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*China manufacturing data shows contraction. NEW YORK, May 23- U.S. stock index futures fell on Thursday, putting the S&P 500 on track for its first daily back-to-back declines in a month, amid investor concerns the U.S. Federal Reserve may begin to taper its stimulus measures and over weak data in China.
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*China manufacturing data shows contraction. NEW YORK, May 23- U.S. stock index futures fell on Thursday, putting the S&P 500 on track for its first daily back-to-back declines in a month, amid investor concerns the U.S. Federal Reserve may begin to taper its stimulus measures and over weak data in China.
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PERTH, May 23- U.S. crude futures prices dropped to around $94 a barrel on Thursday after data showing U.S. gasoline supplies rose and on concerns that the U.S. July oil futures contract fell 26 cents to $94.02 a barrel by 0035 GMT. *Brent also dropped 26 cents to $102.34 a barrel.
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NEW YORK-- PetSmart Inc. said Wednesday that its net income grew 8 percent in the fiscal first quarter and raised its forecast for the year, sending the pet retailer's shares higher in aftermarket trading. PetSmart stock rose $1.94, or 2.8 percent, to $71 in aftermarket trading.
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SAN FRANCISCO, May 22- Hewlett-Packard Co raised its 2013 earnings outlook after beating low expectations, as CEO Meg Whitman's turnaround plan helped to shore up profits and offset shrinking personal computer sales with enterprise computing services.
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NEW YORK, May 22- Stocks, bonds and currencies took a wild ride on Wednesday, as remarks by Federal Reserve Chairman Ben Bernanke failed to provide the clear picture investors had hoped for of the likely continuation of the U.S. central bank's bond-buying program, with sentiment ultimately driven by expectations of tapering.
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NEW YORK, May 22- U.S. stocks fell on Wednesday with the S&P 500 posting its biggest decline in three weeks, after minutes from the latest U.S. The minutes followed comments from Chairman Ben Bernanke, who said the Fed could decide to scale back the pace of bond purchases at one of the "next few meetings" if the economic recovery looked set to maintain forward momentum.
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NEW YORK, May 22- U.S. stocks fell on Wednesday with a selloff accelerating in late afternoon trade, after minutes from the latest U.S. The minutes followed comments from Chairman Ben Bernanke who said the Fed could decide to scale back the pace of bond purchases at one of the "next few meetings" if the economic recovery looked set to maintain forward momentum.
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NEW YORK, May 22- U.S. Treasury yields on the benchmark 10- year note rose above the key two percent level on Wednesday, the highest level in two months, as Federal Reserve Chairman Ben Bernanke added to bond investor fears that the U.S. central bank might slow its bond purchases later this year if the economy improves further.
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NEW YORK-- A BMO Capital Markets analyst lowered his rating Dick's Sporting Goods Inc. Wednesday, citing the stock's high valuation. He kept his estimate for 2013 earnings per share at $2.84 but lowered his 2014 estimate by 5 cents to $3.30 per share. Shares of Dick's Sporting Goods Inc. slipped 82 cents, to $51.93 in afternoon trading.
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NEW YORK-- Shares of SolarWinds Inc. tumbled Wednesday after the information technology company announced an acquisition that could trim its profit this year. The move will add cloud-based offerings to SolarWinds' product lineup, but also significantly reduce its profits this year, BMO Capital Markets analyst Karl Keirstead said.
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NEW YORK, May 22- U.S. stocks fell in choppy trading Wednesday, with the Dow briefly falling more than 1 percent, following remarks by Federal Reserve Chairman Ben Bernanke which suggested the central bank was not ready to pull back on its economic stimulus efforts but may act if the economy continues to improve.
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NEW YORK, May 22- U.S. stocks fell in choppy trading Wednesday, giving up earlier gains following remarks by Federal Reserve Chairman Ben Bernanke which suggested the central bank was not ready to pull back on its economic stimulus efforts, but may act if the economy continues to improve..
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NEW YORK, May 22- Stocks, bonds and currencies took a wild ride on Wednesday after Federal Reserve Chairman Ben Bernanke said the U.S. central bank's massive bond-buying program would remain in place for now, even as the Fed considers cutting back stimulus in coming months.
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Cisco Systems Inc. fell. 7 percent to $23.85 with 22,100,800 shares traded. Clearwire Corp. fell. 7 percent to $3.38 with 38,395,800 shares traded. Facebook Inc. fell. 8 percent to $25.46 with 19,868,000 shares traded.
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NEW YORK-- Shares of Pioneer Natural Resources climbed to an all-time high Wednesday after announcing that its first horizontal Wolfcamp Shale well is putting up some healthy production numbers.
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NEW YORK-- A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:. Bank of America Corp. rose 1.4 percent to $13.63 with 88,111,200 shares traded. Barrick Gold Corp. rose 1.8 percent to $19.71 with 16,112,200 shares traded.
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NEW YORK-- Shares of Intuit advanced Wednesday after the maker of TurboTax tax-filing software reported higher net income for its third quarter, beating Wall Street expectations. For the quarter, earnings rose to $822 million, or $2.71 per share, from $734 million, or $2.42 per share, a year ago.
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*Fed buys up to $1.75 bln in long-dated Treasuries. NEW YORK, May 22- Treasury debt prices fell on Wednesday with benchmark yields briefly rising above 2 percent as Federal Reserve Chairman Ben Bernanke kept alive market worries that the U.S. central bank might slow its bond purchases later this year if the economy improves further.
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NEW YORK-- Shares of Dycom Industries Inc. rose to a 14- month high Wednesday after the telecommunications contractor posted better-than-expected results for its fiscal third-quarter and issued a strong guidance for the current period.