Exchange operator Nasdaq OMX is trying to gain support for a legislative proposal that would give it a competitive edge over both rival exchanges and banks that operate anonymous trading venues known as "dark pools."
Activist investor Carl Icahn announced Thursday he was sweetening a takeover offer for independent petroleum refiner CVR Energy Inc. (NYSE:CVI), proposing to buy all outstanding shares of the company, in cash, at $30 a share.
The top aftermarket NYSE gainers Wednesday were: Northstar Realty Finance, Trinity Industries, Teavana Holdings, Terex Corp and Gardner Denver. The top aftermarket NYSE losers were: Hanesbrands, Hovnanian Enterprises, Agilent Technologies, Zale Corp and Cliffs Natural Resources Inc.
Japan Airlines will order 10 additional 787 airplanes from the Boeing Co. (NYSE:BA) , it said on Wednesday.
Deere & Company (NYSE:DE), the world's largest maker of farm tractors and combines, forecasts lower prices for corn, wheat, soybeans and cotton in 2012 and 2013. Deere also expects a drop in U.S. farmers' income for the year.
Deere & Co., the world's largest maker of farm tractors and combines, reported a 3.7 percent fiscal first quarter earnings increase that topped analysts' estimates, as U.S. farmers flush with cash update aging fleets.
The top aftermarket NYSE gainers Tuesday were: Hartford Financial Services, First Majestic Silver Corp, Lions Gate Entertainment, ING Group, Rosetta Stone and MetLife. The top aftermarket NYSE losers were: Renren Inc, Lone Pine Resources, Sunrise Senior Living, FXCM, FMC Technologies and China Unicom.
The precious metals market followed Wall Street's skid today, as gold and companies that peddle it were driven down by underwhelming retail figures in the U.S., and ongoing concerns over Greece and the Eurozone.
Websites of exchange operators Nasdaq and BATS have been attacked by hackers over the last 24 hours, causing ongoing disruptions for those trying to use the sites, spokespersons for the companies said on Tuesday.
Avon Products Inc. (NYSE:AVP), the cosmetics maker, hired consultant McKinsey & Co. to cut costs in its American operations in the wake of a fourth quarter loss, Bloomberg reported.
General Motors is expected to report lower fourth-quarter earnings per share as struggling European operations of the top U.S. automaker offset strong domestic sales.
Sales at U.S. retailers climbed slightly in January as Americans took advantage of post-holiday promotions, and although Tuesday's data fell short of economists' median projection, it still provided yet another hopeful sign of a strengthening economy.
The top aftermarket NYSE losers Monday were: Masco Corp, Quantum Corp, Calgon Carbon, Brink's, Calpine Corp, HealthSouth Corp, Gol Linhas Aereas Inteligentes and Carbo Ceramics.
The top aftermarket NYSE gainers Monday were: EnergySolutions, Rackspace Hosting, Health Management Associates, Excel Maritime Carriers, Michael Kors Holdings, Nielsen Holdings, HyperDynamics Corp, Magnum Hunter Resources Corp and Superior Energy Services.
Barrick Gold Corp. (NYSE:ABX), the world's largest gold producer, is expected to report an increase in 2011 earnings on strong gold prices and controlled costs.
Deere & Co., the world's largest maker of farm tractors and combines, is expected to report strong fiscal first quarter results as U.S. farmers flush with cash update aging fleets and Deere's products gain greater acceptance in Brazil.
Sales at U.S. retailers probably climbed in January as Americans bought more new cars and shoppers took advantage of post-holiday promotions, a sign that the U.S. economy is recovering, economists said before a report this week.
The top aftermarket NYSE gainers Friday were: National Bank of Greece, LinkedIn Corp, Dolby Laboratories, Alliance One International and Vmware. The top aftermarket losers were: Cobalt International Energy, Global Cash Access Holdings, Talisman Energy, C.R. Bard and NYSE Euronext.
Sprint CEO Dan Hesse said his company might benefit from the collapse of the AT&T bid for T-Mobile USA.
NYSE Euronext signaled it would shift focus to faster-growing areas like supplying computer systems and information from trading, as the U.S. exchange looks to an independent future following the collapse of a takeover by Deutsche Boerse.
Futures on major U.S. indices point to a lower opening Friday after eurozone finance ministers asked Athens for more cuts to release the second bailout package.
The top aftermarket NYSE Losers Thursday were: Leapfrog Enterprises, Overseas Shipholding Group, Gardner Denver, Roundy's, Flowers Foods, Lions Gate Entertainment, Eagle Materials, Sterlite Industries India, DAQQ New Energy Corp and Skilled Healthcare Group.
