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Updated: 21 min 7 sec ago
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.
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.
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.
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.
The world's No. 2 package-delivery firm saw higher volumes in express and ground businesses, results which gave shares a boost in the pre-market.
Shares of General Mills fell 3.2% in premarket trade after the packaged food maker reported fiscal first-quarter profit and sales that fell more than expected.
The Bank of England's Monetary Policy Committee voted 7-2 at its September meeting to keep rates on hold and its quantitative-easing program unchanged, according to minutes released on Wednesday.
Here are the latest trading levels for Asia's major stock markets: Tokyo (Nikkei Average) up 0.2% ; Hong Kong (Hang Seng Index) up 1% ; Shanghai (Shanghai Composite Index) up 0.1% ; Sydney (S&P/ASX 200) down 0.4% ; Seoul (Kospi) up 0.7% Taipei (Taiex) up 1.1%
Hong Kong stocks clawed back some losses Wednesday following an eight-day losing streak, after China's central bank injected about $81 billion into the country's five major banks to support growth and ease fears triggered by a slew of weaker-than-expected data released recently.
Australian stocks saw their early gains fade in early Wednesday transactions, with the S&P/ASX 200 flat about an hour into the session.
Gains for U.S. shares overnight and a modest weakening of the yen helped send Japanese stocks higher Wednesday morning, with the Nikkei Average up 0.3% at 15,965.21 as it tried to cross back above the 16,000 level where it started the year.
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In the wake of the controversy surrounding Adrian Peterson's alleged abuse of his kids, Nike Inc. has pulled the Minnesota Vikings football player's merchandise from its Twin Cities stores, according to media reports.
Photoshop maker Adobe Systems reported a mere 1 percent rise in quarterly revenue that missed analysts' expectations, pushing shares down about 3.6 percent in extended trading on Tuesday.
Investors looking to hedge their bets or speculate on the direction of Alibaba Group's stock after its expected public sale of shares on Friday, will be able to trade its options in two weeks, as U.S. options exchanges are expected to list contracts on the company.
The American Petroleum Institute late Tuesday reported crude-oil inventories rose 3.3 million barrels in the week ended Sept. 12, according to reports.
Gold rose on Tuesday as a weaker dollar and rallying crude oil prices prompted bullion investors to cover bearish bets ahead of a closely watched policy statement by the Federal Reserve.
The U.S. markets saw gains across the board Tuesday as stocks turned positive on sentiment from a Wall Street Journal report saying that the Fed could continue its market-friendly interest rate policies. Fed Chairwoman Janet Yellen is scheduled to deliver her policy statement on Wednesday. On the economic side, August producer prices remained flat from July, allaying inflation concerns, while crude oil surged ahead of inventory numbers -- sending energy stocks climbing.
The poverty rate in the United States has dropped for the first time since 2006, bringing a bit of encouraging news about the nation's economy as President Barack Obama and Congress gear up for midterm elections.
Rackspace Hosting Inc. shares plunged more than 16% in after-hours trading Tuesday as the cloud-computing company said it wouldn't sell itself.