This Buffett-backed executive isn’t getting any special treatment from Mad Money host Jim Cramer» Read More
SANTA BARBARA, Calif.— A physics institute at the University of California, Santa Barbara, has received a $65 million donation— the largest single gift in the university's history. The Los Angeles Times reports Thursday that the donation by Charlie Munger, the vice chairman of Berkshire Hathaway, will fund a new visitor housing facility for the Kavli Institute...
NEW YORK, Oct 30- The failed MF Global Holdings Ltd and its broker-dealer unit have agreed to settle class action lawsuits accusing them of manipulating platinum and palladium prices. The proposed settlements, disclosed in court papers filed late Wednesday in Manhattan federal court, call for plaintiffs to receive nearly $21.1 million in allowed claims...
DETROIT, Oct 30- U.S. auto safety regulators on Thursday ordered Japanese supplier Takata Corp to provide documents and answer questions under oath related to the government's ongoing probe of potentially defective Takata air bags in millions of U.S. vehicles. Takata spokesman Alby Berman on Thursday said the company "is cooperating fully with NHTSA and is...
TORONTO, Oct 30- Bombardier Inc reported quarterly earnings that topped expectations on Thursday and said it had put plans for a plane-building joint venture in Russia on hold due to political and economic conditions there, potentially jeopardizing a large Russian order. The Canadian plane and train maker had been in talks with state-owned industrial and...
DETROIT— U.S. safety regulators are now playing hardball with Takata Corp. as they investigate a possibly deadly defect in some of the Japanese company's air bags. Regulators are ordering Takata to provide reams of information about air bags that can explode with too much force, blowing apart canisters and sending metal shards into drivers and passengers.
TORONTO, Oct 30- Vice Media, a maker of edgy videos popular with younger viewers, has teamed up with Rogers Communications Inc to build a studio in Toronto to produce news, documentaries and other content with Canadian filmmakers. The C $100 million deal announced by the companies on Thursday includes plans for a Vice TV network across Canada.
WASHINGTON, Oct 30- Around a third of the economists at the Federal Reserve's Washington headquarters are women, a figure in line with women's representation in the profession nationally, according to a Reuters analysis of Fed employee data. She said promoting diversity among the 300 economists at the Fed's Washington- based board and the 400 economists at its...
Bank of America Corp. rose$. 03 or. 2 percent, to $17.02. Citigroup Inc. rose$. 34 or. 6 percent, to $52.98. Goldman Sachs rose$. 17 or. 1 percent, to $186.25.
NEW YORK— A look at the 10 biggest percentage gainers on New York Stock Exchange at 1 p.m.:. Calix Inc. rose 25.0 percent to $11.05. MPLX LP rose 13.2 percent to $68.18.
Las Vegas Sands Corp. rose$. 57 or. 9 percent, to $61.57. MGM Resorts International rose$. 36 or 1.6 percent, to $23.25. Marriott International Inc. rose $1.40 or 1.9 percent, to $75.43.
Boeing rose$. 47 or. 4 percent, to $123.55. Lockheed Martin Corp. rose $1.43 or. 8 percent, to $187.86. Northrop Grumman Corp. rose $1.16 or. 9 percent, to $136.82.
NEW YORK— Shares of some top drugstore companies are mixed at 1 p.m.:. Rite Aid fell$. 01 or. 2 percent, to $5.24. Walgreen fell$. 16 or. 3 percent, to $62.67.
eBay rose$. 47 or. 9 percent, to $51.80. Groupon Inc. fell$. 03 or. 4 percent, to $5.77. LinkedIn Corp. fell$. 40 or. 2 percent, to $199.11.
Cigna Corp. rose $2.95 or 3.1 percent, to $96.95. Humana Inc. rose $2.47 or 1.8 percent, to $137.42. UnitedHealth Group rose$. 60 or. 6 percent, to $93.56.
Coca-Cola Co. rose$. 45 or 1.1 percent, to $41.41. Dr Pepper Snapple rose $1.06 or 1.6 percent, to $68.78. Molson Coors Brewing Co. rose$. 33 or. 5 percent, to $73.23.
Delta Air fell$. 39 or 1.0 percent, to $39.19. JetBlue Airways Corp. fell$. 06 or. 5 percent, to $11.49. Southwest Airlines Co. rose$. 09 or. 3 percent, to $34.22.
Kohl's Corp. rose$. 48 or. 9 percent, to $54.92. Macy's Inc. rose$. 73 or 1.3 percent, to $58.18. Nordstrom rose$. 54 or. 8 percent, to $71.92.
Apple Inc s fell$. 30 or. 3 percent, to $107.04. Hewlett Packard Co. fell$. 03 or. 1 percent, to $35.35. International Business Machines Corp. rose$. 44 or. 3 percent, to $163.90.
Broadwind Energy Inc. fell 19.7 percent to $6.39. Parexel International Corp. fell 16.6 percent to $53.04. Accuray Inc. fell 15.9 percent to $6.10.
NEW YORK— Shares of some top chemicals companies are up at 1 p.m.:. Dow Chemical Co. rose$. 73 or 1.5 percent, to $48.11. DuPont Co. rose$. 52 or. 8 percent, to $67.32.