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  • Transocean and Allegheny Technologies each fell 4 percent. Oil fell $1.69, or 2.8 percent, to $58.03 a barrel in New York. Time Warner Cable rose 7 percent after agreeing to be acquired by Charter Communications.

  • US STOCKS-Wall St drops as rate concerns rise Tuesday, 26 May 2015 | 3:30 PM ET

    May 26- The S&P 500 was on track for its biggest percentage drop since March on Tuesday as some upbeat economic data fueled expectations that a Federal Reserve rate hike could come sooner rather than later. Transportation stocks also dropped, with the Dow Jones transportation average falling 1.6 percent to 8346.82 and hitting its lowest level since Oct. 23.

  • SFX CEO Sillerman taking dance music promoter private Tuesday, 26 May 2015 | 12:21 PM ET

    NEW YORK— Electronic dance music promoter SFX Entertainment said Tuesday that it plans to go private, as Chairman and CEO Robert Sillerman will buy the company in a deal valuing SFX at around $490 million. Sillerman offered to buy the New York company for $4.75 per share, valuing SFX at about $390 million, in February. Shares of SFX Entertainment Inc. rose 88 cents,...

  • NEW YORK, May 26- The U.S. dollar rallied on Tuesday after a string of healthy economic data boosted near-term rate hike prospects, while Greece's financial crisis and signs of growing opposition to austerity in Spain weighed further on the euro. Markets in the United States as well as London and Frankfurt returned to action after a long holiday weekend, with the...

  • Transocean, Valero Energy and Allegheny Technologies each fell 3 percent. Benchmark U.S. crude slumped $1.63, or 2.7 percent, to $58.09 a barrel in New York. Time Warner Cable rose 4 percent after the company agreed to be acquired by Charter Communications for $55 billion.

  • *Time Warner Cable up on Charter deal. "A strong dollar is going to hurt exports and the revenue line of companies, which wasn't strong to begin with," said Rick Fier, director of trading at Conifer Securities in New York. The buoyant data comes after Federal Reserve Chair Janet Yellen said on Friday that the central bank could raise interest rates this year if the...

  • Grain mixed, livestock mixed Tuesday, 26 May 2015 | 10:56 AM ET

    CHICAGO— Grain futures were mixed Tuesday in early trading on the Chicago Board of Trade. Wheat for July delivery was down 8.5 cents to $5.0675 a bushel; July corn was 2.5 cents lower at $3.5750 a bushel; July oats were unchanged at $2.4250 a bushel; while July soybeans gained 4.75 cents to 9.29 a bushel. August live cattle was. 53 cent higher at $1.5265 a pound; August...

  • *Time Warner Cable up on Charter deal. May 26- Wall Street opened lower on Tuesday after the dollar jumped to a one-month high on data showing that U.S. business investment spending plans increased solidly for a second straight month in April. "It isn't normal to see such large moves in currencies," said Adam Sarhan, chief executive of Sarhan Capital in New York.

  • NEW YORK— Stocks are opening slightly lower on Wall Street as traders return from the Memorial Day holiday in the U.S. Time Warner Cable rose 5 percent early Tuesday, the most in the Standard& Poor's 500 index, after the company agreed to be acquired by Charter Communications for $55 billion. Benchmark U.S. crude was down $1.33 to $58.40 a barrel in New York.

  • US STOCKS-Wall St set to open lower as dollar rises Tuesday, 26 May 2015 | 9:16 AM ET

    Time Warner Cable up on Charter deal. May 26- Wall Street was set to open lower on Tuesday after the dollar jumped to a one-month high on data showing that U.S. business investment spending plans increased solidly for a second straight month in April. "It isn't normal to see such large moves in currencies," said Adam Sarhan, chief executive of Sarhan Capital in New York.

  • McDermott International shares rise on rig contract Tuesday, 26 May 2015 | 8:19 AM ET

    NEW YORK— Shares of McDermott International Inc. jumped in premarket trading Tuesday after the company said it was awarded a large offshore construction contract by oil and gas giant Saudi Aramco. The stock rose 39 cents, or 8.4 percent, to $5.06 before the opening of regular trading. The Houston- based engineering and construction company will work on twelve...

  • AutoZone beats 3Q profit forecasts Tuesday, 26 May 2015 | 7:10 AM ET

    MEMPHIS, Tenn. _ AutoZone Inc. on Tuesday reported fiscal third-quarter net income of $309.1 million. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of $9.50 per share. AutoZone shares have risen 11 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed slightly more than 3 percent.

  • NEW YORK— The stock market endured its worst day in three weeks on Tuesday as investors fretted over Greece's debt crisis and a surge in the U.S. dollar. Time Warner Cable rose after agreeing to be acquired by Charter Communications for $55 billion. Time Warner closed up $12.42, or 7 percent, to $183.60.

  • *Volumes thin with London, Frankfurt and New York closed. LONDON, May 25- European equities fell on Monday, with the Spanish and Greek stock markets hit by investors' concerns over Greece's debt problems and a poor local election result for the Madrid government. Athens' main index equity index fell 1.2 percent after Greece's interior minister said on Sunday the...

  • TOKYO, May 25- Asian shares got off to a slow start on Monday after U.S. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.1 percent in early trade, with weakness in Southeast Asia offset by rises in China, Australia and South Korea. "For the first time in nearly two months, investors began rewarding the dollar for good economic data rather than...

  • TOKYO, May 25- Asian shares got off to a lackluster start on Monday, after rising inflation and a hawkish tone from the U.S. Activity was likely to be thin this session, as UK and U.S. markets are shut on Monday for the Spring Bank Holiday and Memorial Day respectively. MSCI's broadest index of Asia-Pacific shares outside Japan was down about 0.1 percent in early trade.

  • Deere, Expedia are big market movers Friday, 22 May 2015 | 4:58 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:. Deere& Co., up $3.89 to $93.35. Campbell Soup Co., up 98 cents to $47.91.

  • NEW YORK— Stocks are closing moderately lower in a relatively quiet day ahead of a holiday weekend. The price of oil fell $1 to close at $59.72 a barrel in New York. Campbell Soup rose 2 percent after its earnings came in ahead of what analysts were looking for.

  • NEW YORK, May 22- U.S. If it continues, they will be ready to move later on this year, "said Todd Hedtke, vice president of investment management with Allianz Investment Management in Minneapolis. Fed Chair Janet Yellen, in a speech to a business group in Providence, Rhode Island, said a rate increase would be appropriate this year if the economy shows further...

  • *Yellen comments leave rate expectations unchanged on Wall Street. *Microsoft down after report of Salesforce deal talk. May 22- U.S. stocks were flat on Friday after Federal Reserve Chair Janet Yellen said it would be appropriate to raise interest rates this year if the economy continues on its current path, in line with broad expectations on Wall Street.