A bid for Sara Lee Corp submitted by an Apollo-led group values the company higher than its current $18.70 share price, Bloomberg reported on Sunday, citing people familiar with the matter.
Citigroup Inc's board raised the salary of Chief Executive Vikram Pandit to an annual base of $1.75 million, from a symbolic $1 per year, the bank said in a regulatory filing on Friday.
Dow and S&P continue to be fueled by General Electric, Exxon Mobil; but Nasdaq slips
US stocks advanced in early trade on Friday as upbeat quarterly results from General Electric and Google and strong German IFO business sentiment data boosted investor sentiment.
The companies whose shares are moving in pre-market trade on Friday are: General Electric, Google, Micron Technology, Sara Lee, American International Group, Schlumberger and Biogen Idec.
Futures on major U.S. indices point to a higher opening on Friday with futures on the S&P 500 up 0.15 percent, futures on the Dow Jones Industrial Average up 0.11 percent and Nasdaq100 futures up 0.15 percent.
The companies which are expected to see active trade on Friday are: Bank of America, Advanced Micro Devices, Google, General Electric, Intuitive Surgical, Schlumberger, International Game Technology, Emulex and Capital One Financial.
The top after-market NYSE gainers on Thursday are: Warner Music Group, American Reprographics, GMX Resources, Energy Transfer Partners and Aspen Insurance Holdings. The top after-market NYSE losers on Thursday are: International Game Technology, Emulex, Medley Capital, Jones Apparel and Kinross Gold.
Mayor Michael Bloomberg warned that if the city of New York does not start tackling its budget deficit problems now, they could haunt the city for decades.
The companies which are expected to see active trade on Thursday are Google, Morgan Stanley, eBay, Seagate Technology, Advanced Micro Devices, UnitedHealth Group, Southwest Airlines and Rockwell Collins.
The top after-market NYSE gainers on Wednesday are: Dillard's, Geo Group, Tetra Technologies, Lee Enterprises, Moneygram International, Equal Energy, Horizon Lines, Main Street Capital, Strategic Hotels & Resorts and American Oriental Bioengineering.
Futures on major U.S. indices point to a lower opening on Wednesday after Goldman Sachs reported a decline in quarterly profit and a government report showed that U.S. housing starts fell more than expected in December.
Goldman Sachs Group Inc's decision to scale back a heavily publicized sale of shares in social network site Facebook shows how the bank risks losing its edge as financial regulation intensifies.
BlackRock , the world's largest money manager, sees investors shifting their investments away from bonds to equities this year, a senior executive told Reuters on Thursday.
Banks will meet in New York City Thursday to make their case for the right to sell the U.S. Treasury's stake in American International Group, three people familiar with the matter said Wednesday.
Banks will meet in New York City on Thursday to make their case for the right to sell the U.S. Treasury's stake in American International Group, three people familiar with the matter said on Wednesday.
In the NYSE on Tuesday, the top after-market gainers are: Zale Corp, Noble Corp, Parker Drilling, H. B. Fuller and Liz Claiborne. The top after-market losers are: Arch Coal, Alumina, Cablevision Systems, Excel Maritime and Kite Realty Group.
In the NASDAQ stock market on Tuesday, top after-market gainers are: lululemon athletic, Vermillion, Matrixx Initiatives, Warren Resources and Sterling Bancshares. The top losers are: Trimble Navigation, Tree.com, Career Education, Patterson-UTI Energy and QLogic Corp.
Stocks pushed modestly higher, buoyed by some better-than-expected earnings results from prominent companies like Alcoa Inc. (NYSE: AA).
The companies which are expected to see active trade on Tuesday are Alcoa, Advanced Micro Devices, Lennar Corp, Supervalu, Apollo Group, Stryker, Intel and Nvid
The top after-market NYSE gainers on Monday are: Nautilus, KKR & Co, Stryker, Lennar and GATX. The top after-market NYSE losers on Monday are: The St. Joe Co, CBIZ, Headwaters, Advanced Micro Devices, MarkWest Energy and Alcoa.
Stocks recovered most of their early losses in light volume and ended slightly lower on Monday as prospects for strong earnings helped counter fears Portugal would be forced into a bailout.