The market has nearly tripled in a little over five years. With each record, the temptation grows to take your winnings and flee.» Read More
NEW YORK, Aug 29- U.S. stocks edged higher in a quiet session on Friday as the latest in a string of positive data pushed investors to extend a rally that had been briefly threatened by overseas concerns, although gains were capped ahead of an extended holiday weekend.
NEW YORK— Shares of United Therapeutics jumped Friday after the company said a court ruled in its favor in a patent dispute over its blood pressure drug Remodulin. United Therapeutics said a judge for the U.S. District Court for the District of New Jersey ruled that drugmaker Sandoz can't market a generic version of Remodulin until October 2017.
Apple Inc. rose. 2 percent to $102.50 with 40,277,500 shares traded. Cisco Systems Inc. rose. 6 percent to $24.99 with 16,881,100 shares traded. Digital Ally Inc. rose 19.0 percent to $18.66 with 15,385,600 shares traded.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. Bank of America Corp. rose. 5 percent to $16.09 with 48,105,900 shares traded. Ford Motor Co. fell. 1 percent to $17.41 with 15,003,600 shares traded.
*Wall Street mixed, even after mostly strong economic reports. NEW YORK, Aug 29- Global equity markets wavered and German bond yields edged up from record lows on Friday after euro zone inflation was seen as still not dire enough to drive the European Central Bank to ease monetary policy next week, as many investors have anticipated.
Italy's Fiat and Chrysler are merging to form Fiat Chrysler Automobiles. The combined company would move its tax headquarters to London and list its shares on the New York Stock Exchange. Fiat SpA will announce the final tally by Sept. 4.
NEW YORK, Aug 29- U.S. stocks were slightly lower on Friday, with investors finding few reasons to extend a long-running rally, even as the latest economic data joined the trend of better-than-expected reports on the economy.
For most of August, stocks have managed to shake off geopolitical conflicts from Ukraine to Gaza and Iraq. "The market has a good underlying tone," said Mike Levine, portfolio manager of Oppenheimer Equity Income Fund. Even in a quiet day of trading ahead of the Labor Day holiday, stocks eked out a gain.
NEW YORK— Is it time to cash out of stocks? The market has nearly tripled in a little over five years, and with each record close, the temptation grows to take your winnings and flee. If only you had done that in the crashes that began in 2000 and 2008, you might be a lot richer.
*Russian troops in Ukraine spur concern. NEW YORK, Aug 28- U.S. stocks edged lower on Thursday after the latest tension between Ukraine and Russia snapped the focus of investors back to the volatile region, but U.S. economic data helped curb losses.
NEW YORK— Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:. Abercrombie& Fitch Co., down $2.13 to $41.87. Guess Inc., down $2.26 to $23.38.
*Russian troop movements in Ukraine spurs concern. NEW YORK, Aug 28- U.S. stocks fell moderately on Thursday after the latest flare of tensions between Ukraine and Russian forces, snapping investors' focus back on the volatile region, though losses were tempered by the latest batch of U.S. economic data.
Chief Executive Rick Dreiling said Dollar General would not relinquish its pursuit of Family Dollar Stores Inc, even though the No. 1 U.S. deep-discount retailer's bid was rejected in favor of a smaller offer from Dollar Tree Inc.. Dollar General's shares rose 1.8 percent, Family Dollar's were marginally higher and Dollar Tree's were up 1 percent.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. Bank of America Corp. fell 1.2 percent to $16.01 with 60,296,800 shares traded. Cliffs Natural Resources Inc. fell 6.1 percent to $15.06 with 12,461,500 shares traded.
American Realty Capital Properties Inc. fell. 2 percent to $13.13 with 12,325,600 shares traded. Apple Inc. rose. 1 percent to $102.25 with 65,878,700 shares traded. Cisco Systems Inc. rose. 2 percent to $24.85 with 15,423,100 shares traded.
NEW YORK, Aug 28- Stock markets around the world fell on Thursday after Ukraine said Russia moved more troops into the country, escalating the risk of the region's crisis spreading, as nervous investors shifted money into gold and U.S. and German government bonds.
NEW YORK, Aug 28- U.S. stocks fell on Thursday after Ukraine's president said Russian forces had been brought into his country, bringing concerns over the volatile region back into focus and overshadowing some positive economic data.
NEW YORK, Aug 28- U.S. stock index futures pointed to a lower open on Thursday after Ukraine's president said Russian forces had been brought into his country, bringing concerns over the volatile region back into focus and overshadowing some positive economic data.
Achillion Pharmaceuticals Inc. fell 2.6 percent to $11.45 with 13,290,700 shares traded. Apple Inc. rose 1.2 percent to $102.13 with 46,357,900 shares traded. Cisco Systems Inc. was unchanged at $24.80 with 15,324,700 shares traded.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. Bank of America Corp. fell. 8 percent to $16.20 with 57,378,500 shares traded. Ford Motor Co. rose 1.0 percent to $17.36 with 17,803,800 shares traded.