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U.S. Consumer Sentiment Unexpectedly Improves In August

Reflecting an upward revision from a preliminary reading, Thomson Reuters and the University of Michigan released a report on Friday showing that consumer sentiment unexpectedly improved in the month of August.
The final August reading on the consumer…

GDP Growth Improves More Than Expected

India’s economy grew faster-than-expected in the three months to June and at the strongest pace in two years, preliminary figures from the Central Statistics Office revealed Friday.
Gross domestic product grew 5.7 percent in the April to June quarter,…

Tesco Gives Profit Warning; Cuts Interim Dividend; Stock Down

Shares of Tesco Plc. (TSCO.L,TSCDY.PK) declined around 9 percent in early morning trading on the London stock exchange after the British supermarket chain warned Friday of lower trading profit for its first half and full-year 2015, citing ongoing chal…

Asian Markets Trade Lower On Ukraine Tensions

Asian stock markets are mostly trading lower on Friday, tracking the negative lead overnight from Wall Street and on worries about the escalating tensions between Ukraine and Russia.
Ukraine President Petro Poroshenko has accused Russia of sending its…

Veeva Systems Profit Rises, Outlook Strong; Shares Surge 15%

Veeva Systems Inc (VEEV: Quote) Thursday reported an increase in profit for the second quarter, reflecting higher subscription revenues, with both earnings and revenue beating Wall Street analysts estimates. Shares of the company jumped 15 percent in …