Thursday afternoon, hit by a slide in U.S. stocks, including Apple Inc., after the opening bell.

U.K. stocks were further beaten by comments from Bank of England Gov. Mark Carney, who said the first interest-rate hike is inching closer.

Major movers: Shares of Hennes & Mauritz AB HMB, -4.18% slid 4.2% after the Swedish fashion retailer said sa

U.S. stocks fall; on track for steepest drop in 2 months

Posted by Forexsq 4 days ago (
img U.S. stocks slumped Thursday, led by the tech sector, and key benchmarks were on pace for their biggest one-day loss in nearly two months.

Strategists said there wasn’t one single explanation for Thursday’s decline, but drivers include Apple’s AAPL, -2.95% 3.2% drop and a move by the S&P 500 to under its 50-day moving average, a key level for chart watchers. Other worries centered on the Syri

S&P 500 Futures Signal Rebound as European Stocks Advance

Posted by Forexsq 6 days ago (
img Standard & Poor’s 500 Index futures rose, indicating the gauge will rebound after closing at its lowest level in more than a month, as European stocks advanced. China led gains in emerging markets and the ruble strengthened.

S&P 500 Index futures climbed 0.3 percent at 8:15 a.m. in New York and the Stoxx Europe 600 Index increased 0.4 percent. The Shanghai Composite Index climbed to the highes

Alibaba investors have reason to worry, say analysts

Posted by Forexsq 6 days ago (
img After two weeks of road shows in cities in the U.S. as well as in Hong Kong and Singapore, e-commerce giant Alibaba Group Holding Ltd. finally held its initial public offering on the New York Stock Exchange (NYSE).

The IPO raised $21.8 billion. The company’s share price surge 38% to $93.89 on its Sept. 19 debut under the ticker symbol BABA. The overwhelming demand promoted underwriters to exer

European Stocks Climb as Merck, Rio Tinto Shares Advance

Posted by Forexsq 6 days ago (
img European stocks advanced, following their biggest drop in 11 weeks, as investors assessed the health of the euro-area economy after a report showed German business confidence fell for a fifth month.

Merck KGaA and Rio Tinto Group climbed as brokerages recommended buying the shares. TNT Express NV lost the most in 20 months after dropping its 2015 profitability forecast. Adecco SA slipped 3.1 p

U.S. Stock-Index Futures Advance Before Home-Sales Report

Posted by Forexsq 6 days ago (
img U.S. stock-index futures advanced, signaling the Standard & Poor’s 500 Index may halt a three-day slump, as investors awaited data that may show new-home sales rebounded for the first time in three months.

Bed Bath & Beyond Inc. rallied 6.2 percent in pre-market New York trading after posting quarterly profit and sales that topped analysts’ estimates. Starz gained 4.8 percent after the Los Ang

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