New York


  • Nasdaq stocks posting largest volume increases Friday, 19 Sep 2014 | 6:02 PM ET

    ChinaNet Online Holdings Inc.: Approximately 22,262,700 shares changed hands, a 13,377.4 percent increase over its 65- day average volume. The shares rose$. 94 or 92.2 percent to $1.96. The shares rose$. 05 or. 6 percent to $8.75.

  • Final Glance: Machinery companies Friday, 19 Sep 2014 | 6:02 PM ET

    Caterpillar fell $1.83 or 1.8 percent, to $102.51. Deere& Co. fell$. 51 or. 6 percent, to $83.64. Terex fell$. 18 or. 5 percent, to $32.85.

  • Final Glance: Telecom companies Friday, 19 Sep 2014 | 6:02 PM ET

    NEW YORK— Shares of some top telecom companies were up at the close of trading:. AT&T Inc. rose$. 31 or. 9 percent, to $35.47. Verizon Communications Inc. rose$. 66 or 1.3 percent, to $50.35.

  • NEW YORK/ SAN FRANCISCO, Sept 19- Apple Inc's latest phone lured throngs of gadget lovers, entrepreneurs and early adopters to its stores in New York, San Francisco and other cities around the world in the latest sign of strong initial demand for the new, larger generation of iPhones.

  • Business Highlights Friday, 19 Sep 2014 | 5:47 PM ET

    NEW YORK— Alibaba debuted as a publicly traded company Friday and swiftly climbed more than 40 percent in a mammoth IPO that offered eager investors seemingly unlimited potential for growth and a way to tap into the burgeoning Chinese middle class.

  • Moody's backs UK bond rating after Scotland vote Friday, 19 Sep 2014 | 5:30 PM ET

    NEW YORK— Moody's Investors Services maintained its rating on United Kingdom government-backed bonds Friday, a day after voters in Scotland decided against national independence.

  • NEW YORK, Sept 19- Alibaba Group Holding Ltd's shares soared 38 percent in their first day of trading on Friday as investors jumped at the chance for a piece of what is likely to rank as the largest IPO in history, in a massive bet on China's burgeoning middle class.

  • How the Dow Jones industrial average did Friday Friday, 19 Sep 2014 | 5:00 PM ET

    NEW YORK— U.S. stock indexes ended mixed on a day when the Chinese e-commerce giant Alibaba made its big debut on the New York Stock Exchange. The Standard& Poor's 500 index slipped less than a point on Friday but still finished with its best weekly gain in a month. The Dow Jones industrial average climbed 13.75 points, or 0.1 percent, to 17,279.74.

  • Fitch keeps 'AAA' rating on US credit Friday, 19 Sep 2014 | 4:57 PM ET

    NEW YORK— Fitch Ratings says that the U.S. still deserves its highest credit rating. Fitch on Friday affirmed its "AAA" rating on U.S. debt. The ratings agency said its outlook on the rating is stable, meaning it does not expect a downgrade in the near future.

  • Al Jazeera countersues Al Gore over $65 million Friday, 19 Sep 2014 | 4:50 PM ET

    Sept 19- Broadcaster Al Jazeera has gone to court to fight former U.S. vice president Al Gore over $65 million in an escrow account that each claims as part of the sale last year of Current TV to the Qatar- based media company.

  • Oracle and Concur are big market movers Friday, 19 Sep 2014 | 4:40 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:. Oracle Corp., down $1.75 to $39.80. Dresser-Rand Group Inc., up $6.88 to $79.91.

  • NEW YORK, Sept 19- Merrill Lynch summarily fired two veteran brokers from its elite Private Banking and Investment Group two weeks ago for guiding clients to invest in a hedge fund outside of the brokerage firm.

  • Caterpillar says machinery sales fell in August Friday, 19 Sep 2014 | 4:38 PM ET

    NEW YORK— Caterpillar said Friday that sales of its heavy machinery fell 10 percent in August on weaker results outside of North America. Caterpillar reported $13.39 billion in sales of machinery, energy and transportation equipment during the second quarter.

  • *Alibaba soars in debut, Yahoo falls. NEW YORK, Sept 19- U.S. stocks closed little changed on Friday after Alibaba's strong debut was offset by falling technology shares as Oracle and Yahoo stumbled, but the Dow managed to edge higher to set a record for a second straight session.

  • Frank Tamayo, 41, was the middleman in what prosecutors called a three-man scheme that generated $5.6 million in illegal profits over five years, based on tips about a dozen transactions being negotiated by a prestigious New York law firm. The defendant also agreed to forfeit more than $1 million, the contents of two brokerage accounts, and a 2008 Audi Q7.

  • NEW YORK, Sept 19- A U.S. appeals court on Friday dismissed an appeal by Citigroup Inc and Argentina of a judge's order blocking the bank from processing payments on $8.4 billion in bonds issued under the country's local laws following its 2002 default.

  • NEW YORK, Sept 19- Stock markets around the world closed flat on Friday as early gains failed to hold through the session, though the upward trend in equities continued and Alibaba soared in its historic U.S. trading debut. Alibaba Group, one of the biggest IPOs ever, ended up 38 percent at $93.89 on massive volume.

  • Stock indexes end mixed after Alibaba debuts Friday, 19 Sep 2014 | 4:12 PM ET

    NEW YORK— U.S. stock indexes are ending mixed on a day when the Chinese e-commerce giant Alibaba made its big debut in the market. Alibaba soared 38 percent on its first day of trading. The Chinese e-commerce giant rose $25.89 to close at $93.89.

  • NEW YORK, Sept 19- The asset with the greatest prowess of late has been the U.S. dollar, and if its rally continues, it threatens to eat into the earnings of multinational companies. We are now seeing a new uptrend develop, "said Adam Sarhan, founder and CEO of Sarhan Capital in New York.

  • NEW YORK, Sept 19- U.S. Treasury debt prices rose on Friday as traders took advantage of a recent rise in yields to do some bargain hunting following a week dominated by Federal Reserve policymakers and a failed referendum that could have broken up Britain.