stocks

Stories 1 - 20 |  Next >>

Trump Boeing Tweet Came After CEO Criticized Policy

The company's stock nosedived in early trading

(Newser) - The immense power that Donald Trump's tweets now carry was brought home Tuesday morning, when he tweeted a complaint about "out of control" costs for Boeing's new 747 Air Force One jets, saying "Cancel order!"—a move that caused Boeing's stock to fall... More »

$35B Hedge Fund Manager's Secret: Do Nothing

Nevada's Steve Edmundson is a rare find in the investment world

(Newser) - If your visions of high-profile hedge fund managers include frenetic scrambling through paperwork, fielding endless phone calls, and scouring the Internet during never-ending workdays, those don't apply to Steve Edmundson, the investment head of Nevada's $35 billion Public Employees' Retirement System, the Wall Street Journal notes. Where other... More »

Stocks Dip, Await Word From the Fed

Banks are hoping for an interest rate hike

(Newser) - US stocks finished an up-and-down day slightly lower as traders look ahead to this week's meeting of the Federal Reserve , reports the AP . Phone companies and health care stocks posted losses Monday, but banks ended modestly higher as traders hoped that higher interest rates would help them make more... More »

As EpiPen Controversy Erupted, CEO Unloaded $5M in Stock

Heather Bresch sold 100K shares in deal meant to thwart appearance of insider trading

(Newser) - Mylan CEO Heather Bresch has taken her fair share of scrutiny lately over EpiPen's soaring price , her own soaring salary , her dad , and even a since-rescinded MBA from West Virginia University. But even as her company's controversy grew, Bresch did something else that's getting scrutinized: She unloaded... More »

Dow Drops 133 Amid Broad Sell-Off

But LinkedIn shares skyrocket 47%

(Newser) - Wall Street stocks closed lower on Monday with materials, technology, and industrial companies among the hardest hit in a broad sell-off touching all market sectors, the AP reports. Marathon Petroleum fell nearly 7% while Valero Energy and United Continental Holdings both dropped more than 4%. LinkedIn shares soared 47% and... More »

On Quiet Day, Dow Drops 8

Monsanto up 4% after unexpected offer from Bayer

(Newser) - Stocks closed slightly lower Monday after a day of wavering between small gains and losses, the AP reports. Many traders were waiting on the sidelines for more clues about what the Federal Reserve might to at its next policy meeting in June. Last week many were surprised to hear that... More »

Dow's Monday Gains? All Gone

In fact, the whole market has a bad day

(Newser) - Stocks closed lower on Wall Street on Tuesday and undid a rally from the day before, the AP reports. Consumer goods companies and utilities fell the most. Kraft Heinz dropped 4% and Consolidated Edison fell 2%. The losses were broad. Nine of the 10 sectors of the Standard and Poor'... More »

Dow Spikes by Triple Digits

Tech, energy stocks lead the way

(Newser) - Solid gains in energy and technology stocks led Wall Street higher on Monday, breaking a three-day losing streak, the AP reports. Oil companies rallied Monday after the price of crude oil climbed 3%. Marathon Oil jumped 4% and Devon Energy also rose 4%. Apple led tech stocks higher with a... More »

In Rebound, Dow's Up 117

Wynn Resorts, Apollo Education have a good day

(Newser) - Stocks closed solidly higher Monday as the market regained some ground it lost last week, the AP reports. Casino operator Wynn Resorts jumped 7%, one of several consumer stocks to post big gains. Apollo Education, which runs the University of Phoenix, jumped 12% Monday after a group of investors raised... More »

Apple 'Cheerleader' Icahn Dumps All His Stock

Billionaire is worried about China's influence, barriers against company

(Newser) - Just a few years ago, Carl Icahn opened his wallet to invest in Apple, calling such a move a "no-brainer," and became what the Guardian calls a "huge cheerleader" for the tech company. But that all changed this week as the billionaire investor made a decision to... More »

Dow Skids by 26

Xerox takes 13% hit after grim report

(Newser) - US stocks are closing lower Monday as investors found little to like in the latest batch of company earnings. Xerox slumped 13% after reporting a plunge in earnings and cutting its profit forecast, and Perrigo, an Irish drug maker, dropped 18% after cutting its own earnings outlook, citing lower prices... More »

Dow Spikes 106, Energy Sector Gains Ground

Hasbro jumps 6%

(Newser) - Major US stocks indexes are closing higher, led by a recovery in the energy sector. The market had started lower on Monday as the price of oil sank, but turned higher in morning trading and stayed higher for the rest of the day. In addition to energy stocks, health care... More »

Dow Falls by 20 After Early Gains

Investors have low hopes for earnings reports

(Newser) - US stocks gave up an early gain and closed slightly lower as investors hold dim expectations for company earnings. The Dow Jones industrial average had been up more than 150 points but faded in the afternoon Monday. The average slipped 20 points, or 0.1%, to 17,556. The Standard... More »

Dow Drops 55, Stock Soars for Virgin America

Stocks sink overall on slow day for Wall Street

(Newser) - Stock indexes are ending mostly lower in a relatively quiet day of trading on Wall Street. Homebuilder PulteGroup sank 7% Monday on news that the company's CEO will retire next year as part of a management shakeup. Virgin America jumped 40% after agreeing to be acquired by Alaska Air.... More »

Dow Ekes Up 19 Points

It's the slowest day of US trading this year

(Newser) - Stocks closed mostly higher in quiet trading, led by gains in consumer companies. Media stocks rose Monday, as did hotel companies, but energy companies lost ground along with the price of oil. Starwood and Marriott climbed as Chinese insurance company Anbang Insurance Group made another effort to buy Starwood. Avon... More »

Stocks Pick Up After Shaky Morning

Health care and telecommunications stocks rise

(Newser) - Stocks shook off an early loss on Monday to notch their fourth consecutive gain in a row. Investors had their eye on the latest string of deal news, as well as a new report showing US home sales slumped last month, the AP reports. Telecommunications and health care stocks were... More »

Dow Rises 15 Ahead of Big Fed Meeting

But most US stocks hold steady

(Newser) - US stocks barely budged Monday, finishing mixed as lower oil prices pulled energy companies lower while hotels and travel-related companies rose. Trading was quiet ahead of the Federal Reserve's meeting later this week, which is expected to shed some light on the possibility of a future increase in benchmark... More »

Dow Falls 123, Erasing Gains

Nine of 10 market sectors take a tumble

(Newser) - Late-day selling pushed US stocks to a loss for the day and erased nearly all of the market's gains for the month. Nine of the 10 market sectors fell Monday—only utilities managed a slight gain—as investors lost enthusiasm for stocks after two straight weekly gains. Health care... More »

CDC: Cancer Risk From Flooring 3 Times What We Thought

Lumber Liquidators' stock dives after revised CDC report on formaldehyde levels

(Newser) - A certain type of laminate flooring made by Lumber Liquidators may up the risk of cancer, and the company's stocks are taking a beating, CNNMoney reports. Shares fell by up to 24% Monday morning, per Bloomberg and Reuters , after the CDC issued a revised report that found health effects... More »

Stocks Fall Sharply Amid Bank, Tech Selloff

Facebook sinks 4% and Amazon 3%

(Newser) - A steep sell-off in stocks got a little less bad by the end of the day, but it still left indexes down sharply for the second day in a row. Banks and technology shares fell sharply Monday. Facebook sank 4% and Amazon, which more than doubled last year, lost 3%.... More »

Stories 1 - 20 |  Next >>

AROUND THE WEB