8/28/2008 11:46:59 AM Thursday, BioDelivery Sciences International Inc. (BDSI - Stock Boards, Stock Quotes, Stock Charts ), a specialty biopharmaceutical company, said it received a Complete Response letter from the U.S. Food and Drug Administration, or FDA, with respect to ....
8/28/2008 11:38:17 AM Thursday, Fred's, Inc. (FRED - Stock Boards, Stock Quotes, Stock Charts ), an operator of discount stores and pharmacies, announced a fall in its second-quarter net income that reflects costs associated with closing of 50 stores and one pharmacy. On an ....
8/28/2008 11:27:13 AM In an interview with RTT News, Jim Paulsen, chief investment strategist at Wells Capital Management says much of the upwardly revised second quarter GDP figure "is not explained" by the government stimulus ....
Stocks extended their advance in early trading Thursday after a better-than-expected reading on the nation's economy and a drop in jobless claims. The Dow Jones industrial average rose 150 points.
The economy shifted to a higher gear in the spring, growing at its fastest pace in nearly a year as foreign buyers snapped up U.S. exports and tax rebates spurred shoppers at home.
The number of people signing up for jobless benefits declined last week, the third straight drop from a six-year high reached earlier this month, the government said Thursday.
Oil prices shot higher for the fourth straight day, breaking through $120 per barrel as Tropical Storm Gustav headed for the Gulf of Mexico and strengthened as it bore down on the vast U.S. energy infrastructure along the coast.
Sears Holdings Corp. reported a 62 percent drop in second-quarter profit as the retailer continues to struggle to attract customers to its stores despite a high-stakes restructuring.
U.S. jewelers are confident they will prevail this holiday shopping season, betting that upscale and middle-income customers won't resist buying baubles despite a weak economy.
Shares of military contractors mostly rose with the broader market Thursday after an analyst said the sector offers "near-term strategic buying opportunities."
The U.S. economy expanded faster than previously estimated in the second quarter, helped by a surge in exports that will probably wane as Europe and Japan head toward recessions.
U.S. stocks climbed for a third day, led by manufacturers and financial companies, after growth in exports helped the economy expand faster than estimated in the second quarter.
Sears Holdings Corp., the biggest U.S. department-store company, reported second-quarter profit that fell more than some analysts estimated and said full-year profit may decline as the U.S. economic slump persists.
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