The companies confirmed late on Sunday that they were discussing a takeover of Tim Hortons by Burger King.» Read More
NEW YORK— Shares of some top drug benefits companies are up at 10 a.m.:. CVSCaremark rose$. 01 or percent, to $79.31. Express Scripts Holding Co. rose$. 18 or. 2 percent, to $73.00.
NEW YORK— Shares of some top chemicals companies are up at 10 a.m.:. Dow Chemical Co. rose$. 17 or. 3 percent, to $52.30. DuPont Co. rose$. 39 or. 6 percent, to $65.59.
NEW YORK— Shares of some top big-box retail companies are down at 10 a.m.:. Costco Wholesale Corp. fell$. 01 or percent, to $119.25. Wal-Mart Stores Inc. fell$. 08 or. 1 percent, to $74.31.
NEW YORK— Shares of some top gold companies are down at 10 a.m.:. Barrick Gold Corp. fell$. 21 or 1.1 percent, to $18.91. Newmont Mining Corp. fell$. 30 or 1.1 percent, to $26.75.
NEW YORK— Shares of some top telecom companies are down at 10 a.m.:. AT&T Inc. fell$. 19 or. 5 percent, to $34.72. Verizon Communications Inc. fell$. 13 or. 3 percent, to $48.88.
NEW YORK— Achillion Pharmaceuticals climbed in premarket trading Friday after the company reported promising results from a small clinical trial of an experimental hepatitis C drug. Shares of Achillion Pharmaceuticals Inc. jumped $1.55, or 18.4 percent, to $9.99 in premarket trading about 30 minutes before the market opening.
Aug 15- Chinese mobile-security software maker NQ Mobile Inc said Chief Financial Officer KB Teo resigned for family reasons, sending its shares down 33 percent in premarket trading. NQ Mobile said Teo's resignation, effective Aug. 22, was not related to the company's operations, policies or accounting practices.
*China Mobile leaps on report of messaging service investment. SHANGHAI, Aug 15- China's stock indexes rose nearly 1 percent by midday Friday, supported by large-cap shares, while a surge for China Mobile lifted the Hang Seng Index to its highest level since May 2008.
Aug 14- Department store chain J.C. Penney reported stronger- than-expected quarterly same-store sales, bucking a trend of disappointing sales from peers such as Wal-Mart Stores Inc and Macy's Inc.. J.C. Penney's shares were up 3.2 percent in extended trading after the company also reported a much smaller second-quarter loss.
NEW YORK— Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:. Kohl's Corp., up $1.80 to $56.91. Keurig Green Mountain Inc., up 25 cents to $114.30.
NEW YORK, Aug 14- U.S. crude prices fell more than $1 a barrel on Thursday and retreated more than 50 cents in a minute as shares of the exchange-traded U.S. Oil Fund saw high-volume trading. U.S. crude fell about 60 cents to a then session low of $96.03 between 10:50 and 10:51 a.m. EDT. By 1:09 p.m. EDT, it was down $1.54 at $96.05 a barrel, having fallen to $95.89 earlier.
SANTA CLARA, Calif.— Shares of OmniVision Technologies Inc. jumped Thursday after the company said it received a $1.64 billion takeover offer from a Chinese investment firm. Hua Capital Management Ltd.' s offer, for $29 per share, is non-binding. It works out to $1.64 billion based on OmiVision's 56.5 million shares outstanding as of June 23.
NEW YORK, Aug 14- U.S. crude prices fell more than $1 a barrel on Thursday and retreated more than 50 cents in a minute as shares of the exchange-traded fund U.S. Oil Fund fell sharply. U.S. crude fell fell about 60 cents to its session low of $96.03 between 10:50 and 10:51 a.m. EDT.
NEW YORK— St. Joe Co. said Thursday that CEO Park Brady is retiring after three years with the company. Jeffrey Keil will be president and interim CEO of the Watersound, Florida, company. Shares of St. Joe Co. rose 27 cents to $22.40 in morning trading.
Aug 14- Department store chain Kohl's Corp reported a better-than-expected quarterly profit as costs fell, sending its shares up 3.4 percent in premarket trading. Kohl's, which caters to price-sensitive middle-class shoppers and competes with Macy's Inc, J.C. Penney Co Inc and Nordstrom Inc, said net sales fell 1.1 percent to $4.24 billion.
*Cisco shares down in premarket after results, outlook. NEW YORK, Aug 14- U.S. stock index futures edged higher on Thursday, with investors reluctant to make big bets following a sharp rally in the previous session and amid signs of weak conditions in Europe. *Cisco Systems Inc fell 1.3 percent to $24.87 in premarket trading.
An economic contraction in Japan, a shock fall in Chinese loans, a surprisingly dovish turn by the Bank of England and a sluggish reading on U.S. retail sales all combined to make any tightening in policy seem a very distant prospect. Yields on Germany's two-year debt actually went negative, meaning investors were paying for the privilege of lending Berlin money.
Aug 13- Cisco Systems Inc forecast tepid current-quarter results and said it plans to cut another 6,000 jobs, as the network equipment maker works through a transition toward a new cycle of high-end switches and routers. Shares in the company slipped 2.7 percent to $24.90 in extended trading, from a $25.20 close on the Nasdaq.
Aug 13- NetApp Inc reported better-than-expected first-quarter results as sales of its branded storage equipment rose, sending its shares up as much as 3 percent after the bell. NetApp's branded product revenue, which accounts for 91 percent of total revenue, rose 0.7 percent in the quarter ended July 25.
Macy's Inc quarterly earnings missed analysts' estimates and the department store operator slashed its full-year same-store sales forecast, driving the stock down 5.5 percent to $56.47. Other major retailers, including Wal-Mart Stores Inc, are expected to report results on Thursday. Wal-Mart shares slipped 0.3 percent to $74.03.