Stocks are down Tuesday, with the Nasdaq stumbling back below the 5000 threshold. As of 3:18 p.m. ET, the Nasdaq composite is down 0.7% -- and 26 points below 5000.
CHAMPAIGN - General Growth Properties confirmed today that Dick's Sporting Goods and Field & Stream will open stores this fall at Champaign's Market Place Shopping Center.
Best Buy boosted revenue by 1.3% in the fourth quarter to $14.2 billion. Revenue was lifted by sales of big screen TVs and mobile phones.
HEWLETT-Packard has agreed to acquire wireless networking company Aruba Networks in a deal valued at roughly $US2.7 billion ($3.45bn), expanding HP's capabilities in the mobile market.
Top business executives are pressing Congress to give President Barack Obama greater authority to negotiate international trade deals, citing the potential for increased hiring in the United States and greater competitiveness for their companies overseas.