Caterpillar Inc. (NYSE: CAT), the world's biggest heavy machinery maker, will pay about $447 million to Mitsubishi Heavy Industries Ltd. to gain sole control of their joint venture, Caterpillar Japan Ltd.
Shares of Yelp (NYSE: YELP) the San Francisco-based review Web site, soared as much as 73 percent to $26 in their first hour of trading Friday.
Anheuser-Busch InBev NV (NYSE: BUD) and two Chinese brewers are in the hunt for the operations on sale by China's Kingway Brewery Holdings.
AT&T has advised its mobile-device customers that those among the top 5 percent of data users will have to start paying more for monthly service . Smartphone customers who download 3 gigabytes of data monthly qualify and will be subjected to slower service.
Shares of Yelp (NYSE: YELP), the San Francisco-based review website, soared 61 percent in their first hour of trading Friday.
Yelp, the San Francisco-based review website, raised $107 million in its initial public offering and priced its shares $1 above prior expectations.
Futures on the S&P 500 edged lower in light volume Friday but were still on track to close their ninth straight week of gains, the longest such run since January 2004. Investors will focus on oil prices as U.S. crude hovers near $107 a barrel a day after hitting a 10-month high above $110 on supply concerns in the Middle East.
The top aftermarket NYSE losers Thursday were: Country Syl Ckng Restaurant Chain, BlackRock International, DCP Midstream Partners, Kraton Performance Polymers, Ivanhoe Mines Ltd, Blackstone Group, Laredo Petroleum Holdings, Footlocker and VALE S.A.
The top aftermarket NYSE gainers Thursday were: Symetra Financial Corp, Alon USA Energy, Brunswick Corp, Heckmann Corp, FelCor Lodging Trust Inc, V.F. Corp, Petroquest Energy, Genesco Inc and Mueller Water Products.
Advanced Micro Devices (NYSE: AMD), the No. 2 maker of microprocessors, said it plans to acquire SeaMicro, a private developer of low-power microservers, for $334 million.
Chevron executives met this week with Russian government representatives about possible oil exploration by the U.S. company in Russia's Arctic.
Occupy Wall Street drew a top U.S. security agency's scrutiny, Rolling Stone reported, as protesters across the country tried to revive the movement in a day of action against corporate greed.
The top aftermarket NYSE gainers Wednesday were: Kosmos Energy, Endeavor International, Clear Channel Outdoor Holdings, FXCM Inc, Diana Shipping, Sequans Communications, Babcock & Wilcox, Schawk, ANN Inc and TRC Companies.
The top aftermarket NYSE losers Wednesday were: Kennametal Inc, Sothebys, Red Lion Hotels Corp, Terreno Realty Corp, Sally Beauty Holdings, MBIA, Nu Skin Enterprises, Martha Stewart Living Omnimedia, American Water Works Co and Hertz Global Holdings.
Like scorned lovers, Bank of America (NYSE:BAC) and Fannie Mae, the government-controlled mortgage giant, are having a very public falling out.
Shares of Apple (NYSE: AAPL) spent most of Wednesday above the $500 billion market capitalization mark as they also sit a new record of $647.61.
General Motors Co. said Wednesday that the company has entered into a long-term and broad-scale alliance with French automaker PSA Peugeot Citreon to share vehicle platforms, components and modules and jointly purchase goods and services from suppliers. As part of the agreement, GM will purchase a 7 percent stake in Peugeot.
General Electric derided the new report by Citizens for Tax Justice as biased and inaccurate.
The Dow Jones Industrial Average crossed 13,000 at Tuesday's market close, while the S&P 500 rose above 1,370, but a bullish psychological impact could actually drag down the market in days to come.
Gold plunged 3.8 percent Wednesday after the dollar firmed and investors took profits from a recent jump in the price of the yellow metal.
Goldman Sachs Group Inc., Wells Fargo & Co. and JPMorgan Chase & Co. have been warned by the Securities and Exchange Commission that they might face inquiries tied to mortgage-backed securities offered to investors several years ago.
Stock index futures edged up on Wednesday after European banks absorbed more than half a trillion euros as part of an effort to stabilize the euro zone's financial system.
