U.S. stocks declined in early trade on Wednesday as renewed concerns over the euro zone’s sovereign debt crisis and higher than expected rebuilding costs in Japan weighed on the sentiment.
The companies whose shares are moving in pre-market trade on Wednesday are: Jabil Circuit, Pultegroup, Cintas, Bristol Myers Squibb, Textron, Netflix, Bank of America and Adobe Systems.
Japan's government has said that the cost of March 11 earthquake, tsunami and nuclear radiation woes, which have devastated the country, could reach $309 billion.
Goldman Sachs Group Inc chief Lloyd Blankfein will be called to testify at Raj Rajaratnam's insider trading trial as soon as this week, but prosecutors want to prevent him being questioned about any legal issues facing the bank, according to trial documents.
U.S. stocks pulled back in a sleepy session Tuesday as investors paused after a three day rally that helped the market regain ground after several weeks dominated by unrest in the Middle East and Japan's earthquake.
The companies whose shares are moving in pre-market trade on Tuesday are: Bristol Myers Squibb, Netflix, Aflac, Verizon Communications, Nordstrom, Akamai Technologies, Wynn Resorts, Frontier Communications, Walgreen and Suntrust Banks.
Citigroup announced a 1-for-10 reverse stock split of its common stock and plans to reinstate a quarterly dividend of $0.01 per common share in the second quarter of 2011.
The companies whose shares are moving in pre-market trade on Monday are: Tiffany & Co, Hartford Financial, Coach, Joy Global, EMC Corp, General Electric, Nvidia, Sprint Nextel, American Tower and CF Industries Holdings.
Adobe Flash may struggle to gain adoption on the Post-PC devices including smartphones and tablets as behavioral shift of consumers to apps from web browsing may make Flash less relevant on these devices, according to Global Equities Research.
A former Goldman Sachs Group Inc computer programer was sentenced to eight years in prison on Friday for stealing secret code used in the Wall Street bank's valuable high-frequency trading system.
Goldman Sachs Group Inc will buy back $5 billion of preferred stock from Warren Buffett, ending a costly deal that helped shore up confidence in the bank at the height of the financial crisis.
A former Goldman Sachs Group Inc computer programer was sentenced to eight years in prison on Friday for stealing secret code used in the Wall Street bank's valuable high-frequency trading system.
Former Goldman Sachs Group Inc computer programer Sergey Aleynikov has lost his bid to reverse his December conviction for stealing the Wall Street bank's source code.
The companies whose shares are moving in pre-market trade on Wednesday are: Universal Display, Ascent Solar Technologies, Micron Technology, Deere & Co, Canadian Solar, Online Resources, Applied Materials, Carnival, Starbucks and Apple.
Netflix's shares soar on an analyst report as well as a study from research company NPD Group.
Hedge fund manager Raj Rajaratnam was told in mid-2008 of boardroom talks at Goldman Sachs about whether takeovers of Wachovia Corp or AIG made sense, jurors heard at his criminal trial.
Regardless of whether hedge fund chief Raj Rajaratnam ends up testifying at his criminal trial, jurors are going to hear a lot from him.
Goldman Sachs Group said it is part of a creditor group that may file an alternative plan for dividing up billions of dollars of Lehman Brothers' Holdings assets.
Hospital operator HCA is slated to become the largest-ever private equity-backed initial public offering. HCA is expected to raise $4.06 billion if it prices shares at the midpoint of the proposed range and underwriters exercise their overallotment option in full.
The biggest Wall Street insider trading criminal case in a generation goes to opening statements on Wednesday, when prosecutors and defense lawyers for Galleon Group founder Raj Rajaratnam face off in court.
The biggest Wall Street insider trading criminal case in a generation goes to trial on Wednesday, when prosecutors open their case against Galleon Group founder Raj Rajaratnam whose arrest 16 months ago shook the hedge fund world.
Facebook's ability to tap into social connections will give it edge over Netflix, says analyst
