Institutional Shareholder Services will pay $300,000 to settle civil charges that one of its employees shared sensitive nonpublic information about clients, the SEC says.» Read More
Titan Machinery Inc. shares fell Friday after the agricultural and construction equipment seller said that it expects to post disappointing first-quarter results and lowered its full-year earnings forecast. Titan now expects to post a loss of 1 to 3 cents per share for the quarter on revenue of $440 million.
NEW YORK-- Shares of Nordson Corp. fell Friday after the adhesives and industrial coatings maker posted fiscal second-quarter results that met Wall Street predictions, but issued a disappointing outlook for the current quarter. THE SPARK: For the quarter ended April 30, Nordson's profit rose 5 percent to $54.6 million, or 84 cents per share.
NEW YORK-- Office suppliers Office Depot Inc. and OfficeMax Inc. have enlisted The Boston Consulting Group to provide support for their pending merger. Office Depot shares rose 9 cents to $4.36 in afternoon trading. OfficeMax shares rose 17 cents to $12.75.
Cisco Systems Inc. rose. 4 percent to $23.61 with 14,227,600 shares traded. Exide Technologies fell 45.0 percent to$. 43 with 18,663,000 shares traded. Facebook Inc. fell 2.3 percent to $24.48 with 29,833,700 shares traded.
NEW YORK-- A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:. Advanced Micro Devices Inc. rose. 1 percent to $4.01 with 12,944,700 shares traded. Bank of America Corp. fell. 4 percent to $13.16 with 52,114,000 shares traded.
NEW YORK-- Shares of some top chemicals companies are down at 1 p.m.:. Dow Chemical Co. fell$. 13 or. 4 percent, to $34.97. DuPont Co. fell$. 15 or. 3 percent, to $55.20.
NEW YORK-- Shares of some top construction companies are down at 1 p.m.:. Foster Wheeler fell$. 76 or 3.3 percent, to $22.47. Quanta Services Inc. fell$. 60 or 2.0 percent, to $28.70.
NEW YORK-- Shares of some top big-box retail companies are up at 1 p.m.:. Costco Wholesale Corp. rose$. 91 or. 8 percent, to $114.10. Wal-Mart Stores Inc. rose$. 70 or. 9 percent, to $77.03.
NEW YORK-- Shares of some top gold companies are down at 1 p.m.:. Barrick Gold Corp. fell$. 10 or. 5 percent, to $19.45. Newmont Mining Corp. fell$. 54 or 1.7 percent, to $31.68.
NEW YORK-- Shares of Aeropostale Inc. fell on Friday, a day after the teen apparel retailer reported a first-quarter loss and offered second-quarter guidance that disappointed investors. THE SPARK: Aeropostale Inc. reported a loss of $12.2 million, or 16 cents per share, during the quarter.
May 24- Procter& Gamble Co said on Friday the surprise return of A.G. Lafley as chairman and chief executive was not an indication of any bigger problems at the world's largest consumer products maker. Shares of P&G were up nearly 4 percent at $81.81 on Friday after rising as high as $82.35.
NEW YORK-- Shares of Shoe Carnival Inc. rose to an all-time high Friday after the footwear retailer managed to beat Wall Street predictions for fiscal first-quarter earnings, despite a 14 percent drop year over year.
NEW YORK-- Shares of Pandora Media Inc. rose on Friday after the Internet radio company reported better-than-expected first-quarter revenue, helped by more paying subscribers. Google Inc. launched a paid subscription plan called All Access last week, and Apple Inc. is expected to unveil a free radio streaming plan later this year.
NEW YORK-- Shares of some top chemicals companies are down at 10 a.m.:. Dow Chemical Co. fell$. 16 or. 5 percent, to $34.94. DuPont Co. fell$. 73 or 1.3 percent, to $54.62.
NEW YORK-- Shares of some top big-box retail companies are up at 10 a.m.:. Costco Wholesale Corp. rose$. 73 or. 6 percent, to $113.92. Wal-Mart Stores Inc. rose$. 39 or. 5 percent, to $76.72.
NEW YORK-- Shares of some top construction companies are down at 10 a.m.:. Foster Wheeler fell$. 37 or 1.6 percent, to $22.86. Quanta Services Inc. fell$. 42 or 1.4 percent, to $28.88.
NEW YORK-- Shares of some top drug benefits companies are down at 10 a.m.:. CVSCaremark fell$. 09 or. 1 percent, to $58.25. Express Scripts Holding Co. fell$. 75 or 1.2 percent, to $62.14.
NEW YORK-- Shares of Salesforce.com Inc. tumbled in premarket trading Friday after the company said its losses widened as it spent more money to expand its online software service in an effort to maintain its rapid growth.
NEW YORK-- Shares of some top chemicals companies were down at the close of trading:. Dow Chemical Co. fell$. 02 or. 1 percent, to $35.10. DuPont Co. fell$. 22 or. 4 percent, to $55.35.
SANTA CLARA, Calif.-- Chip maker Marvell Technology Group Ltd. said Thursday that its first-quarter net income fell sharply as revenue declined, but the results beat Wall Street's expectations. Excluding special items, Marvell earned 19 cents per share in the latest quarter.