Conglomerates are coming to the conclusion that they should stick to businesses in which they have a competitive advantage, Harry Wilson tells CNBC.» Read More
Apple Inc. rose. 4 percent to $126.78 with 28,272,800 shares traded. Axion Power International Inc. fell 21.2 percent to$. 04 with 32,274,600 shares traded. Cisco Systems Inc. rose 1.6 percent to $28.25 with 29,732,000 shares traded.
INDIANAPOLIS— Long-time Angie's List CEO William S. Oesterle will step down to pursue other interests, including becoming more civically involved in the consumer review site's home state of Indiana, the company announced Wednesday. Shares of Angie's List soared after the Indianapolis company announced Oesterle's plan and lifted a forecast for a measure of...
*Bank of America's, shares were up 0.9 percent at $15.62 after the No. 2 U.S. bank by assets, reported a first-quarter profit of $2.98 billion, compared with a surprise loss a year earlier. *Delta Air Lines and Charles Schwab will report results later on Wednesday with video streaming company Netflix Inc reporting after the close of markets. *Google Inc's shares were...
*Hong Kong stocks supported by signs of fresh money inflows. SHANGHAI, April 15- Chinese stocks retreated by midday on Wednesday led by a correction in expensive small-cap stocks, after China reported economic growth slowed to a six-year low. But shares in Hong Kong held firm on signs Chinese mutual fund managers were raising billions of dollars in their quest...
NEW YORK— Shares of some top chemicals companies were up at the close of trading:. Dow Chemical Co. rose$. 56 or 1.2 percent, to $48.83. DuPont Co. rose$. 30 or. 4 percent, to $72.26.
NEW YORK— Shares of some top construction companies were up at the close of trading:. Fluor rose$. 68 or 1.2 percent, to $59.02. Quanta Services Inc. rose$. 35 or 1.2 percent, to $29.06.
NEW YORK— Shares of some top drug benefits companies were down at the close of trading:. CVS Health Corp. fell$. 03 or percent, to $102.11. Express Scripts Holding Co. fell$. 04 or percent, to $88.06.
NEW YORK— Shares of some top telecom companies were mixed at the close of trading:. AT&T Inc. fell$. 19 or. 6 percent, to $32.69. Verizon Communications Inc. rose$. 14 or. 3 percent, to $49.18.
NEW YORK— Footwear maker Deckers said Tuesday that Connie Rishwain, the president of its Ugg and fashion and lifestyle brands, is leaving the company. She has been with the Ugg brand since Deckers Outdoor Corp. acquired it in 1995.. Shares of Deckers Outdoor Corp. fell 75 cents to $73.99 on Tuesday, and they are down 19 percent in 2015. The stock slipped 9 cents to...
Intel forecast current-quarter revenue of $13.2 billion, plus or minus $500 million, based on expectations of stronger demand for its personal computer chips and continued strength in its data center business. For the full year, Intel forecast flat revenue, also in line with Wall Street's estimates. Intel said it would cut 2015 capital expenditures to $8.7...
*Norfolk Southern gives weak outlook, shares fall. NEW YORK, April 14- The Dow and S&P 500 ended higher on Tuesday, helped by energy stocks and March-quarter earnings reports that topped modest expectations following worries about a strong dollar. Norfolk Southern Corp dropped 4.18 percent to $100.49 a day after it forecast a surprise drop in its first-quarter...
NEW YORK— Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:. Alcatel-Lucent, up 58 cents to $4.93. JPMorgan Chase& Co., up 97 cents to $63.04.
Intel's shares rose 3 percent to $32.42 in after market trading. Intel has been lagging behind rivals such as Qualcomm Inc and ARM Holdings Plc- the British company behind the processor in Apple's iPhone 6- in the fast-growing smartphone market. Intel forecast current-quarter revenue of $13.2 billion, plus or minus $500 million.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. Alcoa Inc. rose. 6 percent to $13.37 with 21,751,200 shares traded. Avon Products Inc. rose 14.2 percent to $9.15 with 33,111,100 shares traded.
Advanced Micro Devices Inc. fell 4.0 percent to $2.67 with 13,270,300 shares traded. Apple Inc. fell. 4 percent to $126.30 with 24,955,500 shares traded. Axion Power International Inc. rose 6.1 percent to$. 05 with 38,274,900 shares traded.
NEW YORK— Shares of some top telecom companies are mixed at 1 p.m.:. AT&T Inc. fell$. 17 or. 5 percent, to $32.72. Verizon Communications Inc. rose$. 22 or. 4 percent, to $49.26.
NEW YORK— Shares of some top gold companies are up at 1 p.m.:. Barrick Gold Corp. rose$. 15 or 1.2 percent, to $12.51. Newmont Mining Corp. rose$. 23 or 1.0 percent, to $22.80.
NEW YORK— Shares of some top construction companies are up at 1 p.m.:. Fluor rose$. 51 or. 9 percent, to $58.85. Quanta Services Inc. rose$. 18 or. 6 percent, to $28.89.
NEW YORK— Shares of some top chemicals companies are up at 1 p.m.:. Dow Chemical Co. rose$. 49 or 1.0 percent, to $48.76. DuPont Co. rose$. 24 or. 3 percent, to $72.20.
NEW YORK— Shares of some top drug benefits companies are mixed at 1 p.m.:. CVS Health Corp. rose$. 12 or. 1 percent, to $102.26. Express Scripts Holding Co. fell$. 04 or percent, to $88.06.