Stocks have moved sharply lower in early trading on Monday, extending the sell-off seen last Friday. The major averages have fallen firmly into negative territory, with the tech-heavy Nasdaq falling to its lowest levels in well over a year.
Amid the outbreak of the Zika virus in Latin America, the White House announced Monday the administration is asking Congress for more than $1.8 billion in emergency funding to combat the disease.
Following the sell-off seen last Friday, stocks are likely to see further downside in early trading on Monday. The major index futures are currently pointing to a lower open for the markets, with the Dow futures down by 193 points.
Beverages giant Coca-Cola Co. (KO) continues to focus on creating value as it executes against its strategic priorities, amid the challenging macro environment. The company is also refranchising its bottling operations in North America, Europe and Africa to focus more on core business of brand development and marketing.
After several years of discussions and disputes, British Airways has at last agreed to change its dress code for its women employees on board.
Toy maker Hasbro Inc. (HAS) reported a profit for the fourth-quarter 2015 that grew about 3.5% from last year. Quarterly net revenues increased 13% from the prior year. Both earnings per share and revenue for the quarter beat analysts' expectations.
Early indications suggest that Wall Street stocks may open Monday's session notably lower amid weak global cues. With most Asian markets closed for holidays, the markets that were open in Asia ended mixed. Meanwhile, after a volatile bout in early trading, European stocks have plunged, with a weak investor...
European shares extended last week's losses on Monday as investors fretted over oil price volatility, slowing global growth and uncertainty over the Federal Reserve's monetary policy.
Stocks were falling across the board after results of a survey by Sentix revealed that Eurozone investor sentiment...
Healthcare plan provider Centene Corp. (CNC) has been executing on its strategic objectives, including margin expansion. With its growing portfolio of integrated health solutions, Centene has a strong presence in government-sponsored healthcare, the highest growth category in the industry.
The FDA has placed a partial hold on clinical studies of CTI BioPharma Corp.'s (CTIC) Pacritinib, its lead drug candidate for primary myelofibrosis, due to excess mortality and other adverse events in a pivotal trial.
Facebook's (FB) Mark Zuckerberg has flaunted his Mandarin speaking skills by wishing the world happiness, health and good fortune on the occasion of the Chinese Lunar New Year.
Here is a quick summary of the earnings reported after the bell on Feb. 5.
Unwired Planet, Inc. (UPIP)
Q2 loss from continuing operations was $12.68 million or $1.35 per share vs. loss of $11.04 million or $1.18 per share a year ago.
Q2 revenue was $1.25 million vs. $$1.25 million a year ago....
European shares are seen opening a tad higher on Monday despite steep losses on Wall Street Friday and a lack of directional cues from Asian markets.
U.S. shares fell broadly on Friday as the latest jobs report painted a murky picture of the U.S. economy, with a slowdown in the pace of hiring but...
The Jel Sert Co. of West Chicago, Illinois, is recalling 52 cases of Margaritaville Banana Cream Pie Filling due to potential contamination with the harmful Salmonella bacteria.
California raw milk diary, Organic Pastures, is voluntarily recalling two lots of whole milk due to potential contamination.