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Stock price movements

FILE- In this March 12, 2019, file photo a handheld device of trader Sal Suarino is reflected in his glasses as he works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, March 21. (AP Photo/Richard Drew, File)
March 21, 2019 - 4:12 pm

S&P 500 ends 2-day losing streak as tech leads stocks higher

Technology companies powered a broad rally for U.S. stocks Thursday, snapping the market's two-day losing streak. Apple and chipmakers led the wave of buying, helping to drive the technology sector to an overall gain of 2.5 percent. The sector is up 21.1 percent this year so far, well ahead of the...
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FILE - This Jan. 31, 2018 file photo shows a Lyft logo on a Lyft driver's car in Pittsburgh. Lyft officially kicked off the road show for its initial public offering Monday, March 18, 2019, with 30 million shares expected to cost between $62 and $68 per share. That would raise more than $2 billion for the San Francisco ride-hailing company, which could be valued in between $20 billion and $25 billion eventually. Lyft announced earlier this month that it intended to go public and has been in a race with Uber to be first to offer its stock to the public. (AP Photo/Gene J. Puskar, File)
March 18, 2019 - 8:15 pm

Lyft opens its IPO road show, to offer more than 30M shares

NEW YORK (AP) — Lyft officially kicked off the road show for its initial public offering, saying Monday it plans to put more than 30 million shares up for sale with an anticipated price of between $62 and $68 per share. That would raise more than $2 billion for the San Francisco ride-hailing...
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FILE - In this Tuesday, July 16, 2013, file photo, an ATM is displayed at a Wells Fargo bank, in Atlanta. Fidelity National Information Services is buying Worldpay for about $35 billion with financial transactions increasingly move online. (AP Photo/David Goldman, File)
March 18, 2019 - 2:38 pm

FIS, Worldpay ink $35B deal as digital payments get complex

Fidelity National Information Services is buying Worldpay for about $35 billion to combine forces as financial transactions increasingly move online. The payment service industry works behind the scenes to help complete the process for purchases. It was a simpler exercise when those transactions...
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FILE- In this March 5, 2019, file photo trader Gregory Rowe works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, March 15. (AP Photo/Richard Drew, File)
March 15, 2019 - 4:43 pm

Tech companies power US stocks to solid weekly gain

The S&P 500 rose to a new high for the year Friday as resurgent technology stocks closed out their best week in four months with solid gains. Financial, health care and consumer stocks also helped lift the market. The gains erased losses from last week, when the S&P 500 had its worst week...
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A woman walks past an electronic board showing Hong Kong share index outside a local bank in Hong Kong, Friday, March 8, 2019. Asian markets tumbled Friday on fears that the U.S. and China may not be as close to a trade deal as President Donald Trump hopes. Selling was also fueled by worries about the global economy ahead of Chinese trade data.(AP Photo/Vincent Yu)
March 08, 2019 - 1:13 am

Asian shares tumble on poor Chinese trade data

SINGAPORE (AP) — Shares tumbled Friday in Asia, led by sharp declines in Shanghai and Hong Kong, after China reported its exports plunged more than 20 percent in February from a year earlier. Selling also was fueled by worries that the U.S. and China may not be as close to a trade deal as President...
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February 26, 2019 - 3:47 pm

Dutch govt buys stake in Air France-KLM holding company

THE HAGUE, Netherlands (AP) — The Dutch government has bought more than 12 percent of shares in the holding company for the Air France-KLM airline alliance, a move intended to give it more influence over the uneasy partnership's future. Dutch Finance Minister Wopke Hoekstra announced Tuesday that...
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February 25, 2019 - 7:41 pm

SEC wants Tesla CEO Elon Musk held in contempt for tweeting

SAN FRANCISCO (AP) — Tesla CEO Elon Musk's tweeting habits have triggered another legal challenge from stock market regulators worried about him using his Twitter account to mislead investors. The latest dust-up emerged late Monday when the Securities and Exchange Commission asked a federal court...
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February 25, 2019 - 7:29 am

GE sells biopharma unit for $21 billion

BOSTON (AP) — General Electric is selling its biopharma business to Danaher Corp. for $21.4 billion as it continues to sell off chunks of a once sprawling conglomerate. The biopharma unit, part of GE Life Sciences, generated revenue of about $3 billion last year. Danaher said after tax benefits,...
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FILE- In this Aug. 7, 2018, file photo a CVS Pharmacy building sign rests on a Jackson, Miss., store. CVS Health topped fourth-quarter earnings forecasts, but the nation’s second-largest drugstore chain also debuted a 2019 outlook that fell far short of Wall Street expectations. The company said Wednesday, Feb. 20, 2019, that it expects adjusted earnings to range between $6.68 and $6.88 this year. FactSet says analysts expect earnings of $7.35 per share. (AP Photo/Rogelio V. Solis, File)
February 20, 2019 - 8:15 am

Trouble at CVS Health long-term care business weighs heavily

CVS Health beat fourth-quarter earnings forecasts, but a struggling long-term care business took another huge bite out of the company's performance and its initial 2019 forecast was weaker than expected. Shares tumbled nearly 9 percent before the opening bell Wednesday. CEO Larry Merlo said in a...
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FILE- In this Nov. 7, 2013, file photo, a Twitter sign is draped on the facade of the New York Stock Exchange before its IPO in New York. Twitter reports financial results Thursday, Feb. 7, 2019. (AP Photo/Mark Lennihan, File)
February 07, 2019 - 6:57 am

Twitter posts bigger 4Q profit, monthly user base slips

NEW YORK (AP) — Twitter that revenue and profit and its daily user base all grew in the final three months of 2018. But its monthly user count slipped and shares slid 7 percent before the opening bell Thursday. The San Francisco company disclosed its daily user base count for the first time,...
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