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
Brinker International Inc. rose$. 36 or. 8 percent, to $45.11. Chipotle Mexican Grill Inc. fell $1.45 or. 2 percent, to $659.82. McDonald's Corp. rose$. 05 or. 1 percent, to $95.40.
Allergan fell$. 78 or. 5 percent, to $171.65. Baxter International Inc. rose$. 20 or. 3 percent, to $77.04. Boston Scientific Corp. rose$. 09 or. 7 percent, to $13.11.
NEW YORK— Shares of some top gold companies are down at 1 p.m.:. Barrick Gold Corp. fell$. 48 or 2.6 percent, to $18.26. Newmont Mining Corp. fell$. 45 or 1.8 percent, to $24.74.
Boeing fell $2.24 or 1.8 percent, to $124.47. Lockheed Martin Corp. rose$. 77 or. 5 percent, to $168.87. Northrop Grumman Corp. rose$. 86 or. 7 percent, to $127.47.
NEW YORK— A look at the 10 biggest percentage decliners on New York Stock Exchange at 1 p.m.:. Invacare Corp. fell 15.5 percent to $14.86. Demand Media Inc wi fell 14.0 percent to $11.20.
Comcast Corp. rose$. 39 or. 7 percent, to $55.10. Walt Disney Co. rose$. 73 or. 8 percent, to $86.77. Gannett rose$. 24 or. 7 percent, to $33.40.
NEW YORK— Shares of some top drug benefits companies are up at 1 p.m.:. CVSCaremark rose$. 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.
In a somewhat tense exchange at a congressional hearing, SEC Corporation Finance Director Keith Higgins and Massachusetts Democrat Stephen Lynch went back and forth over the issue, with Higgins saying the SEC does not use waiver denials to punish wrongdoers. "The SEC needs to ensure that the American people are protected from egregious conduct...
NEW YORK— More teen girls are getting a controversial cervical cancer vaccine but the increase isn't much of a bump, the government reported Thursday. Last year's rise follows a couple of years when the girls' HPV vaccination rate was flat and health officials worried that it wouldn't budge. Anne Schuchat of the Centers for Disease Control and Prevention.
WASHINGTON— Morgan Stanley has agreed to pay $275 million to settle U.S. civil charges that it misled investors about risky mortgage bonds it sold ahead of the 2008 financial crisis. The SEC said Morgan Stanley failed to accurately disclose the delinquency status of home mortgages backing two securities deals that it financed and sold in 2007..
*U.S. stocks edge up along with MSCI world index. "The lower-than-expected U.S. initial jobless claims has made people focus on the improving labor market situation," said Ian Lyngen, senior government bond strategist, at CRT Capital in Stamford, Connecticut.
*Hamas sticks to demand embargo on enclave be lifted. The Israeli military said its troops were fighting gunmen from Hamas, which runs Gaza, in the area and that it was investigating the incident.
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.
NEW YORK— The Nasdaq OMX Group Inc. on Thursday reported earnings that increased by 15 percent in its second quarter, and topped analysts' expectations. The New York- based company said profit increased to $101 million, or 59 cents per share, from $88 million, or 52 cents per share, in the same quarter a year earlier.