Wall Street was heading for its worst week in nearly a year, with index futures little changed on Friday as macroeconomic concerns keep markets volatile and overshadow the start of U.S. corporate earnings season.
July started on a positive note for U.S. stocks with Wall Street notching its fifth day of gains on Friday after a surprising jump in manufacturing data eased concerns about a tepid economic recovery.
Stocks rallied on Friday for a fifth day and were on track to record their best week in nearly a year, after a surprising jump in manufacturing data eased concerns about a tepid economic recovery.
Stocks advanced for a fifth straight session on Friday and were poised to record their best week in nearly a year after data showed the U.S. manufacturing sector grew faster than expected in June, helping to dispel some recent gloom about the economy.
Stocks were set to post their best week in nearly a year on Friday as investors looked ahead to key national manufacturing data, with confidence growing that the economic slowdown could be temporary.
The companies whose shares are moving in pre-market trade on Friday are: Oshkosh Truck Corp, Corning, Sirius XM Radio, American Tower Corp, Marathon Oil, Cablevision Systems, Eastman Kodak, Radioshack, MEMC Electronic Materials and General Mills.
The top after-market NYSE gainers on Thursday are: Oshkosh Truck, Phoenix New Media, National Bank of Greece, Hovnanian Enterprises and Beazer Homes. The top after-market NYSE losers are: Eastman Kodak, SouFun Holdings, CapitalSource, China Ming Yang Wind Power and Noble Corp.
Tropicana Resort is taking a new, sexy strategy to overcome losses
Atlantic City casino has paid out $11 million to two gamblers since April
Activist investor Carl Icahn cut his stake in video game publisher Take-Two Interactive Software Inc, sending its shares down as the move dampened hopes for a quick company takeover.
Unofficial 2012 presidential hopeful Donald Trump just encountered his first personal challenge: questions regarding his string of corporate bankruptcies.
Satellite television company Dish Network Corp said it won an auction for video rental chain Blockbuster Inc offering about $320 million, trumping rival offers including that of billionaire investor Carl Icahn.
A bankruptcy auction for movie rental chain Blockbuster Inc kicked off with a $284 million bid from Dish Network Corp on Tuesday, quickly topped by bids from rival groups led by billionaire Carl Icahn and hedge fund Monarch Alternative Capital
Blockbuster Inc has received five qualifying bids at a bankruptcy auction that will determine whether the movie rental chain will stay in business or shutter its roughly 1,700 remaining stores, a lawyer for the company said.
Satellite television company Dish Network Corp and billionaire investor Carl Icahn have submitted bids for bankrupt movie rental chain Blockbuster Inc , the Wall Street Journal reported, citing people familiar with the matter.
Mentor Graphics Corp said a takeover proposal by its biggest shareholder Carl Icahn undervalues the company, and this is not the time to put the chip-design software maker up for sale.
A Manhattan federal judge dismissed part of a lawsuit by Lions Gate Entertainment Corp against Carl Icahn that accused the activist investor of plotting to merge the studio with Metro-Goldwyn-Mayer.
Billionaire investor Carl Icahn on Wednesday said he signed an agreement with power company Dynegy Inc that would allow him to buy up to 19.99999 percent of the company while retaining his voting rights.
Billionaire hedge fund manager Carl Icahn said he plans to return all of his clients' money, becoming the latest in a string of investors who no longer want to manage money for outsiders.
Billionaire activist investor Carl Icahn has taken a 9.08 percent stake in Clorox Co , calling the stock undervalued given the company's big brands, sending its shares up more than 9 percent to a new high.
Dynegy Inc defended its attempt to sell itself for $665 million to billionaire Carl Icahn, arguing on Thursday that weak market conditions could force the power company into a liquidity crisis if the deal was not completed.
The independent studio behind the hit Twilight films wants a judge to force bankrupt movie rental chain Blockbuster Inc to pay its bills or force it to into liquidation, according to court documents.