New York City


  • 'Homebrew' email servers: Genius as well as sneaky? Friday, 6 Mar 2015 | 3:08 AM ET

    It also appeals to those who fear the government is sniffing around and could compel companies like Google or Yahoo to release customer data. "It's not trivial to do it, but if you understand how all this works, you can certainly do it yourself," said Carole Fennelly, a New York City- area information security consultant who once operated her own mail server and has set...

  • NEW YORK— The rough landing of a Delta jetliner at LaGuardia Airport in a driving snowstorm just minutes after the runway had been plowed has raised questions about when airports should close runways due to snow or ice. Instead, the Federal Aviation Administration requires airports to measure runways during winter storms to assure planes can safely brake: A...

  • NEW YORK, March 6- U.S. consumers battered by the wretched winter weather still afflicting much of the eastern half of the country have responded by ordering in rather than eating out, flying more frequently to Florida and cutting out trips to the mall, according to a Reuters review of company data. While the relentless weather has dented traffic and sales for...

  • SAN FRANCISCO/ NEW YORK, March 6- Avago Technologies Ltd may be one of the pacesetters among companies looking to make a purchase in the semiconductor industry after its advanced talks last month to acquire Freescale Semiconductor Ltd fell through. Demand for cheaper chips and new products to power Internet-connected gadgets is expected to drive chip...

  • NEW YORK, March 6- Asked last week about his agenda if elected, presumptive Republican presidential candidate Scott Walker began: "Should I choose to be a candidate..." Like the other would-be Republican candidates who took the stage over three days in Washington at the Conservative Political Action Conference, the Wisconsin governor studiously avoided...

  • *U.S. nonfarm payrolls forecast rising 240,000 in February. WASHINGTON, March 6- U.S. employment likely rose strongly in February with the jobless rate slipping, signs that could encourage the Federal Reserve to consider hiking interest rates in June. "The jobs picture remains extraordinary healthy," said Jacob Oubina, an economist at RBC Capital Markets in New...

  • SAO PAULO, March 5- U.S. investment firm Huxley Capital Corp filed a lawsuit on Thursday in a New York court against Brazilian construction group OAS SA, alleging the debt-laden company is hiding assets from creditors at two valuable subsidiaries. The defendants in the lawsuit, filed in Manhattan federal court, are OAS and subsidiaries Construtora OAS SA, OAS...

  • Ladder Capital misses 4Q profit forecasts Thursday, 5 Mar 2015 | 7:12 PM ET

    NEW YORK _ Ladder Capital Corp. on Thursday reported fourth-quarter net income of $4.4 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 34 cents per share. Ladder Capital shares have decreased slightly more than 3 percent since the beginning of the year.

  • NEW YORK— Elaine Wynn confirmed Thursday that she will seek another term on the board of directors of Wynn Resorts, which said it wouldn't nominate her for re-election. Wynn, who has been on the board of directors since 2002, said she has four decades of experience in the casino and hospitality industries and a deep knowledge of Wynn Resorts.

  • StoneCastle posts 4Q profit Thursday, 5 Mar 2015 | 6:36 PM ET

    NEW YORK _ StoneCastle Financial Corp. on Thursday reported net income of $2.1 million in its fourth quarter. On a per-share basis, the New York- based company said it had profit of 39 cents. Keywords: StoneCastle Financial, Earnings Report.

  • BOSTON, March 5- Hedge fund manager Patrick McCormack, a protégé of industry pioneer Julian Robertson, is shutting down his roughly $1.4 billion Tiger Consumer Management, according to a letter sent to investors. Bloomberg first reported the news. Running a hedge fund "takes a lot out of a person," said Don Steinbrugge, an industry consultant at Agecroft Partners.

  • Final Glance: Homebuilders companies Thursday, 5 Mar 2015 | 6:03 PM ET

    DR Horton rose$. 15 or. 6 percent, to $27.02. Hovnanian Enterprises Inc. fell$. 03 or. 8 percent, to $3.68. Lennar Corp. rose$. 07 or. 1 percent, to $50.12.

  • Final Glance: Internet companies Thursday, 5 Mar 2015 | 6:03 PM ET

    eBay rose$. 77 or 1.3 percent, to $59.08. Google Inc class A rose $3.11 or. 5 percent, to $581.44. LinkedIn Corp. rose $3.11 or 1.2 percent, to $268.34.

  • Final Glance: Big-box Retail companies Thursday, 5 Mar 2015 | 6:03 PM ET

    Costco Wholesale Corp. rose $4.00 or 2.7 percent, to $151.17. Target rose$. 48 or. 6 percent, to $78.20. Wal-Mart Stores Inc. rose$. 99 or 1.2 percent, to $83.57.

  • Final Glance: Silver companies Thursday, 5 Mar 2015 | 6:03 PM ET

    Hecla Mining Co. rose$. 04 or 1.2 percent, to $3.31. Pan American Silver Corp. rose$. 01 or. 1 percent, to $9.45. Silver Standard Resources Inc. fell$. 10 or 2.0 percent, to $4.68.

  • Final Glance: Drugstore companies Thursday, 5 Mar 2015 | 6:03 PM ET

    CVS Health Corp. rose$. 28 or. 3 percent, to $103.36. Rite Aid fell$. 37 or 4.6 percent, to $7.68. Walgreen Boots Alliance Inc. rose$. 18 or. 2 percent, to $83.20.

  • Final Glance: Media companies Thursday, 5 Mar 2015 | 6:03 PM ET

    Comcast Corp. fell$. 11 or. 2 percent, to $60.33. Walt Disney Co. fell$. 54 or. 5 percent, to $105.03. New York Times Co. fell$. 11 or. 8 percent, to $13.53.

  • Final Glance: Aerospace companies Thursday, 5 Mar 2015 | 6:03 PM ET

    Lockheed Martin Corp. rose$. 13 or. 1 percent, to $199.10. Northrop Grumman Corp. fell$. 65 or. 4 percent, to $163.28. Raytheon rose$. 20 or. 2 percent, to $106.97.

  • Final Glance: Pharmaceuticals companies Thursday, 5 Mar 2015 | 6:03 PM ET

    Baxter International Inc. fell$. 04 or. 1 percent, to $69.21. Bristol-Myers Squibb Co. rose$. 38 or. 6 percent, to $66.05. Eli Lilly& Co. fell$. 06 or. 1 percent, to $70.59.

  • Final Glance: Credit Card companies Thursday, 5 Mar 2015 | 6:03 PM ET

    American Express Co. rose$. 52 or. 6 percent, to $81.15. Capital One Financial Corp. rose$. 24 or. 3 percent, to $78.89. Discover Financial Services fell$. 21 or. 4 percent, to $59.10.