WASHINGTON, Dec 9- Leaders of the U.S. Senate and House of Representatives Armed Services committees have agreed on a slimmed-down defense authorization bill and want the House to vote on the measure before it leaves on its year-end holiday recess at the end of this week, Senator Carl Levin said on Monday.» Read More
DALLAS, Dec 9- American Airlines Group, the world's biggest airline after AMR Corp's merger with US Airways Group, intends to take advantage of its broad global network to win more corporate customers, the company's president said. American Airlines parent AMR Corp and US Airways sealed their $18 billion merger on Monday.
NEW YORK, Dec 9- U.S. stocks advanced modestly on Monday after positive Chinese trade and inflation data, while remarks by top Federal Reserve officials about the outlook for slowing the Fed's stimulus had little impact on the market.
DETROIT-- Shares of General Motors Co. hit their highest level Monday since returning to the public stock markets three years ago as investors anticipated the U.S. government selling its remaining stake in the company. THE SPARK: Late last month the government said it expected to unload the last of its General Motors stock by the end of the year.
NEW YORK, Dec 9- Economic growth in developed economies will accelerate next year and investors should buy U.S. stocks, partly on the likelihood that central banks' monetary policies will remain accommodative, Goldman Sachs strategists said on a webcast Monday.
FALLON, Nev.-- Authorities say one person is being flown to the University of California, Davis burn center after a fire at an oil plant in northern Nevada. Spokesman Curt Althof of Careflight says three helicopter crews were dispatched to the Bango refinery near Fallon a little after 9 a.m. Monday.
A JPMorgan analyst raised her investment rating on three U.S. oil refiners Monday, saying that the difference between two key oil prices will benefit them. Because of that, U.S. oil refiners could see increased margins, JPMorgan analyst Katherine Lucas Minyard said in a note to clients.
Autozone Inc. fell $1.42 or. 3 percent, to $458.18. Bed Bath& Beyond Inc. fell$. 21 or. 3 percent, to $77.92. Best Buy rose$. 47 or 1.1 percent, to $41.52.
NEW YORK-- A look at the 10 biggest percentage gainers on New York Stock Exchange at 1 p.m.:. Sysco Corp. rose 11.4 percent to $38.22. InterOil Corp. rose 10.2 percent to $61.15.
Hecla Mining Co. rose$. 04 or 1.3 percent, to $2.84. Pan American Silver Corp. rose$. 20 or 2.0 percent, to $10.49. Silver Standard Resources Inc. rose$. 15 or 2.6 percent, to $5.95.
Kroger rose$. 12 or. 3 percent, to $40.56. Safeway fell$. 26 or. 8 percent, to $32.81. Supervalu rose$. 04 or. 6 percent, to $6.40.
Kelly Services Inc. class A rose$. 33 or 1.4 percent, to $23.60. Korn/Ferry International Inc. fell$. 14 or. 6 percent, to $24.22. ManpowerGroup rose$. 64 or. 8 percent, to $81.70.
NEW YORK-- Shares of some top telecom companies are mixed at 1 p.m.:. AT&T Inc. rose$. 13 or. 4 percent, to $34.66. Verizon Communications Inc. fell$. 14 or. 3 percent, to $49.34.
American Electric Power Co. fell$. 43 or. 9 percent, to $46.67. Consolidated Edison Inc. Holding Co. fell$. 50 or. 9 percent, to $55.35. Dominion Resources Inc. fell$. 73 or 1.1 percent, to $63.70.
Ariad Pharmaceuticals Inc. fell. 2 percent to $4.06 with 9,962,500 shares traded. Cisco Systems Inc. was unchanged at $21.29 with 18,658,300 shares traded. Facebook Inc. rose. 5 percent to $48.20 with 19,690,500 shares traded.
Given Imaging Ltd. rose 26.3 percent to $29.87. YRC Worldwide Inc. rose 16.6 percent to $9.85. Elecsys Corp. rose 16.0 percent to $11.07.
OSI Systems Inc. fell 33.1 percent to $43.32. conatus Pharmaceuticals Inc. fell 9.7 percent to $6.03. Array BioPharma Inc. fell 8.7 percent to $5.46.
NEW YORK-- A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:. Alpha Natural Resources Inc. rose 9.6 percent to $7.20 with 11,074,100 shares traded. Bank of America Corp. rose. 1 percent to $15.58 with 28,342,400 shares traded.
NEW YORK-- A look at the 10 biggest percentage decliners on New York Stock Exchange at 1 p.m.:. Genie Energy Ltd. fell 20.7 percent to $12.40. Oil-Dri Corp. fell 11.1 percent to $36.13.
DR Horton rose$. 70 or 3.7 percent, to $19.78. Hovnanian Enterprises Inc. rose$. 18 or 3.6 percent, to $5.13. Lennar Corp. rose $1.21 or 3.5 percent, to $35.75.
Boeing fell$. 36 or. 3 percent, to $134.82. Lockheed Martin Corp. rose$. 72 or. 5 percent, to $138.91. Northrop Grumman Corp. fell$. 29 or. 3 percent, to $109.97.