Boards have long shunned speaking with investors. Now, they are being pressed to open up. The NYT reports.» Read More
NEW YORK— Shares of some top telecom companies are down at 10 a.m.:. AT&T Inc. fell$. 03 or. 1 percent, to $35.51. Verizon Communications Inc. fell$. 04 or. 1 percent, to $51.24.
NEW YORK— Shares of some top gold companies are mixed at 10 a.m.:. Barrick Gold Corp. fell$. 11 or. 6 percent, to $18.57. Newmont Mining Corp. unchanged at $25.15.
NEW YORK— The stock market is opening mixed at the start of a busy week as a batch of merger announcements lift shares in Family Dollar and other companies. Family Dollar soared 23 percent after Dollar Tree announced plans to buy the rival discount store.
July 28- Shares of AcelRx Pharmaceuticals Inc plunged nearly 28 percent in premarket trading, after the U.S. Food and Drug Administration rejected its pain drug device, Zalviso, late on Friday. AcelRx said it would resubmit its marketing application for Zalviso by the end of the year, pending further discussions with the FDA.
*Court orders Moscow to pay $51 billion in Yukos case. MOSCOW, July 28- Shares in Russia's Rosneft fell more than the broad MICEX index on Monday after an international court ordered Moscow to pay $51 billion for expropriating the assets of the now-defunct oil producer Yukos, most of which were acquired by Rosneft in auctions.
NEW YORK— Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:. Visa Inc., down $7.97 to $214.77. Pandora Media Inc., down $2.97 to $25.75.
NEW YORK— Shares of some top chemicals companies are down at 1 p.m.:. Dow Chemical Co. fell$. 14 or. 3 percent, to $53.70. DuPont Co. fell$. 15 or. 2 percent, to $65.05.
*Shares open at $19, above IPO price of $15. July 25- Shares of El Pollo Loco Holdings Inc rose as much as 32 percent in their market debut as investors tucked into the offering, betting on the growing popularity of the restaurant chain's fire-grilled chicken.
July 25- Shares of El Pollo Loco Holdings Inc rose as much as 32 percent in their trading debut, valuing the restaurant chain at more than $700 million. The company raised $107.1 million after its initial public offering of 7.1 million shares were priced at $15 each, at the higher end of the range.
July 25- Shares of WellCare Health Plans Inc fell 22 percent on Friday, a day after the healthcare provider reported a surprise loss due to high costs for Medicaid plans in Florida and the company halved its forecast for full-year adjusted profit.
DETROIT, July 25- Lear Corp, maker of auto seats and electrical power systems, on Friday beat Wall Street's earnings expectations for the second quarter and increased its full-year outlook, sending its shares up as much as 5 percent.
July 25- John Malone's Liberty Media Corp started the process of spinning off its cable assets through a stock dividend to its shareholders to form a new listed company called Liberty Broadband. Liberty Media shares were up 2 percent in premarket trading. Berkshire Hathaway Inc and Comcast Corp are among Liberty Media's top shareholders.
July 24- Pandora Media Inc forecast current quarter adjusted profit below analysts' estimates as it plans to plow money back into the business. Pandora forecast adjusted profit of 5- 8 cents per share on revenue of $235- $240 million for the third quarter ending September.
NEW YORK— Shares of some top chemicals companies were down at the close of trading:. Dow Chemical Co. fell$. 05 or. 1 percent, to $53.84. DuPont Co. fell$. 17 or. 3 percent, to $65.20.
NEW YORK— Shares of some top drug benefits companies were up at the close of trading:. CVSCaremark rose$. 76 or 1.0 percent, to $78.89. Express Scripts Holding Co. rose$. 50 or. 8 percent, to $66.52.
NEW YORK— Shares of some top telecom companies were mixed at the close of trading:. AT&T Inc. fell$. 38 or 1.1 percent, to $35.50. Verizon Communications Inc. rose$. 14 or. 3 percent, to $51.05.
NEW YORK, July 24- U.S. real estate website operator Zillow Inc is in advanced talks to buy smaller rival Trulia Inc, according to people familiar with the matter. Trulia shares jumped as much as 40.5 percent to $57 on Thursday, valuing the company at $2.10 billion, after Bloomberg News reported Zillow may reach a deal to buy the company as soon as next week.
Pandora forecast adjusted profit of 5- 8 cents per share on revenue of $235- $240 million for the third quarter ending September. Pandora faces stiff competition from Spotify, Apple Inc's Beats online streaming service, Google Inc and Amazon.com Inc in the fast-growing music streaming business as downloads decline.
SEATTLE— Shares of Amazon.com Inc. fell Thursday after the e-commerce retailer reported a deeper-than-expected second quarter loss as expenses outpaced a surge in revenue. Amazon has long focused on spending the money it makes to grow and expand into new areas.
July 24- Visa Inc, the world's largest credit and debit card company, cut its revenue growth outlook for the year, citing a strengthening U.S. dollar. Visa's net income rose to $1.36 billion, or $2.17 per Class A share, in the third quarter ended June 30 from $1.23 billion, or $1.88 per Class A share, a year earlier.