Visa falls after cut to sales guidance

Company points to Russia effect on cross-border transactions

Citi pays $5m to settle SEC data charges

Bank fine relates to failure to safeguard order information

Bubbles are forming in the credit market

Auto loans heat up, with emerging market corporate debt also expanding fast

The fallacy of the Fed model

The claim that equities can be valued by comparing earnings yields to bond yields falls down

Elliott to push for Interpublic sale

Activist hedge fund takes 6.7% stake in advertising group

US builders slide as home sales dip

Facebook climbs after forecast-beating results

UBS issues market squall warning

Prepare for a storm when insurance is cheap, Swiss bank says

Facebook rides boom in mobile ads

Net income surges past expectations to $1.4bn

Delta gains on domestic demand underpin

Airline reported 16 per cent surge in US passenger revenues

Long-term returns boosted by illiquidity

The less liquid a stock, the better it will perform over time

Chipotle outpaces rivals on strong sales

Results contrast with those from McDonald’s

Netflix passes 50m subscriber barrier

Streaming service buoyed by strong international growth

Regional banks slip after BB&T setback

US stocks lower as geopolitical tensions continue to linger

Rate increases will test the market mood

Once the Fed raises rates in earnest it could be painful

US airlines recover after Ukraine crash

UnitedHealth climbs on surging sales

Shares reach record high on healthcare reform effect

HCA Holdings buoyed by strong results

Healthcare reform helps revenue as more use Medicaid or insurance

Chase sales and margin growth in Big Tech

Not all growth is equal and some tech stocks may be ‘growth traps’

Michael Kors sinks on wave of target cuts

Miners hit by precious metals pullback

Gold fell 2.5 per cent and silver slid by 3 per cent