Latest Stock price movements News

Mixed finish for US stock indexes over weak retail sales

Feb. 14, 2019 4:54 PM EST

U.S. stock indexes clawed most of the way back from an early slide Thursday to finish mostly lower, ending a four-day winning streak for the benchmark S&P 500 index. Losses in banks and retailers and consumer products makers offset gains in health care stocks, technology companies and elsewhere in the market...

Asian shares retreat as China, US begin trade negotiations

Feb. 13, 2019 10:26 PM EST

SINGAPORE (AP) — Asian stocks were mostly lower on Thursday as China and the U.S. kicked off two days of trade negotiations in Beijing. Regional indexes have advanced for three straight days on hopes that both sides will make headway on big issues like Beijing's technology policy. Hong Kong's Hang Seng...

Asian shares mostly higher on US-China trade deal optimism

Feb. 12, 2019 10:47 PM EST

TOKYO (AP) — Asian shares were mostly higher Wednesday, cheered by prospects for a resolution to the costly trade dispute between the U.S. and China, which had also sent Wall Street indexes higher. Japan's benchmark Nikkei 225 added 1.5 percent to 21,185.59 in morning trading, while Australia's S&P/ASX...

JAB seeks to buy controlling stake in CoverGirl maker Coty

Feb. 12, 2019 2:04 PM EST

NEW YORK (AP) — European conglomerate JAB Holdings is seeking a majority stake in Coty Inc., which makes CoverGirl, Max Factor and Hugo Boss brand cosmetics and fragrances. JAB is offering to buy up existing stock from shareholders at $11.65 per share, marking a 20 percent premium from its closing on...

Asian stocks rise after listless Wall Street day

Feb. 11, 2019 11:04 PM EST

BEIJING (AP) — Asian stocks rose Tuesday following a listless day on Wall Street as investors looked ahead to U.S.-Chinese trade talks. KEEPING SCORE: Tokyo's Nikkei 225 rose 2 percent to 20,745.28 and the Shanghai Composite Exchange added 0.3 percent to 2,661.89. Hong Kong's Hang Seng was 1.5 points...

Twitter posts bigger 4Q profit, monthly user base slips

Feb. 7, 2019 9:18 AM EST

NEW YORK (AP) — Twitter is reporting that revenue and profit and its daily user base all grew in the final three months of 2018. But its monthly user count slipped and guidance for the current quarter was below some expectations and shares fell in premarket trading. The San Francisco company disclosed its...

Asian markets rise on hopes for interest rate cuts

Feb. 6, 2019 10:53 PM EST

SINGAPORE (AP) — Asian shares were mostly higher Thursday on news that the Reserve Bank of Australia may cut interest rates, driving hopes that other central banks could come to the same conclusion. Markets in China, Hong Kong and Taiwan were closed for Lunar New Year. Philip Lowe, the governor of...

Asia shares lower, most markets closed for Lunar New Year

Feb. 4, 2019 11:39 PM EST

BANGKOK (AP) — Shares are lower in most markets open in Asia with much of the region taking a break for the Lunar New Year. Shares edged lower in Japan and India on Tuesday but surged 2.1 percent in Australia following a report on banking malpractices that was less severe than anticipated. The weak showing...

Google parent beats Q4 estimates, stock still drops

Feb. 4, 2019 8:12 PM EST

SAN FRANCISCO (AP) — Google parent company Alphabet beat Wall Street expectations for its fourth quarter earnings Monday, although its stock slid in after-hours trading over investor concerns about increased spending. Alphabet swung to a profit of $8.9 billion, up from a $3 billion loss in the same period...

Goldman execs may have pay cut over Malaysian fund scandal

Feb. 1, 2019 8:27 PM EST

Goldman Sachs Group's board is taking steps to slash its top executives' 2018 compensation, depending on the outcome of investigations into the investment bank's role in the ransacking of a multibillion-dollar Malaysian state investment fund. In a filing with the Securities and Exchange Commission late Friday,...