Business
S&P ekes out second record close after lackluster data
- U.S. shares ended little changed on Friday, with the S&P 500 edging up to a record high for a second straight session after a ream of weak economic data. | Video
Recent Business News
Hedge fund activists buy McDonald's, but are they lovin' it?
- Some of the top U.S. hedge fund investors and activists, including Jana Partners LLC, took new positions or raised their equity stakes in fast food chain McDonald's Corp during the first quarter, according to regulatory filings on Friday.
Nomura, RBS must pay $806 million in mortgage bond case: U.S. judge
NEW YORK - A U.S. judge on Friday ordered Nomura Holdings Inc and Royal Bank of Scotland Group Plc to pay a collective $806 million for making false statements in selling mortgage-backed securities to Fannie Mae and Freddie Mac .
Top U.S. hedge funds continued to dump Apple amid rally
NEW YORK - Top U.S. hedge fund management firms, including Leon Cooperman's Omega Advisors and Philippe Laffont's Coatue Management, continued to reduce or slash stakes altogether in Apple Inc during the first quarter, as shares of the iPhone maker rallied.
Exclusive: Lockheed-Boeing venture lays off 12 executives in major reorganization
WASHINGTON - United Launch Alliance, a joint venture of Lockheed Martin Corp and Boeing Co , on Friday said it was cutting its executive ranks by 30 percent in December through what it called voluntary departures by 12 executives.
Wal-Mart presses case for repairs at stores in labor dispute
- Weeks after Wal-Mart Stores Inc was accused of shuttering a California store to stop workers from organizing, the company said it would seek permits to rip up floors and replace plumbing lines as part of significant repairs at five stores the retailer said justified their abrupt closure.
Markets
- U.S.
- Europe
- Asia
- Sectors
DOW | 18,272.56 | + 20.32 | +0.11% |
S&P 500 | 2,122.73 | + 1.63 | +0.08% |
NASDAQ | 5,048.29 | -2.50 | -0.05% |
TR US Index | 192.40 | + 0.15 | +0.08% |
Sector Summary
Energy | -0.07% |
Basic Materials | +0.03% |
Industrials | +0.12% |
Cyclical Goods & Services | +0.51% |
Non-Cyclical Goods & Services | +0.29% |
Financials | -0.09% |
Healthcare | +0.16% |
Technology | -0.20% |
Telecoms | +0.23% |
Utilities | +0.78% |