Stephen Colbert, who hosts Comedy Central's The Colbert Report, has received approval from the Federal Election Commission (FEC) to form his own Super PAC.
An analyst says Ford had an impressive sales month in June. The auto industry will report its numbers Friday. Ford's stock climbed as much as 4 percent on the news.
Lloyds Banking Group plc (NYSE: LYG) said it will slash 15,000 more jobs – about 14 percent of its current workforce -- in an attempt to save about £1.5-billion ($2.4-billion) by 2014 and return the British lender to profitability.
The companies whose shares are moving in pre-market trade on Thursday are: Royal of Bank Scotland Group, Celestica, JA Solar Holdings, GT Solar International, Dendreon, Hess Corp, TJX Companies, Transocean, Allegheny Technologies and Centurylink.
Spreadtrum Communications, Inc (NASDAQ: SPRD) held a conference call to address questions raised in Muddy Waters’ open letter. Jefferies said Spreadtrum's management provided great detail on its history, management & auditor changes, product mix, income taxes, the MobilePeak acquisition and accounting practices.
The much-debated proposal to implement the Durbin amendment cap on debit-card interchange fees came in focus once again Wednesday as Fed raised the debit interchange rate cap to 21 cents.
The top after-market NYSE losers on Wednesday are: Callaway Golf, Transocean, Cameron International, Banco Santander Brasil, Tidewater, AU Optronics, Royal Bank Scotland Group, HealthSouth, Steelcase and Tenet Healthcare Corp.
The top after-market NYSE gainers on Wednesday are: USANA Health Sciences, Visa, Celestica, Lithia Motors, Ion Geophysical, AOL, Mastercard, Office Depot, Carnival Corp and Arrow Electronics.
Leonard Green & Partners and CVC Capital Partners have agreed to buy BJ's Wholesale Club for $2.8 billion. The move is expected to pit BJ's in more direct competition against Costco in the wholesale club wars as the firms push BJ's, in only 15 states to growth.
U.S. stocks were mixed in early trade on Wednesday with Nasdaq turns negative after Greece’s parliament approved key austerity bill to prevent a debt default.
The companies whose shares are moving in pre-market trade on Wednesday are: Bank of America, AK Steel Holding, Archer Daniels Midland, Analog Devices, Legg Mason, Monsanto, United States Steel, KB Home, General Mills and Family Dollar Stores.
Bank of America (NYSE:BAC) is nearing an $8.5 billion settlement with high-profile investors over mortgage loans, according to people familiar with the matter.
The top after-market NYSE gainers on Tuesday are: Sealy Corp, MBIA, Zale Corp, Alcatel Lucent and McMoRan Exploration. The top after-market NYSE losers are: Shaw Group, OMNOVA Solutions, Alon USA Energy, Ashford Hospitality and Fairchild Semiconductor International.
An analyst says the U.S. government should not yet sell its shares in General Motors. The government wants out for political reasons.
BMO Capital Markets has downgraded Motorola Mobility Holdings (NYSE:MMI) to underperform from market perform, citing declining market share and margins.
Industry analyst says Bank of America shares are undervalued for the long term.
Sony Corp. (NYSE: SNE) initially pulled its content down from Netflix Inc. (NASDAQ: NFLX) streaming service on June 17, resulting from a temporary contract issue between Sony and Starz, according to Netflix’ blog.
Barclays Capital has addressed the reasons it believes shares of Apple Inc. (NASDAQ: AAPL) have underperformed the sector since February. Apple stock has fallen 3.82 percent between February 1 and June 24.
Perhaps the time has come to turn the page on Warren Buffett's leadership role
Amazon.com got big, fast on the heels of sales tax breaks in most states in the U.S. That may be ending in more states soon, threatening the company's sales and earnings.
Ford's $1 billion investment in Lincoln is a direct attack on Toyota's luxury Lexus brand
Some companies will win, some companies will lose as growth slows in the American economy and inflation rises. Here's a list of five winners, and five losers.