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Arena weight-loss trial met goals, but shares fall

Arena Pharmaceuticals Inc said its experimental obesity drug, lorcaserin, met the goals of a second late-stage study, but its shares dropped more than 15 percent as the results fell short of a U.S. Food and Drug Administration guideline.

San Francisco home sales fall in August

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Home sales in the San Francisco Bay area fell 14.3 percent in August from July as buyers found fewer bargains due to a slimmer inventory of foreclosed properties, MDA DataQuick said on Thursday.

Clarcor shares fall on weak results, outlook

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Shares of Clarcor Inc fell as much as 6 percent on Thursday, a day after the filtration products maker reported lower-than-expected third-quarter results and cut its full-year earnings forecast. We believe (the) shares will remain range bound pending the company's ability to meet and exceed expectations and are maintaining our 'hold' rating, said analyst Jeffrey Hammond of KeyBanc Capital Markets.
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US natgas rigs fall for first time in 8 weeks

The number of rigs drilling for natural gas in the United States fell 2 this week to 699, the first fall in eight weeks, according to a report on Friday by Baker Hughes in Houston.
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Oil prices fall below $71 as OPEC gathers

Oil prices fell below $71 a barrel Wednesday, after rising more than $3 the previous day, as OPEC ministers were expected to maintain official output unchanged at their meeting in Vienna.
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Service sector on the mend, jobless claims fall

The contraction in the U.S. services sector eased last month, with a gauge of activity hitting its highest point in nearly a year, a further suggestion that a modest economic recovery was under way.
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Netflix, Blockbuster shares fall on YouTube deal

Shares of movie rental companies Netflix Inc and Blockbuster Inc fell on Thursday, dragged down by news that online video site YouTube is talking with several major movie studios about renting movies, analysts said.
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Family Dollar sales miss goals; shares fall

Family Dollar Stores Inc saw quarterly sales grow less than expected, as store reorganizations it undertook across the country interrupted some shopping, and its shares fell nearly 9 percent.
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New U.S. jobless claims fall, services sector mends

New applications for jobless benefits in the United States fell last week, while activity in the services sector was at its strongest in nearly a year in August, suggesting a modest recovery from recession had started.
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IQE sees H2 sales up; shares fall on profit-booking

British technology firm IQE Plc forecast a significant growth in sales during the second half and beyond with trading returning to pre-recession levels, but its shares fell 11 percent as investors booked profits.
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U.S. private job losses, planned layoffs fall

The United States lost fewer private sector jobs in August than in the prior month while companies also planned fewer layoffs, suggesting modest improvement in the beleaguered U.S. labor market.
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U.S. planned layoffs fall, 2009 total hits 1 million

Planned layoffs at U.S. firms fell in August, suggesting less stress on the labor market and improvements in consumer spending and the broader economy in the coming months, a report released on Wednesday showed.
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GM U.S. August sales fall 20.2 percent

General Motors Co [GM.UL] posted a 20.2 percent drop in U.S. sales in August from a year earlier, the highest sales of the year, supported by the U.S. government's
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Wall Street set to fall as manufacturing data eyed

Stock index futures pointed to a lower open on Tuesday as ongoing concerns over the strength of an economic recovery looked set to eclipse a report expected to show U.S. manufacturing expanded in August.

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