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Manufacturing activity in Philadelphia region expands at slightly slower pace in March

Thu, 03/19/2015 - 10:31am
Manufacturing activity in the Philadelphia region expanded more slowly in March than the previous month as new orders slipped.
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Homebuilders companies shares up at 10 a.m.

Thu, 03/19/2015 - 10:22am
Shares of some top homebuilders companies are up at 10 a.m.: DR Horton rose $.35 or 1.3 percent, to $27.45.
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Consumer companies shares mixed at 10 a.m.

Thu, 03/19/2015 - 10:22am
Shares of some top consumer companies are mixed at 10 a.m.: Clorox fell $.21 or .2 percent, to $109.63.
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Coal companies shares down at 10 a.m.

Thu, 03/19/2015 - 10:22am
Shares of some top coal companies are down at 10 a.m.: Arch Coal fell $.00 or .3 percent, to $0.96.
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Credit Card companies shares mixed at 10 a.m.

Thu, 03/19/2015 - 10:22am
Shares of some top credit card companies are mixed at 10 a.m.: American Express Co. fell $.66 or .8 percent, to $81.20.
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Average US rate on 30-year mortgage falls to 3.78 percent; 15-year rate down to 3.06 percent

Thu, 03/19/2015 - 10:07am
Average long-term U.S. mortgage rates fell this week, remaining near historically low levels at the start of the spring home-buying season.
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30-year Fixed-rate Mortgage Falls To 3.78%, Freddie Mac Says

Thu, 03/19/2015 - 10:00am
The 30-year fixed-rate mortgage averaged 3.78% for the week ending March 19, down from 3.86%, according to mortgage buyer Freddie Mac.
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Mid-Atlantic Manufacturing Activity Unexpectedly Falls

Thu, 03/19/2015 - 9:55am
The Philadelphia Fed's gauge of manufacturing acitivty in the mid-Atlantic region dropped more than expected in March, missing Wall Street expectations.
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Apple Starts Its First Day In The Dow As One Of a Handful Of Gainers

Thu, 03/19/2015 - 9:53am
Apple Inc.'s stock is starting its first day in the Dow Jones Industrial Average as one of the five components that is gaining ground in morning trade.
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Icahn likens Atlantic City union leaders to mobsters demanding protection _ or else

Thu, 03/19/2015 - 9:49am
Ratcheting up his war of words with Atlantic City's main casino union, billionaire investor Carl Icahn likens them to mobsters demanding protection from merchants in return for not getting bricks through their windows.
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U.S. Stocks Slip, Giving Back Some Fed-fueled Gains

Thu, 03/19/2015 - 9:34am
U.S. stocks dipped Thursday, taking a breather after the prior day's Federal Reserve-inspired rally that sent the S&P 500 to its highest closing level in two weeks.
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GoDaddy's IPO to Value Company at Up to $2.87 Billion

Thu, 03/19/2015 - 9:03am
Web hosting company GoDaddy Inc's initial public offering is expected to value the company at up to $2.87 billion and comes at a time when there has been a steep fall in the number of companies going public in the United States.
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Homebuilder Lennar's Profit Beat Signals Improving Demand

Thu, 03/19/2015 - 9:00am
Lennar Corp reported better-than-expected quarterly profit and revenue as it sold more homes at higher prices, and the company said early signs for the spring selling season indicated demand in the U.S. housing market was improving.
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EBay Downgraded To Underweight On PayPal Competition

Thu, 03/19/2015 - 8:51am
eBay was downgraded to underweight from neutral at PiperJaffray Thursday morning due to its negative exposure to the burgeoning mobile payments market.
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U.S. Jobless Claims Barely Changed At 291,000

Thu, 03/19/2015 - 8:30am
The number of people who applied for U.S. unemployment benefits in mid-March remained below the key 300,000 threshold that signals a much improved labor market.
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U.S. Q4 Current Account Deficit Rises 14.8% To $113.5 Billion

Thu, 03/19/2015 - 8:30am
The current account deficit widened to $113.5 billion in the 2014 fourth quarter from a revised $98.9 billion in the third quarter, mainly because of a decline in net primary income from outside the U.S. The deficit rose to 2.6% as a percentage of gross domestic product, up from 2.2% in the prior quarter but well below the record of 6.3% in 2005, the Commerce Department said Thursday.
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Weekly Jobless Claims Rise Less than Expected

Thu, 03/19/2015 - 8:26am
The number of Americans filing for first-time unemployment benefit claims rose last week indicating the labor market remained on solid footing.
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Oil Drops as Oversupply Concerns Persist

Thu, 03/19/2015 - 8:17am
U.S. crude oil prices dropped on Thursday as the higher-cost domestic production expected eventually to be slowed by the drop in price, so far output has continued to rise, boosting inventories to their highest-ever level.
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Amicus Therapeutics Shares Rally On News Of Positive Regulatory Meetings

Thu, 03/19/2015 - 8:16am
Shares of Amicus Therapeutics rallied sharply Thursday, after the biotech company said it had a positive meeting with European regulators about its application to have a treatment for Fabry disease approved.
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Wall Street Slides After Prior Session's Fed Rally

Thu, 03/19/2015 - 8:07am
U.S. stocks paused at the start of trade Thursday as investors took a breather after the prior session's rally, and looked ahead to mid-Atlantic factory data.
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