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U.S. markets news

US economy cools in fourth quarter, but consumer spending shines
WASHINGTON (Reuters) - U.S. economic growth slowed sharply in the fourth quarter as weak business spending and a wider trade deficit offset the fastest pace of consumer spending since 2006.
Economy in U.S. Expanded Less Than Forecast Last Quarter  Bloomberg
US growth cools in fourth quarter, but consumer spending robust  CNBC
ABC News  
Greek bank debt plummets as investors head for the exit
... * Greek bank debt hits all-time lows. * Investors view sector as un-investable. By Alice Gledhill. LONDON, Jan 30 (IFR) - The price of Greek bank debt hit all-time lows this week, shutting off their access to wholesale funding and increasing their reliance on ...
Greece really might leave the euro  Washington Post (blog)
EU Says Greek Prime Minister Due in Brussels Next Week  Wall Street Journal
Russia Unexpectedly Cuts Key Rate as Economy Eclipses Ruble
(Bloomberg) -- Russia's central bank unexpectedly cut its benchmark interest rate by two percentage points, letting the ruble slide as the economy sinks toward recession.
UPDATE 4-Russian rouble falls after c.bank cuts key rate  Reuters
Russia unexpectedly cuts interest rates to 15%  USA TODAY
Slowing US economy, worker pay likely to give the Fed pause
Economic growth slowed in final months of last year, suggesting the recovery is still struggling to gain significant traction. The Commerce Department's advance estimate of GDP growth in the fourth quarter of 2014, released Friday morning, shows the ...
Wage inflation slows in fourth quarter  MarketWatch
US growth slows to 2.6% in fourth quarter  Financial Times
RPT-Despite Glass failings, Google defends 'license' to spend
SAN FRANCISCO Jan 29 (Reuters) - Google Inc plans to keep making ambitious and costly bets on futuristic products, even if it means shelving some of its most beloved projects.
Credit Suisse Rating Disclosure on Google Inc  Stafford Daily
RBC Capital Lowers Google Price Target to $650.00 (GOOG)  sleekmoney
Northrop Grumman Appoints Frank Spina Managing Director, Northrop ...
POMEZIA, Italy, Jan. 30, 2015 /PRNewswire/ -- Northrop Grumman Corporation NOC, +3.79% has named Frank Spina managing director of the company's navigation systems subsidiary in Italy based in Pomezia, effective immediately.
Northrop Grumman Outperforms In Fourth Quarter Earnings  Maine News
Northrop upbeat as bomber award looms  HeraldNet
AWS move, disclosure suggest Amazon yielding more to Wall Street
After years of giving investors the cold shoulder, Amazon.com is starting to warm up to Wall Street. The No. 1 U.S. online retailer was unusually forthcoming during its fourth-quarter earnings call on Thursday, saying it will break out results this year, for the first ...
Amazon rewards Investors with better than expected profit  Maine News
Amazon Tops on Q4 Earnings, Expect More Color on AWS/Prime  Zacks.com
AbbVie Beats Estimates as Sales of Biggest Drug Humira Increase
(Bloomberg) -- AbbVie Inc., which is launching new drugs to try and diversify its sales away from its top-selling rheumatoid arthritis injection, said sales grew 6.7 percent in the fourth quarter.
AbbVie reports better-than-expected 4Q on Humira sales  CNBC
AbbVie profit, sales top estimates  MarketWatch
Chevron Profits Fall to Lowest Since 2009 as Oil Prices Collapse
(Bloomberg) -- Chevron Corp. said quarterly profit dropped to the lowest in half a decade as collapsing global crude markets spurred billions of dollars in oil-industry spending cuts.
Chevron quarterly profit drops 30 percent on cheap oil  Reuters
Chevron Results Top Expectations on Asset Sales, Refining Strength  Wall Street Journal
CompaniesMattel's Barbie sales slump 12 per cent
Worldwide sales of the iconic doll were down 12 per cent during the all-important holiday quarter, Mattel said on Friday. The struggling toy-maker, whose chief executive abruptly resigned this week amid slumping sales, revealed the scale of its woes on Friday ...
Weak Barbie sales cost Mattel over the holiday season  STLtoday.com
Mattel's Barbie sales down for a third consecutive year  Fortune