The S&P 500 closed at a record high Wednesday as stocks were mostly higher on positive earnings reports. With about 30% of the companies in the Standard & Poor's 500 index reporting, 68% have topped estimates.
BRT Realty Trust : Approximately 355,300 shares changed hands, a 5,005.0 percent increase over its 65-day average volume. The shares rose $.01 or .1 percent to $7.22.
WASHINGTON�U.S. securities regulators on Wednesday took a long-awaited step to reduce risk in the $2.6 trillion money-market mutual-fund industry, completing rules intended to prevent a repeat of an investor stampede out of the funds during the 2008 ...
(Adds details, RBNZ governor's quotes, comment). * OCR raised 25 bp to 3.50 pct, as expected. * RBNZ: Appropriate to pause and assess impact of tightening, more rises needed.
"It's such a large magnitude transaction," Mr. Malone said, adding that Fox's ability to pay with nonvoting stock and to access cheap debt means "that it would be very difficult to put together a competitive bid.