|7/24/2014 5:33:21 PM|| IMF sees 'substantial costs' of an Argentina default AFP|
|(MENAFN - AFP) The IMF's chief economist warned Thursday that a default by Argentina in its battle with holders of its defaulted debt may hurt its economy and the global financial system.
"If it ...|
|7/24/2014 5:33:20 PM|| US stocks little changed SP 500 inches to record AFP|
|(MENAFN - AFP) Wall Street stocks Thursday finished little changed with the S&P 500 inching to a new record following mixed US economic data and a flood of corporate earnings.
The Dow Jones ...|
|7/24/2014 5:33:19 PM|| Amazon loss widens despite climbing sales AFP|
|(MENAFN - AFP) Internet retail titan Amazon on Thursday reported a money-losing quarter despite impressive growth in sales.
The Seattle-based firm said that it had a net loss of $126 million in the ...|
|7/24/2014 5:33:18 PM|| US airlines flying high on better earnings AFP|
|(MENAFN - AFP) US airlines are flying high again, reporting surging profits and returning cash to shareholders as they reap the benefits of an industry-wide merger wave wrought by the financial ...|
|7/24/2014 5:33:17 PM|| Ryanair, Aegean state interest in buying Cyprus Airways AFP|
|(MENAFN - AFP) Ireland's Ryanair and Greece's Aegean Airlines are among more than 15 applicants who have made a non-binding expression of interest to buy loss-making Cypriot flag-carrier Cyprus ...|
|7/24/2014 3:34:15 PM|| Ousted Espirito Santo bank head arrested AFP|
|(MENAFN - AFP) Ricardo Salgado, recently forced to quit as head of stricken Portuguese bank Banco Espirito Santo, was arrested on Thursday in connection with money laundering, the chief prosecutor's ...|
|7/24/2014 3:34:14 PM|| Caterpillar earnings edge higher on construction gains AFP|
|(MENAFN - AFP) Industrial giant Caterpillar Thursday reported slightly higher quarterly profits as gains in its construction segment overcame continued declines in mining.
Caterpillar, which sells ...|
|7/24/2014 3:34:12 PM|| Recalls slam GM earnings, Europe drives Ford higher AFP|
|(MENAFN - AFP) General Motors is crying and Ford is laughing: The top US automakers posted wildly different earnings Thursday, the first hurt by recalls, the second lifted by new cash from ...|
|7/24/2014 3:34:10 PM|| Facebook stock hits all-time highs on strong earnings AFP|
|(MENAFN - AFP) Facebook stock jumped to record highs Thursday as strong earnings from the leading social network sparked fresh buying.
The shares were up 5.6 percent at $75.30 in late morning trade, ...|
|7/24/2014 3:34:08 PM|| Argentina rejects debt 'guarantee' for hedge funds AFP|
|(MENAFN - AFP) Argentina denied Thursday it was considering paying a "guarantee" to hedge funds demanding full payment on defaulted bonds as it held crunch talks to prevent a new default.
With less ...|