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St. Patrick's Day falls on a weekend for the second year in a row, giving Irish bars an opportunity to reel in more customers.
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NEW YORK, April 5- The stock market's robust rally was slowing even before Friday's jobs report, but the red flag sent up by the weak payrolls data makes the path to more gains less secure.
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April 5- U.S. securities arbitrators ordered a former employee of Merrill Lynch, Deutsche Bank and Oppenheimer& Co to pay nearly $11 million to an investor who alleged the broker misrepresented securities and made excessive trades.
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*Dollar on track to rise toward 100- yen mark. NEW YORK, April 5- The U.S. dollar weakened against most major currencies on Friday, dropping to a two-week low against the euro, as worse-than-expected jobs data raised concerns that the pace of recovery in the American labor market has slowed.
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*About 80 percent of stocks on NYSE, Nasdaq in red. *F5 Networks plunges after weak outlook, weighs on peers. NEW YORK, April 5- The S&P 500 was on track for its worst weekly performance of the year on Friday after weaker-than-expected U.S. jobs data added to worries the U.S. economy could be losing momentum.
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Speaking bluntly, Ackman, who sits on the JC Penney board and whose $12 billion Pershing Square Capital Management is the company's largest shareholder, said big mistakes have been made remaking the 110 year-old retail brand.
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April 5- Yankee Candle Co Inc has attracted offers from several private equity firms in a sale process that could value the largest scented candle maker in the United States at about $2 billion, people familiar with the matter said. Madison Dearborn Partners LLC, another buyout firm, acquired Yankee Candle in 2006 for $1.6 billion.
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NEW YORK-- New York City's mayor met Thursday with the parents of a Chicago girl killed just days after performing at President Barack Obama's inaugural festivities, then suggested that places interested in reducing gun violence might want to emulate the Big Apple, where studies have found teenagers are less likely to carry weapons than in any other major U.S. city.
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*Dollar on track to rise toward 100- yen mark. NEW YORK, April 5- The U.S. dollar weakened against most major currencies on Friday, hitting nearly two-week lows against the euro, as weaker-than-expected jobs data raised concerns that the pace of recovery in the American labor market has slowed.
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Speaking bluntly, Ackman, who sits on the JC Penney board and whose $12 billion Pershing Square Capital Management is the company's largest shareholder, said big mistakes have been made remaking the 110 year-old retail brand.
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BOSTON-- Massachusetts reports March collections were up more than 4.8 percent compared with last year. Revenue Commissioner Amy Pitter said Wednesday preliminary revenue collections came in $87 million higher than last March. That's $587 million, or 4 percent, more than a year ago and $363 million above the estimate for this point.
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CHICAGO, April 3- BBQ fans, brace yourselves: "Pork butt" will soon be a thing of the past. The revised nomenclature emerged after two years of consumer research, which found that the labels on packages of fresh cuts of pork and beef are confusing to shoppers, said Patrick Fleming, director of retail marketing for trade group National Pork Board.
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*Healthcare stocks rally, Humana is S&P's top gainer. Humana, which derives about two-thirds of its revenue from Medicare Advantage business, rose 7 percent to $80.11. UnitedHealth Group rose 6.2 percent to $62.67, and Cigna Corp was up 4.1 percent to $65.49.
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*Boeing: completed over half of tests for battery system. TOKYO, April 2- All Nippon Airways, the biggest customer for Boeing Co's grounded 787 Dreamliner, will put its pilots through training to resume flights in June, sources told Reuters, after Boeing completed more than half of its tests to get its new battery system certified.
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*Healthcare stocks rally, Humana is S&P's top gainer. Humana, which derives about two-thirds of its revenue from Medicare Advantage business, rose 7 percent to $80.11. UnitedHealth Group rose 6.2 percent to $62.67, and Cigna Corp was up 4.1 percent to $65.49.
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BOSTON, April 1- Portfolio manager Will Danoff, whose $92 billion Fidelity Contrafund is the largest active shareholder in Apple Inc, cut the fund's stake in the iPhone maker 10 percent during the first two months of 2013..
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BOSTON-- Massachusetts regulators have approved new requirements that state utilities seek more electricity from renewable sources. The new provisions approved Friday by the Department of Public Utilities require utilities to solicit bids for long-term clean energy contracts at least twice by the end of 2016..
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The two strongest equity sectors that have fueled the S&P 500's recovery are consumer staples and consumer discretionary stocks.
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NEW YORK, March 28- U.S. institutional investors recommended reducing stocks holdings and increasing bond allocations in March even as the Dow Jones industrial average passed an all-time high, judging risks to this year's bullish run have grown. The U.S. economy, however, is showing signs of steady improvement at a time when Europe and Japan are struggling.
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*Financial shares drag on Cyprus worries. NEW YORK, March 27- U.S. stocks rebounded from early declines to close little changed on Wednesday, but investors were still worried about the chance of a run on Cypriot banks and its possible implications for other euro-zone lenders.
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BOSTON-- Medical claims costs are expected to soar in many states under President Barack Obama's health care overhaul.
