FOX News: Business

Syndicate content FOX Business
FOXBusiness.com - Breaking news and video. Latest Current News: News, Investing, Technology, Personal Finance, Business Leaders, Travel, On Air, Small Business.
Updated: 2 min 32 sec ago

China contributes $6 million to fight food shortages in Ebola-affected countries

Mon, 10/20/2014 - 7:04am
China has donated $6 million to help stave off food shortages in the three African countries worst affected by the Ebola virus, the World Food Program announced Monday, part of Beijing's growing assistance to a continent where its companies have become major investors.
Categories: FOX News

Eurozone's monetary authority starts purchases of securities aimed at stimulating bank lending

Mon, 10/20/2014 - 7:01am
The European Central Bank has started buying securities called covered bonds as it launches its latest stimulus effort aimed at preventing the 18-country eurozone economy from sinking back into recession.
Categories: FOX News

Investor group to buy utility holding company Cleco for $3.4 billion

Mon, 10/20/2014 - 7:01am
An investment group led by Macquarie Infrastructure and Real Assets will buy the Louisiana power company Cleco for $3.4 billion.
Categories: FOX News

IBM Posts Wide Third-Quarter Miss

Mon, 10/20/2014 - 6:57am
Big Blue posted third-quarter earnings that missed Wall Street expectations, sending shares more than 5% lower in pre-market trade.
Categories: FOX News

Hasbro Adjusted Earnings Above Expectations; Sales Rise

Mon, 10/20/2014 - 6:55am
Toy maker Hasbro Inc. on Monday posted quarterly adjusted earnings that were above Wall Street's expectations.
Categories: FOX News

Sears Says Board OK's $625 Million Debt-and-warrant Offering

Mon, 10/20/2014 - 6:51am
Sears Holdings Corp. said its board has approved a rights offering that will allows shareholders to buy up to $625 million in 8% senior unsecured notes due 2019 and warrants to buy shares of its common stock.
Categories: FOX News

Cleco To Be Bought Out By Investor Group For $55.37 Per Share

Mon, 10/20/2014 - 5:59am
Cleco Corp. , a Louisiana-based public utility holding company, said it will be bought out by a group of North American investors for $55.37 per share in cash, an agreement that values the company at $3.47 billion, plus the assumption of $1.3 billion of assumed debt.
Categories: FOX News

Marc Andreessen Stepping Down From EBay's Board

Mon, 10/20/2014 - 5:49am
Business venture capitalist Marc Andreessen is resigning from eBay Inc.'s board, the e-commerce heavyweight said Monday.
Categories: FOX News

Shares in Dutch feed company Nutreco surge after $3.43 billion takeover offer

Mon, 10/20/2014 - 5:15am
Shares in Dutch animal and fish feed supplier Nutreco NV have surged after the company announced a management-backed 2.69 billion ($3.43 billion) takeover offer from privately-owned trading company SHV Holdings.
Categories: FOX News

Electrolux third-quarter profits, sale ups buoyed by American growth, efficiency in Europe

Mon, 10/20/2014 - 4:46am
Electrolux says third-quarter growth in the Americas and increased efficiency in Europe helped the home-appliance maker achieve a 42 percent jump in earnings, with overall sales growth of more than 5 percent.
Categories: FOX News

Data show German government's tax income still rising as Berlin faces pressure to spend more

Mon, 10/20/2014 - 3:16am
New data show that the German government's tax receipts are still rising as Berlin faces cooling growth prospects at home and pressure from abroad to increase spending.
Categories: FOX News

Spanish Nurse Teresa Romero Tests Negative For Ebola

Mon, 10/20/2014 - 2:56am
Teresa Romero, the Spanish nursing aide who became the first person outside of West Africa to contract Ebola, has tested negative for the virus for the first time.
Categories: FOX News

Philips sales stagnant in 3rd quarter, posts loss after losing patent infringement suit

Mon, 10/20/2014 - 2:45am
Royal Philips NV, the world's largest lighting maker, has reported a 104 million-euro ($132 million) loss for the third quarter, mostly due to a one-off charge after losing a patent infringement lawsuit against Masimo Corp. of the U.S.
Categories: FOX News

Japan leads Asian stock markets higher after US rebound, China growth figures eyed

Sun, 10/19/2014 - 11:48pm
Asian stock markets rose Monday, led by a 3 percent surge in Japan, as nerves about the outlook for the world economy steadied after big gains on Wall Street.
Categories: FOX News

Asia Stocks: Latest Quotes

Sun, 10/19/2014 - 10:15pm
Here are the latest trading levels for Asia's major stock markets: Tokyo (Nikkei Average) up 3.4% ; Hong Kong (Hang Seng Index) up 0.8% ; Shanghai (Shanghai Composite Index) up 0.3% ; Sydney (S&P/ASX 200) up 0.9% ; Seoul (Kospi) up 1.5% Taipei (Taiex) up 1.7%
Categories: FOX News

Hong Kong Stocks Join Regional Rally

Sun, 10/19/2014 - 10:08pm
Hong Kong stocks joined the rest of Asia in solid gains early Monday, with the Hang Seng Index up 1%, and the mainland-China-tracking Hang Seng China Enterprises Index higher by 1.5%.
Categories: FOX News

Japan Government Pension Fund To Buy More Stocks: Report

Sun, 10/19/2014 - 9:32pm
Japan's massive Government Pension Investment Fund (GPIF) is working on plans to raise the amount of its assets invested in domestic stocks to about 25%, the Nikkei reported Saturday.
Categories: FOX News

Japan Stocks Rally Back From Correction Territory

Sun, 10/19/2014 - 8:29pm
Techs and auto makers led Japanese stocks to a solid rebound early Monday, based mainly on an easing for the yen and a positive cue from the U.S. markets.
Categories: FOX News

Australia Stocks Rise Toward Fifth Straight Win

Sun, 10/19/2014 - 7:48pm
Australian stocks rocked higher in early Monday trade as solid gains for U.S. shares last Friday and a halt to losses for key commodities helped to send the S&P/ASX 200 rising 1.2% in initial trades, stalking what would be the benchmark's fifth straight session of gains.
Categories: FOX News

NY comptroller says most H&R Block voting shareholders back political spending disclosure

Sun, 10/19/2014 - 4:41pm
The New York comptroller says most voting shareholders backed his proposal that H&R Block disclose spending on political activities including candidates, parties, ballot measures and lobbying.
Categories: FOX News