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US close: stocks close lower on Chinese regulations and inflation concerns

US close: stocks close lower on Chinese regulations and inflation concerns

Fri, 17 April 2015

US stock plummeted on Friday as new Chinese stock-market regulations, rising inflation and fears of a Greek default spooked investors. At close, the Dow Jones Industrial Average was down 279.67 points... [more]

Europe close: Greek uncertainty drags on stocks

Europe close: Greek uncertainty drags on stocks

Fri, 17 April 2015

Uncertainty surrounding the future of Greece's financial situation sent European equities lower on Friday. Concerns over Greece's debt grew following a Reuters report that the government will need to ... [more]

Greece to 'run out of funds' by 20 April

Greece to 'run out of funds' by 20 April

Fri, 17 April 2015

The Greek government could run out of money at the end of the month, when it will have to tap into its remaining cash resources. According to finance ministry officials, Athens will have use its remai... [more]

Coca-Cola to buy Chinese protein drink company for $400m

Coca-Cola to buy Chinese protein drink company for $400m

Fri, 17 April 2015

Soft drinks behemoth Coca-Cola on Friday said it is to spend $400.5m on a Chinese protein drinks group. The world's largest beverages company said its Shanghai subsidiary is to acquire Xiamen Culiangw... [more]

US consumer confidence improves in April, Uni of Michigan says

US consumer confidence improves in April, Uni of Michigan says

Fri, 17 April 2015

US consumer sentiment improved slightly at the start of April, as inflation expectations fell back. The University of Michigan's index advanced to a reading of 95.9 from the 93 point level one year ba... [more]

Greece nears sales of first state assets in fundraising push

Fri, 17 April 2015

Greece has begun to try and raise funds by selling off state assets with the sale of a single national license for horse racing betting. Athens-listed Greek lottery and sports betting operator OPAP ha... [more]

US open: Dow Jones plunges 240 points on China regulatory news

Fri, 17 April 2015

US stocks slid on Friday, after Chinese regulators said they will allow fund managers to lend stocks for short selling. Just after 15:00 BST, the Dow Jones Industrial Average was down 240 points, whil... [more]

US CPI falls into negative territory in March

Fri, 17 April 2015

The US consumer price index (CPI) slipped by 0.1% year-on-year in March, dragged down by lower electricity and gas prices. When compared with February the CPI rose by 0.2%, according to the Bureau of ... [more]

US pre-open: Futures drop sharply on China regulatory news

Fri, 17 April 2015

US stock futures took a drastic downward turn on Friday, after Chinese regulators said they will allow fund managers to lend stocks for short selling. The Dow Jones Industrial Average is expected to o... [more]

Ryanair told to reduce its stake in Aer Lingus

Fri, 17 April 2015

Budget airline Ryanair has been forced to reduce its 29.8% stake in Irish carrier Aer Lingus by the Competition and Markets Authority (CMA). Two years ago the Competition Commission, the CMA's predece... [more]

Europe midday: Stocks slide as Greek debt repayment looms

Fri, 17 April 2015

Stocks in the euro-area were in the red as the International Monetary Fund (IMF) warned Greece against missing its looming debt repayment. IMF managing director Christine Lagarde on Thursday that the ... [more]

Eurozone deflation persists in March as expected

Fri, 17 April 2015

Eurozone consumer prices fell 0.1% year-on-year in March, easing from a 0.3% drop a month earlier, Eurostat confirmed. The European Union's statistics office said the improvement was supported by pric... [more]

Commodities market endured a torrid March, Credit Suisse says

Fri, 17 April 2015

The commodities market endured an overwhelmingly bearish March, with energy being the worst performing segment, according to Credit Suisse. In its latest assessment of market conditions, the Swiss inv... [more]

Bloomberg blackout hits markets, BoE stands ready after Gilts setback

Fri, 17 April 2015

In the City of London and financial centres around the globe traders and analysts were left gnashing their teeth as their Bloomberg computer terminals crashed on Friday morning, with fixed income mark... [more]

Europe open: Indices mixed ahead of Eurozone and US inflation

Fri, 17 April 2015

European indices opened the session mixed ahead of the release of Eurozone and US consumer price figures. Analysts predict Eurostat will confirm the euro-area's consumer price index (CPI) fell at a 0.... [more]

Banco Sabadell to formalise bid for TSB

Fri, 17 April 2015

Spain's Banco Sabadell agreed to formalise the bid for TSB Banking Group valued at approximately £1.7bn, kicking off the acceptance period by the shareholders of the British bank. Josep Oliu's Sabadel... [more]

Nestle first quarter sales sweeter than expected

Fri, 17 April 2015

Nestle, the world's biggest packaged food maker, said an increase in prices and volume boosted its first quarter sales. The group said sales rose 0.5% to $20.9bn (£14.6bn), adding that currency headwi... [more]

Ex-IMF Chief Rodrigo Rato released following Spanish tax raid

Fri, 17 April 2015

Former IMF head Rodrigo Rato was released after Spanish customs officials searched his house as part of an anti-money laundering probe. During the search on Thursday, tax officials seized a dozen boxe... [more]

Commodities: Gold and oil steady, as base metals trade higher

Fri, 17 April 2015

Gold was holding firm around $1,200 an ounce, as the yellow metal's dollar connect came under scrutiny again over the uncertainty surrounding a further cut by the US Federal Reserve. At 07:06 BST on F... [more]

IMF's Lagarde rules out deferring Greek loan repayment

Fri, 17 April 2015

International Monetary Fund (IMF) managing director Christine Lagarde confirmed on Thursday that the institution will not allow Greece to defer repaying €971m (£700m) in instalments due next mont... [more]

US close: Dow edges lower amid mixed earnings and data

Thu, 16 April 2015

US stocks edged lower on Thursday, relinquishing gains late on as investors digested a raft of mixed economic data and earnings. The Dow Jones Industrial Average closed down 6.84 points, while the S&P... [more]

Netflix beats expectations during Q1 with 62.3m global subscribers

Thu, 16 April 2015

Netflix jumped on Thursday after announcing it added 4.9m new subscribers during the first quarter of the year. The provider of on-demand internet streaming has now 62.3m global streaming members arou... [more]

Party City rockets on launch of IPO

Thu, 16 April 2015

Party supplies chain Party City saw shares rocket by more than 20% after going public on Thursday. Buyout firm Thomas H. Lee Partners (THL) will continue to own a majority stake in the company after t... [more]

Europe close: Stocks in the red on Greek debt default fears

Thu, 16 April 2015

European stocks were in the red on fears of a Greek debt default, which sent yields on debt of the Mediterranean country shooting higher. Overnight, Germany's finance minister Wolfgang Schaeuble said ... [more]

Google forced to apologise after using false figures in EU defence

Thu, 16 April 2015

Google has been forced to apologise for using false data in its defence of European competition charges. Attempting to argue that antitrust charges levelled by the European Commission were untrue, the... [more]

NASDAQ 100 Top Risers

Name Last Chg.% Time
Mattel Inc. 26.75 5.84 22:10
Mylan Inc. 69.82 4.46 22:05
Seagate Technology Plc 57.43 2.63 22:05
Netflix Inc. 571.55 1.69 22:10
Western Digital Corp. 99.44 1.65 22:00

NASDAQ 100 Top Fallers

Name Last Chg.% Time
Vimpelcom Ltd Ads 5.67 -4.71 22:10
Check Point Software Technologies Ltd. 81.75 -3.55 21:59
Vertex Pharmaceuticals Inc. 125.07 -3.00 22:08
Ross Stores Inc. 100.40 -2.96 21:41
Yahoo! Inc. 44.45 -2.91 21:59