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Key Walgreen revenue metric rises 3.7 pct in August, missing average analyst expectations

Thu, 09/04/2014 - 9:02am
Walgreen's revenue from established stores climbed 3.7 percent last month but missed analyst expectations, as prescription sales for the nation's largest drugstore chain also fell short of the average forecast on Wall Street.
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European Stocks Climb, Euro Sinks After ECB Move

Thu, 09/04/2014 - 8:54am
European stocks climbed but the euro sank to a more than one-year low Thursday after the European Central Bank opted to cut interest rates as part of the battle against low inflation in the euro zone.
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Vermont Gas cleared to install pipeline near power lines

Thu, 09/04/2014 - 8:45am
The state Public Service Board has cleared Vermont Gas Systems to install pipeline near power lines over concerns that a chemical used to treat utility poles could be disturbed by the construction.
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Family, contractors settle lawsuit over death of boy killed by falling Alabama airport sign

Thu, 09/04/2014 - 8:40am
A settlement over the death of a boy who was hit by a falling flight information sign inside Birmingham's airport was approved Wednesday, and the family said they had forgiven the contractors involved.
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General Motors Increases Credit Line To GM Financial

Thu, 09/04/2014 - 8:40am
General Motors has increased financial support of its auto financing arm, General Motors Financial, by providing a new $1 billion line of credit.
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Trade Deficit Hits Six-Month Low as Exports Rise

Thu, 09/04/2014 - 8:36am
The U.S. trade gap fell to a six-month low in July as exports jumped to a record high, supporting views of sturdy economic growth in the third quarter.
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Weekly Jobless Claims Rise More than Expected

Thu, 09/04/2014 - 8:34am
New unemployment benefit claims rose more than expected, but remained at levels consistent with tightening labor market conditions.
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U.S. Jobless Claims Rise By 4,000 To 302,000

Thu, 09/04/2014 - 8:30am
The number of people who applied for unemployment benefits last week rose slightly to 302,000, but layoffs remain low and initial claims continue to hover near an eight-year bottom.
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U.S. Second-quarter Productivity Gain Trimmed To 2.3%

Thu, 09/04/2014 - 8:30am
U.S. productivity in the second quarter grew at a revised 2.3% annual pace instead of 2.5% as originally reported, the government said Thursday.
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U.S. Trade Deficit Falls To $40.5 Billion; Record Gap With China

Thu, 09/04/2014 - 8:30am
The U.S. trade deficit fell in July and the June gap was revised lower, offering evidence that trade was slightly less of a drag on the nation's growth during the summer than initially reported.
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L Brands sales at stores open at least a year up 5 pct in August, tops analysts' expectations

Thu, 09/04/2014 - 8:24am
L Brands, which owns Victoria's Secret, Bath & Body Works and other brands, said Thursday that sales at stores open at least a year rose 5 percent in August, handily topping analysts' expectations.
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Private-Sector Employment Rises in August

Thu, 09/04/2014 - 8:17am
August private-sector employment data came in below economists expectations for the month, as well as the level set in July.
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Boeing Hikes China Plane Demand Forecast 8% as Overseas Travel Grows

Thu, 09/04/2014 - 8:07am
Boeing expects Chinese aircraft demand to rise over the next two decades as growing overseas leisure travel drives demand for sing-aisle and wide-body planes.
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Joy Global misses 3Q net income and revenue expectations

Thu, 09/04/2014 - 8:06am
Joy Global Inc. (JOY) on Thursday reported fiscal third-quarter profit of $71.3 million.
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Online brokerage TD Ameritrade becomes NFL sponsor to reach more fans with its ads

Thu, 09/04/2014 - 8:02am
Online brokerage TD Ameritrade is becoming an official NFL sponsor this fall to teach fans more about its services and increase the chances of its ads being seen.
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ECB Cuts Key Interest Rates By 0.1% Percentage Point

Thu, 09/04/2014 - 7:58am
The European Central Bank cut three key interest rates on Thursday by 0.1% percentage point.
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VeriFone Shares Rally After Profit, Sales Top Forecasts

Thu, 09/04/2014 - 7:46am
Shares of VeriFone Systems rallied 2.5% in premarket trade Thursday, after the electronic-payments company reported better-than-expected fiscal third-quarter results.
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ECB Cuts Rates, Unveils Plans to Unleash QE Program

Thu, 09/04/2014 - 7:44am
The European Central Bank cut rates to new record lows, and unveiled an asset-buying program, in its bid to avert what would be painful deflation.
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Equity Futures Rise Ahead of ADP, Jobless Data

Thu, 09/04/2014 - 7:40am
U.S. equity futures rose as investors were set to sift through labor-market figures and comments from the head of the Cleveland Federal Reserve Bank.
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Chevron Phillips Chemical sells business to Solvay Specialty Polymers for $220 million

Thu, 09/04/2014 - 7:21am
Chevron Phillips Chemical is selling its high-performance engineering polymer business for $220 million.
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