Tom Vilsack asked China to drop a ban on U.S. poultry imports imposed because of an outbreak of bird flu.» Read More
WASHINGTON— Corinthian Colleges canceled classes Monday and shut down all of its remaining 28 ground campuses, displacing about 16,000 students, less than two weeks after the Education Department announced it was fining the for-profit institution $30 million for misrepresentation. The closures include Heald College campuses in California, Hawaii and...
*Euro gains on Greece optimism. NEW YORK, April 27- Wall Street fell modestly on Monday following healthcare stocks, but European shares and the euro advanced on optimism over talks between Greece and its lenders after Greece reshuffled its negotiating team. Concerns over Greece have mounted since the country looks set to run out of cash in coming weeks.
April 27- Mylan NV rejected Teva Pharmaceutical Industries Ltd's $40 billion takeover offer on Monday, saying in a scathing letter that it grossly undervalued the company and that Mylan has no interest in payment in what it termed "high-risk" Teva stock. Mylan shares fell 5.7 percent to $71.71 on Nasdaq, and Teva fell 3.8 percent to $61.93 on the New York Stock...
NEW YORK, April 27- Bankruptcy lawyer Harvey Miller, who led Lehman Brothers through its record-breaking Chapter 11 case starting in 2008, has died at 82 after a battle with ALS, his law firm, Weil Gotshal& Manges, announced on Monday. After joining Weil in 1969, Miller built the firm's bankruptcy practice into a global powerhouse, playing key roles in the...
NEW YORK— Shares of Akorn Inc. fell Monday as the drug developer revealed that it had to restate some financial figures because it overstated certain amounts. Akorn said it does not expect to meet the filing deadline for its first-quarter results because of the pending restatements. Meanwhile, William Blair and Deutsche Bank analysts reaffirmed positive...
April 27- Jury selection kicked off on Monday in New York state court in the criminal trial of three former leaders of defunct law firm Dewey& LeBoeuf. Potential jurors began filling out questionnaires in the trial against former Dewey chair Steven Davis, ex-executive director Stephen DiCarmine and former chief financial official Joel Sanders.
Coca-Cola Co. fell$. 04 or. 1 percent, to $40.86. Dr Pepper Snapple fell $1.22 or 1.5 percent, to $77.64. Molson Coors Brewing Co. fell$. 22 or. 3 percent, to $74.91.
BP PLC fell$. 08 or. 2 percent, to $43.38. ConocoPhillips fell$. 25 or. 4 percent, to $67.26. Exxon Mobil Corp. fell$. 05 or. 1 percent, to $86.92.
Baxter International Inc. fell$. 46 or. 6 percent, to $70.68. Bristol-Myers Squibb Co. fell$. 55 or. 8 percent, to $65.25. Eli Lilly& Co. fell$. 61 or. 9 percent, to $70.97.
American Electric Power Co. fell$. 08 or. 1 percent, to $57.80. Consolidated Edison Inc. Holding Co. fell$. 87 or 1.4 percent, to $61.63. Dominion Resources Inc. fell $1.21 or 1.6 percent, to $72.33.
Amgen Inc. fell $5.07 or 3.0 percent, to $162.84. Biogen Idec fell $11.37 or 2.8 percent, to $390.34. Celgene Corp. fell $3.51 or 3.0 percent, to $115.20.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:. AT&T Inc. rose. 6 percent to $34.21 with 9,976,000 shares traded. Alcoa Inc. rose 2.5 percent to $13.56 with 14,514,000 shares traded.
NEW YORK— Shares of some top telecom companies are up at 1 p.m.:. AT&T Inc. rose$. 20 or. 6 percent, to $34.21. Verizon Communications Inc. rose$. 03 or. 1 percent, to $50.06.
Aflac Inc. rose$. 09 or. 1 percent, to $64.28. American International Group fell$. 01 or percent, to $56.98. MBIA fell$. 06 or. 6 percent, to $9.05.
NEW YORK— Shares of some top big-box retail companies are down at 1 p.m.:. Costco Wholesale Corp. fell$. 23 or. 2 percent, to $147.90. Wal-Mart Stores Inc. fell$. 39 or. 5 percent, to $79.45.
Baxter International Inc. fell$. 46 or. 6 percent, to $70.68. Boston Scientific Corp. fell$. 34 or 1.9 percent, to $18.00. Johnson& Johnson fell$. 40 or. 4 percent, to $100.69.
CVS Health Corp. fell$. 15 or. 1 percent, to $101.43. Rite Aid fell$. 11 or 1.3 percent, to $8.14. Walgreen Boots Alliance Inc. rose$. 16 or. 2 percent, to $86.14.
NEW YORK— A look at the 10 biggest percentage decliners on New York Stock Exchange at 1 p.m.:. Invitae Corp. fell 11.7 percent to $11.68. BBX Capital Corp. fell 11.7 percent to $16.91.
NEW YORK— Shares of some top construction companies are up at 1 p.m.:. Fluor rose$. 76 or 1.3 percent, to $60.87. Quanta Services Inc. rose$. 28 or 1.0 percent, to $29.56.
Autozone Inc. fell $5.90 or. 8 percent, to $696.10. Bed Bath& Beyond Inc. fell$. 85 or 1.2 percent, to $71.68. Best Buy fell$. 07 or. 2 percent, to $35.32.