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U.S. markets news

Amazon lost nearly half a billion dollars in the past three months
Amazon, the US retail giant, has revealed its lost nearly $500m in the past three months, the largest amount in its history. Shares in the company dropped 11pc in after-hours trading, wiping more than $15bn off the value of the company.
Losses Jump at Amazon, as Investments Pile Up  New York Times
Amazon in for 'blue Christmas' season?  Deutsche Welle
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German chemical, oil company BASF cuts 2015 outlook as global economic ...
BERLIN - Chemical and oil company BASF is warning that its profits will come in below its previous forecast in the wake of slower global economic growth and industrial production.
BASF slashes 2015 targets on slowing global growth  Financial Times
Germany's BASF cuts 2015 profit outlook  MiamiHerald.com
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GDP rises by 0.7% in third quarter
UK economic growth slowed in the three months to September, with the economy expanding by just 0.7%, the Office for National Statistics said.
U.K. Economic Growth Slows as Obstacles to Recovery Mount  Bloomberg
British economy grows 0.7 percent  Washington Post
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S&P 500 Futures Little Changed Amid New York Ebola Case
U.S. stock-index futures slid after a doctor in New York tested positive for Ebola, the first case of the deadly disease diagnosed in the most populous U.S.
Euro dips on caution ahead of banks' stress test results, yen firm  Reuters
Yen rallies on safe-haven bids on news of New York Ebola case  Economic Times
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Commodities: A partial pump primer
ew economic forces are more important than commodity prices. When they rise they transfer riches and power from consumers to producers; when they fall, it is as near as anything in economics to a free lunch for consumers.
China Sept. home prices continue to moderate  Xinhua
China's property prices see first year-on-year drop in nearly two years  The Straits Times
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German consumer confidence to rebound in Nov.: GfK
FRANKFURT--German consumer confidence is expected to rebound in November, a sentiment survey released Friday showed, signaling that citizens of Europe's largest economy have become less sensitive to conflicts across the globe and their impact on ...
Survey: German consumer confidence stabilizes  SCNow
German consumer confidence stops falling 24.10.2014  Deutsche Welle
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Strong earnings lead to strong market
NEW YORK - A combination of strong company earnings and encouraging economic reports, both in the United States and Europe, gave the stock market another day of solid gains Thursday.
Wall Street gains on industrial earnings, but ends off highs  Economic Times
US stocks jump following strong corporate earnings  Boston Globe
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GM profit nearly doubles
DETROIT - Big profits from rising SUV and truck sales in North America helped General Motors nearly double its third-quarter net profit and more than offset its struggles in Europe and South America.
GM third-quarter earnings exceed expectations  Boston Globe
GM Posts Higher-Than-Expected Profit on Strong North American Demand  NDTV
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Ericsson Profit Declines as Costs Offset Rising China Sales
Ericsson AB (ERICB) reported a 9.4 percent decline in third-quarter profit as it boosted spending to compete for contracts to build faster wireless networks in countries such as China.
Ericsson profit down 10 pct despite higher sales  seattlepi.com
Ericsson revenue rises, beating expectations  MarketWatch
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Pfizer's $11 billion buyback plan deflates AstraZeneca bid hopes
LONDON/NEW YORK (Reuters) - U.S. drugmaker Pfizer is to continue buying back stock, with the board authorizing a new $11 billion share repurchase plan, deflating expectations that it will make a new bid for AstraZeneca.
Pfizer announces it will buy back $11 billion in shares  Livemint
Pfizer authorizes $11 billion stock repurchase  MarketWatch
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