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Updated: 42 min 26 sec ago

High-frequency Trading Firm Pays $16 Million To Settle SEC Charges

Wed, 09/17/2014 - 10:23am
High-frequency trading firm Latour Trading LLC agreed to pay the Securities and Exchange Commission a $16 million fine for breaking a rule about net capital levels, the agency said.
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Homebuilder Sentiment Climbs to Highest Level in Nine Years

Wed, 09/17/2014 - 10:03am
The National Association of Home Builders' gauge of homebuilder confidence rose to its highest level since November 2005 in September.
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Home-builder Confidence Highest In Almost Nine Years

Wed, 09/17/2014 - 10:00am
A gauge of confidence among home builders rose in September to the highest level since November 2005, increasing four points to 59, according to National Association of Home Builders/Wells Fargo data released Wednesday.
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US attorney general to propose more rewards, agents to fight Wall St crime

Wed, 09/17/2014 - 9:38am
U.S. Attorney General Eric Holder plans to say in a speech Wall Street whistleblowers who provide prosecutors with evidence of financial fraud should get larger rewards.
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AG Holder to Call for Bigger Rewards for Wall St. Whistleblowers

Wed, 09/17/2014 - 9:36am
Wall Street whistleblowers who provide U.S. prosecutors with evidence of financial fraud should get larger rewards for their efforts, U.S. Attorney General Eric Holder plans to say in a speech on Wednesday, according to a Justice Department official.
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Net Element To Integrate Apple's Pay Services, Shares Soar

Wed, 09/17/2014 - 9:36am
Shares of Net Element soared 45% in early-morning trade Wednesday, after the mobile payments services company said it will enable its merchants to accept Apple's payment services.
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Judge Orders Week-Long Break in Detroit Bankruptcy Trial

Wed, 09/17/2014 - 9:28am
U.S. Bankruptcy Judge Steven Rhodes ordered a week-long break in Detroit's bankruptcy trial on Wednesday, giving the last major objector to the city's restructuring plan time to rework its case.
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Microsoft Boosts Dividend 11%, Adds New Directors

Wed, 09/17/2014 - 9:02am
Microsoft Corp (NASDAQ:MSFT) on Tuesday announced the smallest percentage increase in its quarterly dividend since 2009 and appointed new directors to replace two board members who decided not to seek re-election.
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Report: U.S. Weighing Options if Oil-Export Ban Challenged

Wed, 09/17/2014 - 8:47am
Obama administration officials are concerned about the legality of a ban on oil exports and have begun discussing how to deal with potential challenges from nations that want to buy U.S. crude, two sources said.
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Family Dollar Rejects Dollar General's 'illusory' Tender Offer

Wed, 09/17/2014 - 8:44am
Family Dollar Stores said Wednesday its board of directors have unanimously rejected the rival discount retailer Dollar General's unsolicited and "illusory" tender offer, and affirmed its support of it merger agreement with Dollar Tree .
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DuPont Has Had 'constructive' Dialogue With Trian

Wed, 09/17/2014 - 8:40am
DuPont said Wednesday it remains committed to its strategic plan to drive growth and profitability and increase value for shareholders, responding to a letter from activist investor Trian Fund Management LP that urged a breakup of the company.
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Consumer Prices See First Decline Since April '13

Wed, 09/17/2014 - 8:34am
Prices for consumer goods fell for the first time in a year and a half in August and underlying inflation pressures were muted.
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U.S. Consumer Prices Fall For First Time In 16 Months

Wed, 09/17/2014 - 8:30am
U.S. consumer prices fell in August for the first time in 16 months, largely because of a decline in the cost of filling up at the gas station, the government reported Wednesday.
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U.S. Current Account Deficit Shrinks 3.7% In Second Quarter

Wed, 09/17/2014 - 8:30am
The U.S. current account deficit fell by 3.8% to $98.5 billion in the second quarter from a revised $102.2 billion in the first quarter, the Commerce Department said Wednesday.
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Activist Wants DuPont Split in Two

Wed, 09/17/2014 - 8:23am
Activist investor Nelson Peltz's Trian Fund Management LP, among the biggest shareholders in DuPont , has called on the chemical conglomerate to separate its high-growth businesses from those that generate strong cash flows.
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Sony Deepens Loss Estimate on Struggling Smartphones

Wed, 09/17/2014 - 8:08am
Sony Corp on Wednesday sharply deepened its net loss estimate and said it would not pay a dividend this fiscal year for the first time since it listed in 1958 after it was hit by a massive impairment charge for its struggling smartphone division.
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Lennar posts higher-than-expected profit as home sales rebound

Wed, 09/17/2014 - 8:04am
Lennar Corp, the second largest U.S. homebuilder, reported a higher-than-expected quarterly profit as it sold more homes at higher prices, and its shares rose about 6 percent in premarket trading.
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General Mills Profit Slides 25% as Sales Decline

Wed, 09/17/2014 - 8:00am
General Mills Inc, the maker of Cheerios cereal and Betty Crocker cake mixes, reported a 25 percent fall in quarterly profit as sales fell for the fourth straight quarter and merchandising costs rose.
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FedEx Shares Rally After Better-than-expected Profit, Sales

Wed, 09/17/2014 - 7:45am
Shares of FedEx Corp. rallied 2.1% in premarket trade Wednesday, after the package-delivery giant reported better-than-expected fiscal first-quarter profit and sales, boosted by strength in its FedEx Ground and FedEx Freight businesses.
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U.S. Equity Futures Flat Ahead of FOMC Statement

Wed, 09/17/2014 - 7:42am
U.S. stock-index futures were flat as lingering nervousness over the FOMC statement on top for Monday afternoon balanced news China's central bank flooded lenders with liquidity.
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