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CNBC Franchise Archive US: Trading

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  • *Baidu slumps after results miss expectations. China's top securities regulator said on Monday that Beijing would keep buying shares to stabilize the market, after the steepest decline in Chinese stocks in eight years. Baidu slumped as much as 17.7 percent to $162.72 after China's biggest Internet search company's quarterly profit missed estimates.

  • *Baidu slumps after results miss expectations. Baidu slumped as much as 17.7 percent to $162.72 after China's biggest Internet search company's quarterly profit missed estimates. United Parcel Service rose 3.9 percent to $98.85 after the company's quarterly profit rose.

  • NEW YORK, July 28- U.S. The rout in China's stock market has heightened concern that the world's second-largest economy is heading for trouble despite emergency measures by the government to prop up prices. "Treasuries selling started with the overnight trading after Chinese equities bounced off their lows, and that helped release some of the safe-haven bid in...

  • Grain higher and livestock higher Tuesday, 28 Jul 2015 | 10:42 AM ET

    CHICAGO— Grain futures were higher Tuesday in early trading on the Chicago Board of Trade. Wheat for September delivery was 6 cents higher at $5.0840 a bushel; December corn was. 50 cent higher at $3.8420 a bushel; December oats were 1 cent higher at $2.40 bushel; while November soybeans were 10 cents lower at 9.4320 cents a bushel. October live cattle was 1.30 cents...

  • *Baidu slumps after results miss expectations. The Nasdaq composite opened higher but turned negative shortly, dragged down by Baidu's 14.6 percent slump after China's biggest Internet search company's quarterly profit missed estimates. Wall Street sank on Monday after the steepest decline in Chinese stocks in eight years increased concerns about...

  • NEW YORK— SuperValu said Tuesday that it may spin off its discount grocer Save-A-Lot into a separate publicly traded company as competition in the industry intensifies. Shares of SuperValu Inc. jumped more than 10 percent in late trading Tuesday. SuperValu Inc. has been getting smaller in recent years, selling its Albertsons, Jewel-Osco and other chains.

  • *Baidu slumps after results miss expectations. *Pfizer, Ford rise after results. Wall Street sank on Monday, for the fifth straight day, after the steepest decline in Chinese stocks in eight years increased concerns about slowing growth in the country.

  • Airgas beats Street 1Q forecasts Tuesday, 28 Jul 2015 | 7:42 AM ET

    RADNOR, Pa. _ Airgas Inc. on Tuesday reported fiscal first-quarter profit of $88.2 million. Airgas expects full-year earnings to be $4.90 to $5.05 per share. Airgas shares have dropped 16 percent since the beginning of the year, while the Standard& Poor's 500 index has stayed nearly flat.

  • Higher paint, window sales boost Masco's 2Q earnings Tuesday, 28 Jul 2015 | 7:34 AM ET

    TAYLOR, Mich.— Shares of Masco, the company behind Behr paint and Delta faucets, jumped Tuesday after the home improvement products maker posted better than expected earnings for its second quarter. New paint products and higher demand for its KraftMaid cabinets and Milgard windows helped boost results, Masco said. Masco reported net income of $105 million, or 30...

  • LabCorp tops Street 2Q forecasts Tuesday, 28 Jul 2015 | 7:21 AM ET

    BURLINGTON, N.C. _ Laboratory Corp. of America Holdings on Tuesday reported second-quarter profit of $168.4 million. LabCorp expects full-year earnings in the range of $7.75 to $8 per share. LabCorp shares have climbed 13 percent since the beginning of the year, while the Standard& Poor's 500 index has stayed nearly flat.

  • SINGAPORE, July 28- U.S. crude futures fell towards $47 a barrel, close to a four-month low, in early Asian trade on Tuesday after a stock market sell-off rattled investors, adding to concerns of an oil supply glut, although a weaker dollar put a floor under prices. *U.S. crude for September delivery dropped 30 cents to $47.09 a barrel as of 0020 GMT, after ending the...

  • *Oil prices, commodities lower following China equity selloff. *Teva, Allergan jump after $40.5 bln deal. U.S.-listed shares of Chinese companies slid, including Alibaba and Baozun.

  • Teva and Restaurant Brands are big market movers Monday, 27 Jul 2015 | 4:25 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:. Teva Pharmaceuticals Industries Ltd., up $10.15 to $72. Restaurant Brands International Inc., up $1.41 to $41.50.

  • NEW YORK, July 27- U.S. "The overnight action with the flight to quality in China, and Europe as well, is a continuation of a larger move in the last six to eight trading sessions of a relentless flattening of the yield curve," said Edward Acton, U.S. Treasuries strategist at RBS Securities in Stamford, Connecticut.

  • Plum Creek Timber tops 2Q profit forecasts Monday, 27 Jul 2015 | 4:10 PM ET

    SEATTLE _ Plum Creek Timber Co. on Monday reported second-quarter net income of $21 million. Plum Creek Timber expects full-year earnings to be $1.05 to $1.20 per share. Plum Creek Timber shares have dropped 6 percent since the beginning of the year, while the Standard& Poor's 500 index has stayed nearly flat.

  • *Oil prices, commodities lower following China equity crash. *Teva, Allergan jump after $40.5 bln deal. The NYSE showed 459 stocks at 52- week lows, the most in a day since Oct. 15.

  • Shanghai market records biggest daily loss since 2007. Wall Street was down on worries over China's slowing growth, crystallized by a stunning 8.5 percent fall in shares in Shanghai that also rattled equity markets in Europe and Asia. China's top securities regulator quickly said the government would continue to buy shares to stabilize the stock market as an...

  • NEW YORK— French drugmaker Sanofi said Monday it will pay up to $300 million to buy a thyroid cancer drug from British competitor AstraZeneca. Sanofi's Genzyme unit will pay $165 million for Caprelsa, and it agreed to make another $135 million in milestone payments based on regulatory development and sales targets. U.S.-traded shares of Sanofi fell 43 cents to...

  • US STOCKS-Wall St slumps after China stocks stumble Monday, 27 Jul 2015 | 12:34 PM ET

    *Teva, Allergan jump after $40.5 bln deal. July 27- Wall Street began the week in the red on Monday and fell sharply on concerns about China's slowing growth in the wake of the biggest drop in Shanghai shares in eight years. China's top securities regulator, China Securities Regulatory Commission, said on Monday that Beijing would continue to buy shares to...

  • US STOCKS-Wall St dips after China stocks tumble Monday, 27 Jul 2015 | 11:19 AM ET

    *Teva, Allergan jump after $40.5 bln deal. July 27- Wall Street began the week in the red on Monday and fell sharply on concerns about China's slowing growth in the wake of the biggest drop in Shanghai shares in eight years. Chinese ADRs including Alibaba, Baozun, Sohu.com and JD.com slid.