The "Fast Money" traders take a look at today's biggest market movers.» Read More
BERLIN, Oct 25- Calogero Gambino, a senior Deutsche Bank regulatory lawyer, has been found dead in New York in what appears to have been a suicide, the Wall Street Journal reported on Saturday, citing New York City officials and other sources. He had been closely involved in negotiating legal issues for Deutsche Bank such as a probe by regulators of banks over...
NEW YORK— Sometimes a little fear is healthy for stock investors. Nine days ago, after a series of sharp sell-offs, the Standard& Poor's 500 index was down 7.4 percent from its September record as fears of a global economic slowdown intensified. "It's important to have these periods of scare and fear," says Joe Quinlan, chief market strategist for U.S. Trust.
FRANKFURT- Deutsche Bundesbank Board Member Andreas Dombret to give press conference at the Bundesbank in Frankfurt- 1200 GMT. FRANKFURT- ECB Vice-president Vitor Constancio and Supervisory Board Chair Daniele Nouy to hold a press conference on the results of the Comprehensive Assessment- 1030 GMT. LONDON- Bank of England Deputy Governor Minouche Shafik...
Oct 24- Consumer advocate Ralph Nader sent a letter to Apple Inc Chief Executive Officer Tim Cook urging the company to reduce its spending on share buybacks and use the money to raise wages, the Wall Street Journal reported on Friday. "'Designed by Apple in California' has a nicer ring to it than' assembled by workers paid about a dollar per hour, working 11- hour...
Oct 24- Ocwen Financial Corp said it was hiring an independent firm to investigate how the mortgage servicer had sent backdated letters to borrowers about loan modifications and foreclosures and the reason for the delay in fixing the issue. Hundreds of thousands of borrowers facing foreclosure may have been harmed after they received letters from Ocwen...
SAN FRANCISCO/ BOSTON, Oct 24- Amazon.com Inc's once fairy-tale ride on Wall Street has hit its most jarring bump yet. Amazon missed expectations across the board- on margins, on its net loss and on revenue. Benkendorf unloaded his Amazon holdings a year ago and said he would be skeptical of future involvement even if the stock falls further.
Bank of America Corp. rose$. 12 or. 7 percent, to $16.72. Citigroup Inc. rose$. 39 or. 8 percent, to $51.80. Goldman Sachs rose $3.29 or 1.8 percent, to $183.35.
Arch Coal unchanged at $1.84. Consol Energy Inc. fell$. 10 or. 3 percent, to $34.68. Peabody Energy fell$. 03 or. 3 percent, to $10.40.
Fluor rose$. 34 or. 5 percent, to $64.95. Foster Wheeler rose$. 06 or. 2 percent, to $30.41. Quanta Services Inc. rose$. 35 or 1.1 percent, to $32.82.
General Electric Co. rose$. 20 or. 8 percent, to $25.64. Snap-On rose$. 61 or. 5 percent, to $128.24. Whirlpool Corp. rose$. 92 or. 6 percent, to $158.62.
ConocoPhillips rose$. 07 or. 1 percent, to $70.07. Exxon Mobil Corp. rose$. 38 or. 4 percent, to $94.49. Marathon Oil Corp. fell$. 23 or. 7 percent, to $34.50.
Amgen Inc. rose$. 01 or percent, to $147.26. Biogen Idec rose $5.61 or 1.8 percent, to $321.67. Celgene Corp. rose $2.84 or 2.8 percent, to $103.24.
Baxter International Inc. rose$. 73 or 1.1 percent, to $69.83. Bristol-Myers Squibb Co. rose $1.13 or 2.2 percent, to $53.63. Hospira rose$. 80 or 1.6 percent, to $52.25.
DR Horton rose$. 02 or. 1 percent, to $22.96. Hovnanian Enterprises Inc. rose$. 06 or 1.6 percent, to $3.86. Lennar Corp. rose$. 45 or 1.0 percent, to $43.76.
Costco Wholesale Corp. fell$. 15 or. 1 percent, to $130.44. Target fell$. 46 or. 7 percent, to $61.57. Wal-Mart Stores Inc. rose$. 13 or. 2 percent, to $76.38.
Brinker International Inc. rose $1.27 or 2.5 percent, to $51.28. Chipotle Mexican Grill Inc. rose $5.78 or. 9 percent, to $615.78. Darden Restaurants Inc. rose$. 75 or 1.5 percent, to $51.05.
Boeing rose$. 21 or. 2 percent, to $122.24. Lockheed Martin Corp. rose$. 66 or. 4 percent, to $181.33. Northrop Grumman Corp. rose $1.59 or 1.2 percent, to $130.79.
Kroger fell$. 10 or. 2 percent, to $54.19. Safeway rose$. 01 or percent, to $34.12. Supervalu fell$. 03 or. 4 percent, to $8.08.
Apollo Group rose$. 24 or. 9 percent, to $25.91. Career Education Corp. fell$. 09 or 1.7 percent, to $5.19. Strayer Education Inc. fell $1.29 or 1.9 percent, to $65.01.
Autozone Inc. rose $4.48 or. 8 percent, to $536.05. Bed Bath& Beyond Inc. fell$. 47 or. 7 percent, to $65.24. Best Buy fell$. 01 or percent, to $33.11.