The Dutch technology company plans to sell down all its shares in the lighting business in the coming years to focus on its medical equipment division.
Normally when a company issues and sells shares, the value of those shares falls. But these are not normal times in the oil and gas sector.
Asian markets opened slightly lower Monday as investors attempted to determine what China's slowdown would mean.
Bank of America and Apple had the most shares traded Monday, when the Dow opened up by dropping by 1,000 points.
Nine of the 10 S&P 500 sectors traded lower, led by a more than 1 percent decline in consumer discretionary due to a drop in media stocks.
A report on a fake news site called bloomberg.market caused Twitter Inc.'s stock to jump Tuesday.
U.S. stocks were under sharp pressure Wednesday, even before a trading glitch at the New York Stock Exchange.
The New York Stock Exchange unexpectedly halted trading Wednesday for more than three hours, due to a technical issue.
All trading on the New York Stock Exchange was shut down without immediate explanation Wednesday morning.
The index's recent gains have been powered by biotech stocks.
There were signs that Wall Street was losing faith in Dick Costolo's ability to make Twitter a social network that could capture a broader audience.
The Dow came within roughly 25 points of its all-time high, set earlier this week.
The tech-heavy index came within 13 points of its all-time closing high last seen during the dotcom bubble in 2000.
The beauty company is exploring a strategic alternative, according to the Wall Street Journal.
Halliburton's plan to pay $34.6 billion for Baker Hughes will combine the second and third largest global players in oil field services.
The e-commerce giant took so long to begin trading on Friday due to a quirk of the NYSE, explained the trader who pressed the button to kick off the IPO.
American and African economists, politicians, business and nonprofit leaders are convening this week to discuss Africa's economic growth.
Shares of the U.S. magazine company were down in midday trading Monday, following a debut marred by a lack of enthusiasm for print.
Because new reports show compensation for American executives is actually growing but it doesn't always come in the form of a salary.
Hillshire Brands said the deal gives it "leading positions in key frozen, refrigerated and center of store grocery categories."
Time Warner will spin off its magazine company with an IPO on June 6. Time Inc. will trade on the NYSE under the symbol "TIME."
Markets should be influenced by more big-ticket earnings announcements scheduled for the day.