Airbus to cut A330 production rate in 2015
BERLIN (Reuters) – Planemaker Airbus will cut production rates of its A330 plane to nine a month from 10 in the fourth quarter of 2015 as it switches to a revamped version of the jet, the A330neo.
Chipmaker SanDisk forecasts lower revenue
(Reuters) – Chipmaker SanDisk Corp forecasts current-quarter revenue below analysts’ estimates due to supply constraints.
Google’s revenue falls short despite curbing price declines
SAN FRANCISCO (Reuters) – Google Inc’s revenue fell short of Wall Street’s expectations as growth in Internet advertising slowed in the most-recent quarter, offsetting a modest improvement in ad pricing, sending its shares down about 3 percent.
HBO standalone product risks alienating cable, satellite cos
NEW YORK (Reuters) – Time Warner Inc’s decision to make its prized HBO channel available to people who don’t subscribe to Pay TV may delight such “cord cutters” but will likely crank up tensions with cable and satellite TV service providers.
Apple’s new iPads sport modest upgrades but short on ‘wow’
CUPERTINO Calif. (Reuters) – Apple Inc’s faster, slimmer iPads come with modest improvements, such as a fingerprint sensor, but some analysts say it offers few other features to wow consumers ahead of a holiday shopping season expected to be swamped by…
S&P 500, Nasdaq end higher with energy; Dow down 6th day
NEW YORK (Reuters) – The S&P 500 and Nasdaq eked out slight gains on Thursday after another choppy session, as economic data eased fears about the potential effect of a weakening global economy on the United States.
Fusion-io integration hurts chipmaker SanDisk’s revenue forecast
(Reuters) – Chipmaker SanDisk Corp forecast current-quarter revenue below analysts’ estimates due to lower revenue from Fusion-io Inc, a solid-state storage products maker it acquired in June.
Exclusive: Wells Fargo to shut its ‘dark pool’ as demand falls
NEW YORK (Reuters) – Wells Fargo is closing down its alternative trading system, or “dark pool,” due to decreased customer demand, the company said on Thursday.
Google’s revenue falls short despite curbing price declines
SAN FRANCISCO (Reuters) – Google Inc’s revenue fell short of Wall Street’s expectations as growth in Internet advertising slowed in the most-recent quarter, offsetting a modest improvement in ad pricing, sending its shares down about 3 percent.
Data shows U.S. economy’s pulse is still strong
WASHINGTON (Reuters) – The number of Americans filing new claims for jobless benefits fell to a 14-year low last week and industrial output rose sharply in September, positive signals that helped ease fears over the economic outlook.
