New York


  • -Lipper@ NEW YORK, Dec 26- Investors in U.S.-based funds poured $36.5 billion into stock funds in the latest weekly period, marking the biggest inflows on record as U.S. stocks surged to record highs, data from Thomson Reuters' Lipper service showed on Friday. The massive cash commitments for the week ended Dec. 24 were the biggest since Lipper's records began in...

  • Dec 26- A bankruptcy court has allowed defunct video streaming company Aereo Inc to auction its TV streaming technology assets, according to court papers published on Friday. These broadcasters include CBS Corp, Comcast Corp's NBC, Walt Disney Co's ABC and Twenty-First Century Fox Inc's Fox. The case is In re: Aereo Inc, U.S. Bankruptcy Court, Southern District of...

  • Yamana Gold and Ocwen are big market movers Friday, 26 Dec 2014 | 4:24 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:. Barrick Gold Corp., up 27 cents to $10.58. Freeport-McMoRan Inc., up 60 cents to $23.51.

  • Slight gains for stocks in quiet post-holiday day Friday, 26 Dec 2014 | 4:11 PM ET

    U.S. stocks are posting modest gains after a quiet, post-holiday day of trading. Celgene rose 3.4 percent, the most in the S&P 500 index. Benchmark U.S. crude oil fell $1.11 to close at $54.73 a barrel in New York.

  • Holiday deliveries improve but hiccups continue Friday, 26 Dec 2014 | 3:08 PM ET

    After FedEx and UPS failed to deliver some presents in time for Christmas last year, the two package carriers improved their performance this holiday season. FedEx delivered more than 99 percent of express packages as promised on Dec. 22 and Dec. 23, according to shipment tracker ShipMatrix. The improved performance comes after delays by FedEx and UPS last year...

  • Tesla plans to demonstrate the higher range with a drive from San Francisco to Los Angeles— about a 400- mile trip— early next year. Tesla Motors Inc. CEO Elon Musk tweeted about the upgrade Thursday and Tesla posted more details on its website Friday. The larger battery has a range of 265 miles, according to EPA testing.

  • NEW YORK, Dec 26- The dollar rose against the yen and euro on Friday in scant volume, with many major markets still closed after the Christmas holiday. There's going to be a dip-buying mentality "said Rob Zukowski, senior technical analyst at 4 Cast Ltd. based in New York. Data on Tuesday that showed the U.S. economy growing at its fastest quarterly pace in 11 years...

  • *Gold on track for flat week, yearly drop. NEW YORK/ LONDON, Dec 26- Gold rose the most in 2-1/ 2 weeks on Friday in thin post-Christmas trading, boosted by short-covering after China's central bank was reported to be considering a loosening of liquidity requirements at the country's banks. Gold prices were buoyed throughout the day by news reports that China, the...

  • NEW YORK, Dec 26- Oil prices fell Friday, tumbling as the dollar strengthened and a supply glut in top consumer the United States trumped worries about falling production from Libya. The market had come under pressure from Wednesday's Energy Department report, which showed a 7.3 million-barrel rise in crude inventories to their highest December level on...

  • NEW YORK— The U.S. Department of Labor is investigating how RadioShack manages its retirement plan for employees, according to a regulatory filing. The Fort Worth, Texas, company is the target of at least three related lawsuits and said that it has provided documents at the Labor Department's request. RadioShack Corp. has struggled to compete as online...

  • Midday Glance: Restaurant companies Friday, 26 Dec 2014 | 1:20 PM ET

    Brinker International Inc. rose$. 05 or. 1 percent, to $58.79. Chipotle Mexican Grill Inc. rose $2.06 or. 3 percent, to $674.85. Darden Restaurants Inc. rose$. 11 or. 2 percent, to $58.53.

  • Midday Glance: Staffing companies Friday, 26 Dec 2014 | 1:20 PM ET

    Kelly Services Inc. class A fell$. 16 or. 9 percent, to $17.22. Korn/Ferry International Inc. fell$. 03 or. 1 percent, to $29.38. ManpowerGroup rose$. 10 or. 1 percent, to $69.51.

  • Midday Glance: Homebuilders companies Friday, 26 Dec 2014 | 1:20 PM ET

    DR Horton rose$. 10 or. 4 percent, to $24.90. Lennar Corp. rose$. 42 or 1.0 percent, to $43.79. Pulte Homes Inc. rose$. 09 or. 4 percent, to $21.05.

  • Midday Glance: Credit Card companies Friday, 26 Dec 2014 | 1:20 PM ET

    American Express Co. rose$. 58 or. 6 percent, to $94.66. Capital One Financial Corp. rose$. 28 or. 3 percent, to $83.51. Discover Financial Services rose$. 56 or. 8 percent, to $66.51.

  • Midday Glance: Supermarkets companies Friday, 26 Dec 2014 | 1:20 PM ET

    Kroger rose$. 33 or. 5 percent, to $64.38. Safeway rose$. 02 or. 1 percent, to $35.08. Supervalu rose$. 06 or. 6 percent, to $9.77.

  • Nasdaq stocks posting largest percentage increases Friday, 26 Dec 2014 | 1:20 PM ET

    Cytosorbents Corp. rose 13.9 percent to $10.65. ExOne Co. rose 11.4 percent to $17.06. Planar Systems Inc. rose 10.1 percent to $7.75.

  • Midday Glance: Drugstore companies Friday, 26 Dec 2014 | 1:20 PM ET

    NEW YORK— Shares of some top drugstore companies are mixed at 1 p.m.:. Rite Aid rose$. 20 or 2.8 percent, to $7.46. Walgreen fell$. 02 or percent, to $76.65.

  • Midday Glance: Utilities companies Friday, 26 Dec 2014 | 1:20 PM ET

    American Electric Power Co. rose$. 85 or 1.4 percent, to $62.16. Consolidated Edison Inc. Holding Co. rose$. 82 or 1.2 percent, to $67.73. Dominion Resources Inc. rose $1.07 or 1.4 percent, to $79.45.

  • Midday Glance: Telecom companies Friday, 26 Dec 2014 | 1:20 PM ET

    NEW YORK— Shares of some top telecom companies are up at 1 p.m.:. AT&T Inc. rose$. 17 or. 5 percent, to $34.13. Verizon Communications Inc. rose$. 20 or. 4 percent, to $47.87.

  • Midday Glance: Leisure companies Friday, 26 Dec 2014 | 1:20 PM ET

    Las Vegas Sands Corp. rose$. 31 or. 5 percent, to $58.30. MGM Resorts International rose$. 09 or. 4 percent, to $21.06. Marriott International Inc. rose$. 42 or. 5 percent, to $78.77.