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Updated: 36 min 40 sec ago
U.S. stocks opened higher on Tuesday, recovering some of the steep losses suffered during the previous week.
J.C. Penney Co. Inc. said it will introduce kitchen and laundry appliances in 22 pilot stores across the San Antonio, San Diego, and Tampa, FL markets starting Feb. 1.
American International Group Inc.'s stock ran up 1.7% in premarket trade Tuesday, after activist investor Carl Icahn issued an open letter to the insurer's board, again pushing for a break-up of the company.
Markets do not follow a calendar, nor should they be followed by one. A well-diversified investment portfolio should not be touched - only rebalanced due to market movement.
Rouse Properties Inc.'s stock soared 26% in premarket trade Tuesday, after the real estate investment trust said it received an unsolicited buyout bid from Brookfield Asset Management for $17 a share.
Shares of Incyte Corp. surged 4% in premarket trade Tuesday, after Eli Lilly & Co. said it will make a $35 million milestone payment to the biopharmaceutical company following the companies' submission of a new drug application for a rheumatoid arthritis treatment.
American International Group Inc. said Tuesday it is raising its global commercial property limits to $2.5 billion per occurrence from $1.5 billion in a move prompted by growing demand for capacity.
Wal-Mart-Stores Inc. said on Tuesday that it will accept Visa Inc. credit cards at Sam's Club locations starting Feb. 1. Sam's Club has more than 650 stores in the U.S. and Puerto Rico.
Global Water Resources Inc., a Phoenix, Ariz.-based water management company, filed to go public Tuesday morning.
Fitbit Inc.'s stock target was lowered to $30 from $48 at SunTrust Robinson Humphrey on Tuesday, though analyst Robert Peck reiterated a buy rating on the stock, saying the company's long-term fundamentals remain strong.
Starbucks Corp. said it will give its mobile app customers access to the Spotify music streaming service starting Tuesday.
Procter & Gamble Co.'s stock climbed 1.8% in premarket trade Tuesday, after the consumer products giant was upgraded at Stifel Nicolaus, which cited expectations of accelerating sales and attractive valuation and dividend yield.
Johnson & Johnson said it would cut up to 6% of its workforce in its medical-devices division as part of an effort to cut $1 billion in annual costs.
Bank of America reported a 9.8 percent rise in profit for the final quarter of the year, helped by lower expenses.
Morgan Stanley reported a fourth-quarter profit, compared with a year-earlier loss, as its legal costs plunged and compensation expenses fell..
China's central bank said on Tuesday that it will inject over 600 billion yuan ($91.22 billion) to help ease a liquidity squeeze.
Twitter suffered a major interruption Tuesday, with some users unable to log on to the social-media service for more than two hours.
UnitedHealth Group reported a better-than-expected quarterly profit, helped by strength in its Optum pharmacy benefit management business.
Unseasonably warm weather and rising supply will keep the crude oil market oversupplied until at least late 2016, the International Energy Agency said in its monthly report on Tuesday.
U.S. equity futures surged after China's central bank moved to inject more liquidity into the market after a batch of weak economic data.