GO
Loading...

Enter multiple symbols separated by commas

New York City

More

  • El Pollo Loco Holdings Inc. and sandwich maker Potbelly Corp. went public last year. Those IPOs followed those of Mediterranean-style restaurant chain Zoe's Kitchen Inc., which raised $87.5 million, and Noodles& Co., which raised $96.5 million. The Dallas chain opened 100 restaurants last year, bringing its U.S. total to 670. It has 40 more locations in Mexico,...

  • *Taylor Woods, BBL Commodities among funds caught on wrong side. Those hurt by the abrupt turn included Connecticut- based Taylor Woods Capital Management and BBL Commodities in New York. Shale oil skeptic and market bull Andy Hall, however, saw his $3 billion Connecticut- based Astenbeck Capital Management rise about 10 percent through April, according to media...

  • *Brent rises above $69, U.S. crude above $62, before paring gains. U.S. crude futures rallied more than $2 to the year's high of $62.58 a barrel before consolidating to show an 80 cent gain at $61.20 a barrel by 12:54 p.m. EDT. Futures of U.K. North Sea Brent, the more globally-used benchmark, were up 60 cents at $68.12 a barrel, having reached a 2015 peak of $69.93 earlier.

  • Fries at the doorstep: Fast-food pushes into delivery Wednesday, 6 May 2015 | 1:38 PM ET

    NEW YORK— On the same day McDonald's said it would begin testing delivery in New York, an order placed for two cheeseburgers, two large fries and a vanilla shake took a about a half hour to arrive at The Associated Press headquarters. The bill came to $23.32, including tip— nearly double the cost if a reporter had walked around the corner to the nearest McDonald's to...

  • CORRECTED-April's oil bounce trips up some hedge funds Wednesday, 6 May 2015 | 1:31 PM ET

    *Taylor Woods, BBL Commodities among funds caught on wrong side. Those hurt by the abrupt turn included Connecticut- based Taylor Woods Capital Management and BBL Commodities in New York. They contrasted with shale oil skeptic and market bull Andy Hall, who saw his $3 billion Connecticut- based Astenbeck Capital Management rise about 10 percent through April,...

  • NEW YORK— Western Union on Wednesday denied a news report that it is in talks to buy smaller rival MoneyGram. Bloomberg had reported late Tuesday that Western Union is in early discussions to acquire MoneyGram. Western Union, based in Englewood, Colorado, has a market value of nearly $12 billion, while Dallas- based MoneyGram has a market value of about $556 million.

  • Fossil shares fall on impact from stronger dollar Wednesday, 6 May 2015 | 1:05 PM ET

    NEW YORK— Shares of Fossil Group fell Wednesday following weak quarterly revenue results and a disappointing outlook as a stronger dollar continues to cut into company's financial results. The designer of watches, jewelry and clothing saw profit fall 42 percent to $38.1 million, or 75 cents per share, while revenue fell 7 percent to $725 million.

  • U.S., EU officials clash over derivatives rules Wednesday, 6 May 2015 | 12:50 PM ET

    LONDON, May 6- U.S. and European Union regulators clashed on Wednesday over how to provide solid financial backing for the world's $630 trillion derivatives market and also avoid duplication of rules that would be costly for banks and other players. But the difficulty in getting agreement between the EU and the United States has held up the process.

  • US appeals court rules for Pandora vs ASCAP Wednesday, 6 May 2015 | 12:39 PM ET
    Traders on the floor of the New York Stock Exchange walk past the Pandora Media logo on its first day of trading as a public company, June 15, 2011.

    A federal appeals court in New York City ruled in favor of Pandora, saving the streaming service from paying higher royalty fees.

  • SINGAPORE, May 6- Jorge Montepeque, inventor of the modern system of setting world oil prices, is leaving reporting agency Platts after three decades of tussles with oil traders and attention from regulators. Critics have drawn attention to its dominance, and its role in the fabric of oil trade was of interest to regulators in the United States and Europe when...

  • WASHINGTON, May 6- U.S. private employers in April hired the fewest number of workers in more than a year, further diminishing hopes of a strong rebound in economic growth after the first-quarter slump. "The data pile onto recent evidence suggesting increased odds that, by the time the June policy meeting rolls around, the hope of a great spring rebound in real...

  • Casino project owners, investors vetted by regulators Wednesday, 6 May 2015 | 12:16 PM ET

    BOSTON— State gambling regulators on Wednesday approved the developers of a proposed Brockton casino, setting the stage for a referendum next week that will determine the fate of the $650 million project. Robert Kelly, a representative for the Brockton development team, said Wednesday's vote wasn't surprising since a majority of the individuals and...

  • News Corp., which publishes The Wall Street Journal, fell 7 percent after its results missed analysts' forecasts. Noodles& Co. plunged 18 percent after also reporting disappointing results. Oil rose 52 cents to $60.91 a barrel.

  • NEW YORK, May 6- A federal appeals court in Manhattan rejected appeals by a music licensing group and music publishers that could have forced Internet radio service Pandora Media Inc to pay higher royalties and have access to fewer songs. The 2nd U.S. Circuit Court of Appeals on Wednesday rejected an effort by the American Society of Composers, Authors and...

  • Noodles stock continues slide with weak report, outlook Wednesday, 6 May 2015 | 11:55 AM ET

    NEW YORK— Noodles& Co. continued its slide with another disappointing earnings report, as the restaurant chain operator fared poorly in several key markets. The Broomfield, Colorado- based casual restaurant operator has a history of failing to meet Wall Street expectations either with results or guidance. The others include the Washington, D.C., metro area and...

  • NEW YORK, May 6- U.S. Treasuries fell on Wednesday, weighed down by a global slide in government bond markets that is pushing yields to 2015 peaks and competing corporate bond sales by Apple Inc and others. Germany's 10- year yield hit a 2015 high just under 0.6 percent.

  • Drug developer Adaptimmune skids after IPO raises $191M Wednesday, 6 May 2015 | 11:39 AM ET

    NEW YORK— Shares of cancer drug developer Adaptimmune are falling after the British company's initial public offering raised $191.3 million. The shares priced at $17 each, at the high end of Adaptimmune's expectations. At midday shares were down 80 cents, or 4.7 percent, at $16.20.

  • NEW YORK, May 6- U.S. crude oil stockpiles fell last week for the first time since the week ending Jan. 2 as imports slowed, while gasoline and distillate inventories rose, data from the Energy Information Administration showed on Wednesday. "Lower imports seem to be the main driver for the draw down," said Dominick Chirichella, senior partner at the Energy Management...

  • David Colletti, a former MillerCoors vice president, was charged in an indictment filed in federal court in Chicago with mail and wire fraud for his role in an alleged scheme that caused the company to be falsely billed for promotional events and marketing services. MillerCoors, a U.S. joint venture between SABMiller Plc and Molson Coors Brewing Co was not...

  • NEW YORK— A manhole explosion near Penn Station in midtown Manhattan has snarled traffic and affected phone, Internet and cable service for some New Yorkers. Both Consolidated Edison and Verizon said they had crews at the scene repairing underground cables that were damaged. Verizon spokesman John Bonomo said the company has received 140 reports of outages...