Noticias de Hoy

NEW YORK (Reuters) – Third-quarter U. S. earnings have just begun, but already U. S. companies are sounding alarm bells about the fourth quarter. Outlooks for the fourth quarter – just two weeks old – are so far decidedly more negative than positive. Thomson Reuters data shows 11 negative outlooks so far from Standard & Poor’s 500 companies and no positive outlooks. Third-quarter guidance, meanwhile, at the comparable period showed 6 negative outlooks and no positive. . . .

View full post on Business News Headlines – Yahoo! News

NEW YORK (Reuters) – Stocks wrapped up their worst week in four months, led lower on Friday by financial shares as results from Wells Fargo and JPMorgan ignited concerns about shrinking profit margins for big lenders. Shares of Wells Fargo fell 2. 6 percent to $34. 25 and JPMorgan Chase & Co lost 1. 1 percent to $41. 62 as concerns grew over their lower net interest margin – the difference between what a bank pays on deposits and what it makes on loans – which could narrow further as the Federal Reserve keeps interest rates near zero. . . .

View full post on Business News Headlines – Yahoo! News

NEW YORK (Reuters) – Stocks fell on Friday after revenue from Wells Fargo disappointed investors, offsetting a jump in consumer sentiment to a five-year high. Wells Fargo , the biggest U. S. home lender, lost 3. 3 percent to $34. 03 after its total quarterly revenue of $21. 2 billion missed analysts’ forecasts. That shortfall prompted investors to sell other bank shares, in spite of a record quarterly profit reported on Friday by JPMorgan Chase & Co . Shares of JPMorgan slid 1 percent to $41. 68. The KBW Bank index lost 2. 5 percent. . . .

View full post on Business News Headlines – Yahoo! News

LONDON (Reuters) – European shares dipped and the euro steadied on Friday, with both on course to end the week down as worries about the euro zone’s crisis strategy, the upcoming U. S. election and slowing global economic growth limit the appeal of riskier assets. Having enjoyed a 1. 2 percent gain on Thursday, the Euro STOXX 50 index of top European blue-chips dropped 0. 3 percent to 2478. 57 points when trading resumed. It is course to end the week roughly 1. 4 percent lower. . . .

View full post on Business News Headlines – Yahoo! News

SINGAPORE (Reuters) – Asian stocks and the euro steadied on Friday, but were on course for a losing week as worries about weak corporate earnings and slowing global economic growth limit the appeal of riskier assets. Mining stocks, sold off earlier in the week, led gains after a bounce in copper and iron ore prices on Thursday. MSCI’s broadest index of Asia Pacific shares outside Japan edged up 0. 1 percent, with the materials sub-index gaining 0. 4 percent. Japan’s Nikkei was flat after closing at its lowest in two months on Thursday. . . .

View full post on Business News Headlines – Yahoo! News

NEW YORK (Reuters) – U. S. stocks erased most gains and were little changed on Thursday as a drop in Apple shares after a legal ruling dented broad market gains on a sign of improvement in the jobs market. Apple shares fell 1. 4 percent to $632. 25 after a U. S. appeals court overturned a preliminary injunction on the sale of Samsung Electronics Co Ltd’s Galaxy Nexus smartphone, dealing a blow to Apple Inc in a battle against Google Inc’s increasingly popular mobile software. "The tone was positive before the claims data, so it gave us a nice boost. . . .

View full post on Business News Headlines – Yahoo! News

NEW YORK (Reuters) – Stock index futures added to their gains Thursday after a bigger-than-expected drop in weekly jobless claims, a sign of improving labor market conditions. S&P 500 futures rose 7. 2 points and were above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures added 53 points and Nasdaq 100 futures rose 16. 75 points. (Reporting by Ryan Vlastelica; Editing by Bernadette Baum)

View full post on Business News Headlines – Yahoo! News

NEW YORK (Reuters) – Standard & Poor’s on Wednesday cut Spain’s sovereign credit rating to BBB-minus, just above junk territory, citing a deepening economic recession that is limiting the government’s policy options to arrest the slide. The S&P downgrade comes with a negative outlook reflecting the credit ratings agency’s view that there are significant risks to economic growth and budgetary performance, plus a lack of clear direction in euro zone policies. . . .

View full post on Business News Headlines – Yahoo! News

NEW YORK (Reuters) – The S&P 500 fell for a fourth day on Wednesday, weighed down by disappointing news from Chevron and Alcoa as earnings season got under way. Chevron shares dropped 4. 2 percent to $112. 45 after it said third-quarter profits would be "substantially lower" than the previous quarter, while Alcoa fell 4. 6 percent to $8. 71 after it posted a quarterly loss. The company cut its outlook for global aluminum demand, citing a slowdown in China. Both stocks are Dow components, and the blue-chip average posted its biggest daily percentage drop since early July. . . .

View full post on Business News Headlines – Yahoo! News

NEW YORK (Reuters) – U. S. stocks dipped on Wednesday as earnings season began with Alcoa forecasting slower demand for aluminum, while a profit warning from Chevron weighed on the energy sector. But declines were muted as Yum Brands Inc , climbed 8 percent to $70. 99 and was the best performer on the S&P 500. The parent company of KFC and other fast-food restaurants raised its full-year outlook after sales in China held up despite slowing Chinese growth. The overall tone at the start of the earnings season was downbeat, however. . . .

View full post on Business News Headlines – Yahoo! News