Some of the names on the move ahead of the open.
--On Oct. 10, 2012, we downgraded the Kingdom of Spain to' BBB-/A-3' from' BBB+/ A-2'. The outlook on Spain remains negative. --Our criteria allow a one-notch differential between the ratings on the core operating entities of Spanish insurance group Grupo Catalana Occidente, S.A. y Sociedades Dependientes, and the ratings on Spain.
Talk about low expectations: S&P futures rose a bit on the ADP report, even though it was slightly below expectations. We are now back in the twilight zone game called Gaming the Fed: More weak data increases the chances of a third round of quantitative easing.
Futures budged upwards after a mixed bag of economic reports at 8:30am ET... Weekly jobless claims came in essentially inline with estimates. Continuing claims continued to hit record highs... April durable goods rose 1.9 percent, far exceeding economist forecasts for a 0.5 percent rise.
Following are the day’s biggest winners and losers. Find out why shares of Heinz and Big Lots popped while Marriott and gold dropped.
Footwear retailers Genesco and Finish Line said Monday they were terminating their merger plans and the financing commitment of Swiss bank UBS.
Stocks finished little-changed after another up-and-down session.
A Tennessee court has ordered Finish Line Inc to close the $1.5 billion acquisition of shoe and hat retailer Genesco, sending Genesco shares up 16 percent.
With two days left in the trading year, the long reign of small caps over big caps appears to be over: The Dow Industrials are up 7.2 percent, the S&P 500 is up 4.1 percent, the Nasdaq is up 10.8 percent and the Russell 2000 is down 1.8 percent.
Stocks closed sharply lower after a brokerage downgrade of Citigroup sparked concerns that there may be more mortgage losses to come, raising doubts about the outlook for the economy.
KKR, and Goldman walked away from their buyout of stereo maker Harman (HAR) Friday afternoon. Of all the deals announced this summer how many will get done?
Foot Locker is considering putting itself up for sale following disappointing performance at its U.S. shoe stores and the failure to buy Genesco, the New York Post reported Thursday, sending the retailer's shares up nearly 12%.