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U.S. Stocks Open Higher; Alcoa Rallies

Wed, 04/09/2014 - 9:34am
U.S. stocks began Wednesday's session slightly higher, building on the previous day's modest gains.
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Constellation Brands 4Q Profits Pop as Consumers Guzzle Beer

Wed, 04/09/2014 - 9:15am
Constellation Brands' fourth-quarter profit nearly doubled, helped by strong sales of its beers like Corona and Modelo Especial in the U.S.
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Treasurys Slide Before Auction, Fed Minutes

Wed, 04/09/2014 - 9:02am
Treasury prices slid Wednesday, on pace to snap a four day win streak ahead of an auction of benchmark notes and minutes from the Federal Reserve's last policy meeting.
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Markets Risk 'disappointment' As Rates Rise, IMF Says

Wed, 04/09/2014 - 9:00am
Markets risk "disappointment" in an environment of rising interest rates unless equity valuations become better supported by rising earnings, capital investment, and aggregate demand, the International Monetary Fund said Wednesday as part of its global financial stability report.
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Greece To End Its Bond Market Exile On Thursday- Sources

Wed, 04/09/2014 - 8:45am
Bailed-out Greece is set to end its four-year exile from bond markets on Thursday with a five-year issue, three sources said on Thursday.
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Gold Nears Two-Week Highs Ahead of Fed Minutes

Wed, 04/09/2014 - 8:24am
Gold steadied on Wednesday ahead of the release of minutes of the U.S. Federal Reserve's latest policy meeting, as a firmer dollar and fresh outflows from bullion-backed funds offset support from concerns over tensions in Ukraine.
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Microsoft Partners Lenovo, Tencent To Offer XP Tech Support In China

Wed, 04/09/2014 - 8:19am
Microsoft Corp has partnered Lenovo Group Ltd and Tencent Holdings Ltd to provide software security services for Windows XP users in China, after the U.S. tech firm stopped updating the operating system.
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Comcast, Time Warner To Face Lawmakers On Merger Plan

Wed, 04/09/2014 - 8:02am
Executives from Comcast and Time Warner Cable are expected to defend their plan to merge as they go before the Senate Judiciary Committee. 
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Constellation Up After Topping Earnings Forecast

Wed, 04/09/2014 - 7:57am
Shares of beverage maker Constellation Brands Inc. rose 2.5% in premarket action Wednesday morning after fiscal fourth-quarter earnings topped Wall Street forecasts.
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Toyota To Recall Nearly 6.5 Million Vehicles For Steering, Other Faults

Wed, 04/09/2014 - 7:49am
Toyota Motor Corp, in its second-largest recall announcement, said on Wednesday that it would call back 6.39 million vehicles globally after uncovering five different faults involving parts ranging from steering to seats.
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Mortgage Applications Fell Last Week As Refinance Down: MBA

Wed, 04/09/2014 - 7:48am
Applications for U.S. home mortgages fell last week as refinancing slipped, an industry group said on Wednesday.
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Justice Department Wary Of Bitcoin, Attorney General Says

Wed, 04/09/2014 - 7:37am
The Justice Department has to be creative to ensure criminals don't use virtual currencies to secretly move funds, Attorney General Holder said.
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JPMorgan's Dimon Says U.S. Banks Healthy, Europe Lagging

Wed, 04/09/2014 - 7:34am
European banks still lag the U.S., which has almost completely recovered from the global financial crisis, Jamie Dimon, JPMorgan CEO, said.
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World Markets Extend U.S. Rebound Bid

Wed, 04/09/2014 - 6:18am
Growing appetite for emerging-market assets sent Asian shares higher Wednesday, giving markets in Europe a more modest lift.
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Europe Stocks Rise; Volkswagen Gains After Upgrade

Wed, 04/09/2014 - 3:20am
European stocks opened higher Wednesday, aiming for a win after two sessions of declines.
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IPO For Nigeria-based Seplat Valued At $1.9 Billion

Wed, 04/09/2014 - 3:17am
Nigerian oil and gas firm Seplat Petroleum Development Company PLC on Wednesday priced its initial public offering for a listing on the London Stock Exchange of 210 pence per share ($1.67).
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Olympus says being sued by six banks for $273 million over 2011 scandal

Wed, 04/09/2014 - 2:38am
Olympus Corp on Wednesday said six Japanese trust banks have filed a lawsuit against the endoscope maker seeking 27.
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Toyota Recalls Almost 6.4 Million Vehicles Worldwide

Wed, 04/09/2014 - 1:52am
Toyota Motor Corp. is recalling 6.39 million vehicles worldwide, including 2.3 million in North America, reports said Wednesday.
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American Airlines: Weather Hurt 1Q Results

Tue, 04/08/2014 - 6:10pm
American Airlines Group on Tuesday said flight cancellations due to bad weather hurt its first-quarter results, joining other carriers that blamed the weather for a drag on business during the period.
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GM says it has 'fully cooperated' with U.S. safety regulators

Tue, 04/08/2014 - 6:08pm
General Motors Co said on Tuesday it has "fully cooperated" with the National Highway Traffic Safety Administration, which says the company has not fully responded to 107 questions the agency asked about the automaker's recall of 2.
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