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Wall St. falls as earnings from some big names disappoint


Disappointing corporate results from several heavyweights dragged Wall Street as investors looked for clues regarding the timing of the next interest rate hike ahead of a Fed meeting next week.

Monday biz blues

U.S. judge approves $14.7 billion settlement over VW diesel vehicles

WASHINGTON A U.S. federal judge on Tuesday approved Volkswagen AG's record-setting $14.7 billion settlement with regulators and owners of 475,000 polluting diesel vehicles, and the German automaker said it would begin buying back the vehicles in mid-November.

11:37am EDT

Deutsche Bank could integrate Postbank in strategic u-turn: sources

FRANKFURT Deutsche Bank is considering a u-turn in its retail banking strategy and may opt for a full integration of its Postbank operations instead of a sale, three people close to the bank said.

9:26am EDT

Must see TV: why gutting NAFTA unlikely to create U.S. jobs

CUIDAD JUAREZ, MEXICO Both U.S. presidential candidates routinely criticize free-trade deals they blame for the loss of American jobs.

Election 2016, Politics 9:52am EDT

Dollar hits multi-month highs against euro, yen on Fed bets

NEW YORK The dollar hit its highest level in nearly eight months against the euro and a roughly three-month high against the yen on Tuesday on growing expectations that the Federal Reserve would raise interest rates in December, while the offshore yuan hit a record low.

10:52am EDT

Interference with Bank of England would hurt UK assets: Carney

LONDON Bank of England Governor Mark Carney said on Tuesday that investors would demand a higher return for holding British assets, including government bonds, if the central bank's independence was called into question.

11:44am EDT
World Markets

BRIEF-Motionsoft says it has raised $5.54 mln in equity financing

* says it has sold $5.54 million in equity financing from total offering amount of $6.04 million - sec filing Source text : http://bit.ly/2f4L9oT

Financials, Technology 11:45am EDT

European stocks lifted by Randstad, Orange and miners

LONDON, Oct 25 European shares rose on Tuesday, as gains in Randstad, Orange and major mining companies lifted the region's stock markets.

European shares boosted by miners, DAX touches new 2016 peak

LONDON, Oct 25 European shares rose on Tuesday, with Germany's DAX briefly touching a new peak for 2016, as gains in major mining companies and solid corporate results at leading blue-chip firms buoyed markets.

CORRECTED-Nikkei rises to 6-mth high on weak yen; Kyushu Railway surges on debut

TOKYO, Oct 25 Japanese stocks rose to a six-month high on Tuesday as a weaker yen lifted hopes that exporters' earnings will recover, while Kyushu Railway Co jumped 15 percent in its market debut.

Asian Markets, Stocks 2:23am EDT

Hong Kong shares dip on sluggish China equities, Fed rate outlook

Oct 25 Hong Kong shares ended slightly lower on Tuesday after mainland markets put up a lacklustre performance and as investors were cautious about the increasing possibility of a U.S. interest rate increase in December.

Industrials, Financials 4:31am EDT


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