GO
Loading...

Enter multiple symbols separated by commas

New York City

More

  • NEW YORK, May 22- Actavis Plc cannot pull its top-selling Alzheimer's drug from the market in favor of a pricier extended-release version, a federal appeals court ruled on Friday. A three-judge panel at the 2nd U.S. Circuit Court of Appeals in New York upheld an order by U.S. District Robert Sweet in December requiring Actavis to keep the older drug, Namenda IR, on the...

  • Expedia sells stake in Chinese travel service Friday, 22 May 2015 | 10:44 AM ET

    NEW YORK— Expedia is selling its majority stake in eLong, a Chinese travel service, to a group of businesses based in China for roughly $671 million. Bellevue, Washington- based Expedia said before the U.S. markets opened that it had sold its 62.4 percent share in eLong to a group that includes Ctrip.com International Ltd., Keystone Lodgings Holdings Ltd., Plateno...

  • NEW YORK— U.S. stocks slipped in early trading Friday as energy companies fell along with the price of oil. OIL DROP: The price of oil fell 77 cents, or 1.3 percent, to $59.94 a barrel, helping push down drillers and other energy-related companies. Occidental Petroleum and Noble Corporation each fell 2 percent.

  • NEW YORK, May 22- The U.S. dollar turned higher on Friday, spurred off its early losses by a U.S. inflation report that indicated underlying pressures are building and thereby bolstering the case for the U.S. "Stronger inflation, along with stronger growth data, is something that the Fed certainly wants to see," said Brian Daingerfield, currency strategist at the...

  • US stocks open mostly lower; oil price slides Friday, 22 May 2015 | 9:41 AM ET

    Campbell Soup rose 2 percent after reporting earnings that came in ahead of what analysts were looking for. Occidental Petroleum and Noble Corporation each fell 2 percent. The price of oil fell $1.22, or 2 percent, to $59.48 a barrel.

  • NEW YORK— Authorities are investigating a suspicious package found on the lower level of New York City's Grand Central Terminal and have closed the area to the public. Metropolitan Transportation Authority spokesman Adam Lisberg says the package was discovered Friday morning shortly before 9 a.m. at the historic transit hub on the east side of Manhattan.

  • May 22- Packaged foods maker Campbell Soup Co reported a better-than-expected quarterly profit, helped by lower promotions, higher selling prices and cost cuts. Shares of the company, known for its soups, Pepperidge Farm cookies and Goldfish crackers, rose 1.5 percent in premarket trading on Friday. The company said margins grew in its global baking and...

  • May 22- Packaged foods maker Campbell Soup Co reported lower-than-expected quarterly sales, hurt by a strong dollar and "movements in retailer inventory levels" in its U.S. soups business. Retailer Target Corp informed packaged food makers, including Campbell, that it would spend less on promoting some of their products and instead promote fresher items, the...

  • May 22- Packaged foods maker Campbell Soup Co reported lower-than-expected quarterly sales and profit, hurt by a strong dollar and "movements in retailer inventory levels" in its U.S. soups business. Retailer Target Corp informed packaged food makers, including Campbell, that it would spend less on promoting some of their products and instead promote fresher...

  • NEW YORK— Wal-Mart, the nation's largest food retailer, is urging its thousands of U.S. suppliers to curb the use of antibiotics in farm animals and improve treatment of them. Experts say Wal-Mart is the first major retailer to take a stance to limit the use of the antibiotics. It comes after activists have reported animal abuse at farms supplying Wal-Mart and...

  • Ann Inc. tops 1Q profit forecasts Friday, 22 May 2015 | 8:01 AM ET

    NEW YORK _ Ann Inc. on Friday reported fiscal first-quarter profit of $13.6 million. For the current quarter ending in July, Ann Inc. said it expects revenue in the range of $660 million. Ann Inc. shares have increased 29 percent since the beginning of the year.

  • Campbell Soup's quarterly sales fall 3.6 pct Friday, 22 May 2015 | 7:26 AM ET

    May 22- Campbell Soup Co, the maker of Pepperidge Farm cookies and Goldfish crackers, reported a 3.6 percent fall in quarterly sales, hurt by a strong dollar and "retailer inventory movements" in its U.S. soup business. The net income attributable to the company fell slightly to $182 million in the third quarter ended May 3 from $184 million, a year earlier.

  • Foot Locker tops 1Q profit forecasts Friday, 22 May 2015 | 7:09 AM ET

    NEW YORK _ Foot Locker Inc. on Friday reported fiscal first-quarter earnings of $184 million. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.22 per share. Foot Locker shares have risen 14 percent since the beginning of the year.

  • Amtrak spokesman Marc Magliari told the Hamilton-Middletown Journal-News that it may make business sense to create a stop in Oxford, 25 miles north of Cincinnati. Miami University, which has more than 1,400 students from Illinois alone, has been working with the city to pursue the stop there. Amtrak's Cardinal Line currently runs from Chicago to New York City...

  • HONG KONG/ SINGAPORE, May 22- The blistering sell-off in Chinese solar firm Hanergy Thin Film Power Group this week burnt several index-tracking stock funds, exposing the flaws in some of these investment structures especially in volatile markets like China. China- focused equity ETF and index assets under management have grown more than three-fourths to...

  • SEOUL, South Korea— A South Korean court Friday suspended the prison term of the former Korean Air executive whose onboard "nut rage" tantrum delayed a flight last year, immediately ending her incarceration. Cho Hyun- ah, who is the daughter of the airline's chairman, did not violate aviation security law when she ordered the chief flight attendant off a Dec. 5 flight,...

  • CHICAGO and NEW YORK, May 22- As a virulent avian influenza outbreak continues to spread across the Midwestern United States, some egg-dependent companies are contemplating drastic steps: importing eggs from overseas or looking to egg alternatives. "Canada is short on eggs and has been buying heavily from the U.S. for the last several years," said Rick Brown, a...

  • NEW YORK/ LONDON, May 22- U.S. mining financier Oskar Lewnowski is preparing to launch a base and precious metals fund, sources say, his latest step in recreating the famed trading and investment enterprise he co-founded a decade ago, Red Kite. Two years after striking out on his own to create private equity investment firm Orion Resource Partners, the 50- year-old...

  • May 21- Charter Communications is in talks with Time Warner Cable about a bid that is likely to be well above the $170 per share expected by some analysts, the Wall Street Journal reported, citing people familiar with the matter. Charter had bid about $132.50 per share, or $37.3 billion, for Time Warner Cable last year before being beaten by Comcast Corp, whose...

  • SKorea court suspends nut rage executive's prison term Thursday, 21 May 2015 | 10:23 PM ET

    SEOUL, South Korea— A South Korean court Friday suspended the prison term of the former Korean Air executive whose onboard "nut rage" tantrum delayed a flight last year, immediately ending her incarceration. Cho Hyun- ah, who is the daughter of the airline's chairman, did not violate aviation security law when she ordered the chief flight attendant off a Dec. 5 flight,...