Clive McDonnell, Head of Equity Strategy at Standard Chartered Bank, says the Fed's primary focus remains on the U.S. economy.» Read More
WASHINGTON, March 13- Raising the retirement age and scrapping regressive taxes such as deducting the interest on mortgages can help richer governments address income inequality without straining their pocketbooks, IMF staff said in a paper on Thursday.
The Center for Food Safety said on Thursday that it believes the USDA may have succumbed to outside pressure, possibly from Monsanto Co., the developer of the genetic trait in the biotech alfalfa.
LOS ANGELES-- Herbalife Ltd. said Thursday that it has pushed back the date of its annual shareholder meeting by five days so it can continue talks with activist investor Carl Icahn about adding his nominees to its board.
BOSTON/ WASHINGTON, March 13- Target Corp's security software detected potentially malicious activity during last year's massive data breach, but its staff decided not to take immediate action, the No. 3. U.S. retailer said on Thursday.
NEW YORK, March 13- European buyout firm Charterhouse Capital Partners LLP is in advanced talks to acquire education software provider Skillsoft Ltd for more than $2 billion, people familiar with the matter said on Thursday.
March 13- Castlight Health Inc's initial public offering was priced at $16 per Class B share, slightly above the company's expected range, an underwriter told Reuters. Castlight Health raised about $178 million after it sold all 11.1 million shares offered.
HOUSTON, March 13- The U.S. government lifted a ban on Thursday that excluded BP from new federal contracts, after the British oil major filed a lawsuit saying it was being unfairly penalized for its 2010 Gulf of Mexico spill.
Caterpillar fell $1.21 or 1.2 percent, to $95.61. Deere& Co. fell$. 86 or 1.0 percent, to $87.98. Terex fell $1.24 or 2.9 percent, to $41.38.
American Electric Power Co. rose$. 41 or. 8 percent, to $49.91. Consolidated Edison Inc. Holding Co. fell$. 93 or 1.7 percent, to $53.69. Dominion Resources Inc. rose$. 52 or. 8 percent, to $69.50.
General Electric Co. fell$. 42 or 1.6 percent, to $25.34. Snap-On fell $1.78 or 1.6 percent, to $110.17. Whirlpool Corp. fell $2.36 or 1.6 percent, to $141.69.
Comcast Corp. fell$. 52 or 1.0 percent, to $50.46. Walt Disney Co. fell $1.45 or 1.8 percent, to $79.93. Gannett fell$. 66 or 2.3 percent, to $27.74.
Athens Bancshares: Approximately 21,400 shares changed hands, a 1,820.4 percent increase over its 65- day average volume. The shares rose$. 05 or. 2 percent to $20.25. First Savings Financial Group: Approximately 33,400 shares changed hands, a 1,592.1 percent increase over its 65- day average volume.
ConAgra Foods Inc. fell$. 35 or 1.2 percent, to $29.47. General Mills Inc. fell$. 34 or. 7 percent, to $51.01. Hormel Foods Corp. fell$. 45 or 1.0 percent, to $46.76.
BP PLC fell$. 62 or 1.3 percent, to $47.59. ConocoPhillips fell$. 22 or. 3 percent, to $66.32. Exxon Mobil Corp. fell$. 57 or. 6 percent, to $93.64.
Ameriana BanCorp: Approximately shares changed hands, a 99.7 decrease from its 65- day average volume. The shares rose$. 01 or. 1 percent to $9.78. Citizens First Corp.: Approximately shares changed hands, a 99.9 decrease from its 65- day average volume.
Barrick Gold Corp. rose$. 45 or 2.2 percent, to $20.79. Gold Fields rose$. 08 or 1.9 percent, to $4.28. Newmont Mining Corp. rose$. 47 or 1.9 percent, to $25.48.
Baxter International Inc. fell$. 65 or 1.0 percent, to $66.97. Bristol-Myers Squibb Co. fell $1.06 or 1.9 percent, to $54.18. Eli Lilly& Co. fell$. 86 or 1.5 percent, to $58.34.
NEW YORK-- A look at the 10 biggest volume gainers on New York Stock Exchange at the close of trading:. Ameresco Inc.: Approximately 828,300 shares changed hands, a 797.8 percent increase over its 65- day average volume. The shares fell $1.73 or 17.5 percent to $8.15.
Becton, Dickinson& Co. fell$. 28 or. 2 percent, to $115.19. Covidien fell$. 53 or. 7 percent, to $70.61. PerkinElmer fell$. 76 or 1.7 percent, to $44.61.
Canadian National Railway Co. fell$. 67 or 1.2 percent, to $56.56. Canadian Pacific Railway Ltd. fell $1.96 or 1.2 percent, to $154.87. Kansas City Southern fell $3.33 or 3.3 percent, to $97.91.