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Updated: 32 min 27 sec ago

Consumer companies shares up at 10 a.m.

Mon, 03/23/2015 - 10:12am
Shares of some top consumer companies are up at 10 a.m.: Clorox rose $.46 or .4 percent, to $112.35.
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Chemicals companies shares mixed at 10 a.m.

Mon, 03/23/2015 - 10:12am
Shares of some top chemicals companies are mixed at 10 a.m.: Dow Chemical Co. rose $.01 or percent, to $47.30.
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Autos companies shares mixed at 10 a.m.

Mon, 03/23/2015 - 10:12am
Shares of some top autos companies are mixed at 10 a.m.: Ford Motor Co. rose $.20 or 1.2 percent, to $16.68.
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Strategy Shift: IBM to Share Technology with China

Mon, 03/23/2015 - 8:56am
IBM Corp will share technology with Chinese firms and will actively help build China's industry, CEO Virginia Rometty said in Beijing as she set out a strategy for one of the foreign firms hardest hit by China's shifting technology policies.
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ImmunoGen licenses cancer treatment technology to Takeda Pharmaceutical and shares surge

Mon, 03/23/2015 - 8:45am
Shares of ImmunoGen jumped 23 percent in premarket trading Monday after the biotechnology company signed a licensing deal with Japan's Takeda Pharmaceutical Co.
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Insperity Cuts Deal To Appoint Affiliates Of Activist Investor To Its Board

Mon, 03/23/2015 - 8:43am
Insperity Inc. announced on Monday an agreement with its largest shareholder, Starboard Value, to appoint two new directors affiliated with Starboard to the human resources services company's board.
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Starbucks Ends 'Race Together' Campaign in Stores

Mon, 03/23/2015 - 8:30am
Starbucks head Howard Schultz told employees on Sunday they will no longer be encouraged to write "Race Together" on drinks cups, but the company's effort to promote discussion of racial issues “is far from over”.
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Gilead's Stock Falls After HCV Drug Safety Warning, But Analyst Sees Buying Opportunity

Mon, 03/23/2015 - 8:25am
Gilead Sciences Inc.'s stock slumped 2.7% in premarket trade, after the biopharmaceutical company issued a warning letter to doctors regarding its hepatitis C treatments Harvoni and Sovaldi.
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PepsiCo Appoints Richard Fisher to Board

Mon, 03/23/2015 - 8:20am
The beverage giant announced Monday it appointed former Dallas Federal Reserve President Richard Fisher to its board just days after Fisher retired from the post he held for a decade.
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U.S. Crude Prices Drop as Saudi Output Rises

Mon, 03/23/2015 - 8:12am
U.S. crude oil prices slid Monday morning even as Saudi Arabia indicated it was now pumping near a record high of 10 million barrels of the commodity per day, standing firm on output, only considering cutting production if other producers outside OPEC joined in the slim down.
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Kansas City Southern's Stock Drops After Sales Outlook Cut

Mon, 03/23/2015 - 8:12am
Shares of Kansas City Southern dropped 2.3% in premarket trade Monday, after the railroad company lowered its 2015 sales growth outlook because of lower carload volumes from the energy sector and continued weakness in the Mexican peso.
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Wall Street Rises with Home Sales Data on Tap

Mon, 03/23/2015 - 8:05am
U.S. equities rose on Monday morning after solid gains last week as investors monitored Fed official comments, the latest housing data.
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ImmunoGen's Stock Jumps After Licensing Deal With Japan's Takeda

Mon, 03/23/2015 - 7:58am
Shares of ImmunoGen Inc. soared 18% in premarket trade Monday, after the biotechnology company announced a deal to license its anticancer therapeutics delivery technology for up to two targets exclusively to Japan's Takeda Pharmaceutical Co. .
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Critics say Uber, Lyft fail to hand over proceeds of 7 percent sales tax payments to state

Mon, 03/23/2015 - 7:41am
Critics of Uber and Lyft say the ride-hailing apps are failing to pay Rhode Island sales tax on their services.
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Biogen's Stock Falls On First Day With New Name After Analyst Downgrade

Mon, 03/23/2015 - 7:41am
Shares of Biogen fell 1.1% in premarket trade Monday, after an analyst downgraded the biotechnology company on concerns over valuation after the recent run up in the stock.
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Izod Center closing after 34 years; New Jersey arena hosted last event

Mon, 03/23/2015 - 7:36am
New Jersey's Izod Center has hosted its last act after 34 years.
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The Big Shift: Infields spin, batters frustrated as defenses response to data explosion

Mon, 03/23/2015 - 7:21am
Twentysomethings sit in rows inside a two-story, red brick building in an Allentown suburb that Norman Rockwell could have painted.
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Resort says brake systems failed after Maine ski lift started rolling backward

Mon, 03/23/2015 - 7:18am
Less than five years ago, Rick Tonge was riding a chairlift at Sugarloaf ski resort in Maine when five chairs — including his — plummeted 30 feet to the snowy ground below, injuring him and his son.
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Reportedly dead Florida man who left business millions in debt arrested in North Carolina

Mon, 03/23/2015 - 7:17am
A Jacksonville businessman reported dead two years ago in Venezuela was arrested in North Carolina on alleged fraud charges Saturday after his life insurance companies filed a lawsuit alleging he was alive and they shouldn't be making payments.
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Tenet Healthcare To Create $2.6 Bln Joint Venture With United Surgical

Mon, 03/23/2015 - 6:26am
Tenet Healthcare Corp. said on Monday it will create a joint venture with United Surgical Partners International to combine the two companies' short-stay surgery and imaging-center assets.
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