TODAY'S TOP STORIES

Share SHARE

Groupe-Danone-072514.jpg French diary giant Danone SA Friday said its first-half profit declined from last year, hurt by decreased sales in dairy and early-life nutrition businesses. The company, confirmed its annual outlook. According to Danone, results for the period reflected high bases for year-on-year comparisons linked to Fonterra's false safety alert, inflation in milk prices, and weak currency trends...

Airfrance-KLM-072514.jpg Shares of Air France - KLM were gaining around 5 percent in early morning trading in Paris after the Franco-Dutch airline reported Friday sharply narrower net loss in its second quarter. Adjusted net income was benefited by margin strength, despite lower revenues. Further, the company backed its fiscal 2014 EBITDA view.

GermanGFK-072514.jpg Germany consumer confidence is set to improve further in August to the strongest level since December 2006 despite escalating geopolitical tensions in Israel and Ukraine, data from market research group GfK showed Friday. The forward-looking consumer sentiment index rose to 9 in August, while it was expected to remain unchanged at 8.9. This was the highest value recorded since December 2006.

Vodafone-072514.jpg Telecom giant Vodafone Group Plc. (VOD.L, VOD) Friday reported growth in revenue for the first quarter, adding that its performance is beginning to stabilise quarter-on-quarter in several European markets.

Lafarge-072514.jpg French cement giant Lafarge SA (LFGEF.PK, LFRGY.PK) Friday reported increased net profit for the second quarter. However, adverse exchange rates continued to weigh on sales and EBITDA, with a 7 percent negative impact on both during the quarter.

stock-market-8_25Jul14.jpg European stocks are seen opening lower on Friday as geopolitical concerns persist and growth worries resurfaced. In an update to its World Economic Outlook report, the International Monetary Fund slashed its 2014 global growth forecast to 9.4 percent this year, down from 3.7 percent it predicted in April,...

Biotechnology-072214.jpg A regulatory application for malaria vaccine candidate, RTS,S, submitted to the European Medicines Agency by GlaxoSmithKline plc (GSK) has been accepted for review, thus becoming the world's first malaria vaccine candidate to undergo regulatory review.

starbucks-072414.jpg Coffee retailer Starbucks Corp. (SBUX), Thursday reported a 23 percent increase in third-quarter profit, after registering double-digit growth in revenues on new store openings and strong customer traffic. The retailer's earnings and revenues for the quarter came in ahead of Wall Street's expectations. Moving...

pandora-072414.jpg Pandora said its second-quarter loss widened, hurt by expenses that offset growth in revenue. However, the results topped Wall Street estimates. The Internet radio provided weak guidance for the third quarter, but boosted expectations for 2014. Investors were disappointed with the announcement, sending Pandora shares down 12 percent.

visa-072414.jpg Visa reported an 11 percent increase in third-quarter profit, as more users swiped their cards for payments, with results topping Wall Street estimates. The company cut its outlook for 2014, and now expects constant revenue growth of 9 percent to 10 percent...

amazon-072414.jpg Amazon.com, Inc. said Thursday that its second quarter loss widened from last year, as operating expenses outpaced revenue growth amid heavy spending on new technology and contents. The company's quarterly loss per share was also wider than what analysts expected, but is quarterly sales came in line with analysts' forecast. The company also forecast an operating loss for the current quarter.

wallstreet1-103112_24Jul14.jpg After failing to sustain an initial upward move, stocks showed a lack of direction throughout much of the trading day on Thursday. The major averages eventually closed nearly unchanged, turning in a mixed performance for the second straight day.

Oil-041812_24Jul14.jpg U.S. crude oil ended sharply lower Thursday with prices pushing the $102 mark, on some soft new homes sales and manufacturing activity data from the U.S., largely offsetting an upbeat reading on first-time claims for unemployment benefits. New home sales in the U.S. plunged over 8 percent in June,...

Goldbars2-022513_24Jul14.jpg Gold futures slipped for a third straight session to end sharply lower on Thursday, after some strong earnings results and upbeat first-time claims for unemployment benefits data from U.S. prompted investors to opt for riskier assets. Initial jobless claims in the U.S. unexpectedly dropped to their...

wallstreet4-103112_24Jul14.jpg While buying interest has remained somewhat subdued, stocks are seeing modest strength in mid-day trading on Thursday. The slim gains on the day have lifted the S&P 500 to a new record intraday high above the 1,990 level.