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Updated: 8 min 22 sec ago
Shares in Airbus suffered their worst drubbing in more than six years on Wednesday after the planemaker predicted flat profits in 2016, a year in which investors had expected it to start feeling the benefit of new and recently upgraded models.
Shares of some top oil companies are down at 1 p.m.: BP PLC fell $.83 or 2.2 percent, to $37.69.
Shares of some top utilities companies are mixed at 1 p.m.: American Electric Power Co. fell $.01 or percent, to $58.86.
Shares of some top staffing companies are mixed at 1 p.m.: Kelly Services Inc. class A fell $.20 or 1.2 percent, to $16.31.
Shares of some top internet companies are mixed at 1 p.m.: Amazon fell $3.93 or 1.3 percent, to $308.57.
Shares of some top leisure companies are down at 1 p.m.: Carnival fell $.25 or .6 percent, to $43.72.
Shares of some top tools and appliances companies are down at 1 p.m.: General Electric Co. fell $.19 or .7 percent, to $25.40.
A look at New York Stock Exchange 10 most-active stocks at 1 p.m.: AT&T Inc. fell .6 percent to $32.68 with 18,071,800 shares traded.
An appeals court ruling in two high-profile insider trading cases could have a chilling effect on federal prosecutors’ long-running campaign to root out the illegal practice on Wall Street.
McDonald's in January will cut eight food products and reduce the number of so-called Extra Value Meals on its U.S. menus in a bid to speed up service and bolster sales, Mike Andres, the company's U.S. president, said on Wednesday.
This year, FedEx plans to deliver some 17,000 trees to more than 60 military bases around the world during the busy weeks leading up to Christmas through the Trees for Troops program, which is celebrating its tenth anniversary.
Discover Financial Services Chief Executive David Nelms said the company will spend more than $35 million in 2015 on new credit cards that contain a computer chip to combat fraud.
Detroit will officially exit the biggest-ever U.S. municipal bankruptcy later on Wednesday, city and state of Michigan officials announced.
IBM Corp. and the state of Indiana are turning to mediation in hopes of settling their dispute over IBM's failed attempt to privatize Indiana's welfare services.
NFL owners will be briefed Wednesday on potential changes to the league's personal conduct policy.
The Rays have reached a deal with St. Petersburg that would allow the team to search for new stadium sites on both sides of Tampa Bay.
Airbus shares have plunged on the Paris stock exchange after Qatar Airways said it would postpone delivery of the first A350 jet "until further notice." Airbus shares slumped more than 10 percent to 43.20 euros in afternoon trading after Qatar Airways, which was due to take delivery of the first A350 on Saturday, announced the fresh delay with no explanation.
The price of oil took another dive Wednesday to new five-year lows after OPEC projected the world will need less of its oil next year.
The House of Representatives will pass a bill on Thursday to fund most of the government through September, Speaker John Boehner said Wednesday.
Crude-oil futures lost more ground Wednesday after the U.S. Energy Information Administration reported a surprise increase in U.S. supplies.