A year after his company went private, Michael Dell talked about the PC business, whether he'll take Dell public again, and cloud startup valuations.» Read More
NEW YORK— Citizens Financial Group Inc. has raised about $3 billion in its initial public offering of stock that was priced at $21.50 a share, below the expected range. The U.S. banking unit of The Royal Bank of Scotland Group said late Tuesday that it sold 140 million shares in the IPO that had initially been expected to fetch between $23 to $25 a share.
LONDON, Sept 24- The United States is experiencing the largest and most sustained drop in oil demand since the start of the petroleum era in 1859 thanks to improvements in efficiency and the switch to alternative fuels.
Sept 24- For other related diaries, please. NEW YORK- India Investment Forum. Indian Finance Minister Arun Jaitley and Finance Secretary Arvind Mayaram to attend.
Sept 23- Oracle Corp's Larry Ellison, who is stepping aside as chief executive officer, took less money home in fiscal 2014 that the year before following criticism of his compensation and concerns about the software company's struggles against smaller rivals.
BOSTON/ DETROIT, Sept 23- General Motors Co on Tuesday named an engineer to serve as its first cybersecurity chief as the No. 1 U.S. automaker and its rivals come under increasing pressure to better secure their vehicles against hackers. "So that's the competitive advantage we're trying to really put in place for General Motors."
ATLANTIC CITY, N.J.— The lawyer for a Florida developer who has offered $90 million for the former Revel Casino Hotel in Atlantic City says multiple offers have been received for it, and an auction will be held Wednesday.
Sept 23- Oracle Corp's Larry Ellison, who is stepping aside as CEO, received $67.3 million as compensation in that role in 2014, a 15.5 percent drop from a year earlier. Oracle surprised Wall Street last week with the announcement that Ellison would be replaced by presidents Safra Catz and Mark Hurd..
Delta Air fell$. 25 or. 7 percent, to $37.70. JetBlue Airways Corp. fell$. 14 or 1.2 percent, to $10.77. Southwest Airlines Co. fell$. 89 or 2.6 percent, to $33.26.
Fluor fell$. 37 or. 5 percent, to $68.17. Foster Wheeler fell$. 19 or. 6 percent, to $31.11. Quanta Services Inc. fell$. 29 or. 8 percent, to $36.85.
Becton, Dickinson& Co. fell$. 12 or. 1 percent, to $112.63. Covidien fell $2.29 or 2.5 percent, to $88.11. PerkinElmer fell$. 46 or 1.0 percent, to $43.78.
American Electric Power Co. fell$. 41 or. 8 percent, to $52.56. Consolidated Edison Inc. Holding Co. fell$. 12 or. 2 percent, to $56.75. Duke Energy Corp. fell$. 20 or. 3 percent, to $73.67.
General Electric Co. fell$. 06 or. 2 percent, to $26.02. Snap-On fell$. 90 or. 7 percent, to $121.92. Whirlpool Corp. fell $1.12 or. 7 percent, to $152.49.
Colgate-Palmolive Co. fell$. 29 or. 4 percent, to $65.40. Kimberly-Clark Corp. fell $1.20 or 1.1 percent, to $106.47. Procter& Gamble Co. fell$. 37 or. 4 percent, to $84.44.
Apollo Group fell$. 34 or 1.3 percent, to $25.36. Career Education Corp. fell$. 07 or 1.4 percent, to $4.99. Strayer Education Inc. fell$. 38 or. 6 percent, to $59.44.
Hecla Mining Co. rose$. 11 or 4.2 percent, to $2.75. Pan American Silver Corp. rose$. 35 or 3.0 percent, to $12.17. Silver Standard Resources Inc. rose$. 32 or 5.1 percent, to $6.63.
BP PLC fell$. 41 or. 9 percent, to $45.72. ConocoPhillips fell$. 77 or 1.0 percent, to $78.91. Exxon Mobil Corp. fell$. 51 or. 5 percent, to $96.03.
Cigna Corp. fell $1.72 or 1.8 percent, to $92.98. Humana Inc. fell $2.43 or 1.8 percent, to $132.35. UnitedHealth Group fell $1.18 or 1.3 percent, to $86.59.
Kohl's Corp. rose$. 16 or. 3 percent, to $61.89. Macy's Inc. fell$. 30 or. 5 percent, to $58.64. Nordstrom fell$. 67 or 1.0 percent, to $67.66.
Caterpillar fell$. 91 or. 9 percent, to $99.99. Deere& Co. fell$. 42 or. 5 percent, to $83.32. Terex fell$. 13 or. 4 percent, to $32.12.
Aflac Inc. fell$. 68 or 1.2 percent, to $57.86. American International Group fell$. 42 or. 8 percent, to $54.51. MBIA fell$. 15 or 1.6 percent, to $9.25.