GO
Loading...

Companies

More

  • Hong Kong set for 7th day of gains, China shares slip Wednesday, 30 Jul 2014 | 1:16 AM ET

    *PetroChina up, banking and real estate slip. China's major indexes broke a long-running streak as early gains led by index heavyweight PetroChina Co Ltd were offset by plunging real estate and banking shares. PetroChina was among top index boosts in Shanghai, climbing more than 6 percent at one point.

  • *Merck up as results beat expectations, but Pfizer slips. United Parcel Service shares fell 3.7 percent to $98.86 after the world's biggest courier company slashed its earnings forecast for the year due to spending to boost capacity. Rival shipping company FedEx Corp was down 1.6 percent at $147.14.

  • July 29- Panera Bread Co on Tuesday reported a 4 percent decline in quarterly profit as it works to speed up service at its popular bakery cafes. Net income fell to $49.2 million, or $1.82 per share, for the second quarter that ended on July 1. Panera earned $51.0 million, or $1.74 per share, in the year-ago quarter, when the company had more shares outstanding.

  • *Merck up as results beat expectations, but Pfizer slips. United Parcel Service shares fell 3.1 percent to $99.47 after the world's biggest courier company slashed its earnings forecast for the year due to spending to boost capacity. Rival shipping company FedEx Corp was down 0.8 percent at $148.36.

  • July 29- Aetna Inc, the third-largest U.S. health insurer, reported a rise in medical costs on Tuesday, raising investor concerns that a long run of low growth in such costs might be ending and pushing shares in the industry lower.

  • CenturyLink Inc shares were up 8 percent, AT&T Inc was up 3 percent and Verizon Communication Inc rose 2 percent. "Given the IRS approval, we expect other companies may explore the possibility of spinning off their Wireline assets into a similar structure," Jefferies& Co analysts said.

  • *Second-quarter adj. profit 2 cents/ shr vs est loss 4 cents/ shr. July 29- AK Steel Holding Corp reported a surprise quarterly profit as prices rose and it shipped more steel, sending its shares up nearly 8 percent to their highest in two years.

  • Telecom shares rise after Windstream gets REIT approval Tuesday, 29 Jul 2014 | 10:51 AM ET

    July 29- Shares of U.S. telecom companies rose after network operator Windstream Holdings Inc said it got regulatory approval to convert some of its assets into a REIT- a tax-efficient structure that could be followed by others.

  • July 29- Merck& Co Inc reported better-than-expected quarterly results on Tuesday, helped by strong sales of consumer products and medicines for arthritis and HIV, sending its shares up more than 1 percent in morning trading.

  • July 29- The New York Times Co reported a dip in second-quarter revenue as print advertising revenue erased the previous quarter's rise, and the company expects print ad revenue to continue to decline in the future. Shares of the company dropped almost 6 percent to $13.30 during Tuesday morning trading after the results were released.

  • July 29- U.S. manufacturer Eaton Corp lowered the top end of its full-year profit forecast on Tuesday due to weaker margins in its electrical systems business, sending its shares down more than 3 percent. Eaton now expects 2014 earnings in a range of $4.50 to $4.70 per share, lowering the top end from $4.90.

  • *Trulia shares rise as much as 20 pct to $67.49. July 28- Zillow Inc said it would buy smaller rival Trulia Inc for $3.5 billion, combining the top two U.S. real estate websites to cut costs, after they failed to produce profits from a rising number of home buyers shopping online. Zillow's shares rose as much as 4 percent to $164.90.

  • *Dollar Tree offers to buy Family Dollar; deal valued at $9.2 bln. Dollar Tree Inc offered to buy rival discount chain Family Dollar Stores Inc for about $8.5 billion. Zillow Inc agreed to buy Trulia Inc for $3.5 billion in stock in a deal that would combine the two most popular U.S. real estate website operators Trulia's shares jumped 15.4 percent to $65.04.

  • Herbalife profit falls 17 pct as costs rise Monday, 28 Jul 2014 | 4:42 PM ET

    July 28- Herbalife Ltd, a maker of weight-loss and nutritional products, reported a 17 percent drop in quarterly profit as costs rose, sending its shares down 7 percent after the bell. Net income fell to $119.5 million, or $1.31 per share, in the second-quarter ended June 30, from $143.2 million, or $1.34 per share, a year earlier. Revenue rose 7 percent to $1.31 billion.

  • 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.

  • *Russia stocks tumble anew after new sanctions. *Wall Street falls in early trade on weak housing data; bonds gain. NEW YORK, July 28- World stock markets fell on Monday as new European sanctions against Moscow chilled the already frosty relationship with Russia while the dollar hovered near six-month highs against a basket of major currencies.

  • *Russia stocks tumble anew after new sanctions. *Wall Street falls in early trade on weak housing data; bonds gain. NEW YORK, July 28- World stock markets fell on Monday as new European sanctions against Moscow chilled the already frosty relationship with Russia while the dollar hovered near six-month highs against a basket of major currencies.

  • 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.

  • *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.