GO
Loading...

Latest Business News Wires - Business Headlines

More

  • HMS shares fall after it lowers guidance Thursday, 4 Oct 2012 | 2:24 PM ET

    HMS Holdings Corp.' s shares plunged Thursday after the healthcare benefits coordinator lowered its guidance. The company now expects to earn 55 to 60 cents per share for the year, down from its prior forecast of 58 to 64 cents per share. It dropped its annual revenue forecast to $480 million to $490 million, from a prior range of $500 million to $515 million.

  • Outbreak spotlights risks from custom-mixed drugs Thursday, 4 Oct 2012 | 2:24 PM ET

    Two people blinded in Washington, D.C., in 2005. Three dead in Virginia in 2006 and three more in Oregon the following year. Twenty-one dead polo horses in Florida in 2009. Earlier this year, 33 people in seven states with fungal eye infections. Unlike manufactured drugs, these products are not subject to approval by the Food and Drug Administration.

  • Joplin, MO gets $2.4M to deal with soil problems Thursday, 4 Oct 2012 | 2:20 PM ET

    JOPLIN, Mo.-- Joplin will receive $2.4 million in federal funding to deal with soil contamination stirred up by the May 2011 tornado, the Environmental Protection Agency said Thursday.

  • Debate thrusts Big Bird into presidential campaign Thursday, 4 Oct 2012 | 2:19 PM ET

    "Saturday Night Live," Jimmy Fallon, Piers Morgan, the "Today" show and "Good Morning America" all asked for appearances from the "Sesame Street" character on Thursday after he was unexpectedly thrust into the presidential campaign by Mitt Romney.

  • NuVasive tumbles on weak 3Q revenue estimate Thursday, 4 Oct 2012 | 2:13 PM ET

    NEW YORK-- Shares of NuVasive Inc. lost about a third of their value Thursday after the spinal device maker said its third-quarter revenue will come up short of its previous estimates. THE SPARK: After the market closed Wednesday, NuVasive said it expects about $147 million in revenue in the third quarter.

  • News Summary: More seniors leave personal legacies Thursday, 4 Oct 2012 | 2:12 PM ET

    LEAVING LEGACIES: Life histories, ethical wills-- sometimes called "family love letters"-- video recordings and other forms of personal legacies are increasing in popularity among retirees who want to share them with loved ones.

  • Retirees turn more attention to personal legacies Thursday, 4 Oct 2012 | 2:10 PM ET

    CHICAGO-- A growing number of retirees are looking to pass along more to the next generation than money and possessions. "There's an element regarding money, but it is really more about affirming your life as a legacy," says Neal Van Zutphen, a certified financial planner in Mesa, Ariz..

  • International Speedway swings to $1M loss in 3Q Thursday, 4 Oct 2012 | 2:05 PM ET

    DAYTONA BEACH, Fla.-- International Speedway Corp. said Thursday it posted a $1 million third-quarter loss, hurt by a double-digit drop in revenue stemming from the shifting of race dates and a continued drop in ticket sales stemming from the sluggish economy.

  • Department store shares mixed on September results Thursday, 4 Oct 2012 | 2:02 PM ET

    Macy's revenue at stores open at least a year rose 2.5 percent in September, while analysts expected a gain of 3.3 percent. Shares of Macy's rose 34 cents to $39.83. Kohl's Corp.' s revenue at stores open at least a year fell 2.7 percent in September, a bigger drop than Wall Street expected, hurt by lower demand for accessories and women's clothing.

  • Fed chose mortgage bonds to bolster housing gains Thursday, 4 Oct 2012 | 2:01 PM ET

    WASHINGTON-- The Federal Reserve structured its latest stimulus program around the purchase of mortgage bonds after members agreed that helping a nascent housing recovery was a good way to lift the broader economy. The Fed has already purchased more than $2 trillion in bonds since the 2008 financial crisis.

  • News Summary: US factory orders drop sharply Thursday, 4 Oct 2012 | 1:57 PM ET

    FALLING DEMAND: Orders to U.S. factories fell in August from July, mostly because of a sharp drop in volatile aircraft orders. Orders dropped 5.2 percent, the biggest decline in more than three years. Aircraft orders plunged 102 percent.

  • Private college costs up again but at slower rate Thursday, 4 Oct 2012 | 1:56 PM ET

    The figures released Thursday by the National Association of Independent Colleges and Universities highlight some of the complexities within an overall trend of rising college costs. The list price at private colleges remains substantially higher than at publics _ $29,230 this fall compared to a bit over $8,000 last year at public institutions.

  • Feds charge 91 people in $429M Medicare fraud Thursday, 4 Oct 2012 | 1:56 PM ET

    WASHINGTON-- A federal strike force has charged 91 people, including a hospital president, doctors and nurses, with Medicare fraud schemes in seven cities involving $429 million in false billings. The law enforcement effort focused on fraudulent Medicare schemes in Baton Rouge, La.; Brooklyn, N.Y.; Chicago; Dallas; Houston; Los Angeles and Miami.

  • Oil posts biggest gain in 2 months, tops $91 Thursday, 4 Oct 2012 | 1:53 PM ET

    Tensions between Syria and Turkey gave oil prices their biggest jump in two months Thursday, while refinery outages boosted wholesale gasoline prices. Oil settled at $91.71 per barrel, up by $3.57, or 4 percent, on the New York Mercantile Exchange. Oil prices rose after Turkey's military fired on targets in Syria for the second day.

  • Striking SAfrican miners find strength in numbers Thursday, 4 Oct 2012 | 1:51 PM ET

    CARLETONVILLE, South Africa-- Carrying a piece of paper threatening him with eviction from a workers' hostel, Robert Asanda pointed to thousands of fellow striking miners who had gathered atop a hill in a symbolic act of defiance against their gold-mining employers in South Africa.

  • The Public Theater unveils a sleek new NYC home Thursday, 4 Oct 2012 | 1:50 PM ET

    NEW YORK-- The Public Theater unveiled its four-year, $40 million face-lift on Monday with some Shakespeare, some hippies and some veteran stage stars including Vanessa Redgrave, Liev Schreiber and Mandy Patinkin.

  • AFL-CIO registers 450,000 voters from union homes Thursday, 4 Oct 2012 | 1:47 PM ET

    WASHINGTON-- The AFL-CIO says it has registered more than 450,000 new voters from union households over the past 18 months, part of an ambitious push to swell the ranks of Democratic-leaning voters and help President Barack Obama win reelection.

  • Avery Dennison shares fall on breakup of 3M deal Thursday, 4 Oct 2012 | 1:46 PM ET

    Avery Dennison Corp.' s shares plunged Thursday after 3 M Co. dissolved plans to buy its office and consumer products business. THE SPARK: Avery Dennison and 3 M announced Wednesday that the maker of Post-It notes would not move forward with the deal. 3 M had agreed in January to buy the division for $550 million.

  • First Niagara to cut some jobs, recruit for others Thursday, 4 Oct 2012 | 1:38 PM ET

    BUFFALO, N.Y.-- First Niagara Financial Group says it's realigning some staffing and will do away with 180 positions as it recruits for 250 others. The bank says it's hired 2,700 people over the past two years, including 1,200 from its recent purchase of 195 HSBC branches in New York and southwestern Connecticut.

  • Argentine ship stuck in Africa in bondholder fight Thursday, 4 Oct 2012 | 1:07 PM ET

    BUENOS AIRES, Argentina-- The flagship of Argentina's navy has been ordered held in Africa by a judge answering a complaint from a U.S. hedge fund. Courts in the United States and Britain have granted judgments worth $1.6 billion to the hedge fund, but it and other bondholders are still suing for billions more and Argentina has refused to pay.

Most Popular Video

Wednesday, 16 Apr 2014 | 9:08 AM ET

CNBC's Jim Cramer has a bold message for portfolio managers looking for rapid growth: the massive online retailer Alibaba looks like the growth stock to beat all others.

Wednesday, 16 Apr 2014 | 8:51 AM ET

CNBC's Jim Cramer weighs in on BofA's quarterly results, and explains why he thinks profits are "pretty good."

Wednesday, 16 Apr 2014 | 8:42 AM ET

Mark Henneman, Mairs & Power executive vice president, shares his top three under-the-radar stock picks.