The number of planned layoffs at U.S. firms dipped by less than 1 percent in November, with retail seeing the greatest number of job losses.» Read More
European shares rebounded to a higher close on Thursday, paring losses from when ECB President Mario Draghi confirmed the central bank would not deliver any extra stimulus. The pan-European FTSEurofirst 300 Index closed around 0.5 percent higher.
SAC's Steve Cohen told investors Thursday that the hedge fund would impose compensation clawbacks on scofflaws and drastically limit SAC's contact with public company workers.
The number of Americans seeking unemployment aid fell to 324,000, the lowest since January 2008. The drop points to fewer layoffs and possibly more hiring.
Intel announced that it has named Brian Krzanich to succeed Paul Otellini as the company's new chief executive officer, effective May 16.
The ECB on Thursday cut its main refinancing rate by 25 basis points to 0.5 percent, the first rate cut since July 2012, a move Mario Draghi said should help the economy.
Some of the names on the move ahead of the open.
GM reported better-than-expected earnings, led by its North American business and a smaller-than-anticipated loss in Europe.
The rot spreading through euro zone manufacturers persisted through April, a business survey showed, bolstering expectations for an interest rate cut by the European Central Bank later on Thursday.
The Shanghai Composite moved off a fresh 2013 low on Thursday after HSBC's Chinese manufacturing survey revealed a drop in new export orders for the first time this year, adding to concerns about the global growth outlook.
China's factory-sector growth eased in April as new export orders fell for the first time this year, a private survey showed on Thursday, suggesting the euro zone recession and sluggish U.S. demand may be reining in China's recovery.
The ING US IPO priced at $19.50, below the expected range of $21 to $24 a share.
Yelp reported a narrower loss than in the year-earlier period and its revenue and outlook beat expectations. Shares rose after-hours.
U.S. authorities on Wednesday charged three men with interfering with the investigation of the Boston Marathon bombing.
Facebook posted revenue that surpassed Wall Street forecasts, but earnings were a penny light.
Check out which companies are making headlines after the bell Wednesday:
Visa reported earnings and revenue that beat market expectations. Shares rose after-hours.
Stocks kicked off May with a big thud, with major averages dropping nearly 1 percent across the board, as a batch of weaker-than-expected economic data overshadowed the Federal Reserve's plan to maintain its stimulus program.
The Federal Reserve held fast to its ultra-accommodative monetary policy, solidified by what board members described as an economy weakened by fiscal policy.
Comcast reported earnings that topped Wall Street analysts' estimates by a penny a share on Wednesday, driven by gains in its cable and theme park businesses.
The U.K.'s FTSE 100 Index closed off its session highs on Wednesday, after worse-than-expected employment data was released in the U.S. Trade was thin, with most European bourses shut for the May Day public holiday.