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NEW YORK-- Shares of J.C. Penney fell in premarket trading Friday, the morning after it reported an even wider loss than analysts' already-dismal estimates. The results show that J.C. Penney Co. Inc. is still reeling from the turnaround plan orchestrated by its former CEO Ron Johnson, who was ousted last month after less than a year and a half on the job.
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NEW YORK-- Shares of some top chemicals companies were down at the close of trading:. Dow Chemical Co. fell$. 24 or. 7 percent, to $35.10. DuPont Co. fell$. 06 or. 1 percent, to $55.49.
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NEW YORK-- Shares of some top drug benefits companies were down at the close of trading:. CVSCaremark fell$. 98 or 1.6 percent, to $59.37. Express Scripts Holding Co. fell$. 68 or 1.1 percent, to $60.70.
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NEW YORK-- Shares of Halozyme Therapeutics Inc. climbed Thursday after the company reported clinical trial data for an experimental cancer drug. Halozyme's drug development partners include Roche, Pfizer, Baxter International Inc., and ViroPharma Inc..
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NEW YORK-- Shares of Halozyme Therapeutics Inc. climbed Thursday after the company reported clinical trial data for an experimental cancer drug. Halozyme's drug development partners include Roche, Pfizer, Baxter International Inc., and ViroPharma Inc..
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NEW YORK-- Shares of several shipping companies rose Thursday after Eagle Bulk Shipping Inc. announced a surprise first-quarter profit. The New York- based company said Wednesday that it earned $1.4 million, or 8 cents per share, compared with a loss of $17.4 million, or $1.11 per share, in the same quarter a year ago.
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NEW YORK-- Shares of Amyris Inc. fell Thursday after a law firm said it has filed a federal securities class action lawsuit against the company, saying Amyris misled investors about its production capabilities. THE SPARK: Milberg LLP said its lawsuit will include investors who bought Amyris securities between April 29, 2011 and Feb. 8, 2012.
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NetApp Inc.' s shares rose Thursday on a report that hedge fund Elliott Management is pushing for major changes at the data storage company. THE SPARK: A report by Bloomberg, citing an unidentified person familiar with the situation, said Elliott has proposed new directors for NetApp's board and has asked the company to return cash to shareholders.
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Among the stock activity stories for Thursday, May 16, from AP Business News:. _ Shares of Jack in the Box Inc. fell after the fast-food operator reported disappointing fiscal second-quarter revenue and was downgraded by at least one analyst.
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*Cisco shares rise 9 pct in early trading. Aug 16- Shares of Cisco Systems Inc jumped 9 percent on Thursday as a dividend hike and share buyback plan overshadowed comments that business conditions in Europe would not improve anytime soon for the network equipment maker.
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NEW YORK-- Shares of some top big-box retail companies are down at 1 p.m.:. Costco Wholesale Corp. fell $1.23 or 1.1 percent, to $111.59. Wal-Mart Stores Inc. fell $1.70 or 2.1 percent, to $78.16.
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NEW YORK-- Shares of some top chemicals companies are mixed at 1 p.m.:. Dow Chemical Co. fell$. 10 or. 3 percent, to $35.24. DuPont Co. rose$. 03 or. 1 percent, to $55.58.
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NEW YORK-- Shares of some top construction companies are down at 1 p.m.:. Foster Wheeler fell$. 25 or 1.1 percent, to $21.51. Quanta Services Inc. fell$. 01 or percent, to $29.80.
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NEW YORK-- Shares of some top drug benefits companies are down at 1 p.m.:. CVSCaremark fell$. 63 or 1.0 percent, to $59.72. Express Scripts Holding Co. fell$. 99 or 1.6 percent, to $60.39.
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NEW YORK-- Shares of some top gold companies are mixed at 1 p.m.:. Barrick Gold Corp. fell$. 12 or. 6 percent, to $19.32. Newmont Mining Corp. rose$. 04 or. 1 percent, to $31.61.
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NEW YORK-- A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:. Advanced Micro Devices Inc. fell 13.6 percent to $3.79 with 52,930,100 shares traded. Bank of America Corp. rose. 1 percent to $13.46 with 57,031,100 shares traded.
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Cisco Systems Inc. rose 11.9 percent to $23.73 with 119,731,100 shares traded. DryShips Inc. rose 10.6 percent to $2.07 with 18,990,600 shares traded. Facebook Inc. fell 1.4 percent to $26.24 with 22,260,700 shares traded.
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Shares of Jack in the Box Inc. fell Thursday after the fast-food operator reported disappointing fiscal second-quarter revenue and was downgraded by at least one analyst. Jack in the Box also said it expects earnings from continuing operations of $1.55 and $1.65 per share for the full year. It also franchises Qdoba Mexican Grill sites across North America.
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NEW YORK-- Shares of some top big-box retail companies are down at 10 a.m.:. Costco Wholesale Corp. fell$. 40 or. 4 percent, to $112.42. Wal-Mart Stores Inc. fell $1.75 or 2.2 percent, to $78.11.
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NEW YORK-- Shares of some top chemicals companies are down at 10 a.m.:. Dow Chemical Co. fell$. 39 or 1.1 percent, to $34.95. DuPont Co. fell$. 07 or. 1 percent, to $55.49.