Shares of MGIC Investment Corp fell nearly 10 percent, a day after the largest U.S. mortgage insurer said two units of Bank of America Corp filed a complaint for declaratory relief against it in the Superior Court of the State of California.
The Dow and S&P indexes fell on Wednesday, threatening to break a three-day run-up, after data showed new home sales fell unexpectedly in November.
The euro recovered from early losses on Friday after Pakistan dismissed rumors of a coup while Asian stocks fell as investors fretted about the outlook for corporate earnings.
Palm Inc reported a wider-than-expected quarterly loss as consumer demand for its smartphones was hurt by increased competition, sending shares down 4 percent on Thursday.
Citigroup Inc shares fell to their lowest level in four months on Thursday, a day after the bank's $20 billion stock and bond offering drew a cool reception on Wall Street and prompted the U.S. Treasury to delay plans to start selling off its Citi holdings.
Citigroup Inc shares fell sharply on Thursday, a day after the bank's $20 billion stock and bond offering drew a cool reception on Wall Street and prompted the U.S. Treasury to delay plans to start selling off its Citi holdings.
FedEx Corp forecastprofit for the current quarter below analysts' expectations, casting doubt on the sustainability of its holiday volume surge and sending the package delivery giant's shares down more than 5 percent.
Rite Aid Corp posted its 10th straight quarterly loss as customers cut back on discretionary purchases and the drug store chain worked on refreshing its stores to reignite sales growth.
FedEx Corp forecast third-quarter profit below analysts' expectations, sending the package delivery giant's shares down 3.6 percent in premarket trading.
G-III Apparel Group Ltd (GIII.O) said its offering of 1.7 million common shares was priced at $19.50 apiece, a discount of 8 percent to the stock's previous close.
Iconix Brand Group Inc is breaking off talks with Playboy Enterprises (PLA.N) after figuring it would be too complicated to separate the Playboy brand from other assets, Bloomberg reported, citing people familiar with the matter.
Top U.S. electronics chain Best Buy Co said gross margins during the holiday season would fall short of expectations as it sells more discounted goods like flat-screen televisions, sending shares down 8 percent.
Volvo, the world's second biggest truck maker, said on Tuesday its deliveries fell 37 percent in November on a year ago, and down 7 percent on the previous month, with no signs yet of an upturn.
Top U.S. electronics chain Best Buy Co reported a higher-than-expected quarterly profit, but its shares fell after it said gross margins in the current holiday quarter would be lower than it had expected.
Retailers looking for a big surge in customer traffic the week after Christmas may be disappointed by a new survey that shows an unusually low number of consumers plan to shop in the post-holiday week.
The cost of insuring Dubai sovereign debt plummeted by more than 120 basis points on Monday after the emirate surprised markets with an announcement that it had obtained a $10 billion lifeline from neighbouring Abu Dhabi to help repay some of its debt. [ID:nLDE5BD0FV]
Two companies' shares fell in their debuts on the New York Stock Exchange on Friday, capping a week of poor performance for initial public offerings as investors grow choosier at year-end.
Oil and gas company U.S. Energy Corp (USEG.O) said its offering of 5 million shares was priced at $5.25 apiece, a 6 percent discount to the stock's close on Thursday.
Independent oil and gas company Energy XXI (Bermuda) Ltd said its offering of 90 million common shares would be priced at $1.90 apiece, generating funds to buy assets from a unit of Mitsui & Co Ltd.
Texas Instruments Inc on Tuesday raised its fourth-quarter earnings target and said revenue would be at the high end of its forecast range, but its shares fell almost 2 percent as some investors had even higher expectations.
Texas Instruments Inc said on Tuesday its fourth-quarter earnings and revenue would be at the high end of its target range, but its shares fell almost 2 percent as some investors had higher expectations.
Diversified manufacturer 3M Co issued a cautious initial outlook for 2010 on Tuesday, saying tight credit market conditions and other headwinds would make any broad economic recovery patchy and slow.
