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July 11th, 2014
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Archive: News / Biz / Business & Finance (18 Stories)

JC Penney looking to raise $810.6M from offering

09/27/2013 5:53am
J.C. Penney, the struggling retailer that is trying to reassure the market about its financial stability, expects to raise about $810.6 million via a public stock offering.

List of models scoring well in new safety test

09/27/2013 7:10am
Seven new midsize cars and SUVs from the 2013 and 2014 model years earned "superior" ratings in a new test of high-tech safety features designed to prevent front-end crashes.

FAA to weigh easing limits on electronic devices

09/27/2013 7:31am
With the blessing of an influential advisory panel, federal regulators are closer to letting airline passengers use their smartphones, tablets, e-readers and other electronic gadgets during takeoffs and landings.

Pattern Energy rises after IPO raises $319M

09/27/2013 8:39am
Shares of Pattern Energy are on the rise after the wind power company raised more than $300 million in its initial public offering.

Enzymotec IPO prices at $14 a share, below range

09/27/2013 9:31am
Enzymotec shares soared Friday on their first day of trade as investors snapped up shares of the medical foods maker.

Violin Memory shares fall in market debut

09/27/2013 9:42am
Violin Memory Inc. shares fell sharply in the flash storage maker's market debut.

Croatian court seeks detention of Hungarian CEO

09/27/2013 9:51am
A Croatian court has ordered the detention of the chairman of Hungary's MOL energy group who is under investigation here for allegedly bribing a former prime minister in Croatia.

FHA to draw $1.7b from Treasury to cover losses

09/27/2013 10:32am
A federal housing agency said Friday it needs a $1.7 billion bailout from the Treasury to cover projected losses in a mortgage programs for seniors.

Gas prices fall as weather, output calm markets

09/27/2013 11:21am
Gasoline prices have fallen steadily throughout September, and drivers should look forward to even cheaper fill-ups in the weeks ahead.

FDA adds most severe warning to Pfizer's Tygacil

09/27/2013 12:13pm
Regulators are putting their harshest warning on Pfizer's antibiotic Tygacil, saying the drug is associated with an increased risk of death.

US housing agency to tap $1.7B in taxpayer aid

09/27/2013 12:17pm
A federal agency that insures mortgages for millions of low- and middle-income borrowers says it requires $1.7 billion in taxpayer aid immediately to cover its losses.

Exxon to offer benefits to same-sex couples in US

09/27/2013 12:43pm
Exxon says it will begin offering benefits to legally married same-sex couples in the U.S. for the first time as of Oct. 1.

Gas prices fall as weather, output calm markets

09/27/2013 1:07pm
Gasoline prices have fallen steadily throughout September, and drivers should look forward to even cheaper fill-ups in the weeks ahead.

Exxon to offer benefits to same-sex couples in US

09/27/2013 1:26pm
Exxon Mobil Corp. said Friday that it will begin offering benefits to legally married same-sex couples in the U.S. for the first time starting next week.

Mutual fund trends: Index funds win again

09/27/2013 1:39pm
The numbers tell the story. The latest update on mutual fund performance is likely to widen the gap between investors who prefer index funds and those who favor the guidance of a stock picker. That plus some other trends from around the mutual fund industry:

Exxon to offer benefits to same-sex couples in US

09/27/2013 3:14pm
Exxon Mobil Corp. said Friday that it will begin offering benefits to legally married same-sex couples in the U.S. for the first time starting next week.

7 cars get top rating in high-tech safety test

09/27/2013 3:16pm
Seven midsize vehicles earned the top rating in a new insurance industry test of high-tech safety features designed to prevent front-end collisions.

BlackBerry posts loss, steep revenue drop for 2Q

09/27/2013 3:41pm
BlackBerry said Friday that it is committed to completing a series of major changes quickly after posting a nearly billion-dollar loss and a 45 percent drop in revenue for the second quarter.
 
   
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