March 3 at 9:34 a.m.
Filed under:
Airplanes,
Stock activity
By Reuters
An Airbus A330 Multi Role Tanker Transport is shown while refueling two probe-equipped F/A-18 fighter aircraft in this handout photograph from November 2009. (Reuters/EADS North America/Handout)
Airbus parent EADS is nearing a decision not to protest the loss of a $30 billion U.S. refueling plane contract to Boeing, sources familiar with the matter said on Thursday.
The European company could announce as early as Friday a decision that will end a bitter decade-long procurement drama described on Wednesday by the top Air Force general as “ugly.”
“Most likely there will be no appeal,” said one source familiar with internal discussions at EADS, who was not authorized to speak publicly. Get the full story »
March 2 at 4:33 p.m.
Filed under:
Agriculture/Farming,
Stock activity
By Reuters
CF Industries Holdings eliminated a key rival when it bought Terra Industries last year, but so far surging corn prices rather than the deal’s benefits have driven the fertilizer producer’s stock. Get the full story »
Feb. 25 at 5:00 p.m.
Filed under:
Stock activity
By Reuters
CBOE Holdings Inc. shares jumped Friday after a Credit Suisse analyst called the U.S. options market operator a takeout candidate and fingered Nasdaq OMX Group as its most likely suitor.
“We believe a NDAQ-CBOE combination would have strong strategic merits for both companies,” Howard Chen wrote in a note to clients devoted to an analysis of such a takeover, although no such deal has been announced. Chen raised his rating on the operator of the Chicago Board Options Exchange to “outperform.” Get the full story »
Feb. 25 at 9:58 a.m.
Filed under:
Airplanes,
Stock activity,
Updated
By Reuters
Shares of Boeing gained 4 percent in premarket trade on Friday after the company won a $30 billion contract for 179 new U.S. Air Force refueling planes a day earlier.
The win for Boeing came as a surprise to many industry watchers who expected rival EADS to win the contract. Get the full story »
Feb. 23 at 3:29 p.m.
Filed under:
International,
Stock activity
By Reuters
Gold rose to its highest in more than seven weeks Wednesday, closing in on record highs as escalating unrest in Libya and soaring crude oil prices fueled fears of inflation and slower economic growth.
U.S. crude oil futures marched rapidly to hit $100 a barrel on possible supply disruption from Libya, stoking inflation concern. They later settled up nearly $3 at about $98 a barrel, its highest since October 2008. Get the full story »
Feb. 22 at 5:49 p.m.
Filed under:
Retail,
Stock activity
By Reuters
Wal-Mart Stores failed to meet its promise of reigniting sales at its U.S. stores, a disappointment for a new leadership team charged with turning things around in the face of pressure from even cheaper discounters.
The retailer’s shares closed down 3.1 percent, despite the company’s reporting earnings that beat analysts’ expectations. U.S. sales are also still being hurt by a poorly executed decision, since reversed, to pare down the number of items Wal-Mart offers. Get the full story »
By Dow Jones Newswires
A former Walt Disney Co. administrative assistant was sentenced to four months home detention Tuesday after admitting to engaging in a scheme last year to sell early access to the entertainment company’s earnings.
Federal prosecutors in Manhattan alleged that Bonnie Hoxie, the former assistant to Disney’s head of communications, gave her then-boyfriend Yonni Sebbag information about Disney’s results before their public announcement last spring. Get the full story »
Feb. 11 at 2:51 p.m.
Filed under:
Stock activity
By Associated Press
Treasury prices are paring back earlier gains after Egypt’s President Hosni Mubarak’s resignation calmed investors.
The prices of the 10-year Treasury note rose 46.9 cents per $100 invested in Friday trading. Its yield, which moves in the opposite direction, fell to 3.65 percent from 3.71 percent late Thursday. Get the full story »
Feb. 11 at 1:18 p.m.
Filed under:
Stock activity
The Street.com | Shares in United Stationers hit a 52-week high Friday after analyst upgrades. In early afternoon trading, shares in the office supply company were at $70, up nearly 8 percent.
By Becky Yerak
The stock of $2.12 billion-asset Old Second Bancorp Inc. was down 16.6 percent in late morning trading as the troubled Aurora-based lender reported a fourth-quarter loss of $76.6 million, or $5.48 a share. Get the full story »
Feb. 2 at 12:23 p.m.
Filed under:
M&A,
Private equity,
Stock activity
By Becky Yerak
Merger and acquisition activity nationwide in 2010 was something to cheer about for the first time in years, a new report by William Blair & Co. shows.
The Chicago-based financial services firm said M&A activity rose for the first time in three years, with the total number of U.S. deals rising 32 percent, to 12,271, and the dollar volume rising 25 percent, to $1.097 trillion. Get the full story »
Feb. 2 at 12:08 p.m.
Filed under:
Earnings,
Stock activity,
Updated
By Reuters
Water treatment services company Nalco Holding Co. said it will continue to be hit by higher raw material prices in the first half of 2011.
Naperville, Illinois-based Nalco, which forecast weak earnings for 2011 on Tuesday, saw its shares fall 11 percent to $27.63 on Wednesday — their lowest in three months. Get the full story »
Feb. 1 at 4:49 p.m.
Filed under:
Earnings,
Manufacturing,
Stock activity
By Associated Press
Shares of Glenview-based Anixter International Inc. jumped Tuesday after the company said its fourth-quarter profit more than doubled, easily topping Wall Street analysts’ expectations.
The stock rose $3.90, or 6.2 percent, to $67.17 in late trading. Get the full story »
Jan. 31 at 6:50 a.m.
Filed under:
Exchanges,
International,
Stock activity
By CNN
U.S. stocks were headed for a flat open Monday, as investors continued to worry about growing political unrest in Egypt.
Dow Jones industrial average, S&P 500 and Nasdaq futures were little changed before the opening bell. Futures measure current index values against perceived future performance. Get the full story »
Jan. 28 at 11:42 a.m.
Filed under:
Stock activity,
Technology
By Reuters
Microsoft shares fell 3.5 percent on Friday as its better-than-expected profit was overshadowed by worries it is failing to cope with threats from hot areas like tablet computing. Get the full story »
