Stocks close out week with gain NEW YORK — A sharp slowdown in economic growth propelled stocks higher Friday as the government’s latest gross domestic product reading fed hopes for an end to interest rate hikes. (See story, this page.)
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Advanced Micro Devices to buy graphics chip maker ATI for $5.4 billion Madison Daily Leader - Based on AMD’s closing share price of $18.21 on Friday, the deal valued ATI’s shares at $20.47, a premium of almost 24 percent compared with ATI’s Friday’s closing price of $16.56 on the Nasdaq Stock Market. ATI […]
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Drug stocks mixed, Lilly slips on financial forecast BOSTON (MarketWatch) — Drug stocks were mixed in early trade Friday as shares of Eli Lilly slipped after the drugmaker said it would hit the lower end of its previously-issued financial forecast.
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U.S. stock futures mostly lower; Yahoo slides, J.P. Morgan gains LONDON (MarketWatch) — U.S. stock futures were mostly lower Wednesday, with the technology sector bearing most of the weakness, as higher-than-expected core consumer inflation data and disappointing results from Yahoo offset strong profit growth at J.P. Morgan Chase and IBM.
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