Dec 5- The city of Los Angeles has filed a lawsuit against Citigroup and Wells Fargo, seeking damages for a loss in tax revenue due to discriminatory mortgage lending to the city's minority communities, a court filing showed.» Read More
Amgen Inc. rose$. 28 or. 2 percent, to $113.35. Biogen Idec fell$. 90 or. 3 percent, to $284.92. Celgene Corp. rose $4.44 or 2.8 percent, to $164.51.
NEW YORK-- Shares of some top telecom companies were down at the close of trading:. AT&T Inc. fell$. 35 or 1.0 percent, to $34.25. Verizon Communications Inc. fell$. 46 or. 9 percent, to $48.91.
General Electric Co. fell$. 19 or. 7 percent, to $26.45. Snap-On fell$. 49 or. 5 percent, to $104.03. Whirlpool Corp. fell $1.13 or. 8 percent, to $146.95.
Allergan rose$. 58 or. 6 percent, to $96.50. Baxter International Inc. fell$. 07 or. 1 percent, to $66.70. Boston Scientific Corp. rose$. 03 or. 3 percent, to $11.34.
Costco Wholesale Corp. fell $2.02 or 1.6 percent, to $120.95. Target fell$. 68 or 1.1 percent, to $62.63. Wal-Mart Stores Inc. fell$. 78 or 1.0 percent, to $79.44.
American Electric Power Co. fell$. 38 or. 8 percent, to $46.48. Consolidated Edison Inc. Holding Co. fell$. 59 or 1.1 percent, to $54.96. Dominion Resources Inc. fell$. 68 or 1.1 percent, to $63.45.
Apollo Group fell$. 97 or 3.7 percent, to $25.13. Career Education Corp. fell$. 11 or 2.4 percent, to $4.51. Strayer Education Inc. fell$. 40 or 1.1 percent, to $35.33.
Comcast Corp. rose$. 20 or. 4 percent, to $49.08. Walt Disney Co. rose$. 26 or. 4 percent, to $70.23. Gannett fell$. 26 or 1.0 percent, to $25.09.
DETAILS: The company was weighed down by $21.1 million in costs for the sale of its Aime contact lens and solution brand in Japan, which it completed in November. NUMBERS: Cooper's net income fell to $57.4 million, or $1.15 per share, from $71.9 million, or $1.46 per share, last year.
VANCOUVER, Dec 5- Canada must do more to build trust with aboriginal communities to win their support for resource projects such as oil pipelines and natural gas terminals, a government report said on Thursday.
NEW YORK, Dec 5- Investors in U.S.-based funds poured about $31 billion into money market funds in the week ended Dec. 4 on uncertainty over the U.S. stock market's direction, data from Thomson Reuters' Lipper service showed on Thursday.
KIEV, Dec 6- Ukrainian pro- Europe demonstrators vowed to stay on the streets and continue their blockade of government buildings, despite a police threat to crack down "harshly" to enforce a court order that they disperse.
*Storm kills two in Britain, one in Denmark. BERLIN/ LONDON Dec 5- Hurricane-force Storm Xaver blasted towards mainland Europe on Thursday after cutting transport and power in northern Britain and killing three people in what meteorologists warned could be the worst storm to hit the continent in years.
NEWS: Methode Electronics Inc. said Thursday that its fiscal second-quarter net income fell 15 percent due to a one-time legal settlement it booked in the prior-year quarter. Methode Electronics said that it saw sales in its automotive, interconnect and power products segments rise.
SAN FRANCISCO, Dec 5- Alaska Governor Sean Parnell will urge in his fiscal 2015 budget plan that the state tap $3 billion in one of its savings accounts to pay down a combined $11.9 billion unfunded liability in Alaska's two largest pension funds.
WASHINGTON, Dec 5- U.S. budget negotiators were down to the final, most difficult items in a two-year deal to avoid another federal shutdown next month and ease some across-the-board spending cuts set to hit military and domestic programs, congressional aides said on Thursday.
SAN FRANCISCO, Dec 4- Microsoft Corp pledged late Wednesday to fight in court any attempt by U.S. intelligence agencies to seize its foreign business customers' data under American surveillance laws, one of a series of steps aimed at reassuring nervous users abroad.
DETAILS: Pacific Sunwear of California Inc. said sales at stores open at least a year rose 1 percent. NUMBERS: The Anaheim, Calif., company's net income grew to $17.2 million, or 23 cents per share, in the period that ended on Nov. 2.
NEW YORK, Dec 5- A former Dell Inc supply manager who cooperated with government insider trading investigations, including a probe of a portfolio manager at SAC Capital Advisors, avoided prison on Thursday as a result of his cooperation. District Judge Jed Rakoff in Manhattan sentenced DeVore to time served plus two years of supervised release.