Disney profit meets estimates with help from ‘Guardians’ film
(Reuters) – Walt Disney Co posted quarterly profit that fell in line with Wall Street expectations as the media and theme park giant rode the blockbuster performance of its movie box office hits “Maleficent” and “Guardians of the Galaxy.”
U.S. jobless claims, wages data point to tightening market
WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits fell more than expected last week and compensation accelerated in the third quarter, in the latest signs of tightening labor market conditions.
Dow, S&P 500 hit records in volatile trading
NEW YORK (Reuters) – U.S. stocks edged up in a volatile session on Thursday, with the Dow and S&P 500 hitting fresh record closing highs on an indication that the European Central Bank would take more policy action if needed to boost a struggling euro zone economy.
BofA triples third-quarter loss due to forex legal expense
(Reuters) – Bank of America Corp tripled its third-quarter loss to $232 million, in a revision that added legal costs related to global investigations into foreign exchange trading at major banks.
Honda upgrades recall of cars with faulty Takata air bags
DETROIT (Reuters) – Honda Motor Co said it will recall an undisclosed number of U.S. cars from model years 2001 to 2006 to replace potentially defective Takata Corp air bags.
‘Guardians’, ‘Maleficent’ drive Disney’s revenue higher
(Reuters) – Walt Disney Co reported a better-than-expected 7 percent increase in quarterly revenue on Thursday, driven by hit movies “Guardians of the Galaxy” and “Maleficent.”
Dow, S&P 500 hit records in volatile trading
NEW YORK (Reuters) – U.S. stocks edged up in a volatile session on Thursday, with the Dow and S&P 500 hitting fresh record closing highs on an indication that the European Central Bank would take more policy action if needed to boost a struggling euro zone economy.
Exclusive: Struggling in India, Toyota asks Daihatsu minicar unit to help – sources
OSAKA Japan/NEW DELHI (Reuters) – Toyota Motor Corp is struggling to crack the affordable end of India’s car market and has called on mini-car affiliate Daihatsu for help – a tacit admission that the Japanese autos giant doesn’t always get it right in …
Apple blocks malware targeting products in China
(Reuters) – Apple Inc said it has identified and blocked malicious software applications targeting users in China.
Exclusive: Some senior Merrill brokers leave, BofA executives concerned – sources
NEW YORK (Reuters) – A number of high-profile brokers have left Bank of America Corp’s Merrill Lynch wealth management unit in recent weeks, and top executives at the company have grown concerned enough to ask business head John Thiel to explain the de…
