- Stocks fall sharply in wake of Amazon, Visa earnings
Amazon plunges 11%, Visa sinks nearly 5%, and Pandora loses 13% after results miss forecasts and spook investors. Traders are also watching political tensions in the Middle East and Ukraine.
- Amazon shares dive after quarterly loss widens
- Feds cap fines for not buying health insurance
- Mysterious Cynk tanks 80% as trading resumes
- SodaStream trader nets 3,000% gain in 2 hours
- Amazon's new $200 Fire Phone arrives in stores
- House votes to limit child tax credit for immigrants
- Meat, seafood prices rising on drought, disease
- Fast-food workers set to escalate pay demands
- Pot may be legal, but your neighbors can ban it
- Ikea billionaire aims to lure savers with new bank
- Family feud sparks worker revolt at grocery chain
- Big worry on Wall Street: Stock trading is dying
The trick to navigating a midlife crisis is to mitigate the financial damage, or at least make sure the crisis is worth having.
- U.S. business spending data gives mixed signals on growth11:37 AM ET | Reuters
- In China meat scandal, McDonald's Japan switches to Thai chicken, no nuggets in Hong Kong6:19 AM ET | Reuters
- Citigroup unit to pay $5 million to settle SEC charges12:16 PM ET | Reuters
- Wall Street weighed by results as Amazon, Visa disappoint12:52 PM ET | Reuters
- BSkyB to pay $9 billion to create Sky Europe12:22 PM ET | Reuters
- Russia takes aim at McDonald's burgers as U.S. ties worsen11:19 AM ET | Reuters
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[BRIEFING.COM] It has been a tough go for the stock market today, which has been buffeted by disappointing earnings guidance from some notable companies and geopolitical unease ahead of the weekend.
The EU is reportedly set to announce new sanctions against Russia; meanwhile, Russia's foreign minister has reiterated that the US shares some of the blame for the bloodshed in Ukraine. The takeaway for market participants is that things aren't getting any better on the diplomatic front ... More
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