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U.S. markets news

Amazon's trademark smile becoming a grimace
Amazon, the world's largest online retailer, has reported a wider third-quarter loss than analysts expected and gave a disappointing holiday forecast.
Investors flee Amazon as losses mount  Los Angeles Times
Out-of-patience investors sell off Amazon  Quad-Cities Online
Business Insider   Related articles »  
Market Has the Best Week in Two Years
The stock market closed out its best week in nearly two years on a positive note Friday, helped by strong quarterly earnings from Microsoft and other big companies.
Wall St boosted by earnings; S&P at 2-yr weekly high  Economic Times
Global shares post best week since mid-2013 after earnings boost  Reuters
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Combating a Flood of Early 401(k) Withdrawals
This week, the Internal Revenue Service announced that people under age 50 in 401(k) and similar workplace retirement plans will be able to deposit up to $18,000 in 2015, an increase of $500 from this year.
Saving for retirement just got easier  CNBC
Workers can save more in 401(k) plans next year  SFGate
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Deutsche Bank passes ECB stress test
FRANKFURT: Deutsche Bank passed the stress test led by the European Central Bank (ECB) by a wide margin, showing balance sheet strength well above the minimum requirements set by Europe's new banking regulator.
ECB stress test likely to snare 25 lenders  Financial Times
25 European banks set to fail health checks - sources  Reuters India
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KBC throws gauntlet to rivals by cutting interest rates on personal loans for some
Charlie Weston Twitter · Email. Published 25/10/2014 | 02:30. 0 Comments; Share. Facebook · Twitter · Google · Email.
Is refinancing your mortgage worth it?  Madison.com
Capital One Mortgage Interest Rates for Friday, Oct 24  Morning Ledger
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Chiquita Will Not Buy Fyffes, Clearing the Way For Its Own Takeover
Photo. Bananas being picked in Mexico for clients including Chiquita. Chiquita's shareholders on Friday rejected buying Fyffes, the Irish produce distributor, tacitly endorsing a deal with a Brazilian group.
Fyffes deal hits the skids as Chiquita pulls merger  Irish Independent
Banana split as Fyffes merger fails  Herald Scotland
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Roundup: PUC schedules hearings for FirstEnergy rate increase; New-home ...
From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.
Procter & Gamble taking out its batteries  Houston Chronicle
Business Day|Cleaning House, P.&G. Plans Duracell Spinoff  New York Times
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Manufacturer halts sales of highway guardrails
A guardrail made by Trinity Industries will no longer be sold, pending safety tests. The firm must pay at least $175 million for misleading regulators.
Maker of US highway guardrails stops shipments over safety concerns  Reuters
Producer of Highway Guardrails to Halt Sales  New York Times
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CompaniesOcwen apologises for loan modification letters
Ocwen, the mortgage-servicing giant accused this week of backdating "potentially hundreds of thousands" of letters to home owners seeking modifications, apologised and said it was investigating what went wrong.
Ocwen Writes Open Letter to Homeowners Concerning Letter Dating Issues  MarketWatch
Ocwen to hire independent firm to probe backdated foreclosure letters  Daily Mail
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UPDATE 2-Fannie Mae settles shareholder lawsuit for $170 million
(Adds Fannie Mae statement, market value loss). By Jonathan Stempel. NEW YORK Oct 24 (Reuters) - Fannie Mae has reached a $170 million settlement of a lawsuit accusing it of misleading shareholders about its finances, risk management and mortgage ...
A step backward for the housing industry  Washington Post
Lenders Facing Soaring Costs Shutting Out U.S. Homebuyers  Bloomberg
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