Some of Wednesday's midday movers:» Read More
*Komatsu, Hitachi Construction fall as Caterpillar suggests weak demand. TOKYO, May 21- Japan's Nikkei share average edged down on Wednesday morning as a stronger yen soured sentiment, and construction equipment makers underperformed after Caterpillar reported lower demand in heavy machines.
WASHINGTON, May 20- Republicans must get behind a push to scrap the U.S. Export-Import Bank when its charter comes up for renewal later this year to end handouts to big business, a senior lawmaker said on Tuesday. "Today I call upon every Republican in Congress to let Ex-Im expire.
*Aeroflex jumps; Cobham to buy Aeroflex for $1.46 bln. NEW YORK, May 20- U.S. stocks fell in a broad selloff on Tuesday, with major indexes hitting session lows in afternoon trading, led by losses in the retail sector after disappointing results from Staples and TJX Companies.
Stocks fell Tuesday after quarterly earnings from Home Depot and Staples.
*Wall Street off as retail earnings disappoint. Retailers such as TJX Companies, which posted lower-than-expected quarterly revenue, were among the biggest drags on U.S. stocks, along with Caterpillar, which said retail statistics for the three months to April were down 13 percent.
NEW YORK, May 20- U.S. stocks fell on Tuesday as retailers' shares dropped after earnings from TJX Companies and Staples halted the market's two-day winning streak.
Some of Tuesday's midday movers:
NEW YORK, May 20- U.S. stocks dipped on Tuesday, weighed down by retailers after earnings from TJX Companies and Staples. Staples Inc tumbled 10.8 percent to $11.95 after the office supply retailer posted first-quarter earnings and forecast a decline in sales in the current quarter.
Jim Chanos of Kynikos Associates says he'll continue to bet against Caterpillar and China, as well as a few other names.
Deere on Wednesday posted a stronger-than-expected profit as cost cuts helped offset lower sales of its tractors, harvesters and earth-moving equipment.
The flurry of activity occurred at 3:49 p.m. EDT, with most of the affected stocks listed on the New York Stock Exchange, owned by IntercontinentalExchange Group Inc. The volatility caused moves of close to 5 percent in certain stocks, such as Nabors Industries Ltd..
The flurry of activity occurred at 3:49 p.m. EDT, with most of the affected stocks listed on the New York Stock Exchange, owned by IntercontinentalExchange Group Inc. The volatility caused moves of up to about 5 percent in certain stocks, such as Nabors Industries Ltd..
The Treasury auctioned $29 billion in three-year notes at a high yield of 0.928 percent. The bid-to-cover ratio, an indicator of demand, was 3.40.
May 2- Private equity firm Arsenal Capital Partners is considering a sale of its business that helps U.S. oil and chemical companies reclaim import taxes, a partner at the firm said. Charter, which has annual net revenue of about $65 million to $70 million, is the largest U.S. petroleum and chemical drawback services provider.
Jim Cramer is hearing a view that he fears is becoming more and more prevalent among investors.
*Microsoft rises as earnings beat expectations. NEW YORK, April 25- U.S. stock index futures pointed to a lower open on Friday as a number of bellwether names, including Amazon and Ford, fell following their quarterly results, overshadowing positive numbers from Microsoft.
*Microsoft shares rise after results, Amazon down. NEW YORK, April 25- U.S. stock index futures edged lower on Friday as intensifying violence in Ukraine and weakness in Amazon.com overshadowed positive results from Microsoft Corp.. *Amazon fell 2 percent to $330.25 after posting a jump in revenue that was offset by sharp increases in spending.
SINGAPORE, April 25- U.S. crude futures held near $102 a barrel in early Asian trade on Friday, supported by supply disruption fears as Ukraine resumed its operation to disarm pro- Moscow separatists in the east of the country and retake their positions.
NEW YORK, April 24- Corporate America is letting the sun shine in on second-quarter profit outlooks, raising hope that the first quarter's storms are past.
These 10 stocks had been out of favor. But now, they're kind of ‘in crowd.’