Same Store Sales Decline at WMT, Futures Down
Wall Street advanced Wednesday on the quiet holiday session. Major averages were led higher by advancing and solid data from overseas in hopes that a global recovery is picking up steam. The blue... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Stocks Fall as Dollar Gains… Same Cycle as Before the Crash of 2008
Market Summary A gain in energy inventory and a stronger dollar sent the dollar pegged sectors lower on Thursday, sending the street to losses on the major averages. As the blue chips went for their... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Elron Electronics plans to delist from Nasdaq (AP)
Elron Electronic Industries Inc., whose subsidiaries produce products ranging from medical devices to defense electronics, said Thursday it intends to voluntarily delist from Nasdaq, effective Jan. 6.
Advanced Auto Parts, Tetra Tech are big movers (AP)
The following stocks were among those that moved substantially or traded heavily Thursday on the New York Stock Exchange:
Blockbuster loss wider than expected, shares drop (Reuters)
Blockbuster Inc , the largest U.S. movie rental chain, posted a larger-than-expected third-quarter loss it said was due primarily to write-offs of debt financing costs and the sale of its Irish unit, and its shares plummeted 12 percent.
Stocks fall on energy shares, consumer worries (Reuters)
The Dow industrials six-day winning streak came to a halt on Thursday as a drop in oil prices pulled energy stocks lower and a guarded outlook from Wal-Mart fanned worries about consumer spending.
Movers roundup: Northwest Pipe, The Buckle (AP)
Northwest Pipe Co. shares tumbled after the maker of welded steel pipes said it has delayed the release of its third-quarter financial results, but that it expects to post a $1 million loss.
Cephalon, Barr settle Fentora dispute (AP)
Cephalon Inc. will give Barr Pharmaceuticals Inc. a license to sell a generic version of the pain drug Fentora in 2018 as part of a patent lawsuit settlement, according to a Securities and Exchange Commission filing Thursday.
Report: Playboy in talks to be sold, shares jump (AP)
Shares of Playboy Enterprises Inc. soared Thursday on a report that the men's magazine publisher is in talks to sell its business to Iconix Brand Group Inc.
Intertape Polymer to delist shares from NYSE (AP)
Intertape Polymer Group Inc. said Thursday it plans to voluntarily delist its shares of common stock from the New York Stock Exchange, but will continue to list its shares on the Toronto Stock Exchange.