NEW YORK— U.S. stocks are opening higher, pushing the Standard& Poor's 500 index closer toward another record high. Hormel Foods rose 4 percent. The maker of Spam, Dinty Moore stew and other products reported higher profits in its latest quarter.» Read More
NEW YORK— Achillion Pharmaceuticals climbed in premarket trading Friday after the company reported promising results from a small clinical trial of an experimental hepatitis C drug. Shares of Achillion Pharmaceuticals Inc. jumped $1.55, or 18.4 percent, to $9.99 in premarket trading about 30 minutes before the market opening.
LONDON, Aug 15- European stocks rose on Friday, on track for the year's biggest weekly gains, while German Bund yields held near record lows as recent weak data increased expectations of further central bank action to revive the economy.
*Europe stocks set for biggest weekly gain since Feb. The euro, which took a hit on Thursday after data showed Europe's powerhouse economy Germany unexpectedly contracted in the second quarter, edged up against the dollar on Friday but remained near nine-month lows.
NEW YORK— Renewed fighting in Ukraine rattled markets on Friday. John Canally, the chief economic strategist at LPL Financial, said it's understandable that traders dropped stocks in response to the flare-up. Canally suspects the dispute between Russia and Ukraine will likely follow the pattern of recent months.
*Putin strikes conciliatory tone on Ukraine. NEW YORK, Aug 14- U.S. stocks advanced on Thursday after conciliatory comments from Russia helped ease concerns about escalation of the conflict in Ukraine and offset some uninspiring earnings.
NEW YORK— Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:. Kohl's Corp., up $1.80 to $56.91. Keurig Green Mountain Inc., up 25 cents to $114.30.
NEW YORK, Aug 14- U.S. stocks rose modestly on Thursday after conciliatory comments from Russian President Vladimir Putin helped ease concerns about escalation in Ukraine and offset some uninspiring earnings reports.
NEW YORK, Aug 14- U.S. crude prices fell more than $1 a barrel on Thursday and retreated more than 50 cents in a minute as shares of the exchange-traded U.S. Oil Fund saw high-volume trading. U.S. crude fell about 60 cents to a then session low of $96.03 between 10:50 and 10:51 a.m. EDT. By 1:09 p.m. EDT, it was down $1.54 at $96.05 a barrel, having fallen to $95.89 earlier.
SANTA CLARA, Calif.— Shares of OmniVision Technologies Inc. jumped Thursday after the company said it received a $1.64 billion takeover offer from a Chinese investment firm. Hua Capital Management Ltd.' s offer, for $29 per share, is non-binding. It works out to $1.64 billion based on OmiVision's 56.5 million shares outstanding as of June 23.
NEW YORK, Aug 14- U.S. crude prices fell more than $1 a barrel on Thursday and retreated more than 50 cents in a minute as shares of the exchange-traded fund U.S. Oil Fund fell sharply. U.S. crude fell fell about 60 cents to its session low of $96.03 between 10:50 and 10:51 a.m. EDT.
NEW YORK, Aug 14- Global equity markets edged higher on Thursday after President Vladimir Putin of Russian sounded a conciliatory note over the crisis in Ukraine, while bond yields in Europe fell to record lows as the euro zone's recovery stalled in the second quarter.
NEW YORK— St. Joe Co. said Thursday that CEO Park Brady is retiring after three years with the company. Jeffrey Keil will be president and interim CEO of the Watersound, Florida, company. Shares of St. Joe Co. rose 27 cents to $22.40 in morning trading.
NEW YORK, Aug 14- U.S. stocks edged higher on Thursday after conciliatory comments by Russian President Vladimir Putin eased concerns about the country's tense situation with Ukraine and overshadowed signs of weakness in the European economy.
Keurig Green Mountain perked up 1.6 percent after the coffee company said it was raising prices by up to 9 percent in early November due to higher costs. Cisco slipped 2 percent after it said late Wednesday that it will lay off up to 8 percent of its workforce, as part of a restructuring.
*Cisco down in premarket after results, outlook. NEW YORK, Aug 14- U.S. stock index futures pointed to a flat open on Thursday as investors found few reasons to buy following a sharp rally in the previous session and amid signs of weakness in Europe and ongoing uncertainty over Ukraine.
Berkshire Hathaway crossed another milestone, trading above $200,000 a share for the first time. GOING UP: A jump in profits for Perrigo, a drugmaker, drove its stock up 6 percent, the biggest gain in the S&P 500. Perrigo's earnings and sales came in ahead of analysts' estimates.
NEW YORK, Aug 13- U.S. stocks ended higher on Wednesday, with the Dow Jones industrial average returning to positive territory for the year, as surging biotech shares helped investors shrug off disappointing retail sales data.
NEW YORK, Aug 13- A global stock gauge rose on Wednesday, boosted by a technology-led rebound on Wall Street, while Brazilian markets were shaken by the death of presidential candidate Eduardo Campos in a plane crash.
Macy's Inc quarterly earnings missed analysts' estimates and the department store operator slashed its full-year same-store sales forecast, driving the stock down 5.5 percent to $56.47. Other major retailers, including Wal-Mart Stores Inc, are expected to report results on Thursday. Wal-Mart shares slipped 0.3 percent to $74.03.
NEW YORK— Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:. SeaWorld Entertainment Inc., down $9.25 to $18.90. Macy's Inc., down $3.29 to $56.47.