Fuzipop is a new small business that has been holding monthly dance parties for kids under 12 around New York City, complete with young DJs.» Read More
April 16- Bank of America Corp's financial crisis hangover is lasting longer than expected, leading some investors to wonder if the massive litigation expenses being incurred have become a recurring cost of doing business instead of being dismissed as one-time items.
April 16- Fiat Chrysler Automobiles will announce an agreement by the end of April to allow production of Jeep models in China, the head of the Jeep brand, Mike Manley, said on Wednesday.
*First-quarter revenue falls 4 pct to $22.5 bln. April 16- IBM Corp reported its lowest quarterly revenue in five years on Wednesday as the company struggles with falling demand for its storage and server products. Total revenue fell 4 percent to $22.5 billion in the first quarter, below analysts' average estimate of $22.91 billion.
Why high oil prices are actually good for airlines. NEW YORK— Airline executives frequently complain about fuel costs, but higher prices actually have been good for business. The average cost of a roundtrip domestic ticket grew to $378.62 from $351.48 in the last five years, when adjusted for inflation.
NEW YORK— Online dating service Zoosk is filing for an initial public offering worth as much as $100 million. The San Francisco company wants to list its shares on the New York Stock Exchange under the symbol "ZSK." Zoosk lost $20.7 million in 2012 and pared its deficit to $2.6 million in 2013, while its revenue grew 63 percent to $178.2 million.
April 16- The New York attorney general is probing more than half a dozen high-speed trading firms, a person familiar with the matter said on Wednesday, as part of his wide-ranging probe into alleged unfair technology advantages on Wall Street.
Becton, Dickinson& Co. fell$. 83 or. 7 percent, to $112.93. Covidien fell$. 06 or. 1 percent, to $69.84. PerkinElmer rose$. 16 or. 4 percent, to $44.19.
Autozone Inc. rose $2.44 or. 5 percent, to $522.14. Bed Bath& Beyond Inc. rose$. 25 or. 4 percent, to $64.54. Best Buy fell$. 53 or 2.1 percent, to $24.47.
Fluor rose $1.48 or 2.0 percent, to $77.32. Foster Wheeler rose$. 27 or. 8 percent, to $33.50. Quanta Services Inc. rose$. 51 or 1.4 percent, to $35.83.
Bank of America Corp. fell$. 26 or 1.6 percent, to $16.13. Citigroup Inc. fell$. 13 or. 3 percent, to $48.18. Goldman Sachs rose $2.30 or 1.5 percent, to $157.22.
Ford Motor Co. rose$. 23 or 1.5 percent, to $16.07. General Motors Co. rose$. 61 or 1.8 percent, to $33.97. Honda Motor Co. rose$. 48 or 1.4 percent, to $34.56.
Barrick Gold Corp. fell$. 22 or 1.2 percent, to $18.32. Gold Fields rose$. 03 or. 7 percent, to $4.06. Newmont Mining Corp. fell$. 09 or. 4 percent, to $23.75.
Delta Air rose $1.71 or 5.4 percent, to $33.62. JetBlue Airways Corp. rose$. 49 or 5.9 percent, to $8.80. Southwest Airlines Co. rose$. 64 or 2.8 percent, to $23.54.
Birner Dental Management Services Inc.: Approximately shares changed hands, a 98.2 decrease from its 65- day average volume. The shares fell$. 06 or. 6 percent to $9.87. First South BanCorp. Inc.: Approximately shares changed hands, a 99.9 decrease from its 65- day average volume.
DR Horton rose$. 18 or. 8 percent, to $21.86. Hovnanian Enterprises Inc. fell$. 02 or. 4 percent, to $4.48. Lennar Corp. fell$. 02 or. 1 percent, to $38.77.
Canadian National Railway Co. rose$. 86 or 1.6 percent, to $56.32. Canadian Pacific Railway Ltd. rose $1.97 or 1.4 percent, to $147.26. Kansas City Southern rose $2.28 or 2.3 percent, to $101.44.
Aflac Inc. rose$. 98 or 1.6 percent, to $62.61. American International Group rose$. 55 or 1.1 percent, to $50.39. MBIA fell$. 12 or 1.0 percent, to $12.14.
Coca-Cola Co. rose$. 41 or 1.0 percent, to $40.59. Dr Pepper Snapple rose$. 72 or 1.4 percent, to $52.40. Molson Coors Brewing Co. rose $1.26 or 2.2 percent, to $58.53.
Baldwin& Lyons Inc.: Approximately 8,800 shares changed hands, a 1,695.0 percent increase over its 65- day average volume. The shares rose$. 29 or 1.2 percent to $24.00. Citizens Holding Co.: Approximately 15,400 shares changed hands, a 751.1 percent increase over its 65- day average volume.
Amgen Inc. rose$. 54 or. 5 percent, to $115.54. Biogen Idec rose $5.99 or 2.1 percent, to $291.48. Celgene Corp. rose $2.02 or 1.4 percent, to $141.86.