US stocks weighed down by poor trading news and merger collapse
US stocks are weighed down by poor trading updates from Walt Disney and Macy's as well as the collapse of a proposed merger between Staples and Office Depot
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NYSE:DIS
Walt Disney Co is a diversified entertainment company that operates in three segments: Entertainment, Sports and Experiences.
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US stocks are weighed down by poor trading updates from Walt Disney and Macy's as well as the collapse of a proposed merger between Staples and Office Depot
Investments and investor services
The EIA reported a 3.4mln barrel decline in stockpiles last week.
The EIA reported a 3.4mln barrel decline in stockpiles last week.
Staples and Office Depot shares are heading for the bin after a judge blocked the mega-merger
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Also mentioned: Tesla, Walt Disney, Yahoo and Twitter
Thomas Staggs is leaving the theme parks operator having been promoted last year to chief operating officer
It was a day for big characters... and big companies....
Kids film giant and household name Disney (NYSE:DIS) saw shares fall after hours despite it posting the "highest quarterly earnings" in its history driven by the success of the latest Star Wars offering.
Futures trading indicates a higher open on Wall Street..
Star Wars: The Force Awakens took an estimated US$517mln in global ticket sales
Investments and investor services
Blue-chips put on a late spurt to propel the major indexes comfortably into positive territory.
The S&P 500 and the Nasdaq were in positive territory, while the Dow inched down.
Two-and-a-half days of losses have taken the benchmark index below the level at which it started the year.
U.S. stocks switched been modest gains and losses in a choppy day of trading as investors digested conflicted U.S. economic data. The S&P 500 (INDEXSP:.INX) added 0.3 percent to 2,100.007 at 3:42 p.m. in New York. The 30-company Dow Jon
Wall Street is set to open higher today as investors digested a lower-than-expected read on private payrolls. Futures for the S&P 500 were last up 0.6 percent to 2,096.25, while those for the Dow Jones Industrial Average advanced by 0.4