DJIA: 17,730.11  -27.80 (-0.16%) | NASDAQ: 5,009.214  0.00 (0.00%) | S&P 500: 2,076.78  -0.64 (-0.03%) Markets status unavailable

  • Show Article Details

    Shares of Melco Crown Entertainment (MPEL) are gaining by 9.35% to $21.47 in mid-morning trading on Wednesday, as casino stocks continue to rise from Tuesday, despite another monthly decline in Macau's gambling revenue. Data released today shows June revenue in the Chinese gaming district fell for the 13th consecutive month by 36%, when compared to the same period last year.

  • Show Article Details

    Shares of Peabody Energy (BTU) were falling 15.5% to $1.85 Wednesday after the coal mining company warned that it expects to report lower earnings and EBITDA in the second quarter. Peabody Energy (BTU) said it expects a $40 million charge due to substantial rains and flash flooding in the Southern Powder River Basin in Montana that reduced production by 5 million to 5.5 million tons in June.

  • Show Article Details

     McCormick & Co. shares are down 3.4% to $78.20 in early market trading on Wednesday despite reporting better than expected second quarter earnings results after the closing bell yesterday.The Sparks, MD-based spice and seasoning mix and condiment maker beat analysts' earnings expectations, reporting profits of 75 cents per diluted share versus the consensus 68 cents per share expectations.Reve...

  • Show Article Details

    Sales of transport fuels have exceeded all expectations this year, making demand from reviving economies the mantra of bulls who say the oil price is well on the mend. But warning signs, especially in Europe, may derail that view.

  • Show Article Details

    * Inside story of tortuous negotiations over Athens' debt. * Mistrust grew, driving sides apart. * Referendum call surprised even Greek negotiators. * Vote may lead to Grexit or new government. By Renee Maltezou, Elizabeth Pineau and Andreas Rinke. It was a small room with a plain wooden table a few feet wide.

  • Show Article Details

    Fiat Chrysler Automobiles U.S. June auto sales rose 8 percent from a year ago, boosted by the continued strength of its Jeep SUV brand. U.S. auto sales, often an early snapshot into consumer spending each month, are expected to rise about 5 percent for the industry.

  • Show Article Details

    Constellation Brands Inc (STZ) reported a better-than-expected quarterly profit, helped by higher sales of its Corona and Modelo beers, and said it would buy the Meiomi wine brand for about $315 million. Shares of Constellation, which also raised its full-year adjusted profit forecast, rose 2 percent in premarket trading on Wednesday.

  • Show Article Details

    - General Mills Inc (GIS) , the maker of Cheerios cereal and Betty Crocker cake mixes, said fourth-quarter profit halved as it recorded a $260 million charge to write down the value of one of its frozen and canned vegetable businesses. An assessment of its Green Giant brand showed the business's market value was now lower than its carrying value, the company said in a statement on Wednesday.

  • Show Article Details

    By Wallace Witkowski and Sue Chang, MarketWatch. Nike flat after chairman succession plan announced. AeroVironment Inc. shares rose in the extended session Tuesday after the drone maker's results topped Wall Street estimates.

  • Show Article Details

    Nike Inc (NKE), the world's biggest sports shoe company, said it had started a succession plan for Chairman Phil Knight and said he would transfer his ownership in the company to Swoosh, a limited liability company. Knight said he recommended current CEO Mark Parker to succeed him as chairman, expectedly in 2016.

  • Show Article Details

    - The head of General Electric Co's (GE) finance unit said Tuesday he expects the pace of GE Capital asset sales will accelerate in the third quarter as the U.S. conglomerate eyes unloading an even bigger chunk of assets. "We’re going to pick up the pace in the third quarter," GE Capital Chief Executive Keith Sherin told Reuters in an interview.