Lackluster factory data hits world stocks, dollar up

LONDON - Stocks worldwide began the fourth quarter on a negative note on Wednesday, with investors wary of lackluster economic data and keeping a cautious eye on civil unrest in Hong Kong.

Recent Business News

If analysts don't ask questions, expect stock declines: study

NEW YORK - Earnings conference calls that inspire little more than silence are not a great sign for the company's shares in the days that follow, according to a study released on Wednesday.

12:27am EDT

Analysis: Ford's rosy 2020 outlook hinges on new F-150, Lincoln

DETROIT - If Ford Motor Co's new chief executive Mark Fields hoped to muffle the shock of an earnings outlook rollback on Monday by unveiling aggressive growth targets for 2020, then it did just the opposite, as investors and analysts were doubtful about the ambitious plan.

30 Sep 2014

Argentina defies U.S. court order by depositing debt payment

BUENOS AIRES - Argentina deposited a $161 million bond interest payment with a newly appointed local trustee on Tuesday, the Economy Ministry said, defying a U.S. judge who held it in contempt a day earlier for taking illegal steps to meet its debt obligations. | Video

BNY Mellon to shut derivatives sales, trading business

- Bank of New York Mellon Corp will exit the derivatives sales and trading business that operates as part of the company's global markets group.

30 Sep 2014

Mercer cuts ratings on Pimco funds, more outflows could follow

NEW YORK - Influential pension consultant Mercer Investment Management has downgraded its ratings on five Pimco funds, possibly triggering another wave of institutional investor outflows from the Newport Beach, California, bond fund manager.

30 Sep 2014


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