The top aftermarket NYSE gainers Wednesday were: Xueda Education Group, LyondellBasell Industries, Northstar Realty Finance, Molycorp, Pioneer Natural Resources, Parker Drilling, Safeway, Southwestern Energy, Huntsman Corp and Quicksilver Resources.
A U.S. court has awarded $920.3 million in damages to Wilmington, Delaware-based chemical giant DuPont (NYSE:DD) after ruling that South Korea's Kolon Industries Inc. had violated trade secrets relating to DuPont's Kevlar fiber, Reuters reported Nov. 23.
Latest data on new claims for unemployment sent mixed signals to the market, showing that while the week ended Nov. 19 was the third straight week for initial claims to hold below 400,000, a mark that most economists believe is essential for the economy to add more jobs than it is shedding, application for jobless insurance increased 2,000 to 393,000.
Wedbush Securities said UnitedHealth Group Inc. (NYSE: UNH) expects earnings growth in 2012 but flat or declining Commercial and Medicaid earnings; this implies strong Optum and Medicare Advantage growth will drive 2012 earnings growth.
Retailers face the official beginning of holiday shopping season on Black Friday, which falls on Nov.25, a day after Thanksgiving.
The parent corporations are considering a public float of Nokia Siemens shares in order to dispose of the struggling subsidiary.
The Federal Communications Commission (FCC) announced that it intends to effectively block AT&T's (NYSE:T) proposed $39 billion acquisition of T-Mobile by referring the matter to an Administrative Law Judge (ALJ) for review.
Cigna Corp. (NYSE:CI), which recently received antitrust clearances for its $4 billion acquisition of HealthSpring, Inc. (NYSE:HS), has now three distinctive growth drivers for 2012-2013.
The failure of the U.S. Congressional Super Committee to reach a deal on reducing the budget deficit by $1.2 trillion over 10 years implies that uncertainty over defense spending is set to continue in to 2012.
Gold prices have recouped its losses as the failure of the U.S. congressional committee to reach a deal on reducing the budget deficit and the ongoing eurozone crisis brought back the bargain hunters.
The U.S. Department of Justice said it is reviewing statements and actions by big banks and their trade associations to see if they have violated antitrust laws through coordinated action to raise consumer debit card fees. But experts say an actual investigation is fairly unlikely.
Stocks fell for a fifth day in a row on Tuesday, having lost more than 5 percent over that period as borrowing costs in Spain hit another record high.
The collapse in Netflix's valuation is part of a wider wave of grievous losses being felt by shares of companies focused on virtual commerce. After riding a surge of investor enthusiasm to valuation peaks in mid-summer,companies like Netflix and Travelzoo had nowhere to go but down. Short-sellers, chomping at the bit to make bets against the stocks' heady fundamentals, are not exactly helping.
The combination will create the largest bourse in Asia -- with listed stocks having a value of $3.6-trillion.
Deutsche Bank has lowered its profit estimates of Hewlett-Packard Co. (NYSE:HPQ) saying that profit centers of the company's major businesses are structurally handicapped and turnaround will be long and slow.
The fight for the 2012 tax season has begun among the companies who provide tax services -- H&R Block Inc. (NYSE: HRB) and Intuit Inc. (INTU).
The top after-market NYSE gainers are: ING Group, Zale Corp, Acco Brands, Dycom and E-House. The top after-market NYSE losers are: Jinko Solar, Collective Brands, Trina Solar, Republic Services and Accretive Health.
America may seem to be at the forefront of innovation and technology, but when it comes to credit card payment systems, we're still a step behind.
RBC Capital Markets said the completion of initial debt exchange and sale of additional non-strategic assets will strengthen the balance sheet of Bank of America Corp.
Digital China Holdings, an IT vendor, said it was looking at acquiring targets in China's IT service sector and AsiaInfo-Linkage Inc. (NASDAQ:ASIA), hiSoft Technology International (NYSE:HSFT) or VanceInfo Technologies (NYSE:VIT) could be the beneficiaries of this development.
United Parcel Service Inc. (NYSE: UPS) plans to increase 2012 rates by 4.9 percent for ground package shipping, air shipping and, U.S.-origin international shipments, the company announced Friday. New pricing takes effect Jan. 2, 2012.
Twenty-five percent of respondents to a survey by Wells Fargo & Co. (NYSE:WFC) said they expect to work until they are 80 in order to be able to retire comfortably. The current life expectancy in the United States is 78.1 years on average, meaning those respondents expect to work full-time two years longer than most people live.