Smithfield Foods, Toll Brothers are big movers (AP)
The following stocks were among those that moved substantially or traded heavily Wednesday on the New York Stock Exchange:
Toll shares rise as Q4 net contracts up 42 percent (Reuters)
The slump in the housing market ended around March, and while there is improvement, it will be slow and fitful, U.S. luxury homebuilder Toll Brothers Incs Chief Executive Robert Toll said on Wednesday.
AIGs Benmosche tells employees he plans to remain (AP)
American International Group Inc.s CEO Robert Benmosche said Wednesday he plans to stay in his job at the embattled insurer.
Wal-Mart to keep stores open to ease Black Friday (AP)
Wal-Mart Stores said Wednesday it will keep its stores open 24 hours and take new crowd-control measures Thanksgiving weekend after a temporary employee was trampled to death in a Black Friday rush last year.
AMD sees better gross margin in 2010 (AP)
Advanced Micro Devices Inc. said Wednesday its gross profit margin should improve next year as chip sales pick up. The worlds No. 2 microprocessor company expects gross margin of 40 percent to 45 percent in 2010.
Stocks edge higher as dollar continues to weaken (AP)
The stock market managed modest gains Wednesday as a weaker dollar lifted gold and oil prices and Federal Reserve officials signaled that borrowing rates would remain low.
Review: New BlackBerry Storm improves on original (AP)
The first touch-screen BlackBerry phone, the Storm, got a few things right, but generally it was a chore to use. Good thing a lot can change in a year. Though not without flaws, the latest version of the device, the BlackBerry Storm2, is the phone Research In Motion Ltd. should have released last year: Its […]
ImmunoGen Chairman Mitchel Sayare steps down (AP)
Biotechnology company ImmunoGen Inc. said Wednesday that Stephen McCluski is replacing Mitchel Sayare as chairman of the board.
Motorola eyes $4.5 billion home/networks unit sale: sources (Reuters)
Motorola Inc is in the early stages of looking into a potential sale of its $4.5 billion television set-top box and network equipment business, two sources said on Wednesday.