The latest news and events driving markets around the world, supplied by Marketwatch and Reuters.
Please remember that the ideas and conclusions in this section do not necessarily reflect the views of Fidelity’s portfolio managers or analysts. They are for general interest only and should not be taken as investment advice or as an invitation to purchase or sell any specific security.
Frederic Gagey stands to lose his job as boss of French carrier Air France in early November when its parent Air France-KLM unveils a new strategic plan to the board, daily La Tribune said on Friday.
By Carla Mozee and Victor Reklaitis, MarketWatch. IHG shares hurt as revenue growth slows. U.K. stocks closed slightly lower Friday, as British American Tobacco PLC dropped while Burberry Group PLC popped higher on separate merger prospects.
Euro trading around March lows. European stocks finished flat Friday, with some indexes easing from multimonth highs as investors waded through corporate reports while they considered European Central Bank President Mario Draghi's hint toward the possibility of more monetary stimulus. The Stoxx Europe 600 index finished unchanged at 344.29 after zigzagging between small gains and losses throughout the session.
Two of the largest oil-field services companies beat Wall Street profit targets this week, renewing expectations of higher third-quarter earnings for energy companies amid stabilizing oil-futures prices. Schlumberger Ltd. reported late Thursday higher third-quarter profit that beat targets and sales only slightly below estimates. Schlumberger's results came a day after rival Halliburton Co. also posted higher-than-expected profit.
Typhoon closes Hong Kong exchange; Japan market rattled by earthquake. A strong dollar sent Asian shares broadly lower on Friday, with the Nikkei reversing gains in the late session after an earthquake rocked Western Japan. The Nikkei Stock Average ended down 0.3%, erasing the 0.6% gains made earlier in the day, though the extent of damage caused by the magnitude 6.6 earthquake wasn't immediately clear.
The objective of this page is to present users with objective news, information, data and guidance on personal finance topics drawn from a diverse collection of sources including affiliated and non-affiliated financial services publications. Content is not intended to provide tax, legal, insurance or investment advice and should not be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security or investment by any Fidelity entity or any third-party.