China's imports surged in October as exports grew at their slowest rate in months, suggesting efforts to tilt the economy toward domestic demand may be offsetting the external weakness that has dragged on economic growth this year.
Wedbush Securities said Lexicon Pharmaceuticals Inc.'s (NASDAQ: LXRX) phase 2a LX2931 for rheumatoid arthritis data presented at ACR confirm safety and support testing of higher doses.
Jefferies said Adobe Systems Inc. (NASDAQ: ADBE) used its Analyst Day to outline major changes to its business model, product portfolio and technology focus.
Stock index futures pointed to a rebound on Wall Street on Thursday, with futures for the S&P 500 up 1.1 percent, Dow Jones futures up 0.9 percent and Nasdaq 100 futures up 1 percent at 4:47 a.m. ET.
The top after-market NASDAQ Stock Market gainers are: ChinaCast Education, PriceSmart, Sanderson Farms, Alaska Communications Systems Group, Crimson Exploration, and Cisco Systems. The top after-market NASDAQ Stock Market losers are: Neurocrine Biosciences, Green Mountain Coffee Roasters, Pegasystems, Rovi, OPNET Technologies, and Oclaro.
World stocks hit a three-week low and the euro tumbled across the board while top-rated government bonds rallied on Thursday as fears of a break-up of the euro zone gathered pace ahead of a key debt sale in Italy.
“Check out me give our goalkeeper a lesson of Fifa 12!” Wilshere later wrote on his Twitter page.
Asian stocks fell around 3 percent on Thursday after soaring Italian borrowing costs stoked fears that the debt crisis in the euro zone's third biggest economy will overwhelm its financial defenses, raising the risk of a break-up of the currency area.
Asian stocks fell sharply Thursday after soaring Italian borrowing costs stoked fears the debt crisis in the euro zone's third biggest economy will overwhelm its financial defenses, raising the risk of a break-up of the currency area.
Cisco Systems, the world’s biggest supplier of Internet equipment, reported first-quarter results that slightly beat expectations because of new sales to telecommunications carriers.
U.S. stocks plummeted Wednesday in a global stampede toward investments perceived as capable of withstanding a severe European downturn, or worse.
Now that Groupon has finally gone public, raising $700 million through its Nov. 4 IPO, how about some others in the pipeline as well as the king of them all, Facebook?
Maidenform Brands, Inc. (NYSE:MFB) badly missed Wall Street estimates for quarterly results released Wednesday, as the company faced sagging demand for the bras that support the bulk of its sales. The company's results, specifically its breakdown of sales growth by retailer type, painted an unflattering picture of a consumer economy weighed down by recessionary pressures.
Fire broke out on Wednesday on the Okordia/Rumuekpe oil pipeline in Nigeria and some production has been shut down, but the blaze has since been put out, a spokesman for operator Royal Dutch Shell said.
Gabon's oil union ONEP has re-launched talks with the government on a dispute over the use of expatriate labour, averting for now the threat of a strike in the sector.
SABMiller's Zimbabwe unit registered a 46 percent increase in earnings in the half-year to September, driven by strong beverage sales growth as the country's economy continues to recover.
South African assets fell on Wednesday when investors were spooked by a ratings outlook downgrade of the domestic economy, which added to market fears over the euro zone debt crisis.
Global markets stampeded Wednesday after the bond market signaled that Europe's third-largest economy can no longer survive without a rescue.
The top pre-market NASDAQ Stock Market gainers are: SodaStream International, Yongye International, KIT digital, Universal Display, and City Telecom HK. The top pre-market NASDAQ Stock Market losers are: Rovi, Blue Nile, STEC, Alaska Communications Systems Group, and China GrenTech.
Toronto's main stock index looked set to open lower on Wednesday, hurt by weaker commodity prices as doubts about Italy's ability to tackle its debt problems persisted even after Prime Minister Silvio Berlusconi pledged to resign.
Canadian miner Timmins Gold Corp (TMM.TO: Quote) swung to a second-quarter profit as it sold more gold at higher prices.
Quebecor Inc's (QBRa.TO: Quote) third-quarter profit fell 69 percent, hurt mainly by a charge related to its move toward a new accounting method and higher costs.
Jefferies said PMC-Sierra Inc.'s (NASDAQ: PMCS) cloud/storage and mobile backhaul overcome wireline weakness.
After swallowing months of cost increases that have eaten into their bottom lines throughout 2011, the nation's largest restaurant chains are positioning themselves to dish out incremental price increases to patrons over the next couple of months.
European stocks were lower at midday Wednesday as mounting concerns over Italy's debt kept investors on edge, following an early rally sparked by Silvio Berlusconi's pledge to step down as Italy's prime minister.
Barclays Capital believes that iCloud could be Apple Inc.'s (NASDAQ: AAPL) most important new service since the launch of iTunes in 2003.
The top after-market NASDAQ Stock Market gainers are: Universal Display, EZCORP, HMS Holdings, Smart Balance, and Silicon Graphics International. The top after-market NASDAQ Stock Market losers are: Rovi, Powell Industries, STEC, Blue Nile, and Rubicon Technology.
European shares looked set to follow Asian equities higher Wednesday and the euro steadied after Italian Prime Minister Silvio Berlusconi said he would resign, raising hopes the debt-ridden country would proceed with reforms that may keep Europe's debt crisis from spreading.
Activision Blizzard, Inc. and Take-Two Interactive both beat Wall Street consensus Tuesday, as the companies each reported better-than-expected sales for the current quarter. However, the similarities between the companies' results end there.
The Kenyan shilling gained against the dollar on Tuesday aided largely by banks selling greenbacks as high interest rates squeezed shillings out of the market, while stocks edged lower in thin volumes.
