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Financial News from AP

  • Mylan, now in the crosshairs over severe price hikes for its EpiPen, says that it going to expand programs that will help lower out-of-pocket costs by as much as half

  • U.S. Vice President Joe Biden is pictured during a press conference at the Swedish government offices Rosenbad in Stockholm, Thursday Aug. 25, 2016. Biden's one-day visit to Sweden will focus on global migration challenges ahead of a September summit  in New York on refugees. (Anders Wiklund/ TT News Agency via AP)

    HELSINKI (AP) — U.S. Vice President Joe Biden says a new natural gas pipeline planned to stretch from Russia to Germany "looks like a fairly bad deal" for Europe because it increases its energy dependency on Moscow.

  • Correction: Congress-EpiPens-Manchin story Associated Press - 9 minutes ago

    In a story Aug. 24 about U.S. Sen. Joe Manchin's stance on price hikes for life-saving allergy injection pens, The Associated Press erroneously reported that the cost of a two-dose package of EpiPens rose ...

  • Attack on American University in Afghanistan leaves 13 dead

    A brazen, hours-long militant attack on the American University of Afghanistan ended early Thursday after at least 13 people were killed and dozens wounded in the assault on the sprawling campus on Kabul's ...

  • Long-term U.S. mortgage rates didn't budge this week, remaining at historically low levels that continue to lure prospective home buyers. Mortgage giant Freddie Mac said Thursday that the average for the ...

  • How to get ready for your VW payout Associated Press - 14 minutes ago

    Loyal owners of Volkswagen diesel cars understandably felt betrayed when they learned the German automaker had rigged the testing process to bypass U.S. emissions standards. But many are having a change of heart after learning how much VW will pay them to turn in their cars.

  • FILE - In this Aug. 4 2016 file photo made from video, Nissrine Samali, 20, gets into the sea wearing a burkini, a wetsuit-like garment that also covers the head, in Marseille, southern France. Burkinis vs. bikinis. Beneath the clash over how to dress, or undress, on the beaches of France simmers an issue that for decades has divided the nation, and grown more complex in this time of terrorism.(AP Photo, File)

    PARIS (AP) — France's highest administrative authority is studying whether local bans on full-body burkini swimsuits are legal, amid growing concerns in the country and abroad about police forcing Muslim women to disrobe.

  • WASHINGTON (AP) — The Obama administration has finalized a new rule intended to encourage states to set up their own retirement plans.

  • German Chancellor Angela Merkel, left, holds a bunch of flowers as a birthday present for a member of the cabinet during her arrival for the weekly cabinet meeting at the Chancellery in Berlin, Germany, Wednesday, Aug. 24, 2016. At right is German Minister for Economic Affairs and Energy Sigmar Gabriel. (AP Photo/Michael Sohn)

    BERLIN (AP) — Business confidence in Germany, Europe's biggest economy, has dropped unexpectedly as managers' assessment of both their current and future situations darkened following Britain's decision to leave the European Union, a survey showed Thursday.

  • Auto, technology industries clash over talking cars Associated Press - 16 minutes ago

    Automakers say cars that wirelessly talk to each other are finally ready for the road. The cars hold the potential to dramatically reduce traffic deaths, improve the safety of self-driving cars and someday ...

  • MADRID (AP) — Officials have revised Spain's quarterly economic growth figure for the April-June period upward, from 0.7 percent to 0.8 percent, welcome news for a country in its eighth month without a fully functioning government.

  • Sears moves to quarterly loss, sales keep faltering Associated Press - 20 minutes ago
    Sears moves to quarterly loss, sales keep faltering

    Sears posted a second-quarter loss, with perpetually weak sales overshadowing the retailer's efforts to cut costs and slow its cash burn. CEO Edward Lampert's hedge fund will forward the ailing chain $300 ...

  • N. Korea missile test adds to 'Military First' celebration

    North Korea marked its "Military First" holiday on Thursday with mass dancing, outdoor concerts and boasts of a successful — and potentially game-changing — submarine-launched ballistic missile ...

  • In this photo provided by Puerto Princesa Tourism Office, shows a giant pearl measuring 30cm wide (1ft), 67cm long (2.2ft) and weighing 34kg (75lb) is displayed in the lobby of the Puerto Princesa City Hall in Puerto Princesa city, Palawan province in southwestern Philippines Thursday, Aug. 25, 2016. Puerto Princesa Tourism Officer Aileen Amurao said the giant pearl was found by a relative fisherman ten years ago and entrusted to her for safekeeping and eventually to the mayor of the city. The still-to-be-authenticated find is said to be the largest in the world and would likely be valued in excess of US$100 million. (Herald Hugo/PPTO, via AP)

    MANILA, Philippines (AP) — A Filipino fisherman in western Palawan island has found possibly the world's biggest pearl, but he didn't know it.

  • Grain mixed, livestock mixed Associated Press - 28 minutes ago

    Grain futures were mixed Thursday in early trading on the Chicago Board of Trade. Wheat for Sept. delivery was .50 cent higher at $4.0460 a bushel; Sept. corn was .50 cent lower at $3.27 bushel; Sept. ...

  • FILE - This Thursday, Oct. 2, 2014, file photo shows the facade of the New York Stock Exchange. Global stocks fell Thursday, Aug. 25, 2016, in lackluster trading as investors awaited a speech by Federal Reserve Chair Janet Yellen on Friday for hints on a possible further interest rate increase. (AP Photo/Richard Drew, File)

    NEW YORK (AP) — Stocks are mostly unchanged in morning trading Thursday as investors sift through a handful of earnings reports. Several companies including HP and Dollar General fell after their results disappointed investors.

  • FILE - In this Saturday, June 18, 2016, file photo, President Barack Obama speaks by the Sentinel Bridge in the Yosemite Valley in front of Yosemite Falls, the highest waterfall in the park, at Yosemite National Park, Calif. In a new project with National Geographic, Obama becomes the first sitting U.S. president to project himself into virtual reality, in this case, a 360-degree representation of Yosemite National Park. The 11-minute VR video, narrated by Obama, is one part paean to the wonders of America’s national parks and one part warning of the threat posed by climate change. (AP Photo/Jacquelyn Martin, File)

    NEW YORK (AP) — In a new project with National Geographic, Barack Obama becomes the first sitting U.S. president to project himself into virtual reality — in this case, a 360-degree representation of Yosemite National Park.

  • The latest on developments in global financial markets (all times local): 10:10 a.m. U.S. stock indexes are slightly lower in early trading, while several companies fell sharply after reporting disappointing ...

  • People wait for firefighters to accompany them to get their belongings from their homes, in San Pellegrino, Italy, Thursday, Aug. 25, 2016. A magnitude 6 quake struck at 3:36 a.m. (0136 GMT) and was felt across a broad swath of central Italy, including Rome where residents of the capital felt a long swaying followed by aftershocks. (AP Photo/Andrew Medichini)

    AMATRICE, Italy (AP) — The Latest on the earthquake in central Italy (all times local):

  • In Iran, unique system allows payments for kidney donors Associated Press - 1 hour 13 minutes ago
    This Tuesday, Aug. 2, 2016 photo, shows handwritten advertisements for human kidneys for sale that includes the sellers' phone number and blood type, on a tree in downtown Tehran, Iran. A unique system allows those in need of a transplant to buy a kidney. The program, which has seen Iran’s waitlist for kidneys effectively drop to zero, has been championed by some Western doctors as a way to cut time for lifesaving transplants. However, some ethicists worry about the system taking advantage of the poor worldwide to black-market organ sales. (AP Photo/Ebrahim Noroozi)

    The whirling hum of a dialysis machine could have been the soundtrack to the rest of Zahra Hajikarimi's life but for an unusual program in Iran that allows people to buy a kidney from a living donor. Iran's ...

  • Bold moves, tepid gains: Have central banks met their limit? Associated Press - 1 hour 15 minutes ago
    Bold moves, tepid gains: Have central banks met their limit?

    The world's key central banks have worked themselves into contortions to try to rev up economic growth, raise inflation and coax consumers and businesses to borrow and spend more. They've pumped trillions ...

  • Iran: Forces will warn any vessel after US warship incident Associated Press - 1 hour 21 minutes ago

    TEHRAN, Iran (AP) — Iran's naval forces will warn or confront any foreign ship entering the country's territorial waters, the Iranian defense minister said Thursday, remarks that came after an incident this week involving a U.S. warship.

  • Quake damages scores of Myanmar's heritage Bagan temples Associated Press - 1 hour 26 minutes ago
    Quake damages scores of Myanmar's heritage Bagan temples

    It was a time of conquest and conversions. Above all, it was a time of construction, on a scale never seen before. Over 250 years, from the 11th century onwards, the rulers of Bagan built more than 10,000 ...

  • Orders for US durable goods rebounded in July Associated Press - 1 hour 37 minutes ago
    In this April 6, 2016, photograph, front seats await placement in a vehicle while a technician works on the door frame of an NV Cargo Van in the background, at the Nissan Canton Vehicle Assembly Plant in Canton, Miss. On Thursday, Aug. 25, 2016, the Commerce Department releases its July report on durable goods. (AP Photo/Rogelio V. Solis)

    WASHINGTON (AP) — Orders to U.S. factories for big-ticket manufactured goods surged in July, lifted in part by the biggest increase in orders in a key investment category since January.

  • Dollar Tree meets 2Q profit forecasts Associated Press - 1 hour 39 minutes ago
    Dollar Tree meets 2Q profit forecasts

    Dollar Tree Inc. (DLTR) on Thursday reported fiscal second-quarter net income of $170.2 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Chesapeake, Virginia-based ...

  • Fan-made 'Star Trek' sets become tourist attraction in NY Associated Press - 1 hour 41 minutes ago
    In this Saturday, Aug. 13, 2016 photo, James Cawley sits in the captains chair while talking about his replica of the starship Enterprise from the original "Star Trek" series during the Trekonderoga festival in Ticonderoga, N.Y. Sets mimicking those of the 1960s TV series “Star Trek” have become a tourist attraction in upstate New York. (AP Photo/Hans Pennink)

    TICONDEROGA, N.Y. (AP) — On its many voyages through space, the Starship Enterprise has endured bridge-shaking blasts from enemy ships and infiltration by scheming aliens. Now it's being invaded by tourists.

  • World's first self-driving taxis debut in Singapore Associated Press - 1 hour 42 minutes ago
    World's first self-driving taxis debut in Singapore

    The world's first self-driving taxis will be picking up passengers in Singapore starting Thursday. Select members of the public will be able to hail a free ride through their smartphones in taxis operated ...

  • StealthGas reports 2Q loss Associated Press - 1 hour 43 minutes ago

    On a per-share basis, the Athens, Greece-based company said it had a loss of 4 cents. The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research ...

  • Dollar General misses Street 2Q forecasts Associated Press - 1 hour 43 minutes ago
    Dollar General misses Street 2Q forecasts

    Dollar General Corp. (DG) on Thursday reported fiscal second-quarter profit of $306.5 million. The Goodlettsville, Tennessee-based company said it had net income of $1.08 per share. The results did not ...

  • Applications for US unemployment benefits slipped last week Associated Press - 1 hour 57 minutes ago
    Applications for US unemployment benefits slipped last week

    Slightly fewer people filed for U.S. unemployment benefits last week, a sign the American job market remains healthy. THE NUMBERS: The Labor Department said Thursday that applications for jobless aid slipped ...

  • Turkey: US says Syria Kurds are pulling back in north Syria Associated Press - 2 hours 23 minutes ago
    FILE - In this Feb. 22, 2015 file photo, Syrian Kurdish militia members of the YPG make a V-sign next to a drawing of Abdullah Ocalan, jailed Kurdish rebel leader, in Esme village in Aleppo province, Syria. A Turkish military expedition into Syria has threatened a Kurdish political project just as Kurdish forces seemed on the verge of connecting their northern Syrian zones. It is the first Turkish ground intervention in the course of the Syria war, now in its sixth year, and it underscores how seriously Turkey is taking Kurdish autonomy next door. (Mursel Coban/Depo Photos via AP, File)

    ANKARA, Turkey (AP) — Syrian Kurdish forces have started withdrawing east of the Euphrates River, Turkish officials said Thursday, a move that could fulfill a major demand by Ankara and the United States a day after Turkey sent in tanks across the border to help Syrian rebels take a key Islamic State stronghold.

  • Obama administration taps Kim for second term at World Bank Associated Press - 2 hours 24 minutes ago
    Obama administration taps Kim for second term at World Bank

    The Obama administration is nominating current World Bank President Jim Yong Kim for a second term leading the 189-nation international lending organization. In making the announcement Thursday, Treasury ...

  • Designer Sonia Rykiel, known for a relaxed style, dies at 86 Associated Press - 2 hours 27 minutes ago
    FILE - In this Jan.18 2008 file photo, French fashion designer Sonia Rykiel looks on prior to the presentation of her men's fall/winter 2008-2009 fashion collection presented in Paris. Rykiel, whose relaxed striped sweaters helped liberate women from their stuffy suits and who went on to run a global fashion empire, has died at 86, according to the French president's office. (AP Photo/Thibault Camus, File)

    PARIS (AP) — Sonia Rykiel, a French designer dubbed the "queen of knitwear" whose relaxed sweaters in berry-colored stripes and eye-popping motifs helped liberate women from stuffy suits, has died. She was 86.

  • UK lawmakers urge social media companies to tackle extremism Associated Press - 2 hours 27 minutes ago
    FILE - This Friday, Oct. 18, 2013, file photo, shows a Twitter app on an iPhone screen in New York. British lawmakers on Thursday, Aug. 25, 2016 demanded that social media companies do more to police users who promote extremism, arguing that companies like Google, Facebook and Twitter are “consciously failing’’ to stop radicalization online.(AP Photo/Richard Drew, File)

    LONDON (AP) — British lawmakers on Thursday demanded that social media do more to police users who promote extremism, arguing that companies like Google, Facebook and Twitter are "consciously failing" to stop radicalization online.

  • Italian quake death toll rises to 241, anguish mounts Associated Press - 2 hours 33 minutes ago
    Italian quake death toll rises to 241, anguish mounts

    Rescue crews aided by sniffer dogs dug through crumbled homes Thursday looking for earthquake survivors as Italy again anguished over how to secure its ancient towns and modern cities from the country's ...

  • Standex posts 4Q profit Associated Press - 2 hours 35 minutes ago

    On a per-share basis, the Salem, New Hampshire-based company said it had net income of 95 cents. Earnings, adjusted for one-time gains and costs, came to $1.31 per share. The equipment manufacturing company ...

  • North Atlantic Drilling posts 2Q profit Associated Press - 2 hours 41 minutes ago

    On a per-share basis, the Hamilton, Bermuda-based company said it had net income of 53 cents. The offshore drilling services contractor posted revenue of $164.6 million in the period. The company's shares ...

  • Colombia's president rushing vote on deal with rebels Associated Press - 2 hours 44 minutes ago
    Colombia's president rushing vote on deal with rebels

    Colombia's president is moving fast to hold a national referendum on a peace deal meant to end a half-century of bloody conflict with leftist rebels, saying he will give congress the text of the deal on ...

  • WhatsApp is going to share your phone number with Facebook Associated Press - 2 hours 53 minutes ago
    FILE - This Feb. 19, 2014, file photo, shows WhatsApp and Facebook app icons on a smartphone in New York. Global messaging service WhatsApp says it will start sharing the phone numbers of its users with Facebook, its parent company. That means WhatsApp users could soon start seeing more targeted ads on Facebook, although not on the messaging service itself. (AP Photo/Patrick Sison, File)

    SAN FRANCISCO (AP) — Global messaging service WhatsApp says it will start sharing the phone numbers of its users with Facebook, its parent company. That means WhatsApp users could soon start seeing more targeted ads on Facebook — although not on the messaging service itself.

  • Bio Blast reports 2Q loss Associated Press - 3 hours ago

    On a per-share basis, the Tel Aviv, Israel-based company said it had a loss of 22 cents. The company's shares closed at $1.75. A year ago, they were trading at $4.95. _____ This story was generated by ...

  • FILE - In this Wednesday, Dec. 7, 2011 file photo, a person stands near the Apple logo at the company's store in Grand Central Terminal, in New York. The European Union's executive branch rejected Thursday, Aug. 25, 2016 the U.S. government's complaint that its probes into sweetheart tax deals between EU governments and big companies are hitting U.S. firms hardest. The European Commission, which polices EU laws, is cracking down on the practice in which EU governments offer low corporate tax rates to multinationals. The Commission has opened tax probes into Apple in Ireland, Starbucks in the Netherlands and Amazon in Luxemburg. (AP Photo/Mark Lennihan, File)

    BRUSSELS (AP) — The European Union's executive branch rejected Thursday the U.S. government's complaint that its probes into sweetheart tax deals between EU governments and big companies are hitting U.S. firms hardest.

  • SouFun reports 2Q loss Associated Press - 3 hours ago

    On a per-share basis, the Beijing-based company said it had a loss of 9 cents. Losses, adjusted for one-time gains and costs, came to 8 cents per share. The real estate Internet company posted revenue ...

  • Toronto-Dominion posts 3Q profit Associated Press - 3 hours ago

    The Toronto-based bank said it had earnings of 95 cents per share. Earnings, adjusted for amortization costs, came to 97 cents per share. The results topped Wall Street expectations. The average estimate ...

  • CHISINAU, Moldova (AP) — Romania's prime minister says his country has paid 60 million euros ($68 million) to Moldova, the first part of a larger loan, and urged the government to continue making reforms.

  • Hoegh LNG posts 2Q profit Associated Press - 3 hours ago

    On a per-share basis, the Hamilton, Bermuda-based company said it had net income of 16 cents. Earnings, adjusted for non-recurring costs, came to 31 cents per share. The provider of liquid natural gas ...

  • Sanderson Farms posts 3Q profit Associated Press - 3 hours ago

    The Laurel, Mississippi-based company said it had net income of $2.42 per share. The poultry producer posted revenue of $728 million in the period. Sanderson Farms shares have risen 23 percent since the ...

  • NeuroDerm reports 2Q loss Associated Press - 3 hours ago

    On a per-share basis, the Rehovot, Israel-based company said it had a loss of 32 cents. The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment ...

  • Navios reports 2Q loss Associated Press - 3 hours ago

    On a per-share basis, the company said it had a loss of 29 cents. The shipping and logistics company posted revenue of $105.7 million in the period. The company's shares closed at $1.03. A year ago, they ...

  • FILE - This Oct. 10, 2013, file photo, shows an EpiPen epinephrine auto-injector, a Mylan product, in Hendersonville, Texas. Mylan, now in the crosshairs over severe price hikes for its EpiPen, said Thursday, Aug. 25, 2016, it will expand programs that lower out-of-pocket costs by as much as half. (AP Photo/Mark Zaleski, File)

    NEW YORK (AP) — Mylan, in the face of heated criticism over price hikes for its EpiPen emergency allergy treatment, is bulking up programs that help patients pay for the drug.

  • 1-800-Flowers.com reports 4Q loss Associated Press - 3 hours ago

    On a per-share basis, the Carle Place, New York-based company said it had a loss of 17 cents. Losses, adjusted for one-time gains and costs, were 14 cents per share. The results met Wall Street expectations. ...

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