Flash memory chipmaker SanDisk Corp's shares fell 15 percent on Friday after the company warned that a glut in the memory chip market will hurt prices for the rest of the year.
IBM's revenue fell slightly short of Wall Street expectations, sending its shares down almost 2 percent in late trade even as the company beat quarterly profit expectations and boosted its full year earnings target.
American manufacturing output slipped in March and groundbreaking on homes fell, casting a shadow over the economic outlook.
Groundbreaking on homes fell unexpectedly in March but permits for future construction rose to their highest level in 3-1/2 years, giving a mixed message for one of the economy's weaker sectors.
U.S. home construction fell 5.8 percent in March even with the help of warmer-than-normal weather in the month, but new building permits jumped to the highest level since September 2008.
Google Inc shares tumbled 4 percent on Friday as Wall Street ignored the Internet search giant's plans to split its stock and focused on a decline in advertising rates and other worrisome business trends.
Stocks fell Friday on disappointing Chinese economic data and renewed concerns over Spain's rising borrowing costs.
Stock index futures fell on Friday as concerns over Spain's rising borrowing costs resurfaced and after disappointing Chinese growth data, and banks fell after quarterly results.
Stock index futures fell on Friday as concerns over Spain's rising borrowing costs resurfaced and after disappointing Chinese growth data, and banks fell after quarterly results.
Stock index futures fell on Friday as concerns over Spain's rising borrowing costs resurfaced and after disappointing Chinese growth data, and banks fell after quarterly results.
Stock index futures fell on Friday as concerns over Spain's rising borrowing costs resurfaced and after disappointing Chinese growth data, and banks fell after quarterly results.
The selloff in U.S. stocks accelerated on Tuesday, as the Dow and S&P 500 dropped for a fifth day, with the pullback coming on the cusp of earnings season.
Avon Products Inc named Johnson & Johnson senior executive Sherilyn McCoy to be its new CEO, presenting Coty Inc with another hurdle in its $10 billion bid for the world's largest direct seller of cosmetics.
Avon Products Inc named Johnson & Johnson executive Sherilyn McCoy as its new CEO, ending a four-month outside search for a fresh face to refocus the company and turn around sales at home and abroad.
Avon Products Inc named Johnson & Johnson executive Sherilyn McCoy as its new CEO, ending a four-month outside search for a fresh face to refocus the company and turn around sales at home and abroad.
Just last year, Andrea Jung was among the most powerful women in the world. On Monday, Avon announced her replacement as chief executive -- Sherilyn McCoy, a 30-year veteran of Johnson & Johnson.
