Companies
featured
U.S. corporate tax reform should be the top priority in the government's efforts to restore economic growth, FedEx Chairman and CEO Frederick Smith told CNBC.
» Read More
More
-
NEW YORK-- Shares of some top chemicals companies are up at 10 a.m.:. Dow Chemical Co. rose$. 08 or. 2 percent, to $32.28. DuPont Co. rose$. 15 or. 3 percent, to $47.60.
-
NEW YORK-- Shares of some top drug benefits companies are up at 10 a.m.:. CVSCaremark rose$. 50 or 1.0 percent, to $51.70. Express Scripts Holding Co. rose$. 07 or. 1 percent, to $53.49.
-
Feb 1- Shares of Pfizer Inc's animal health subsidiary Zoetis Inc jumped 21 percent on their New York Stock Exchange debut on Friday. Shares opened at $31.50 after the Madison, New Jersey- based company's stock was priced at $26, above an expected range of $22 to $25 a share. J.P. Morgan Chase& Co, Bank of America Merrill Lynch Corp and Morgan Stanley led the offering.
-
*TNK-BP's $55 bln takeover to be closed in H1. MOSCOW, Feb 1- Rosneft came in slightly below forecasts with a 7 percent rise in 2012 net profit on Friday while free cash flow halved ahead of its $55 billion takeover of TNK-BP, sending shares in Russia's top oil producer lower.
-
Feb 1- Legg Mason Inc reported a quarterly loss on Friday on charges for impaired assets and continued outflows from its equity and bond funds, and said it should name a permanent chief executive soon. Shares of Legg Mason were down 3.8 percent in early trading, at $26.61, after analysts expressed concern about the outflows.
-
Feb 1- Shares of Pfizer Inc's animal health subsidiary Zoetis Inc rose 21 percent in their New York Stock Exchange debut on Friday. Shares opened at $31.50 after the Madison, New Jersey- based company raised $2.2 billion in the largest initial public offering from a U.S. firm since Facebook Inc.. Zoetis shares priced at $26, above their expected range of $22 to $25.
-
*Dollar dips against euro to $1.3658. LONDON, Feb 1- World shares gained and the dollar extended its falls against the euro on Friday after data showed U.S. payrolls grew modestly in January and that gains in the previous two months were bigger than initially reported.
-
Feb 1- Mattel Inc missed Wall Street's profit and sales estimates for the fourth quarter on weak demand for its mainstay Barbie dolls and movie-themed toys in a holiday season plagued by concerns about the U.S. economy. Mattel's news came after rival Hasbro Inc warned its fourth-quarter revenue could fall far short of analysts' estimates.
-
NEW YORK-- Shares of Dell Inc. rose 7 percent in premarket trading on new reports that the computer company is nearing a deal to sell itself to a group including its CEO, a major private equity firm and Microsoft Corp. in a deal that could mark the largest leveraged buyout since the Great Recession.
-
*China agricultural stocks lifted by policy signals. HONG KONG, Feb 1- Hong Kong shares extended a retreat from a 21- month high on Friday, dragged down by growth-sensitive stocks after an official survey of manufacturing activity in China disappointed expectations.
-
NEW YORK-- Shares of some top chemicals companies were down at the close of trading:. Dow Chemical Co. fell $2.41 or 7.0 percent, to $32.20. DuPont Co. fell$. 18 or. 4 percent, to $47.45.
-
NEW YORK-- Shares of some top drug benefits companies were down at the close of trading:. CVSCaremark fell$. 45 or. 9 percent, to $51.20. Express Scripts Holding Co. fell$. 30 or. 6 percent, to $53.42.
-
NEW YORK-- Shares of JDS Uniphase neared a new yearly high Thursday after the company, which makes equipment for optical communications networks, returned to a profit and beat Wall Street expectations in the latest quarter. The Milpitas, Calif., company late Wednesday posted net income of $4.1 million, or 2 cents per share, for the second quarter.
-
WASHINGTON-- Shares of Halozyme Therapeutics tumbled 8 percent Thursday after a Wall Street analyst downgraded the specialty drugmaker, saying that European regulators may not approve a key cancer drug this year.
-
NEW YORK-- Shares of LDK Solar Co. rose Thursday on news that China Development Bank Corp. agreed to loan it nearly $70 million. THE SHARES: LDK shares rose 10 cents, or 6.5 percent, to $1.64 in heavy afternoon trading, after peaking at $1.70 earlier in the day. In the past 52 weeks, the shares have traded between 71 cents and $6.92.
-
NEW YORK-- Shares of Owens-Illinois Inc. rose Thursday after the glass container maker reported solid fourth-quarter results and provided a positive outlook for this year. THE SPARK: Owens-Illinois makes glass containers for beer, liquor and other beverages. THE BIG PICTURE: Owens-Illinois said shipments decreased, but it raised its prices.
-
LOS ANGELES-- Shares in cloud-computing company Citrix Systems Inc. rose 10 percent Thursday after better-than- expected fourth-quarter results and a bright outlook suggested that the company is broadening its business and still has strong growth potential.
-
Shares of Las Vegas Sands Corp. soared Thursday after the casino operator reported impressive fourth-quarter gains because of its growth in China. THE SPARK: The company reported after the market closed Wednesday that it fiscal fourth-quarter profit jumped 35 percent, based largely on its expanding business in the Chinese gambling enclave of Macau.
-
Celsion Corp. fell 81.0 percent to $1.52 with 27,759,600 shares traded. Facebook Inc. rose. 2 percent to $31.31 with 108,685,400 shares traded. Intel Corp. fell 1.2 percent to $21.11 with 18,887,700 shares traded.
-
NEW YORK-- A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:. Advanced Micro Devices Inc. fell 2.3 percent to $2.59 with 19,216,300 shares traded. Bank of America Corp. fell. 9 percent to $11.27 with 47,066,800 shares traded.