Archive for September, 2014

TSX records biggest monthly drop since May 2012

September 30th, 2014

TSX records biggest monthly drop since May 2012

Toronto Stock Exchange logo is seen in TorontoBy John Tilak TORONTO (Reuters) – Canada's main stock index posted its biggest monthly decline since May 2012 in September, losing about 4.3 percent, as a stronger U.S. dollar weighed on commodity prices and shares of natural resource companies. The market was little changed on Tuesday as softness in the energy and materials sectors was offset by a gain in the financial sector. Investors processed government data showing the Canadian economy did not expand in July, breaking a six-month streak of consecutive gains. Further, geopolitical tensions in Hong Kong and the prospect of the U.S. …

Source
Economy News Headlines – Yahoo! News

Microsoft names next operating system 'Windows 10'

September 30th, 2014

Microsoft names next operating system 'Windows 10'
SAN FRANCISCO (Reuters) – Microsoft Corp announced its ‘Windows 10’ operating system on Tuesday to replace the largely unpopular Windows 8, skipping a number to mark a leap toward unifying the way people work on tablets, phones and traditional computers.
Source
Reuters: Media

UPDATE 3-Microsoft names next operating system 'Windows 10'

September 30th, 2014

UPDATE 3-Microsoft names next operating system 'Windows 10'
SAN FRANCISCO, Sept 30 (Reuters) – Microsoft Corp
announced its ‘Windows 10’ operating system on Tuesday to
replace the largely unpopular Windows 8, skipping a number to
mark a leap toward unifying the way people work on tablets,
phones and traditional computers.
Source
Reuters: Media

U.S. charges four with stealing $100 million in software, data

September 30th, 2014

U.S. charges four with stealing $100 million in software, data
WASHINGTON (Reuters) – Four members of an alleged international computer hacking ring were charged with stealing more than $100 million worth of software and data – some of it used to train military pilots and some related to Microsoft Corp’s Xbox gaming console – the U.S. Justice Department said Tuesday.
Source
Reuters: Media

UPDATE 2-U.S. charges four with stealing $100 mln in software, data

September 30th, 2014

UPDATE 2-U.S. charges four with stealing $100 mln in software, data
(Adds details of indictment, related case in Australia,
background)
Source
Reuters: Media

Wall St. ends down for day, month; indexes gain in quarter

September 30th, 2014

Wall St. ends down for day, month; indexes gain in quarter

Traders work on the floor of the New York Stock ExchangeBy Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks slipped on Tuesday, dragged down by energy and materials shares as economic data disappointed. Major indexes also posted losses for the month, but ended the quarter with gains. The S&P energy index was down 1.2 percent on Tuesday following a more than 3 percent drop in U.S. oil prices. The S&P materials index also fell 1.2 percent. Shares of Chevron , down 1 percent at $119.32, were the biggest drag on the S&P 500. The Thomson Reuters Jefferies CRB commodity index ended down 1.6 percent, its largest daily decline since June 2013. …

Source
Economy News Headlines – Yahoo! News

CANADA FX DEBT-C$ hits C$1.12 on disappointing economic data

September 30th, 2014

CANADA FX DEBT-C$ hits C$1.12 on disappointing economic data
* Canadian dollar at C$1.12 or 89.29 U.S. cents * Bond prices mostly lower across the maturity curve (Adds details, quotes, updates prices) By Leah Schnurr TORONTO, Sept 30 (Reuters) – The Canadian…


Source
Reuters: US Dollar Report

Ford and eBay are big market movers

September 30th, 2014

Ford and eBay are big market movers
Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Ford Motor Co., down 32 cents to $14.79 The automaker said it will fall short …
Source
Stock Markets News Headlines – Yahoo! News

Stocks slip, leaving S&P 500 down for September

September 30th, 2014

Stocks slip, leaving S&P 500 down for September

FILE - This July 15, 2013 file photo shows the New York Stock Exchange in New York. U.S. stocks are opening slightly higher Tuesday, Sept. 30, 2014, as investors set aside worries about the protests in Hong Kong. (AP Photo/Mark Lennihan, File)NEW YORK (AP) — U.S. stocks are ending slightly lower, leaving the Standard & Poor's 500 index in the red for September.

Source
Stock Markets News Headlines – Yahoo! News

German privacy watchdog tells Google to restrict use of data

September 30th, 2014

German privacy watchdog tells Google to restrict use of data
FRANKFURT (Reuters) – A German data protection watchdog told Google Inc on Tuesday to seek users’ permission for creating data profiles from its various services, adding to pressure on the U.S. technology giant in Europe over its privacy policy.
Source
Reuters: Media