Medical devices maker Biomet filed for IPO to raise up to $100 million.» Read More
*Wal-Mart shares down after report it will curtail orders. NEW YORK, Sept 25- U.S. stocks fell on Wednesday and the S&P 500 put in a fifth day of losses, its longest losing streak since the end of 2012, on jitters funding for the federal government would run out and after a drop in shares of Wal-Mart Stores.
Few companies can convince Wall Street to keep investing by giving stuff away, but that's the secret of Amazon's success and the Jeff Bezos way.
The decision by the Commodity Futures Trading Commission was a defeat for silver commentators and investors who urged the probe, saying big banks including JPMorgan Chase& Co were selling the metal short using futures and options to hold prices down.
NEW YORK/ WASHINGTON, Sept 25- U.S. regulators on Wednesday closed a five-year investigation into alleged manipulation of the silver market, saying 7,000 staff hours of investigation produced no evidence of wrongdoing.
In his new book, financial journalist Duff McDonald provides an intimate and incisive behind-the-scenes history and analysis of this enigmatic firm.
NEW YORK/ WASHINGTON, Sept 25- The U.S. Commodity Futures Trading Commission said on Wednesday it has closed its long-running investigation into complaints about manipulation in the silver markets, and is not recommending any charges.
NEW YORK/ DETROIT, Sept 25- The United Auto Workers' trust fund has tapped Deutsche Bank for advice on how to exit its 41.5 percent stake in U.S. automaker Chrysler Group LLC, according to two people familiar with the matter.
The government is after JP Morgan in a way that we haven't seen since Jimmy Hoffa, CNBC's Jim Cramer said.
*Stryker to pay $30/ Mako share, 86 pct premium to last close. Sept 25- Medical device maker Stryker Corp will buy smaller peer Mako Surgical Corp for about $1.65 billion to gain access to Mako's technology for robot-assisted orthopedic surgery. Mako shares jumped 83 percent at $29.57 in morning trade, just shy of the offer price Of $30 per share.
Sept 25- American Express Co, squeezed by tighter corporate travel budgets, said it was in talks to sell half of its business travel division for up to $1 billion to an investor group led by Certares International Bank LLC. This has hurt American Express, which gets more than a quarter of its U.S.-billed business from affluent corporate customers.
JPMorgan Chase is seeking a global settlement with U.S. government authorities over its mortgage practices in multiple jurisdictions.
JPMorgan Chase, is negotiating a multibillion-dollar settlement with state and federal agencies over the bank's sale of troubled mortgage securities to investors in the run-up to the financial crisis. The New York Times reports.
NEW YORK, Sept 24- Nigeria's fledgling sovereign wealth fund on Monday completed investment allocations for the 20 percent of the $1 billion it is setting aside to guard against commodity price shocks, its chief executive said.
NEW YORK, Sept 24- Bank of America Corp's Countrywide unit placed profits over quality in a "massive fraud" selling shoddy mortgages to Fannie Mae and Freddie Mac, a U.S. government lawyer said on Tuesday.
NEW YORK, Sept 24- JPMorgan Chase& Co, facing several investigations into its mortgage practices, is seeking a global settlement with U.S. government authorities in multiple jurisdictions, a person familiar with the matter said on Tuesday.
Into the fourth quarter stocks are expected to perform well, Argonaut Capital's David Gerstenhaber says.
The more accommodating stance being taken by Iran’s new president, if genuine, could result in lower oil prices by reducing Middle East tensions.
*Applied Materials shares rise on merger with Tokyo Electron. *Facebook leads Nasdaq on report it could be allowed in China. Tea Party- backed U.S. senators, threatening to stall a bill to fund the U.S. government, ran into a wall of resistance from top Senate Republicans, including Minority Leader Mitch McConnell.
Hedge fund managers criticized the decision not nominate Larry Summers to be chairman of the Federal Reserve.
The "Fast Money" traders share their final trades of the day.