Activist investor Nelson Peltz's Trian Fund Management has called for a break up of DuPont, The Wall Street Journal reported.» Read More
HONG KONG, Sept 19- Shares in China's largest auto rental company CAR Inc surged as much as 28 percent in their Hong Kong trading debut on Friday as investors scrambled for exposure to a market expected to almost double to $11 billion by 2018..
Sept 18- JetBlue Airways on Thursday named Robin Hayes, its current president and a former British Airways executive, to succeed Dave Barger as chief executive, sending the airline's shares up in after-market trading.
NEW YORK— Shares of some top telecom companies were up at the close of trading:. AT&T Inc. rose$. 14 or. 4 percent, to $35.16. Verizon Communications Inc. rose$. 48 or 1.0 percent, to $49.69.
NEW YORK— Shares of some top chemicals companies were mixed at the close of trading:. Dow Chemical Co. fell$. 56 or 1.0 percent, to $53.59. DuPont Co. rose $1.95 or 2.8 percent, to $71.20.
Sept 18- JetBlue Airways on Thursday named Robin Hayes, its current president, to succeed Dave Barger as chief executive, sending the airline's shares up in after-market trading. Cowen and Co said last month that it expects JetBlue to outperform the market under new management and increased its price target for the airline's shares to $15 from $10.
NEW YORK— German business software maker SAP said it will buy travel and expense management software company Concur Technologies for $129 per share, or about $7.36 billion. SAP AG values the deal at $8.3 billion. Shares of Concur Technologies Inc. closed at $107.80 Thursday and jumped $21.22, or 19.7 percent, to $129.02 in aftermarket trading.
NEW YORK— Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:. Rite Aid Corp., down $1.23 to $5.41. Pier 1 Imports Inc., down $2.88 to $12.66.
*Visa exploring options for 5.5 pct stake in Monitise. *Visa fourth-biggest stakeholder in Monitise. Sept 18- Monitise Plc lost more than a third of its market value after Visa Inc, its biggest customer, revealed plans to divest its stake in the company and pursue development of its own mobile payment systems.
NEW YORK— Shares of some top chemicals companies are mixed at 1 p.m.:. Dow Chemical Co. fell$. 14 or. 3 percent, to $54.01. DuPont Co. rose $1.93 or 2.8 percent, to $71.18.
Apple Inc. rose. 2 percent to $101.79 with 35,902,100 shares traded. Facebook Inc. rose. 7 percent to $77.00 with 22,472,500 shares traded. Gilead Sciences Inc. rose 2.0 percent to $105.93 with 16,071,400 shares traded.
NEW YORK— Shares of some top telecom companies are up at 1 p.m.:. AT&T Inc. rose$. 08 or. 2 percent, to $35.10. Verizon Communications Inc. rose$. 32 or. 7 percent, to $49.53.
NEW YORK— Shares of some top big-box retail companies are mixed at 1 p.m.:. Costco Wholesale Corp. rose$. 05 or percent, to $126.06. Wal-Mart Stores Inc. fell$. 25 or. 3 percent, to $75.99.
NEW YORK— Shares of some top gold companies are down at 1 p.m.:. Barrick Gold Corp. fell$. 23 or 1.4 percent, to $16.02. Newmont Mining Corp. fell$. 23 or. 9 percent, to $24.44.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. Bank of America Corp. rose 1.6 percent to $17.04 with 108,090,900 shares traded. Citigroup Inc. rose 2.4 percent to $53.66 with 27,017,700 shares traded.
ProQR's offering of 7.5 million shares priced at $13 per share. It had expected to sell 6.3 million shares for between $11 and $13 per share. The stock climbed $4.17, or 32 percent, to $17.17 in midday trading.
NEW YORK, Sept 18- Shares in energy companies were trading lower on Thursday, as a rise in the U.S. dollar and demand concerns sent oil prices lower. Brent crude was down 1.4 percent to $97.55 while U.S. crude lost 1.1 percent to $93.38. Chevron Corp, down 0.4 percent to $124.24 and Exxon Mobil, down 0.3 percent to $96.77, were the two biggest drags on the Dow Industrials.
NEW YORK, Sept 18- Financial stocks were leading gains on the Dow and S&P 500 indexes on Thursday, in the wake of the U.S. Goldman Sachs, up 1.5 percent to $187.59, was the top boost to the Dow Industrials. Goldman Sachs is on track for a seventh consecutive gain, which would be the longest winning streak for the stock in nearly eight years.
NEW YORK, Sept 18- Shares of Rite Aid Corp were falling early Thursday, in the highest volume so far on the New York Stock Exchange, after it cut its full-year profit forecast for a second time this year and lowered the top end of its sales forecast.
BERLIN— German pharmaceuticals and chemicals company Bayer AG said Thursday it plans to spin off its polymer division with a separate stock listing. Bayer Material Sciences, or BMS, would have sales of 11.3 billion euros based on 2013 figures, and have a global workforce of about 16,800 employees, said Chief Executive Marijn Dekkers.
Sept 18- Visa Inc said it was exploring options for its investment in Monitise Plc, a British mobile banking technology company, sending Monitise's shares down 26 percent. Visa currently has a 5.5 percent stake in Monitise. The company, which first invested in Monitise in 2009, said it would reduce its dependence on external mobile development resources.