TNT Express NV reported a quarterly loss as restructuring measures and a provision to cover potential costs from an investigation into alleged anti-competitive behavior in France bit into the Dutch logistics company’s earnings.
October 27, 2014Latest News Updates From Bloomberg News
Pending °®¶¹´«Ã½ Sales Rise in September
Contracts to purchase previously owned homes rose less than forecast in September, showing housing will take time to gain momentum.
October 27, 2014Gasoline Falls to Lowest Since 2010, Lundberg Says
The average price of regular gasoline at U.S. pumps slid to the lowest level in almost four years, dropping 18.18 cents in the two weeks ended Oct. 24 to $3.076 a gallon, according to Lundberg Survey Inc.
October 27, 2014New °®¶¹´«Ã½ Sales Were Little Changed in September
Purchases of new houses in the U.S. rose in September, and revisions showed the magnitude of the unfolding recovery was more modest.
October 24, 2014L.A. Port Chief Predicts Movement in Contract Talks
Contract negotiations between West Coast port operators and dockworkers are progressing toward a tentative agreement in November, the head of the Port of Los Angeles said.
October 24, 2014Caterpillar Raises Forecast, Sees 2015 Growth Prospects
Caterpillar Inc., the largest construction equipment maker, raised its full-year earnings forecast and said sales may gain in 2015 on an improvement in global economic growth.
October 23, 2014Leading Indicators Index Shows Economy to Keep Growing
The index of U.S. leading indicators accelerated in September, signaling the world’s largest economy will keep expanding into 2015.
October 23, 2014Jobless Claims at 14-Year Low Over Past Month
Fewer Americans filed applications for unemployment benefits over the past month than at any time in 14 years as an improving economy prompted employers to hold on to staff.
October 23, 2014Consumer Prices Rise 0.1% as Inflation Remains Muted
The consumer-price index climbed 0.1% after decreasing 0.2% in August, a Labor Department report showed in Washington.
October 22, 2014Canadian Pacific Rail Misses Profit Estimates as Stock-Based Pay Rises
Canadian Pacific Railway Ltd., foiled in a bid to merge with CSX Corp., reported third-quarter profit that missed analysts’ estimates as the carrier spent more on stock-based compensation.
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