Credit Suisse wants a hedge fund to return $1.5 million, but the fund's manager is missing, the New York Times reports.» Read More
BUFFALO, N.Y.— A settlement has been reached in the only case to go to trial following a 2009 plane crash into a home outside Buffalo that killed 50 people. The settlement was announced Thursday in state Supreme Court in Buffalo after more than a month of testimony. The wrongful death case was brought by the family of Douglas Wielinski against Continental Airlines,...
NEW YORK, Oct 30- Oil prices fell about 1 percent on Thursday, resuming their downtrend after a two-day climb, as the dollar surged on bets of a sooner-than-expected U.S. interest rate hike and traders appeared resigned that producer group OPEC won't do much to cut output next month. "We're back to the mantra that the U.S. economy will lead the way to higher rates from...
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...
NEW YORK— U.S. stock indexes are mostly higher as a parade of big companies turn in quarterly results. The Standard& Poor's 500 index rose five points to 1,987 as of noon Eastern time. Auto parts maker BorgWarner dropped 5' percent after reporting results that missed analysts' expectations.
NEW YORK, Oct 30- The U.S. Securities and Exchange Commission wants to make its $602 million settlement with SAC Capital Advisors hedge fund available to people who say they are victims of illicit trading by a former SAC portfolio manager, according to a lawyer representing them. District Judge Victor Marrero, who is presiding over the SEC's case, must still...
Autozone Inc. rose $2.86 or. 5 percent, to $552.90. Bed Bath& Beyond Inc. rose$. 37 or. 6 percent, to $66.23. Best Buy rose$. 64 or 2.0 percent, to $32.99.
Apple Inc s fell$. 46 or. 4 percent, to $106.88. Hewlett Packard Co. rose$. 03 or. 1 percent, to $35.41. International Business Machines Corp. fell$. 24 or. 1 percent, to $163.22.
NEW YORK— Shares of some top drugstore companies are mixed at 10 a.m.:. Rite Aid rose$. 18 or 3.3 percent, to $5.43. Walgreen fell$. 36 or. 6 percent, to $62.48.
NEW YORK— Shares of some top big-box retail companies are mixed at 10 a.m.:. Costco Wholesale Corp. rose$. 08 or. 1 percent, to $132.01. Wal-Mart Stores Inc. fell$. 10 or. 1 percent, to $76.29.
Comcast Corp. fell$. 55 or 1.0 percent, to $54.35. Walt Disney Co. fell$. 53 or. 6 percent, to $89.00. Gannett fell$. 79 or 2.5 percent, to $31.25.
Las Vegas Sands Corp. fell$. 34 or. 6 percent, to $60.66. MGM Resorts International fell$. 51 or 2.2 percent, to $22.38. Marriott International Inc. rose$. 04 or. 1 percent, to $74.07.
Allergan fell$. 49 or. 3 percent, to $186.28. Baxter International Inc. fell$. 49 or. 7 percent, to $69.92. Boston Scientific Corp. fell$. 07 or. 5 percent, to $13.07.
Ford Motor Co. fell$. 20 or 1.4 percent, to $13.71. General Motors Co. fell$. 15 or. 5 percent, to $30.57. Honda Motor Co. fell$. 31 or 1.0 percent, to $30.38.
Hecla Mining Co. fell$. 09 or 3.8 percent, to $2.24. Pan American Silver Corp. fell$. 37 or 3.6 percent, to $9.86. Silver Standard Resources Inc. fell$. 24 or 4.7 percent, to $4.98.
DR Horton fell$. 46 or 2.0 percent, to $22.46. Hovnanian Enterprises Inc. fell$. 03 or. 8 percent, to $3.76. Lennar Corp. fell$. 62 or 1.4 percent, to $42.80.
Boeing fell$. 58 or. 5 percent, to $122.50. Raytheon fell$. 11 or. 1 percent, to $101.55. Textron fell$. 11 or. 3 percent, to $40.55.
Baxter International Inc. fell$. 49 or. 7 percent, to $69.92. Bristol-Myers Squibb Co. rose $2.14 or 4.0 percent, to $56.30. Hospira fell$. 25 or. 5 percent, to $51.82.
Kohl's Corp. rose$. 29 or. 5 percent, to $54.73. Macy's Inc. rose$. 23 or. 4 percent, to $57.68. Nordstrom rose$. 36 or. 5 percent, to $71.74.
NEW YORK— Shares of some top chemicals companies are mixed at 10 a.m.:. Dow Chemical Co. fell$. 07 or. 1 percent, to $47.31. DuPont Co. rose$. 18 or. 3 percent, to $66.98.
Becton, Dickinson& Co. fell$. 02 or percent, to $126.75. Covidien plc fell$. 61 or. 7 percent, to $91.08. PerkinElmer fell$. 55 or 1.3 percent, to $42.07.