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  • Final Glance: Big-box Retail companies Thursday, 18 Dec 2014 | 8:08 PM ET

    Costco Wholesale Corp. rose $2.23 or 1.6 percent, to $141.56. Target rose $1.07 or 1.5 percent, to $74.64. Wal-Mart Stores Inc. rose $1.71 or 2.0 percent, to $85.94.

  • Final Glance: Banks companies Thursday, 18 Dec 2014 | 8:08 PM ET

    Bank of America Corp. rose$. 27 or 1.6 percent, to $17.53. Citigroup Inc. rose $1.65 or 3.1 percent, to $54.10. US Bank rose $1.42 or 3.2 percent, to $45.34.

  • Final Glance: Construction companies Thursday, 18 Dec 2014 | 8:08 PM ET

    NEW YORK— Shares of some top construction companies were up at the close of trading:. Fluor rose $1.63 or 2.8 percent, to $59.58. Quanta Services Inc. rose$. 50 or 1.9 percent, to $27.13.

  • -Lipper@ NEW YORK, Dec 18- Investors in U.S.-based funds pulled $831 million out of emerging market stock funds through the week ended Dec. 17, the third straight week of ouflows, data from Thomson Reuters' Lipper service showed on Thursday. In addition, the same collapse in oil prices that has pressured Russia has also affected other emerging markets.

  • New York Fashion Week booted out of Lincoln Center Thursday, 18 Dec 2014 | 5:38 PM ET

    NEW YORK— C'est la vie, fashionistas. They objected to the onslaught of the fashion industry at Damrosch Park, a 2.4- acre stretch on the Upper West Side that is adjacent to and managed by Lincoln Center. "We're going to get flowers and benches and there's going to be a park again," said Olive Freud, president of the Committee for Environmentally Sound Development, one...

  • NEW YORK/ ST. LOUIS, Dec 18- U.S. authorities sued MoneyGram International Inc's former chief compliance officer on Thursday, seeking a $1 million civil penalty and to hold him personally responsible for failing to stop fraudulent telemarketers from using the money-transfer firm's services. The lawsuit against Thomas Haider was filed in U.S. District Court in...

  • *Wall Street gains more than 2 pct. NEW YORK, Dec 18- Global equities markets rallied on Thursday, with Wall Street surging nearly 2.5 percent, as investors buoyed by policy comments from the U.S. Wall Street powered higher, with the S&P 500 putting up its best two days of gains since November 2011, according to Reuters data.

  • Dec 18- Billionaire investor Carl Icahn offered $20 million in financing on Thursday to keep the Trump Taj Mahal from becoming the fifth casino to close this year in New Jersey's troubled Atlantic City, was once the only major destination for gamblers on the U.S. East Coast. The Taj, owned by bankrupt Trump Entertainment Resorts Inc., is slated to close on Saturday.

  • NEW YORK, Dec 18- The S&P 500 closed out its biggest two-day advance since November 2011 on Thursday, extending a Federal Reserve-fueled rally from the previous session, while tech shares jumped after Oracle results. Oracle Corp jumped 10.2 percent to $45.35, a day after quarterly results topped Wall Street expectations. Shares of Apple climbed 3 percent to...

  • Sony hacking fallout puts all companies on alert Thursday, 18 Dec 2014 | 4:52 PM ET

    The hack, which a U.S. official has said investigators believe is linked to North Korea, culminated in the cancellation of a Sony film and ultimately could cost the movie studio hundreds of millions of dollars. "The Sony breach is a real wake-up call even after the year of mega-breaches we've seen," says Lee Weiner, Boston security firm Rapid7's senior vice...

  • Judge may toss 4 guilty pleas in inside-trade case Thursday, 18 Dec 2014 | 4:38 PM ET

    NEW YORK— A judge said Thursday he's leaning toward tossing out four guilty pleas in an insider-trading case, the latest fallout from a recent appeals court ruling criticizing prosecutors' tactics. He said he believes it's necessary to reject the pleas after the 2nd U.S. Circuit Court of Appeals in Manhattan last week reversed two insider-trading convictions,...

  • Cheniere and Rite Aid are big market movers Thursday, 18 Dec 2014 | 4:35 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:. Oracle Corp., up $4.19 to $45.35. Rite Aid Corp., up 72 cents to $6.78.

  • CHICAGO, Dec 18- Despite a disappointing Thanksgiving weekend, U.S. holiday sales may squeak by expectations if steeper and longer-running discounts lure enough shoppers. An uptick in last-minute shopping trips on the all-important weekend before Christmas is likely to benefit consumer electronics chains like Best Buy and home improvement retailers...

  • WASHINGTON, Dec 18- The United States said on Thursday a cyber attack on Sony Pictures was a serious national security matter and the Obama administration was considering a proportional response, although the White House stopped short of blaming North Korea. A U.S. government official said on Thursday that U.S. investigators were looking into the possibility...

  • Dow soars 400 points, led by rally in tech sector Thursday, 18 Dec 2014 | 4:14 PM ET

    NEW YORK— The Dow Jones industrial average had its biggest day in three years, soaring more than 400 points as the stock market extended a rally into a second day. The Dow closed up 421 points, or 2.4 percent, to 17,778 Thursday, its largest gain since December 2011. Oracle led a rally in technology shares after the business software maker reported earnings that were...

  • NEW YORK— Dow Jones industrial average surges more than 400 points, its biggest gain in three years.

  • NEW YORK, Dec 18- Royal Bank of Canada has agreed to pay $35 million to resolve a lawsuit by the U.S. Commodity Futures Trading Commission that accused it of running an illegal trading scheme to gain lucrative Canadian tax benefits. In its complaint, the CFTC said that from June 2007 to May 2010, RBC and its subsidiaries conducted a "wash trading" scheme involving the...

  • Investors say 'bye,' but not 'ciao,' to stock pickers Thursday, 18 Dec 2014 | 3:52 PM ET

    NEW YORK— Stock pickers might as well wear a scarlet "A." "Active management" is becoming more of a taboo when it comes to mutual funds. Bill Miller, for example, became famous for guiding his fund at Legg Mason to better returns than the Standard& Poor's 500 index for 15 straight years.

  • Dec 18- Nobody who has ever had a customer service dispute wants to experience what happened to Ben Edelman, the Harvard Business School professor whose irate email to a Chinese restaurant went viral on social media and was chronicled by mainstream news outlets. When Edelman, who is also an attorney, emailed the restaurant seeking triple damages for a $4...

  • 'Team America' screenings also pulled from theaters Thursday, 18 Dec 2014 | 3:24 PM ET

    NEW YORK— Programmed as a playful substitute to "The Interview," Trey Parker and Matt Stone's North Korea comedy "Team America: World Police" also has been pulled from theaters. After Sony dropped its planned Dec. 25 release of "The Interview" on Wednesday, a handful of theaters across the U.S. plugged in screenings of "Team America," the 2004 puppet film that parodies...