DEERFIELD, Ill.— Walgreen Co. on Tuesday reported a loss of $239 million in its fiscal fourth quarter. The average estimate of analysts surveyed by Zacks Investment Research was also for earnings of 74 cents per share. Walgreen shares have increased nearly 4 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed 7 percent.» Read More
NEW YORK, Sept 25- Long-dated U.S. The Commerce Department said durable goods orders, for items ranging from toasters to aircraft that are meant to last three years or more, dropped 18.2 percent in August, the largest decline since the series started in 1992..
NEW YORK, Sept 25- U.S. stocks were lower shortly after the open on Thursday, on the heels of the biggest gain for the S&P 500 in a month and following data on the labor market and durable goods.
NEW YORK— The U.S. stock market is opening slightly lower following its best day in a month. Apple fell 1 percent after the company pulled a software update for its iPhones late Wednesday after users complained that they weren't able to make calls. The Dow Jones industrial average fell 42 points, or 0.2 percent, to 17,171 as of 9:35 a.m. Eastern time Thursday.
NEW YORK, Sept 25- U.S. stocks were poised for a modestly lower open on Thursday after the S&P 500 notched its biggest gain in a month and following data on the labor market and durable goods.
NEW YORK— A stumble by Apple set off the worst rout in the stock market since July on Thursday. Apple dropped nearly 4 percent following its announcement late Wednesday that it had pulled a software update which prevented users from making phone calls.
NEW YORK— Shares of Citizens Financial Group rose on their first day of trading joining a broader rally in the markets. The bank, based in Providence, Rhode Island, is the U.S. banking unit of The Royal Bank of Scotland Group. The stock, listed on the New York Stock Exchange under the symbol "CFG," rose $1.58 to close at $23.08.
*Slide in German Ifo business morale points to weak 3rd quarter. NEW YORK, Sept 24- World stock indexes rose and the euro slumped below $1.28 on Wednesday after European Central Bank President Mario Draghi renewed a pledge to keep monetary policy loose for an extended period.
NEW YORK— Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:. GrafTech International Ltd., down $2.23 to $4.96. Green Dot Corp., up $4.59 to $23.41.
*U.S. sells $35 bln five-year notes to weak demand. NEW YORK, Sept 24- U.S. benchmark Treasuries yields were set to close higher for the first time in five sessions on Wednesday after weak demand at a five-year note auction underscored concern about Federal Reserve rate hikes and strong housing data undercut safe-haven bids.
Indexes added to gains and hit session highs after Chicago Federal Reserve Bank President Charles Evans said the central bank should be "exceptionally patient" in removing monetary policy accommodation at a Peterson Institute conference on labor market slack.
NEW YORK, Sept 24- World stock indexes rose and the euro fell on Wednesday after European Central Bank President Mario Draghi renewed a pledge to keep monetary policy loose for an extended period. Despite the weak European data, MSCI's global share index was up 0.3 percent, while European shares ended up 0.8 percent.
Apple Inc. fell. 9 percent to $101.75 with 55,994,400 shares traded. BlackBerry Ltd. fell. 5 percent to $10.51 with 27,867,500 shares traded. Cisco Systems Inc. rose 1.1 percent to $24.98 with 18,730,200 shares traded.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. Alpha Natural Resources Inc. fell 11.5 percent to $2.55 with 21,190,600 shares traded. Bank of America Corp. rose. 8 percent to $17.18 with 84,125,600 shares traded.
NEW YORK— Stocks are moving higher as the market shakes off three days of losses. Bed Bath& Beyond jumped 7 percent. The home goods retailer reported earnings and revenue for its latest quarter that were better than Wall Street analysts were expecting.
NEW YORK, Sept 24- World equity indexes edged higher while the euro fell on Wednesday after European Central Bank President Mario Draghi renewed a pledge to keep monetary policy loose for an extended period.
The company raised about $161.4 million after its offering was priced at $12 per share, the low end of its expected price range of $12- $14. Smart and Final, backed by private equity firm Ares Management LP, is selling all the 13.45 million shares in the offering. Ares Management bought Smart and Final from Apollo Global Management LLC in 2012 for $975 million.
NEW YORK, Sept 24- U.S. "We're still in limbo, in flux, with respect to monetary policy specifics," said Boris Rjavinski, an interest rate strategist at UBS in New York. He said comments this week from regional Fed presidents such as William Dudley and Narayana Kocherlakota raised more questions about the Fed's outlook.
Sept 24- Shares of Smart& Final Stores Inc rose about 11.6 percent in their debut, valuing the century-old food retailer at $951.44 million. Smart& Final raised about $161.4 million, after its offering was priced at $12 per share, the low-end of its expected price range of $12- $14.
NEW YORK— Stocks are opening higher as the market shakes off three days of losses. Investors were weighing stronger Chinese manufacturing data against Europe's economic malaise.
Once again, investors were willing to step in to buy any noticeable dip in the market, even as more bad news emerged about Europe's economy and worries over violence in Iraq and Syria continued. The biggest gainer in the S&P 500 was Bed Bath& Beyond, which rose $4.64, or 7.4 percent, to $67.33.