Financial News from AP

  • GOP hopes IRS scandal will snag health care law

    Political scandals have strange ways of causing collateral damage, and Republicans are hoping the furor over federal tax enforcers singling out conservative groups will ensnare their biggest target: President ...

  • SPIN METER: GOP raps Dems for IRS union cash

    Seeking maximum political gain from the string of controversies swirling around the White House, Republicans are on the attack against Democratic lawmakers who accepted donations from the union that represents ...

  • Obama agenda seems to be weathering controversies

    Despite Democratic fears, predictions of the demise of President Barack Obama's agenda appear exaggerated after a week of cascading controversies, political triage by the administration and party leaders ...

  • Following the chaotic bailout of Cyprus, top European Union officials are saying it's time to rethink how the region manages its crisis — and who should be involved. Here is a look at the key institutions ...

  • Top officials call to overhaul euro institutions

    Engineering a financial bailout for Cyprus in March was such a chaotic process that top European officials say it is time to rethink how the region manages its crisis — and who should be involved. Officials ...

  • Yahoo may be on the verge of closing its biggest acquisition during the 10-month reign of CEO Marissa Mayer as she tries to attract more traffic and advertisers to the Internet company's website and mobile ...

  • Hundreds of passengers remained stranded at Argentina's airports on Friday after LAN Airlines S.A. temporarily suspended all domestic and international flights over a dispute with a state-owned company ...

  • Caribbean talks conservation on Branson's island

    Surrounded by a turquoise sea and a menagerie of exotic animals on a billionaire's private island, political and business leaders gathered Friday to back an initiative aimed at expanding protection for ...

  • 'Sonic' video games coming to Nintendo

    Sonic the Hedgehog is rolling with Nintendo. Sega says it will exclusively release the next three games starring the popular blue critter on Nintendo platforms. The first title will be called "Sonic ...

  • Ex-Groupon CEO working 9 to 5 on business album

    Former Groupon CEO Andrew Mason is diving into several new ventures, including indulging his inner rock star with an album of "motivational business music." Mason said Thursday on his blog that ...

  • Yahoo CEO Marissa Mayer is promising to unveil "something special" Monday in New York as she tries to attract more traffic and advertising to the Internet company. The Sunnyvale, Calif., company ...

  • After paying an $11 million advance to a struggling Atlantic City casino it intended to buy, the parent company of the world's largest online poker website was left with nothing for its troubles Friday ...

  • It's the narcissist rally. Sure, there are plenty of forces pushing stocks higher — record corporate earnings, small investors finally buying again, signs the U.S. economy may be strengthening, central ...

  • GM stock rises above $33 for first time in 2 years

    Shares of General Motors reached an important milestone on Friday, closing above their initial public offering price of $33 for the first time in more than two years. GM shares reached $33.77 Friday before ...

  • Falling yen to make Japan's goods more affordable

    Attention, bargain-hunters around the world: Japanese goods — from cars to televisions — are going on sale. Credit Japan's drive to pump cash into its economy to stimulate growth. The extra money flooding ...

  • A year after IPO, Facebook aims to be ad colossus

    It was supposed to be our IPO, the people's public offering. Facebook, the brainchild of a young CEO who sauntered into Wall Street meetings in a hoodie, was going to be bigger than Amazon, bigger than ...

  • Stocks rise on hopeful signs for the US economy

    Encouraging news about the U.S. economy extended the stock market's rally Friday. Small-company stocks rose the most, a sign that investors are taking on more risk. Two companies soared in their stock-market ...

  • Viking Cruises, a company known for offering river cruises, on Friday announced that it was launching a new cruise line for ocean-going trips. Viking's first ocean-going ship, Viking Star, will make its ...

  • The White House says President Barack Obama has met with Daniel Werfel, the new acting commissioner of the Internal Revenue Service. The Treasury Department says Treasury Secretary Jacob Lew told Werfel ...

  • Business Highlights AP - 14 hours ago

    ___ A year after IPO, Facebook aims to be ad colossus It was supposed to be our IPO, the people's public offering. Facebook, the brainchild of a young CEO who sauntered into Wall Street meetings in a hoodie, ...

  • The state's independent budget analyst said Friday that California will take in $3.2 billion more in tax revenue than Gov. Jerry Brown estimated, providing Democratic lawmakers an argument to funnel more ...

  • Shares of some top gold companies were down at the close of trading: Barrick Gold Corp. fell $.68 or 3.5 percent, to $18.58. Gold Fields Ltd ADS fell $.32 or 5.2 percent, to $5.81. GoldCorp. fell $1.07 ...

  • Shares of some top education companies were up at the close of trading: Apollo Group rose $.28 or 1.3 percent, to $21.35. Career Education Corp. rose $.30 or 10.8 percent, to $3.08. DeVry rose $.58 or ...

  • Shares of some top credit card companies were up at the close of trading: American Express Co. rose $1.09 or 1.5 percent, to $73.32. Capital One Financial Corp. rose $1.68 or 2.8 percent, to $60.83. Discover ...

  • Review: Toshiba brings high-res screen to Windows

    Last year, Apple added a visually stunning option to its MacBooks: screens with ultra-high resolution. These "Retina" displays reveal four times as much detail as any Windows laptop screen ... ...

  • Shares of some top banks companies were up at the close of trading: Bank of America Corp. rose $.07 or .5 percent, to $13.43. Citigroup Inc. rose $.84 or 1.7 percent, to $51.45. Goldman Sachs rose $3.71 ...

  • A look at the 10 biggest volume gainers on New York Stock Exchange at the close of trading: CAE Inc. : Approximately 259,900 shares changed hands, a 767.0 percent increase over its 65-day average volume. ...

  • A look at the 10 biggest volume decliners on Nasdaq at the close of trading: Alco Stores Inc. : Approximately 400 shares changed hands, a 97.3 decrease from its 65-day average volume. The shares rose $.05 ...

  • A look at the 10 biggest volume decliners on New York Stock Exchange at the close of trading: Bio-Rad Labs B : Approximately 100 shares changed hands, a 89.0 decrease from its 65-day average volume. The ...

  • A look at the 10 biggest percentage gainers on New York Stock Exchange at the close of trading: Vocera Communications Inc. rose 8.3 percent to $14.57. A.H. Belo Corp. rose 8.2 percent to $6.59. Goodrich ...

  • Shares of some top supermarkets companies were up at the close of trading: Kroger rose $.35 or 1.0 percent, to $35.42. Safeway rose $.14 or .6 percent, to $25.15. Supervalu rose $.26 or 3.9 percent, to ...

  • Shares of some top specialty retail companies were mixed at the close of trading: Autozone Inc. fell $2.21 or .5 percent, to $411.29. Bed Bath & Beyond Inc. rose $.43 or .6 percent, to $69.11. Best Buy ...

  • A look at the 10 biggest percentage gainers on Nasdaq at the close of trading: SolarCity Corp. rose 26.1 percent to $45.00. Vanda Pharmaceuticals Inc. rose 19.6 percent to $6.58. ViaSat Inc. rose 19.3 ...

  • Shares of some top managed care companies were up at the close of trading: Aetna rose $.51 or .9 percent, to $60.04. Cigna Corp. rose $.54 or .8 percent, to $67.90. Humana Inc. rose $1.10 or 1.4 percent, ...

  • A look at the 10 biggest volume gainers on Nasdaq at the close of trading: Aruba Networks : Approximately 47,555,700 shares changed hands, a 1,582.9 percent increase over its 65-day average volume. The ...

  • Shares of some top restaurant companies were up at the close of trading: Brinker International Inc. rose $.39 or 1.0 percent, to $41.40. Chipotle Mexican Grill Inc. rose $3.08 or .8 percent, to $375.16. ...

  • Shares of some top machinery companies were mixed at the close of trading: Caterpillar rose $.89 or 1.0 percent, to $87.67. Deere & Co. fell $2.42 or 2.7 percent, to $86.97. Manitowoc rose $.70 or 3.7 ...

  • Shares of some top media companies were mixed at the close of trading: Comcast Corp. fell $.23 or .5 percent, to $42.64. Walt Disney Co. rose $.11 or .2 percent, to $66.58. Gannett rose $.73 or 3.5 percent, ...

  • Shares of some top internet companies were mixed at the close of trading: Amazon rose $5.78 or 2.2 percent, to $269.90. eBay rose $.91 or 1.6 percent, to $56.71. Google rose $5.31 or .6 percent, to $909.18. ...

  • A look at the 10 biggest percentage decliners on New York Stock Exchange at the close of trading: Seabridge Gold Inc. fell 7.8 percent to $9.30. Stage Stores Inc. fell 7.2 percent to $24.19. Pretium Resources ...

  • Shares of some top medical devices companies were mixed at the close of trading: Allergan rose $.99 or 1.0 percent, to $101.41. Baxter International Inc. rose $1.09 or 1.5 percent, to $72.94. Boston Scientific ...

  • Shares of some top pharmaceuticals companies were mixed at the close of trading: Baxter International Inc. rose $1.09 or 1.5 percent, to $72.94. Bristol-Myers Squibb Co. rose $.53 or 1.2 percent, to $43.30. ...

  • Shares of some top homebuilders companies were up at the close of trading: DR Horton rose $.43 or 1.6 percent, to $27.23. Hovnanian Enterprises Inc. rose $.15 or 2.6 percent, to $6.02. Lennar Corp. rose ...

  • Shares of some top health care equipment companies were mixed at the close of trading: Becton, Dickinson & Co. rose $1.28 or 1.3 percent, to $101.78. Covidien rose $.10 or .2 percent, to $65.77. Patterson ...

  • A look at the 10 biggest percentage decliners on Nasdaq at the close of trading: Uni-Pixel Inc. fell 26.0 percent to $27.19. Aruba Networks fell 25.6 percent to $13.10. First Security Group fell 17.6 percent ...

  • A look at New York Stock Exchange 10 most-active stocks at the close of trading: Advanced Micro Devices Inc. rose 6.3 percent to $4.07 with 33,334,400 shares traded. Bank of America Corp. rose .5 percent ...

  • Shares of some top utilities companies were up at the close of trading: American Electric Power Co. rose $.59 or 1.2 percent, to $49.64. Consolidated Edison Inc. Holding Co. rose $.63 or 1.0 percent, to ...

  • A look at Nasdaq 10 most-active stocks at the close of trading: Applied Materials Inc. rose 2.0 percent to $14.96 with 22,243,600 shares traded. Aruba Networks fell 25.6 percent to $13.10 with 47,555,700 ...

  • Shares of some top telecom companies were up at the close of trading: AT&T Inc. rose $.06 or .2 percent, to $37.44. Sprint Nextel rose $.04 or .5 percent, to $7.32. Verizon Communications Inc. rose $.15 ...

  • Shares of some top railroad companies were up at the close of trading: CSX rose $.22 or .9 percent, to $25.92. Canadian National Railway Co. rose $1.04 or 1.0 percent, to $102.69. Canadian Pacific Railway ...

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