Some of the names on the move ahead of the open.» Read More
Apple Inc. rose. 4 percent to $105.22 with 43,418,700 shares traded. Applied Materials Inc. rose. 5 percent to $20.99 with 19,063,100 shares traded. Cisco Systems Inc. rose. 9 percent to $23.78 with 19,606,300 shares traded.
Oct 15- Another proposed U.S. corporate tax "inversion" deal collapsed on Friday when Irish food group Fyffes Plc and larger U.S. rival Chiquita Brands International Inc called off an agreement to combine. It was the fourth such deal to unravel since the Treasury Department on Sept. 22 cracked down on inversions, deals in which a U.S. company acquires or sets up a...
Apple Inc. rose 1.5 percent to $97.67 with 66,421,100 shares traded. Applied Materials Inc. rose. 1 percent to $19.88 with 17,244,200 shares traded. Cisco Systems Inc. rose 1.9 percent to $23.25 with 28,038,300 shares traded.
Oct 15- Major U.S. drugmaker AbbVie Inc said on Wednesday it was reconsidering a $55 billion bid for Ireland's Shire Plc, marking a setback for "inversion" deals in which U.S. companies reincorporate abroad to cut tax costs. Steris Corp said on Monday it has offered to buy Britain's Synergy Health Plc for about $1.9 billion in a deal that would shift Steris' tax...
OTTAWA, Sept 30- Canada, faced with a politically controversial decision over how best to upgrade its fleet of fighter jets, will extend the life of the existing planes to 2025, an official said on Tuesday.
BOSTON, Sept 24- Top U.S. companies are reporting more detail about their political contributions, according to a survey by the Center for Political Accountability, a trend that won praise from the group, which pushes for greater transparency.
OTTAWA/ WASHINGTON, Sept 4- Canada is likely to choose between two major U.S. firms when it buys a new fleet of jet fighters, excluding two European competitors, according to a source with direct knowledge of the matter.
*VIX jumps on Russia, Ukraine concerns. NEW YORK, Aug 15- U.S. stocks ended mixed on Friday, paring an earlier selloff sparked by reports of Ukraine shelling a Russian armored column.
*Russia denies report Ukraine engaged Russia armored column. *VIX jumps on Russia, Ukraine concerns. Markets had opened higher on hopes of easing tensions between Russia and Ukraine, but shed those gains following the statement from Ukraine, which added later that its forces had come under shellfire from Russia.
*Ukraine engaged Russia armored column. NEW YORK, Aug 15- U.S. stocks fell on Friday, reversing earlier gains as forces in Ukraine engaged a Russian armored column on Ukrainian soil, raising the prospect of a deeper escalation in the region's unrest. Markets had opened higher as investors continued to bet that the tension between Ukraine and Russia was waning.
NEW YORK, Aug 15- U.S. stock index futures pointed to a higher open on Friday, with major indexes on track for a second week of gains, as traders bet there would be no immediate escalation in the tense situations in Ukraine or Iraq.
NEW YORK, Aug 15- U.S. stock index futures were higher on Friday, with major indexes on track for a second week of gains, as traders bet there would be no immediate escalation in the tense situations in Ukraine or Iraq.
Aug 14- Chip-equipment maker Applied Materials Inc reported a better-than-expected third-quarter profit as contract manufacturers spend more on technology used to make smartphone and memory chips.
Take a look at some of Thursday's after-hours buzz:
U.S.stocks closed higher on Thursday at August highs despite subpar economic data around the world, and after conciliatory remarks from Putin.
Aug 14- Chip-equipment maker Applied Materials Inc reported a 14.7 percent rise in quarterly revenue as contract chip manufacturers spend more on technology used to make smartphone and memory chips. Net income rose to $301 million, or 24 cents per share, from $168 million, or 14 cents per share.
Equities have come under pressure because of the unrest between Russia and Ukraine, with the S&P 500 at one point down about 4 percent from a record closing high hit in late July.
As the silicon chip nears its theoretical limit of productivity, semiconductor companies are in an R&D arms race to drive chip innovation.
Talking Squawk, the official "Squawk Box" blog, provides tidbits, insights, and some sarcastic reflections on the WEEK THAT WAS and the WEEK TO COME.
*Airbus Group says cancellations linked to overbooking. *Airbus says focusing on Dassault stake sale. PARIS, July 30- Airbus Group moved to allay concerns over a wave of order cancellations on Wednesday, sparking a rally in its shares helped by better than expected half-year results.