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Updated: 17 min 48 sec ago
Apple Inc. shares were off by 1.2%, or $6.44, at $530.87 Thursday as Barclays analyst Ben Reitzes cut his rating on the company to equal weight, or neutral, from overweight.
Rising for a second week, the average rate for a 30-year fixed-rate mortgage increased to 4.33% in the week that ended Feb. 20 from 4.28% in the prior week, according to a Thursday report from federally controlled mortgage buyer Freddie Mac .
The Philadelphia Fed reports manufacturing activity in the mid-Atlantic region plunged in February, coming in far below Wall Street’s estimate.
On the Other Hand: Markit Data Show Factory Growth Activity Near Four-Year High
SAN FRANCISC0 -- Facebook Inc. shares fell by almost 2to $66.82 Thursday following the company's $19 billion acquisition of mobile messaging app developer WhatsApp for $19 billion in stock and cash.
Anoro, a combination drug for chronic obstructive pulmonary disease (COPD) developed by GlaxoSmithKline and Theravance, has received the green light from a European medical committee, putting the companies on track for marketing approval.
U.S. stocks edged up at the open on Thursday, as an encouraging reading on U.S. manufacturing offset downbeat economic reports from China and Europe.
Hormel Foods continued to get a boost from its acquisition of Skippy peanut butter, reporting an 18% increase in its first-quarter earnings.
Facebook Inc's $19 billion bid for fast-growing mobile-messaging startup WhatsApp sent shares of BlackBerry Ltd higher before the opening bell on Thursday as investors placed bets that the smartphone maker's own messaging platform has been undervalued.
U.S. stock index futures turned higher Thursday and oil pared losses after a preliminary survey of U.S. manufacturers released by Markit rose to a 2010 high.
The satellite TV provider added fewer customers in the U.S. and Latin America, its largest growth area, in the fourth quarter.
An early gauge of U.S. manufacturing jumped to its highest level in almost four years in February from the prior month, Markit reported Thursday.
TransCanada Corp, Canada's No. 2 pipeline operator, on Thursday reported higher fourth-quarter earnings on strong results from its gas pipelines and higher volumes on its Keystone oil pipeline system.
U.S. manufacturing activity accelerated in February at its fastest pace in nearly four years due in part to growth in new orders, an industry report showed on Thursday.
Wal-Mart's quarterly EPS narrowly beat Wall Street views Thursday as sales ticked up by 1.5% from the year prior.
A unilateral U.S. oil embargo on Iran is expected to remain in place even if a long-term nuclear agreement between Tehran and six world powers is reached that includes an easing of international sanctions, a U.S. official said on Thursday.
Facebook Inc's purchase of fast-growing mobile-messaging startup WhatsApp for $19 billion stunned the markets but analysts said the deal made strategic sense as it will solidify the social network's position as a leader in mobile.
Treasury prices fell Thursday, sending yields higher, after data showed a measure of inflation inching up and the number of people applying for jobless benefits edging down.
Prices for consumer goods rose slightly in January as cold weather pushed up prices for fuel and electricity, but inflation pressure remained subdued.
U.S. consumer prices rose a seasonally adjusted 0.1% in January, largely because of higher costs for heating, electricity and housing, the Labor Department reported Thursday.
Google Inc's Google Ventures co-led a $25.5 million investment in Ionic Security Inc, an Atlanta-based startup developing technology to protect corporate data on mobile devices and in the cloud.