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Trader's Blog
Today's Video Update: Yahoo Bets A Billion
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Gold Chart of The Week
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Has Apple Lost Its Way?
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Weekly Futures Recap W/Mike Seery
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Today's News
AP Top Extended Financial Headlines At 2:54 p.m. EDT
2 hours, 50 minutes ago
Small company stocks take limelight as Russell 2000 index climbs above 1,000 for first time Actavis buying Warner Chilcott in all-stock transaction valued at about $8.5 billion
Small company stocks take the limelight
2 hours, 50 minutes ago
Small companies took the limelight Monday on a slow but choppy start to the week. Major indexes were little changed in early afternoon trading Monday. The Russell edged higher, while the Dow, S&P 500 and Nasdaq composite were slightly lower. Investors will be watching the Federal Reserve this week for clues about what it plans to do next with its economic stimulus program. On Wednesday Federal Reserve Chairman Ben Bernanke will appear before Congress and the central bank will release minutes of its most recent policy meeting.
Shareholders Ok Freeport-McMoRan bid for Plains
2 hours, 52 minutes ago
Freeport-McMoRan Copper & Gold said Monday that its $6.9 billion bid for Plains Exploration & Production was approved by a majority of that company's shareholders. Earlier on Monday, both Freeport-McMoRan and Plains Exploration announced plans to pay special one-time cash dividends when the acquisition closes.
Earnings roundup: Campbell Soup, Raven Industries
2 hours, 56 minutes ago
Among the earnings stories for Monday, May 20, from AP Business News: _ Campbell Soup Co. reported third-quarter results that beat Wall Street expectations as a colder winter and better ads helped boost soup sales, offsetting a decline in its V8 drinks. _ Shares of Raven Industries Inc. fell after the industrial products maker said its fiscal first-quarter net income fell 26 percent, as sluggish economic conditions hurt sales at all of its businesses.
