Latest Stock price movements News

Asian stocks sink after Wall Street declines

Apr. 18, 2019 12:36 AM EDT

BEIJING (AP) — Asian stocks fell Thursday after Wall Street declined despite encouraging Chinese economic data. Benchmarks in Shanghai, Tokyo, Seoul and Hong Kong all retreated. Sydney was little-changed. U.S. stocks fell despite data showing growth in China's gross domestic product held steady in the...

Asian shares edge lower despite encouraging China GDP data

Apr. 16, 2019 11:45 PM EDT

TOKYO (AP) — Major share benchmarks were mostly lower in Asia on Wednesday after China announced its economy grew at a 6.4% annual pace in the last quarter. Japan's Nikkei 225 index gained 0.3% to 22,289.32 and the Shanghai Composite was almost unchanged at 3,252.42. Hong Kong's Hang Seng index fell 0.3%...

Clarification: Tiger Woods-Golf Industry story

Apr. 16, 2019 11:23 AM EDT
NEW YORK (AP) — In a story April 15, The Associated Press reported that Adidas sold off its golf business. The story should have clarified that the business Adidas sold off was a golf club maker, and that Adidas still offers golf apparel, footwear and accessories.

Lyft pulls electric bikes off the road after brake problems

Apr. 15, 2019 4:19 PM EDT

NEW YORK (AP) — Paul Buijs had logged more than 750 Citi Bike rides before he took out an electric bike for the first time. He was riding it in Manhattan when a minivan swerved into his path. Buijs hit the brakes and immediately flew through the air, taking the brunt of the fall with his nose and lip. He...

Brazil Petrobras shares drop after price hike canceled

Apr. 12, 2019 3:18 PM EDT

SAO PAULO (AP) — Stock prices of Brazil's state oil company have dropped after its decision to reverse an announced 5.7% increase in diesel prices. The reversal was announced Thursday night after President Jair Bolsonaro met with the head of Petrobras, Roberto Castello Branco. Local media reported the...

Chevron vaults into new league on $33B Anadarko acquisition

Apr. 12, 2019 1:53 PM EDT

Chevron is buying Anadarko Petroleum for $33 billion, energizing its oil and gas drilling capabilities in Texas and the Gulf of Mexico while vaulting itself into a new league. The combined company will remain far behind Exxon Mobil Corp. and Royal Dutch Shell Plc. in market capitalization, but Chevron will jump...

Disney's new blockbuster ... its share price

Apr. 12, 2019 10:56 AM EDT

NEW YORK (AP) — Walt Disney shares are rocketing to an all-time high in early trading after the company moved aggressively into the streaming arena. The Disney Plus video steaming is being released in tandem with a blockbuster lineup of films coming out this year, including Aladdin, Toy Story 4, The Lion...

Rite Aid cuts 95% of outstanding shares to hit NYSE minimum

Apr. 11, 2019 9:14 AM EDT

Rite Aid will chop its share count by about 95% in a bid to push the remaining shares above minimum trading requirements on the New York Stock Exchange. The board of the struggling drugstore chain approved a 1-for-20 ratio for a reverse stock split after shareholders backed the plan last month. That will cut the...

Asian shares fall as Fed minutes show data may tweak stance

Apr. 10, 2019 11:42 PM EDT

SINGAPORE (AP) — Asian markets retreated Thursday on news that most U.S. Federal Reserve officials believed the central bank would leave interest rates unchanged for the rest of the year. But several said their views could shift with incoming data. Japan's benchmark Nikkei 225 shed 0.3% to 21,627.87 and...

S&P 500 ekes out gain, enough to extend winning streak

Apr. 8, 2019 4:36 PM EDT

NEW YORK (AP) — U.S. stock indexes took a round trip Monday, erasing their early-morning losses to end the day close to where they started. The S&P 500 eked out a small gain, enough to prolong its winning streak to eight days, its longest in a year and a half. But the Dow Jones Industrial Average ended...