GO
Loading...

New York

More

  • TREASURIES-Prices stabilize on month-end demand Thursday, 31 Jul 2014 | 2:59 PM ET

    *Yield curve steepens from five-year lows. NEW YORK, July 31- Most U.S. "There is some month-end buying, both here and in Europe," said Dan Mulholland, managing director in Treasuries trading at BNY Mellon in New York.

  • NEW YORK, July 31- Global equity markets tumbled on Thursday, hurt by ongoing tensions with Russia and Argentina's second default in 12 years, while the dollar edged higher against a basket of major currencies. "It's getting pretty ugly," said Peter Kenny, chief market strategist at Clearpool Group in New York.

  • PARIS/ NEW YORK, July 31- French telecoms company Iliad has made a surprise offer for T-Mobile US Inc, setting up a potential bidding war with rival suitor Sprint Corp, the U.S. mobile firm now controlled by Japan's Softbank.

  • PPL proposes 725-mile power line network in Pa. Thursday, 31 Jul 2014 | 1:46 PM ET

    HARRISBURG, Pa.— PPL Corp. wants to spend billions of dollars to build a 725- mile system of electric transmission lines that will bring energy from the booming Marcellus Shale natural gas fields to customers on the heavily populated eastern seaboard.

  • BUENOS AIRES, July 31- Argentina's main government bond, stock market and peso currency dropped on Thursday after Latin America's No. 3 economy defaulted for the second time in 12 years following the failure of last-ditch talks with holdout creditors.

  • Midday Glance: Autos companies Thursday, 31 Jul 2014 | 1:33 PM ET

    Ford Motor Co. fell$. 36 or 2.0 percent, to $17.11. General Motors Co. fell$. 40 or 1.2 percent, to $33.91. Honda Motor Co. fell$. 70 or 2.0 percent, to $35.14.

  • Midday Glance: Construction companies Thursday, 31 Jul 2014 | 1:33 PM ET

    NEW YORK— Shares of some top construction companies are down at 1 p.m.:. Foster Wheeler fell$. 30 or. 9 percent, to $33.10. Quanta Services Inc. fell $1.08 or 3.1 percent, to $33.89.

  • Midday Glance: Chemicals companies Thursday, 31 Jul 2014 | 1:33 PM ET

    NEW YORK— Shares of some top chemicals companies are down at 1 p.m.:. Dow Chemical Co. fell $1.05 or 2.0 percent, to $51.43. DuPont Co. fell$. 91 or 1.4 percent, to $64.48.

  • NEW YORK, July 31- Microsoft Corp must turn over a customer's emails and other account information stored in a data center in Ireland to the U.S. government, a judge ruled on Thursday, in a case that has drawn concern from privacy groups and major technology companies.

  • *OPEC oil output rises in July from June- Reuters survey. NEW YORK, July 31- U.S. crude oil tumbled to a more than four-month low under $100 a barrel on Thursday on news of a potentially lengthy shutdown at a key oil refinery in Kansas, while Brent also slipped amid signs of robust OPEC oil production.

  • HOUSTON, July 31- U.S. oil and gas company Apache Corp, under pressure from activist investor Jana Partners, said on Thursday it plans to sell interests in two liquefied natural gas projects as it sharpens the focus on developing North American shale fields.

  • NEW YORK, July 31- Microsoft Corp must turn over a customer's emails and other account information stored in a data center in Ireland to the U.S. government, a U.S. judge ruled on Thursday, in a case that has drawn concern from privacy groups and major technology companies.

  • NY judge: US warrant can reach email in Ireland Thursday, 31 Jul 2014 | 12:49 PM ET

    NEW YORK— U.S. law enforcement can force Microsoft Corp. to turn over emails it stores in Ireland, a judge ruled in a case that technology companies have rallied around as they pursue billions of dollars in data storage business abroad.

  • In San Francisco real estate, $1M won't buy much Thursday, 31 Jul 2014 | 12:48 PM ET

    SAN FRANCISCO— San Francisco Association of Realtors President Betty Taisch has two words of advice for anyone who wants to live here and thinks $1 million will buy them their dream house: think again.

  • DISTRICT JUDGE LORETTA PRESKA IN NEW YORK STAYS ORDER PENDING NOTICE OF APPEAL FROM MICROSOFT CORP.

  • NEW YORK, July 31- French telecoms operator Iliad SA has recently made a buyout approach for T-Mobile US Inc, according to a person familiar with the matter, a surprise bid that counters an existing takeover bid by Sprint Corp..

  • *Shares touch low of $22.60, below IPO price of $23. July 31- General Electric Co's credit card unit, Synchrony Financial, made a muted debut on the New York Stock Exchange on Thursday as investors remained ambivalent about the chances of a consumer-led U.S. economic recovery.

  • Iliad of France makes surprise bid for T-Mobile US Thursday, 31 Jul 2014 | 12:29 PM ET

    NEW YORK— T-Mobile US Inc., the most eligible company in the U.S. wireless industry, has another suitor on its hands. Iliad is much smaller than T-Mobile US, and it doesn't have the financial might to buy the whole company. It's offering $15 billion in cash for 57 percent of T-Mobile US, at $33 per share.

  • Steven Madden 2Q profit drops 3.3 percent Thursday, 31 Jul 2014 | 12:25 PM ET

    LONG ISLAND CITY, N.Y.— Steven Madden Ltd. on Thursday reported earnings that decreased by 3.3 percent in its second quarter, and missed analysts' expectations. The Long Island City, New York- based company said profit fell to $28 million, or 44 cents per share, from $29 million, or 43 cents per share, in the same quarter a year ago.

  • New Paris hotel joins race to pamper the super rich Thursday, 31 Jul 2014 | 12:19 PM ET

    *Hotel helps Paris compete against others luxury capitals. It is part of a battle to attract Asia's new class of super-rich that not only pits the world's top hotel groups against each other but also cities such as Paris, New York and London.