To say that the bankruptcy filing of MF Global and a Greek referendum on its bailout package have unnerved institutional investors would be an understatement. Where's the Dow headed in the next 3-6 months?
Pacira Pharmaceuticals Inc. (NASDAQ: PCRX) said its drug Exparel, which is intended to treat pain following surgery, has been approved by the U.S. Food and Drug Administration. The company expects to launch Exparel in January 2012.
A look at the unsecured debts left behind in the wake of MF Global's bankruptcy show a surprising number of trade credit was owed to media companies.
Prime Minister George Papandreou's shock decision to call a referendum on Greece's bailout drew veiled threats from Germany on Tuesday and hammered markets edgy over the euro zone crisis.
Futures pointed to a lower open on Wall Street on Tuesday, adding to losses in the previous session, with the shock announcement of a Greek referendum on its bailout dragging down markets worldwide.
Asian shares and commodities fell Tuesday, after a shock announcement that Greece will hold a referendum on a new EU bailout deal for the debt-ridden country threw efforts to resolve the euro zone's debt crisis into fresh doubt.
The top after-market NASDAQ stock market gainers are: Neurocrine Biosciences, Leap Wireless International, Winn-Dixie Stores, NPS Pharmaceuticals, and Canadian Solar. The top after-market NASDAQ stock market losers are: Exelixis, Powerwave Technologies, Cavium, Cadiz, and GeoEye.
The top after market NYSE gainers on Monday were: Lloyds Banking Group, Skilled Healthcare Group, Seadrill, Allstate and Swift Energy Co. The top after market NYSE Losers were: Noble Energy, General Cable, Rogers Corp, SM Energy and Hess Corp.
The companies that are expected to see active trade on Tuesday are: Archer-Daniels-Midland, CME Group, Pfizer, Baker Hughes, Emerson Electric, General Cable, Discovery Communications, Fiserv, Rogers Corp, Fidelity National Information Services, Jds Uniphase Corp. and Tenet Healthcare Corp.
Renewed worries about the slow progress in resolving the euro zone's debt crisis dampened investor appetite for risk, sending Asian shares and commodities lower Tuesday while keeping pressure on the euro.
The Japanese intervention took the forex market by storm late Sunday, sending the Japanese yen over 5 percent lower against the U.S. dollar in a little over one hour.
The operator of Canada's largest stock market has thrown its support behind a C$3.8 billion ($3.8 billion) takeover offer from a group of banks and pension funds, embracing the deal four months after a failed attempt to merge with the London Stock Exchange.
The top after market NYSE gainers on Friday were: Martha Stewart Living Omnimedia, Nabors Industries, Canadian Pacific Railway, 3D Systems and Carter's, Inc. The top after market NYSE Losers were: Freescale Semiconductor, China New Borun, Mindray Medical International, Swift Transportation and Jones Lang LaSalle.
Stock index futures pointed to a weaker open for equities on Wall Street on Monday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 down by between 0.6 and 0.9 percent.
Asian shares fell Monday and commodities slipped as the dollar spiked to a three-month high against the yen following Japan's intervention, prompting investors to book profits after last week's rally.
The companies that are expected to see active trade on Monday are: Loews Corp, Humana, Allstate, Anadarko Petroleum, CNA Financial, HCP, FMC, Boardwalk Pipeline Partners, AvalonBay Communities, Cooper Tire & Rubber.
The Nikkei average edged lower, giving up sharp morning gains made after Japanese authorities intervened to curb persistent yen strength as investors locked in profits on concerns the yen won't stay down for long.
$100,000 in cherry sales within 30 minutes of advertising on a Chinese TV network
Investors may want to avoid Groupon Inc.'s high-profile IPO this week because the deals and coupon Web site operator has an unproven earnings record and slow growth, according to Barron's newspaper.
WPP LLC, the world's largest advertising company, sees China overtaking Britain as its second-biggest market in two to four years, its CEO said Sunday.
Battlefield 3 will now compete with “Call of Duty: Modern Warfare 3”.
Kenyan shares vaulted 2 percent on Friday to their highest in five weeks as foreign investors trooped back to riskier assets in search of bargains, while the shilling firmed slightly.
U.S. and European shares took a breather on Friday after a strong rally on a long-awaited euro zone rescue deal, but a weak sale of Italian bonds showed investor confidence in the agreement was shaky.
iPhone 4S has a scratch-resistant oleophobic display.
Hewlett-Packard is set to keep its PC division which it had put up for sale, but it may shut down its webOS division, which was obtained for $1.2 billion in April 2010 when the company bought Palm. As webOS goes, 500 jobs are on the chopping block as well.
Here is a list of 5 questions that will guarantee a weird response from Siri.
Oil prices retreated on Friday in choppy trading as uncertainties about Europe's plan to tackle its debt problems prompted some profit taking after the previous session's rally.
South Africa's rand firmed on Friday and was on course to record its best week in two years, still benefiting from news of a deal towards resolving the euro zone debt crisis.
Europe has staved off an imminent financial crisis and fears of a U.S. double-dip recession may have been overblown. With the Federal Reserve already lowering long-term interest rates through Operation Twist, it seems QE3 is not likely to come.
Canadian stocks looked set to open lower on Friday after rallying more than 2 percent on Thursday, as the investor optimism that followed Europe's latest debt crisis plan began to fade.
