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U.S. markets news

Stocks close down sharply, but they were worse earlier: Dow was down 400 at ...
Wall Street rode another wave of selling Monday that sent U.S. stocks sharply lower, before a late-afternoon pullback stemmed some of the losses.
Wall St. Ends Day Lower as Oil Prices Fall  New York Times
Chesapeake moves to quash bankruptcy fears as shares plunge
Chesapeake Energy, the No. 2 U.S. natural gas producer, said on Monday it had no plans to file for bankruptcy, after sources told Reuters the company had asked its longtime counsel to look at restructuring options.
Chesapeake Energy Plunges on Cash Concerns  Bloomberg
Chesapeake Falls by Most Since '93 Amid Cash Drought Concern  Rigzone
No, the Rocket Mortgage Ad Is Not the Sign of Another Financial Apocalypse
Quicken Loans is taking flack for its Super Bowl ad, which focused on a new website, Rocket Mortgage, designed to make it easier to get a mortgage, so easy that you can do so on your phone.
Quicken Loans Super Bowl ad strikes wrong nerve with Twitteratti and journalists  HousingWire (blog)
Quicken's 'Rocket Mortgage' Super Bowl ad sparks backlash
Unsafe Lead Levels in Tap Water Not Limited to Flint
In Sebring, Ohio, routine laboratory tests last August found unsafe levels of lead in the town's drinking water after workers stopped adding a chemical to keep lead water pipes from corroding.
Lack of funding opens door for water quality issues throughout the country  Virginia Tech Collegiate Times
DEP: Pennsylvania water systems not the cause of lead exposure  WTAE Pittsburgh
Yelp's Due for an Activist Review
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.
Yelp Plunges After Out-Early Report Shows Key Metrics Slowed  Investor's Business Daily
Yelp posts smaller-than-expected loss; CFO to step down  Reuters
Michigan pump prices drop as winter gas goes on 'clearance sale'
Average retail gasoline prices in Michigan dropped by about 14 cents per gallon in the past week, averaging $1.51 Monday, Feb. 8, according to GasBuddy's daily statewide survey of 4,913 gas outlets.
AAA: RI gas prices fall for 10th straight week  The Providence Journal
SC gas prices continue to slide; Oklahoma posts nation's lowest prices  Charleston Post Courier
UPDATE 1-Movie business weakness weighs on Fox revenue
(Compares with estimates, adds details, share movement). Feb 8 Twenty-First Century Fox Inc reported lower-than-expected quarterly revenue, hurt by weakness in its movie business.
Fox -5.4% on revenue miss, downbeat full-year outlook  Seeking Alpha
Gap, Inc. (GPS) Jan. Comps Decline 8%; Q4 EPS Guidance Tops Views
Get an inside look at Wall Street with StreetInsider Premium. Get your 2-week free trial here. Gap Inc. (NYSE: GPS) today reported that net sales for the four-week period ended January 30, 2016 were $813 million compared with net sales of $888 million ...
Gap Reports 7 Pct Drop for a Key Sales Figure for 4Q  New York Times
University of Phoenix: New Boss, Same as Old?
Today, the University of Phoenix's owner, Apollo Education Group, announced a $1.1 billion deal to be acquired by a consortium of investors including Apollo Global Management (no relation) and the Vistria Group, a private equity firm that includes Tony ...
Apollo Education to be taken private in $1.1 billion deal  Chicago Tribune
$1.1 billion deal will make University of Phoenix parent Apollo Education a ...  Miami Herald
Federal Specialist to Inspect Elevated Radiation at Indian Point
The Nuclear Regulatory Commission is sending a radiation-protection specialist to New York this week to inspect the Indian Point nuclear power plant after state officials found evidence of a surge in radiation levels in groundwater there, a spokesman ...
Indian Point nuclear plant leak causes radioactivity in groundwater  CNN
Radioactive material found in groundwater below nuke plant  Washington Times