The top after-market NASDAQ gainers Thursday were: Arena Pharmaceuticals, Inc., Brooks Automation, Inc., Orexigen Therapeutics, Inc., Mindspeed Technologies, Inc. and Leap Wireless International, Inc. The top after-market NASDAQ losers were: Amtech Systems, Inc., American Public Education, Inc., Codexis, Inc., Nuance Communications, Inc. and SciClone Pharmaceuticals, Inc.
Asian markets fell on Friday as concerns surrounding Greece, weak industrial output growth in China and JP Morgan's trading loss dampened sentiments.
Freddie Mac (OTC: FMCC), the second-largest U.S. mortgage guarantor, said Thursday it was appointing Donald Layton, the former head of E*Trade as its CEO.
AngloGold Ashanti Limited (NYSE: AU), the largest gold miner in Africa, said Thursday its profit more than doubled in the first quarter, when compared to year ago results, despite decreased output.
New Labor Department data suggests a strong start to jobs growth in January may not get wiped out by negative growth heading into the third quarter.
Fragrance maker Coty Inc. increased its bid to buy troubled Avon Products Inc. (NYSE: AVP), the world's largest direct sales beauty company, to around $10.7 billion on Thursday, putting more pressure on Avon's board to negotiate.
Federal Reserve Chairman Ben Bernanke, speaking via teleconference to a Chicago bankers' conference, took an uncharacteristic swipe at community banks on Thursday, suggesting that those institutions might not be as sure-footed as their balance sheets would have them appear.
Japan?s current account surplus fell 8.6 percent in March compared to a year earlier, thanks largely to higher energy costs, the country?s Finance Ministry revealed Thursday. A stronger-than-desired yen is also weighing on export growth and it makes Japanese goods less competitive.
Apple Inc. (NASDAQ: AAPL) and its primary iPad and iPhone supplier, Foxconn Technology Company Ltd. (Taipei: 2354), will share the costs of improving labor conditions inChinese factories, Foxconn CEO Terry Gou said.
U.S. 30-year fixed-rate mortgage rates hit a new record low in the week ending May 10, following lower Treasury bond yields and weaker economic data in April, mortgage financier Freddie Mac said Thursday.
The U.S. trade deficit widened to $51.8 billion in March, up from a revised February figure of $45.4 billion, the U.S. Department of Commerce reported Thursday.
Fewer Americans than expected filed for jobless benefits last week, calming some concerns about the jobs market recovery after a disappointing April employment report. However, many signs point to the fact that companies are still very cautious about adding workers.
The companies whose shares are moving in pre-market trade Thursday are: Aegon N.V., Banco Santander, Alpha Natural Resources, Cisco Systems, CGG Veritas, Arena Pharmaceuticals Inc and Unilever plc.
Asian markets fell Thursday as weak exports data from China and concerns surrounding Greece and Spain dampened sentiments.
The Bank of Canada has unveiled their new $20 bill. The impossible to copy $20 polymer bank note features an updated design of Queen Elizabeth II and Canada's National Vimy Memorial and incorporates the latest in anti-counterfeiting technology. So why were focus groups appalled?
Anti-austerity momentum in Greece continued to weigh down markets with the prospect of the country defaulting or leaving the euro. Spain?s Ibex 35 Index lost 3 percent, led by bank stocks, while its 10-year yields rose more than 6 percent over banking-sector concerns.
The entity set up by eurozone countries to provide emergency funds for member nations in crisis has agreed on Wednesday to issue a payment of 5.2 billion euros ($6.7 billion) to Greece -- but not before bickering about it.
Freddie Mac, the second-largest mortgage guarantor, will announce the appointment of Donald Layton, former head of E*Trade Financial Corp., as a new CEO as early as Thursday, the Wall Street Journal said.
Macy's, Inc. (NYSE: M), the national retailer that counts department stores brands Macy's and Bloomingdale's in its portfolio, reported earnings Wednesday that exceeded expectations, but still disappointed Wall Street, which was looking for higher guidance from the company on future earnings.
Toyota Motor Corporation (NYSE: TM) reported a 30 percent drop in income for its fiscal year ended March 31, but the company is nevertheless making headway down the road to recovery from last year's earthquake in Japan and floods in Thailand as income for January-March 2012 increased by a factor of five.
Fannie Mae (OTC: FNMA), the government-controlled mortgage giant that was brought to its knees during the housing crisis, said Wednesday it had net income of $2.7 billion in the first quarter as home prices declined at a slower rate than in the previous quarter, and its book of business improved.
GlaxoSmithKline Plc (NYSE: GSK) will begin a $2.6 billion hostile takeover bid for Human Genome Sciences (NASDAQ: HGSI), the company announced Wednesday.
Wholesalers increased their stockpiles modestly in March, but by less than economists had expected, as the value of petroleum stocks dropped by the most in nearly two years.
The companies whose shares are moving in pre-market trade Wednesday are Demand Media Inc, Arena Pharmaceuticals Inc, Fossil Inc, Banco Santander, EXCO Resources Inc, Ford Motor Company and Newmont Mining.
Stock index futures pointed to a lower open on Wall Street on Wednesday, with futures for the S&P 500 down 0.6 percent, Dow Jones futures 0.3 percent weaker, and Nasdaq 100 futures off 0.5 percent at 04:54 a.m. EDT (0854 GMT).
Japanese automaker Toyota Motor Corp said Wednesday that its net profit for the three months ending March 31 surged five times compared to a year earlier as the car market picked up in the US.
Asian markets fell Wednesday as concerns over the future of Greece in the Eurozone and the looming debt crisis rose.
As a small business owner, I know the importance of understanding and relating to customers. My business, which ships specialty sauces, salsa and soups around the country, is all about knowing what my customers like.
Post-election uncertainty in Greece pushed investors away from stocks and commodities, lowering German and U.S. bond yields and eroding the euro's value as investors sought the dollar. France's benchmark CAC 40 Index erased its Monday gains, which had confounded investors. The reality sank in a day late as euro zone uncertainties that popped up over the weekend took root. Greek stocks have lost 10 percent of their value so far this week.
U.S. gasoline is getting cheaper. In the last four weeks, the average weekly U.S. retail price of regular unleaded gas has fallen 4 percent, according to the Energy Information Administration.
