Shares of Laboratory Corp. of America Holdings fell in after-hours trading Tuesday after its profit guidance for next year fell short of Wall Street expectations. Labcorp, which is based in Burlington, N.C., expects revenue to rise 2 percent _ about $5.96 billion based on its guidance for growth in 2013. Wall Street had forecast $5.95 billion.» Read More
*J.C. Penney rises; William Ackman resigns from board. *Digital Generation soars, to sell television business. "The data supports the idea that the economy is improving, though growth is still less than we'd like to see," said James Dunigan, chief investment officer at PNC Wealth Management in Philadelphia.
NEW YORK, Aug 13- U.S. stocks edged higher after the open on Tuesday following the fifth decline in six days by the S&P 500 indexes as investors seek catalysts to give the market direction.
NEW YORK, Aug 13- U.S. Treasuries extended price losses and yields hit session highs on Tuesday after data showed that U.S. retail sales rose in July. Benchmark 10- year notes were last down 18/ 32 in price to yield 2.69 percent, up from 2.67 percent before the data.
*J.C. Penney up in premarket, Ackman resigns from board. *Yum Brands lower as sales in China fall steeply. NEW YORK, Aug 13- U.S. stock index futures rose on Tuesday, indicating a rebound as investors looked ahead to the latest economic data and sought bargains following an extended period of weakness.
*J.C. Penney up in premarket, Ackman resigns from board. *Yum Brands lower as sales in China fall steeply. NEW YORK, Aug 13- U.S. stock index futures rose on Tuesday, tracking overseas markets higher as investors sought bargains following an extended period of weakness.
TOKYO, Aug 13- U.S. crude futures held steady in early Asian trade on Tuesday after gaining overnight on supply concerns in OPEC nation Libya, with investors looking to U.S. economic data due later this week for direction. *NYMEX crude for September delivery was down 1 cent at $106.10 a barrel by 0040 GMT, after finishing 13 cents higher on Monday.
TORONTO, Aug 12- Struggling smartphone maker BlackBerry Ltd is weighing options that could include an outright sale, it said on Monday, and its largest shareholder is stepping down from its board to avoid any possible conflict of interest. BlackBerry shares rose more than 10 percent to $10.78 in New York and C $11.13 in Toronto in afternoon trading.
*Options activity shows near-term hedging increasing: Credit Suisse. NEW YORK, Aug 12- The Dow and the S&P 500 indexes dipped on Monday, extending losses from Wall Street's worst week since June last week, but Apple and BlackBerry kept the Nasdaq index afloat.
NEW YORK, Aug 12- Gold prices hit three-week highs on Monday after the largest exchange traded gold fund showed the first net inflow since June, while surging silver and raw sugar also contributed to broad gains in commodities.
NEW YORK, Aug 12- The Dow and the S&P 500 indexes fell on Monday, extending losses from Wall Street's worst week since June last week, but Apple and BlackBerry kept the Nasdaq index afloat. Based on the latest available data, the Dow Jones industrial average was down 4.83 points, or 0.03 percent, at 15,420.68.
*Soybeans rally as USDA cuts crop, stocks outlooks. *Corn rises as USDA trims crop forecast. Gains were tempered as USDA was still forecasting a record-large crop and a near-tripling of stocks by the end of next season. "
*Options activity shows near-term hedging increasing: Credit Suisse. NEW YORK, Aug 12- The Dow and the S&P 500 indexes fell on Monday, extending losses from Wall Street's worst week since June last week, but Apple and BlackBerry kept the Nasdaq index afloat.
*Nasdaq positive on gains in Apple, BlackBerry. *Gold rises more than 2 percent; gold ETF draws inflows. In London an index of heavyweight basic resources stocks advanced 1.2 percent, while the Hang Seng Index closed 2.1 percent higher and the CSI300 index of leading Shanghai and Shenzhen shares rose 2.9 percent.
*Nasdaq helped by gains in Apple. NEW YORK, Aug 12- Technology stocks Apple and BlackBerry kept the Nasdaq above break-even on Monday, but other major stock indexes were lower in a session marked by light trading.
*Nasdaq index also helped by report on redesigned Apple iPhone. NEW YORK, Aug 12- U.S. stock were little changed on Monday after trimming losses, although the Nasdaq composite index rose slightly on gains by Apple and BlackBerry.
NEW YORK, Aug 12- U.S. stocks opened lower on Monday, extending last week's decline as investors found few reasons to buy. The Dow Jones industrial average was down 60.28 points, or 0.39 percent, at 15,365.23. The Nasdaq Composite Index was down 14.65 points, or 0.40 percent, at 3,645.46.
*S&P 500 down for four of the past five sessions. *Tesla Motors falls before the open after downgrade. NEW YORK, Aug 12- U.S. stock index futures pointed to a lower open on Monday after shares recorded the biggest weekly decline since mid-June last week and investors found few reasons to buy.
*Apple seen unveiling new iPhone next month. *Tesla Motors falls in premarket after downgrade. *Chinese shares rose to a two-month high as the South China Morning Post reported that authorities in Beijing were offering stimulus to key cities and provinces to bolster a slowing economy.
TOKYO, Aug 12- The Nikkei average may open lower on Monday after Wall Street eased on worries about the tapering of U.S. economic stimulus, but investors remain cautious ahead of Japan's gross domestic product data due just before the start of trade.
The financial sector stands within a whisker of recapturing the mantle as the $17 trillion U.S. stock market's heaviest hitter.