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Average US 30-year mortgage rate up to 4.33 pct

 

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LME copper rises on supply‑demand hopes

Copper on the London Metal Exchange (LME) has closed higher as investors saw an improved supply‑demand outlook for the metal....

AT&T margin weakness fuels concern about US cellular sector

NEW YORK (Reuters) - Increasingly aggressive discounting is taking a toll on AT&T Inc and U. S. cellular rivals as they struggle to attract customers...

Large Scania shareholder accepts Volkswagen bid

Volkswagen has come closer to realizing its ambition to takeover Scania after the fourth largest shareholder in the Swedish truck maker announced it will accept...

Tech giants win big in first quarter results

Summary: Apple's 7-for-1 stock split; Facebook profit triples; stocks break six‑day winning streak; Boeing earnings beat forecasts; Amazon's HBO deal. Bobbi Rebell reports....

Boeing posts higher adjusted profit, lifts 2014 forecast

(Reuters) - Rising jet production helped Boeing Co post a 14 percent rise in adjusted net profit in the first quarter, beating estimates, and the...

Apple to boost share buyback and split stock

Apple on Wednesday said that it plans to buy back an additional $30 billion worth of shares and split its stock.

The moves backed by...

New Zealand hikes interest rates again

New Zealand's central bank lifted interest rates for the second time in as many months on Thursday, saying it was necessary to contain inflation as...

Facebook profits nearly triple in first quarter

Facebook profits nearly tripled to $642 million in the first quarter on a 72 percent surge in revenues, helped by gains in mobile users and...

Procter & Gamble 3rd‑quarter results mixed

Procter & Gamble Co.'s fiscal third‑quarter net income rose 2 percent, bolstered by some lower expenses and a reduced tax rate....

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