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Updated: 23 min 44 sec ago
Standard & Poor's on Thursday downgraded Elizabeth Arden Inc.'s corporate credit rating to CCC+ from B, a two-notch move that sends it deep into junk territory.
The U.S. Consumer Product Safety Commission has announced a recall of about 14,000 hammock stands sold exclusively at Bed Bath & Beyond Inc. due to a falling hazard.
Defense contractor Lockheed Martin Corp. said Thursday its board has approved an increase to its share buyback authorization of $3.0 billion.
President Barack Obama will meet with Russian President Vladimir Putin early next week in New York at Putin's request, White House spokesman Josh Earnest said Thursday.
Shares of Activision Blizzard Inc. fell after touching a 52-week high of $31.70, the only S&P 500 component to reach the milestone Thursday.
BMW denied a report out of Germany that one of its vehicles emits a higher level of pollutants than allowed under European rules. Automakers like BMW are facing scrutiny after revelations that Volkswagen skirted U.S. emissions laws.
Oil prices rose as much as 1% on Thursday, boosted by inventory draws at the U.S. crude futures' delivery hub although gains were capped by tumbling equity prices on Wall Street.
Shares of home builders extended their recent selloff, as investors shrugged off data showing that new home sales surged much more than expected to the highest level in over seven years.
A New York-based investment advisor has been fined $275,000 for its involvement in a scheme to profit from the manipulation of Barnes & Noble stock.
The healthier growth picture might help persuade an apparently reluctant Federal Reserve to raise rates later this year. But it might not.
The video division of Time Inc. on Thursday said it has launched "Sports Illustrated Films," a series of original sports video programming to bolster its content slate.
Gold prices surged higher on Thursday as some investors sought to gird themselves from disappointing economic data and declines in U.S. stocks by purchasing the haven asset.
Investors were slightly more optimistic about the stock market in the short term but only edged out bearish investors by a small margin, according to a survey by the American Association of Individual Investors published Thursday.
Several emerging-market currencies were at or near record lows against the dollar Thursday as risk-averse sentiment gripped global financial markets.
Shares of Twitter Inc. fell 5% Thursday after Citi analysts lowered their price target to $30 from $37. Citi analysts also lowered its 2016 ad revenue forecast and maintained a neutral rating but added a "high-risk component" to the rating.
The U.S. Energy Information Administration reported
Volkswagen will fire three top executives on Friday, a senior source said, as the German carmaker tries to recover from a scandal over its rigging of U.S. vehicle emissions tests.
New U.S. single-family home sales rose more quickly than expected in August on the back of a strong upward revision for the prior's month's growth.
General Electric said it had reached an agreement with Britain's export credit agency to access export financing of up to $12 billion, allowing the creation up to 1,000 jobs.
The machinery and equipment giant announced plans to cut more than 10,000 jobs over the next three years as it continues to feel the impact from weakness in the energy and construction markets.