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US stocks turn higher as oil rebounds; Nike, Darden report strong results

Fri, 03/20/2015 - 10:12am
Stocks were moving higher Friday as oil prices recovered from their decline the previous day.
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Outlook indicates dry conditions, drought in Northern Plains to continue into growing season

Fri, 03/20/2015 - 9:57am
Drought conditions are likely for a good chunk of the Northern Plains this spring because this winter was relatively dry, and farmers gearing up for spring planting are keeping an eye on the sky.
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Fire sweeps through poultry barn on New York farm, killing 50,000 chickens; cause is unclear

Fri, 03/20/2015 - 9:41am
Authorities say about 50,000 chickens have been killed in a fire that swept through a barn at a New York poultry farm near the Canadian border.
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U.S. Stocks Open Higher, Eye Strong Weekly Gains

Fri, 03/20/2015 - 9:36am
U.S. stocks rose at the open Friday, rebounding from the prior day's losses and staying on track for solid weekly gains.
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Biogen Shares Surge On News Of Positive Results From Early Study Of Alzheimer's Treatment

Fri, 03/20/2015 - 9:29am
Biogen Idec shares surged 10% in premarket trade Friday, after the company reported positive data from an early study of an investigational Alzheimer's disease treatment.
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AK Steel expects 1Q loss as higher steel imports prompt lower shipments and higher prices

Fri, 03/20/2015 - 9:18am
Shares of AK Steel fell in premarket trading Friday after the company forecast a first-quarter loss because of lower-than-expected shipments and prices.
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In robocall, NYC mayor urges landlords to put up homeless families in exchange for cash reward

Fri, 03/20/2015 - 9:17am
Mayor Bill de Blasio is asking New York City landlords to make vacant units in their buildings available to homeless families in exchange for cash rewards.
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Graco Agrees To Pay $10 Million Following NHTSA Probe Into Child Seats Recall

Fri, 03/20/2015 - 9:13am
Graco Children's Products, a subsidiary of Newell Rubbermaid , announced it will spend $10 million as part of an agreement it reached with the National Highway Traffic Safety Administration in connection with the company's failure to comply with procedures regarding the reporting of consumer complaint.
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Terror attack set to take toll on Tunisia tourism industry despite 'Je suis Bardo' campaign

Fri, 03/20/2015 - 8:59am
The terror attack in Tunisia that killed 21 people is a fresh blow to the North African nation's tourism industry, which has been struggling ever since the country's revolution of 2011.
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FIFA banks record $2B revenue in 2014, turns total profit of $337M from World Cup in Brazil

Fri, 03/20/2015 - 8:51am
FIFA says it earned record revenue of $2 billion last year, thanks to the World Cup's commercial power.
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With 'Dead Rising' film, a new approach for a live-action video game adaptation

Fri, 03/20/2015 - 8:49am
When a pair of filmmakers first approached video game publisher Capcom about crafting a live-action movie based on their popular zombie series "Dead Rising," they were asked to prove themselves in a very specific way: The creators behind such video game franchises as "Street Fighter" and "Resident Evil" handed the movie producers a game controller.
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KB Home Shares Rally Premarket After Profit, Sales Top Estimates

Fri, 03/20/2015 - 8:45am
KB Home Inc. shares rose 6.4% in premarket trade Friday, after the homebuilder posted better-than-expected profit and revenue for its fiscal first quarter.
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Burger King to introduce grilled beef scented fragrance for 'whopper' burger lovers in Japan

Fri, 03/20/2015 - 8:44am
For hamburger aficionados who can't get enough of it, Burger King has an answer: a grilled burger-scented fragrance.
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Airgas Shares Slump After Profit, Sales Outlook Cut

Fri, 03/20/2015 - 8:42am
Shares of Airgas Inc. slumped in premarket trade Friday, after the industrial gas and welding equipment supplier cuts its fiscal fourth-quarter profit outlook because of disappointing sales since the start of the year.
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Oil Falls Ahead of Key Report Eyed for Supply Cut Clues

Fri, 03/20/2015 - 8:29am
Oil prices fell on Friday ahead of the latest report on oil drilling activity in the U.S. Investors in recent months have been focusing on the number of oil drilling rigs in the U.S. as an indication of eventual supply cuts. The number of rigs has fallen by more than 40% since October.
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Simon Property boosts bid for mall rival Macerich to $16.8 billion; calls offer 'final'

Fri, 03/20/2015 - 8:28am
Mall operator Simon Property boosted its hostile bid for rival Macerich by 5 percent to $16.8 billion and says that will be its best and final offer.
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Switzerland's Holcim, France's Lafarge modify deal described as merger of equals

Fri, 03/20/2015 - 8:25am
Switzerland's Holcim and France's Lafarge have come up with new terms for their merger, which would create the world's largest cement company.
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Strong Dollar Breaks Tiffany's Strong Five-Year Sales Streak

Fri, 03/20/2015 - 8:08am
The luxury jewelry company's quarterly sales fell for the first time in five years, and are expected to continue the leg lower in the current quarter as a result of a strong dollar. Shares of the company dropped ahead of the opening bell.
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Simon Property Ups Final Offer for Macerich to $95.50 per Share

Fri, 03/20/2015 - 8:03am
The largest U.S. shopping mall owner upped its offer to buy smaller rival Macerich Co for $95.59 per share in cash and stock.  A previous offer of $91 per share was rebuffed as the smaller firm adopted a poison pill to prevent a hostile takeover.
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Spain's Banco Sabadell sees its $2.6 billion cash offer for TSB bank accepted

Fri, 03/20/2015 - 8:01am
TSB, Britain's seventh largest bank, has accepted a 1.7 billion-pound ($2.6 billion) cash offer from Spain's Banco Sabadell.
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