Alan Brown, senior adviser at Schroders, discusses high-frequency trading and regulation, as Barclays files to dismiss the U.S. suit against its dark pool trading.» Read More
Reversing a lower court ruling, the 2nd U.S. Circuit Court of Appeals in New York said the FDA was empowered to reject two citizen challenges to its policy, which discourages but does not ban the use of penicillin and some tetracyclines in feed for chickens, cows and pigs, even if they are not sick.
United Continental Holdings also said it would repurchase $1 billion in stock. Delta Air Lines resumed a dividend and buyback last year and Southwest Airlines also pays dividends. Among the smaller carriers, Alaska Air Group pays a dividend.
*Washington has concerns about Kurdish sales, Iraq split. A sale of Kurdish crude oil to a U.S. refinery would infuriate Baghdad, which sees such deals as smuggling, and raises questions about Washington's commitment to preventing oil sales from the autonomous region.
Midwest but feared as a factor in the decline of U.S. honey bee colonies and other crop pollinators, has been found to be widespread through rivers and streams in Iowa, according to a government study released on Thursday.
WASHINGTON, July 24- Gas-rich states such as Texas should have the easiest time complying with planned Environmental Protection Agency regulations on carbon pollution from power plants, despite opposition from their lawmakers, a new study says.
AUSTIN, Texas— Charles Schwab Corp. is getting nearly $6 million in incentives from Texas to open an El Paso operations center and increase its presence in Austin, creating more than 1,200 jobs.
WASHINGTON, July 24- The number of Americans filing new claims for unemployment benefits fell to the lowest level in nearly 8-1/ 2 years last week, suggesting the labor market recovery was gaining traction. "The economy is doing better," said Ryan Sweet, a senior economist at Moody's Analytics in West Chester, Pennsylvania.
July 24- Delta Air Lines said on Thursday it plans to resume service to Ben Gurion International Airport in Tel Aviv two days after halting flights amid hostilities in the region. United Airlines earlier said that it was resuming flights to and from Tel Aviv.
*D.R. Horton shares down 10 pct, PulteGroup down 3 pct. July 24- D.R. Horton Inc, the No.1 U.S. homebuilder, said it had to offer discounts in the third quarter to boost sales in Chicago, a particularly bleak spot in a weak U.S. housing market.
NEW YORK, July 24- Oil futures prices fell on Thursday, as unseasonably weak demand and plentiful supplies of crude and refined products offset strong Chinese factory data that could boost energy demand in the world's No. 2 oil consumer.
The PHLX housing sector index fell 2.36 percent, with shares of D.R. Horton Inc, the No. 1 U.S. homebuilder, dropping more than 3 percent. D.R. Horton spooked investors on Thursday when it reported a 23- percent drop in third-quarter profit.
July 24- The steel-making coal market needs to cut another 10 million tonnes of production to get into balance, the chief of Teck Resources Ltd said on Thursday after the Canadian miner reported a sharp fall in profit, mainly due to weak coal prices.
NEW YORK— Shares of some top drug benefits companies are up at 1 p.m.:. CVSCaremark rose$. 59 or. 8 percent, to $78.72. Express Scripts Holding Co. rose$. 53 or. 8 percent, to $66.55.
NEW YORK— Shares of some top telecom companies are mixed at 1 p.m.:. AT&T Inc. fell$. 33 or. 9 percent, to $35.55. Verizon Communications Inc. rose$. 33 or. 6 percent, to $51.24.
Apple Inc. fell. 3 percent to $96.85 with 24,481,300 shares traded. Ariad Pharmaceuticals Inc. rose 6.3 percent to $6.25 with 18,543,100 shares traded. BlackBerry Ltd. rose 4.2 percent to $10.24 with 20,354,300 shares traded.
NEW YORK— Shares of some top construction companies are down at 1 p.m.:. Foster Wheeler fell$. 23 or. 7 percent, to $33.74. Quanta Services Inc. fell$. 31 or. 9 percent, to $35.03.
Autozone Inc. rose $7.37 or 1.5 percent, to $515.09. Bed Bath& Beyond Inc. rose$. 48 or. 8 percent, to $62.28. Best Buy rose$. 52 or 1.7 percent, to $31.42.
ConAgra Foods Inc. rose$. 01 or percent, to $30.84. General Mills Inc. rose$. 07 or. 1 percent, to $52.97. Hormel Foods Corp. fell$. 28 or. 6 percent, to $47.56.
Overstock.com Inc. rose 19.3 percent to $16.66. Datawatch Corp. rose 18.2 percent to $14.09. Vasco Data Security International Inc. rose 17.0 percent to $13.58.
TriState Capital Holdings Inc. fell 23.1 percent to $10.44. Angie's List Inc. fell 18.4 percent to $8.30. Inteliquent Inc. fell 15.7 percent to $11.89.