What should investors do with equity markets at record highs? Here is a recap of trade tips from today.» Read More
ATLANTIC CITY, N.J.-- New Jersey has cleared the way for casino patrons to gamble on their iPads, smartphones and other mobile devices. Most importantly in this process was the development of regulations that provided safeguards to prevent underage gambling, and to continually ensure the integrity and security of mobile gaming in New Jersey. "
NEW YORK, Oct 9- Yum Brands Inc:.
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*Some say they won't rule out suing SEC if changes not made.
--U.S. data center operator Peak 10 Holding Corp. plans to issue a new $300 million senior secured term loan to refinance its existing credit facility and pay a dividend of approximately $215 million to its private-equity owners.
Oct 9- Levi Strauss& Co reported lower quarterly revenue and profit, as economies in Europe and Asia slowed and the company phased out its Denizen brand in Asia. Overall, net revenue for the three months ended August 26 fell 8.6 percent to $1.1 billion, while net income at the privately held clothes maker slipped to $28 million from $32 million a year earlier.
NEW YORK-- Shares of Optimer Pharmaceuticals tumbled 6 percent Tuesday as Wall Street weighed in on the company's marketing strategy and sales of its antibacterial drug Dificid. On Tuesday Oppenheimer& Co. analyst Christopher Holterhoff downgraded Optimer shares to "Perform" from "Outperform," and said he is not convinced the plan will work.
The net loss was $143 million, or 13 cents per share, compared with a profit of $172 million, or 15 cents per share, in the same quarter last year, the Pittsburgh- based company said on Tuesday.
Trades cleared through a Nasdaq-operated trading facility sparked sharp moves in either direction in a number of seemingly unrelated stocks, including Pandora Media, Nokia and the Select Sector Financial SPDR exchange-traded fund.
NEW YORK, Oct 9- U.S. stocks fell on Tuesday, led by losses in technology after brokerage downgrades of Intel and other major companies as worries increased about third-quarter U.S. earnings. The Dow Jones industrial average fell 110.20 points, or 0.81 percent, to end unofficially at 13,473.45.
In its latest forecast, the International Monetary Fund said Tuesday that the global economy is weakening and will grow more slowly in the next year. The euro fell to $1.2880 in late trading Tuesday from $1.2967 late Monday. The dollar rose to 0.9404 Swiss franc from 0.9330 Swiss franc and to 97.76 Canadian cents from 97.66 Canadian cents.
NEW YORK, Oct 9- Short interest on the Nasdaq fell 2.7 percent in late September, the exchange said on Tuesday, suggesting a decline in bearish sentiment in the stock market. As of Sept. 28, short interest slipped to about 7.401 billion shares, compared with 7.607 billion shares as of Sept. 14.
NEW YORK, Oct 9- Alcoa Inc:.
Oct 9- Continental Resources Inc, the top oil producer in the Bakken oil region, said on Tuesday it expects to cut $1 million off the cost of its average well there by the end of 2013, as it takes on one of the biggest challenges in the booming oil basin.
NEW YORK-- Stocks are ending lower on Wall Street after a weak forecast for global growth from the International Monetary Fund. Now investors turn their attention to corporate earnings reports. Aluminum company Alcoa is set to report its results first.
NEW YORK, Oct 9- Small- and mid-capitalization stocks fell o n Tuesday, with shares of Super Micro Computer Inc. Shares of Super Micro Computer were down 11.7 percent at $9.39 after it said revenue for its first quarter will be at the lower end of its forecast. Third-quarter results for S&P 500 companies begin after the bell with a report from aluminum company Alcoa.
*Growth, Greece worries stoke safety bids for bonds. The International Monetary Fund warned that the United States faces meager growth of about 2 percent this year and next and predicted the euro zone economy would shrink 0.4 percent in 2012. It downgraded its outlook on China, the world's second-largest economy.
----------------------------------------------------------0700/ 1100: The USDA issues weekly world rice price. 1000/ 1400: The Labor Dept. issues Job Openings and Labor Turnover Survey for August. 1630/ 2030: The American Petroleum Institute issues weekly national petroleum report.
NEW YORK-- Small business owners may be pessimistic about the economy and their own companies right now, but they're getting optimistic about the future. A survey released Tuesday by the National Federation of Independent Business shows that owners became more pessimistic during September as employment and sales remained weak.
NEW YORK, Oct 9- U.S. natural gas futures reversed course and ended higher on Tuesday after early selling, backed by a colder turn in computer weather model projections released at midday. "It's all about weather, and it looks like the noon run turned a bit colder for the 11- to 15- day forecast," a New York- based trader said.