New York City


  • Final Glance: Airlines companies Thursday, 21 Aug 2014 | 6:08 PM ET

    Delta Air fell$. 61 or 1.5 percent, to $39.91. JetBlue Airways Corp. fell$. 26 or 2.0 percent, to $12.47. Southwest Airlines Co. fell$. 33 or 1.0 percent, to $31.24.

  • Final Glance: Machinery companies Thursday, 21 Aug 2014 | 6:08 PM ET

    Caterpillar rose$. 27 or. 3 percent, to $107.97. Deere& Co. rose$. 34 or. 4 percent, to $86.21. Terex fell$. 08 or. 2 percent, to $37.51.

  • Final Glance: Homebuilders companies Thursday, 21 Aug 2014 | 6:08 PM ET

    DR Horton fell$. 09 or. 4 percent, to $21.80. Hovnanian Enterprises Inc. fell$. 04 or. 9 percent, to $4.28. Lennar Corp. rose$. 02 or. 1 percent, to $39.02.

  • Final Glance: Health Care Equipment companies Thursday, 21 Aug 2014 | 6:08 PM ET

    Becton, Dickinson& Co. fell$. 11 or. 1 percent, to $117.53. Covidien rose$. 23 or. 3 percent, to $89.02. PerkinElmer fell$. 03 or. 1 percent, to $45.12.

  • Final Glance: Chemicals companies Thursday, 21 Aug 2014 | 6:08 PM ET

    NEW YORK— Shares of some top chemicals companies were mixed at the close of trading:. Dow Chemical Co. fell$. 23 or. 4 percent, to $53.07. DuPont Co. rose$. 08 or. 1 percent, to $66.30.

  • Final Glance: Insurance companies Thursday, 21 Aug 2014 | 6:08 PM ET

    Aflac Inc. rose$. 08 or. 1 percent, to $61.01. American International Group rose$. 71 or 1.3 percent, to $55.58. MBIA fell$. 01 or. 1 percent, to $10.28.

  • NEW YORK/ LONDON, Aug 21- The International Swaps and Derivatives Association has set an action date of September 3 to settle Argentina's credit default swaps after including two controversial yen-denominated bonds in the list of deliverable securities.

  • Business Highlights Thursday, 21 Aug 2014 | 6:01 PM ET

    Bank of America settlement likely to benefit few. WASHINGTON— Bank of America's record $16.65 billion settlement for its role in selling shoddy mortgage bonds— $7 billion of it geared for consumer relief— offers a glint of hope for desperate homeowners. NEW YORK— To win the hearts of frequent business travelers, United Airlines is going through their stomachs.

  • NEW YORK, Aug 21- Bank of America Corp has long argued to enforcement officials that it was being forced to pay for the sins of companies it acquired in the crisis, but on Thursday the bank admitted at least some of its mortgage problems happened on its watch.

  • But the judge declined to hold Argentina in contempt despite the urging of the two leading holdout creditors, saying such a finding would not "add anything to the scales" to encourage a settlement.

  • Study: Wealth gap widened in the last decade Thursday, 21 Aug 2014 | 5:04 PM ET

    NEW YORK— A report from the Census Bureau is the latest evidence that the rich are getting richer while the poor get poorer. But the bottom 20 percent owed more than they had and were worse off in 2011 than they were in 2000. In 2011, the median net worth of the poorest Americans was negative $6,029, compared with negative $905 a decade before.

  • Tech Tips: Sprint's good rates come with a price Thursday, 21 Aug 2014 | 4:41 PM ET

    NEW YORK— In revamping its prices and plans this week, Sprint is joining Verizon and AT&T in letting families share pools of data. To help guide you through the maze of options from the four national wireless carriers— Verizon, AT&T, Sprint and T-Mobile— here's a look at the best plans for individuals, couples and families of four.

  • Home Depot says Menear will become CEO on Nov. 1 Thursday, 21 Aug 2014 | 4:40 PM ET

    NEW YORK— Home Depot said Thursday that Craig Menear, the president of its U.S. retail operations, will become president and CEO of the company Nov. 1. Frank Blake has been Home Depot's chairman and CEO since 2007, and he will remain chairman of the company.

  • BOSTON/ NEW YORK, Aug 21- Fraudsters are targeting JPMorgan Chase& Co customers in an email "phishing" campaign that is unusual because it attempts to collect credentials for that bank and also infect PCs with a virus that steals passwords from other institutions.

  • NEW YORK/ LOS ANGELES, Aug 21- A clutch of states including California, New York and Illinois will share in a mini-bonanza from the $16.65 billion settlement agreed by Bank of America Corp on Thursday.

  • Hormel Foods and Hertz are big market movers Thursday, 21 Aug 2014 | 4:23 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:. Hormel Foods Corp., up $2.06 to $49.92. Hertz Global Holdings Inc., down 23 cents to $30.10.

  • FOREX-Dollar softens on wariness ahead of Yellen speech Thursday, 21 Aug 2014 | 4:17 PM ET

    NEW YORK, Aug 21- The dollar surrendered some recent gains on Thursday as central bankers gathered for a three-day meeting in Wyoming that will feature a potentially market-rattling speech by Federal Reserve Chair Janet Yellen.

  • Unexpected summer blockbuster: Chinese stock funds Thursday, 21 Aug 2014 | 4:15 PM ET

    Dollars are pouring into China again despite worries about the country's slowing economic growth. China's economy also still has its doubters, as do broad swaths of its stock market. Much of the worry centers on how well China can navigate a slowdown in its economic growth.

  • Weak data on China's factory output weighed on oil prices early. NEW YORK, Aug 21- U.S. and Brent crude futures rose on Thursday, lifted by supportive economic data from the United States after a plentiful supply picture and Chinese economic data had earlier pressured prices.

  • S&P 500 closes at a record; Hewlett-Packard gains Thursday, 21 Aug 2014 | 4:08 PM ET

    NEW YORK— Another round of buying on the stock market is sending the Standard& Poor's 500 index to its latest record high. That's four points above the record close it reached July 24. Hewlett-Packard rose 5 percent after the company reported its first sales increase in nearly three years.