Ahead of one of the biggest shopping events of the year, a group of retail companies could see their shares rise, if history is any guide.» Read More
Facebook rose as much as 6.5 percent to $110.65 and gave the biggest boost to the S&P and Nasdaq. A U.S. Senate panel on Wednesday launched a probe into eye-popping drug price increases, seeking documents from four drugmakers including Valeant. Valeant shares sank 18.5 percent to $74.90.
Facebook rose 6.5 percent to $110.65 and gave the biggest boost to the S&P and Nasdaq. A U.S. Senate panel on Wednesday launched a probe into eye-popping drug price increases, seeking documents from four drugmakers including Valeant. The probe was affecting the entire biotech group and broader market as well, said Larry Peruzzi, a senior equity trader at Cabrera...
*HomeAway surges after Expedia's buyout offer. Facebook shares rose 5.3 percent to a record high of $109.44 after the company's quarterly results beat estimates. Investors are also awaiting Friday's crucial monthly nonfarm payrolls data to gauge if the Federal Reserve will lift interest rates in December, a likelihood Fed Chair Janet Yellen alluded to on...
*HomeAway surges after Expedia's buyout offer. *Qualcomm, Whole Foods down after weak results. "It's going to be a quiet day... as people are going to be squaring positions and getting set up," said Matthew Tuttle, chief executive of Tuttle Tactical Management in Stamford, Connecticut.
Some of the names on the move ahead of the open.
U.S. stock futures were higher this morning, after Wall Street gave up early gains Wednesday as Fed Chair Janet Yellen reiterated before a House panel the possibility a December rate hike.
Nov 5- U.S. stock index futures were higher on Thursday, a day after Federal Reserve Chair Janet Yellen indicated that an interest rate hike in December was a "live possibility". *Wall Street closed lower on Wednesday, retracing recent gains along with energy shares, while Yellen's comments added to investor caution. *Facebook's shares rose 4.3 percent to $108.35...
These clubs are an extension of the $8.4 million ground campaign Airbnb organized ahead of Tuesday's election in San Francisco, which included an initiative to restrict short-term rentals. "We're going to use the momentum of what took place here to do what we did in San Francisco around the world," Chris Lehane, Airbnb's global policy chief who led the campaign,...
Check out the companies making headlines after the bell on Wednesday: Facebook, Whole Foods, FireEye & more.
Nov 4- Expedia Inc on Wednesday said it agreed to buy vacation rental site HomeAway Inc for about $3.9 billion in cash and stock, in a move that could ramp up competition with apartment-sharing startup AirBnB. Expedia, the world's largest online travel services company by bookings, said it offered $10.15 in cash and 0.2065 per share of its own stock for each share...
Nov 4- Online travel services company Expedia Inc said it agreed to buy HomeAway Inc, an online vacation rental marketplace operator, for about $3.9 billion in cash and stock.
Consumer discretionary has significantly outperformed every other S&P sector this year. Will these hot stocks continue the winning streak?
*LinkedIn, AbbVie soar after results. Oct 30- U.S. stock indexes finished with their strongest monthly performances in four years on Friday, even as they dipped for the day amid a mixed bag of earnings reports. On Friday, CVS Health fell 4.8 percent to $98.78 after a disappointing profit forecast for 2016..
*LinkedIn, AbbVie soar after results. *KeyCorp down after agreeing to buy First Niagara. Shares of drugmaker AbbVie jumped 12.1 percent to $60.62, the biggest positive driver for the S&P 500 index, after posting better-than-expected quarterly profit and a strong long-term outlook.
*LinkedIn, Abbvie soar after results. *Keycorp down after agreeing to buy First Niagara. Investors will get more clues on consumer spending when the University of Michigan's final index on consumer sentiment, which is expected to rise to 92.5 in October from 92.1 in September, is released at 10:00 a.m..
*LinkedIn, Abbvie soar after results. *Keycorp down after agreeing to buy First Niagara. Oct 30- U.S. stock indexes were set to open slightly higher on Friday after better-than-expected results from energy majors Exxon and Chevron.
Some of the names on the move ahead of the open.
*AirAsia in talks with lessors for unit stake sale-source. SINGAPORE, Oct 30- AirAsia founder Tony Fernandes began talks with bankers to take Asia's No.1 budget airline private after a plunge in its stock price put $200 million worth of loans borrowed against AirAsia's shares at risk, people familiar with the situation told Reuters. The Malaysian entrepreneur...
Oct 29- Expedia Inc on Thursday posted a rise in third-quarter profit that beat analysts' estimates and said it now expects its takeover of Orbitz Worldwide Inc to yield greater benefits than previously anticipated. Expedia, the world's largest online travel services company by bookings, earned $283 million in the quarter, up 10 percent from a year earlier.
Check out the companies making headlines after the bell Thursday: Starbucks, SolarCity, LinkedIn & more.