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SHANGHAI, April 11- Hong Kong shares fell on Friday with H-shares down sharply, as new rules allowing mainland and Hong Kong investors to invest in each other's markets led to a sell-off in dual-listed shares previously trading at premium to their mainland counterparts.
April 10- Shares of auto-lender Ally Financial Inc fell as much as 4.1 percent in their market debut on Thursday, taking the shine off the biggest U.S. initial public offering so far this year as investor appetite for big stock offerings shows signs of waning.
SAN FRANCISCO— Gap Inc. said Thursday that a key sales measure fell more in March than the market had expected, partly because of bad winter weather. Shares of the San Francisco- based company, which owns the Gap, Banana Republic and Old Navy brands, fell nearly 3 percent in after-hours trading following the announcement.
SEATTLE— Online retailer Amazon said Thursday it's buying digital comics company comiXology for an undisclosed sum. Amazon said the acquisition will help it offer more and better digital comic books and graphic novels. Shares of Amazon.com Inc. fell $14.79, or 4.5 percent, to $317. amid a broader market sell-off.
NEW YORK— Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:. Rite Aid Corp., up 54 cents to $6.94. Pier 1 Imports Inc., down 2 cents to $18.20.
MILWAUKEE— Oshkosh Corp. said Thursday it plans to eliminate about 760 jobs from its defense division this summer, or 29 percent of the group's workforce, a decision driven by lower demand for its mine-resistant trucks and other military vehicles.
April 10- IT services company iGate Corp said revenue would grow faster in the second half of the year, after it reported better-than-expected quarterly results due to customer additions and higher revenue from Europe and financial industry clients.
NEW YORK— Shares of Adamas Pharmaceuticals wavered Thursday after the drug developer's initial public offering raised $48 million. The offering of 3 million shares priced at $16 each, the low end of an expected range of $16 to $18. The stock rose as much as $1.24, or 7.8 percent, in morning trading but later declined 25 cents to $15.75.
April 10- Shares of auto-lender Ally Financial Inc fell as much as 3 percent in their market debut on Thursday, taking the shine off the biggest U.S. Treasury, which sold 95 million shares at $25 each, the low end of the expected price range of $25- $28.
NEW YORK— Shares of some top big-box retail companies are mixed at 10 a.m.:. Costco Wholesale Corp. rose$. 83 or. 7 percent, to $113.88. Wal-Mart Stores Inc. fell$. 08 or. 1 percent, to $77.89.
NEW YORK— Shares of some top chemicals companies are down at 10 a.m.:. Dow Chemical Co. fell$. 13 or. 3 percent, to $48.84. DuPont Co. fell$. 09 or. 1 percent, to $67.43.
NEW YORK— Shares of some top construction companies are down at 10 a.m.:. Foster Wheeler fell$. 05 or. 1 percent, to $33.93. Quanta Services Inc. fell$. 06 or. 2 percent, to $36.42.
NEW YORK— Shares of some top gold companies are mixed at 10 a.m.:. Barrick Gold Corp. rose$. 09 or. 5 percent, to $19.02. Newmont Mining Corp. rose$. 34 or 1.4 percent, to $25.33.
NEW YORK— Shares of some top telecom companies are up at 10 a.m.:. AT&T Inc. rose$. 26 or. 7 percent, to $35.18. Verizon Communications Inc. rose$. 18 or. 4 percent, to $48.16.
NEW YORK— The high-flyers are laying the stock market low— once again. Investors turned against biotech, Internet and other once-soaring stocks on Thursday, driving the Nasdaq composite index to its worst day since 2011..
April 10- Shares of bailed out auto-lender Ally Financial Inc fell 3 percent in their market debut, valuing the company at about $11.7 billion in the biggest U.S. Detroit- based Ally's shares were trading at $24.25 shortly after the opening on the New York Stock Exchange.
April 10- Rite Aid Corp forecast 2015 earnings above analysts' estimate, after reporting a higher-than-expected quarterly profit due to strong pharmacy same-store sales, sending its shares up about 10 percent before the bell. Rite Aid estimated full-year earnings of 31- 42 cents per share and sales of $26 billion- $26.5 billion.
April 9- Constellation Brands Inc said it expects to spend upto $1.1 billion- almost double its previous forecast- to increase capacity at a Mexican brewery, hurting its full-year profit and cash flow forecasts and sending its shares down 5 percent.
La Quinta raised $650 million from the offering of 38.25 million shares, which priced slightly below the expected range at $17 per share. La Quinta's shares opened at $16.75 and touched a low of $16.65 on the New York Stock Exchange on Wednesday, valuing the company at $2.04 billion.
NEW YORK, April 9- U.S. stocks opened higher on Wednesday, putting the S&P 500 on track for a second straight advance, after Alcoa Inc reported adjusted profits that beat expectations. The Nasdaq Composite Index was up 20.37 points, or 0.50 percent, at 4,133.36. Shares of Alcoa rose 4.5 percent to $13.11.