AP Breaking News
The latest breaking business, global, and technology news from the Associated Press
Aggressive Mars breathes down Hershey's neck in US
October 11, 2008, 12:44AM ET
This stretch of rolling dairy country has long been Milton Hershey's turf, where he first found success making chocolate more than a century ago and earned a name synonymous with chocolate in America.
Flexible OLEDs could be part of lighting's future
October 11, 2008, 12:39AM ET
On a bank of the Mohawk River, a windowless industrial building of corrugated steel hides something that could make floor lamps, bedside lamps, wall sconces and nearly every other household lamp obsolete.
Chesapeake Energy shares tumble with energy prices
October 10, 2008, 9:13PM ET
Shares of Chesapeake Energy Corp. lost more than a fifth of their value Friday as crude and energy prices dropped and most broader markets slid amid widespread concern about the state of the global economy.
Exxon Mobil shares drop as crude continues slide
October 10, 2008, 9:08PM ET
Shares of energy giant Exxon Mobil Corp. hit their lowest point in more than two years Friday as crude prices dropped and concern continued to escalate on the state of the global economy.
Stocks got slammed, but was it a `crash'?
October 10, 2008, 9:05PM ET
Did stocks "crash"?
Anadarko Petroleum shares plunge with crude prices
October 10, 2008, 9:02PM ET
Shares of Anadarko Petroleum Corp. dropped Friday as crude oil prices touched fresh lows and the broader markets stumbled on concern about the global economy.
Macy's shares hit new low on weak forecast
October 10, 2008, 8:48PM ET
Macy's Inc.'s shares hit a 13-year low Friday, after the department store chain slashed its 2008 profit outlook amid deteriorating economic conditions.
Advanced Medical Optics sinks on lower forecast
October 10, 2008, 8:38PM ET
Shares of Advanced Medical Optics Inc. tumbled to an all-time low Friday after the eye care products maker cut its 2008 estimates, reporting a decline in laser vision procedures and an unexpected decrease in eye care sales.
Bebe Stores shares fall
October 10, 2008, 8:35PM ET
Shares of Bebe Stores Inc. fell Friday, after an analyst said there was 'no turnaround in sight' for the apparel retailer and lowered estimates on the company.
Pier 1 shares sink, analyst downgrades stock
October 10, 2008, 8:27PM ET
Shares of home decor chain Pier 1 Imports Inc. sank Friday as the broader markets mostly slid, retail outlooks remained weak and an analyst downgraded the company's stock because of a slowdown in turnaround efforts.
SLM Corp. shares rise; analysts lower estimates
October 10, 2008, 8:19PM ET
Shares of student lender SLM Corp. rose Friday even as a Keefe, Bruyette & Woods analysts lowered earnings estimates due to continued pressures in the credit markets.
Advanta shares rise after analyst upgrade
October 10, 2008, 8:16PM ET
Advanta Corp. shares rose nearly 20 percent Friday after an analyst said the stock had become too cheap following a weeklong sell-off.
Boston Scientific shares fall to 52-week low
October 10, 2008, 8:09PM ET
Shares of medical device maker Boston Scientific Corp. hit a new 52-week low Friday as markets continued to tumble, extending a week of huge losses in equities.
Cigna shares drop more than other health insurers
October 10, 2008, 8:08PM ET
Shares of Cigna Corp. fell further than those of other managed care companies Friday, as investors worried about investment exposure to a shaky stock market.
Stocks end worst week mixed after wild session
October 10, 2008, 7:48PM ET
Wall Street capped one of its worst weeks ever with a wild session Friday that saw the Dow Jones industrials gyrate within a 1,000 point range before closing with a relatively mild loss and the Nasdaq composite index actually ending with a modest advance. Investors were still agonizing over frozen credit markets, but seven days of massive losses and the possibility of further government support for the markets tempted some investors late in the session.
Banking basics pay off for Wells Fargo amid chaos
October 10, 2008, 7:46PM ET
With its iconic stagecoach, Wells Fargo & Co. has evoked images of the wild West throughout its 156-year history.
Walgreen hits 10-year low after CEO Rein departs
October 10, 2008, 7:43PM ET
Shares of Walgreen Co. sank to their lowest price in a decade Friday after the drugstore operator said its chief executive resigned effective immediately.
Movers roundup: Ford, Pier 1
October 10, 2008, 7:19PM ET
Among the stock activity stories for Friday, Oct. 10, from AP Financial News:
Movers roundup: Macy's, Walgreen
October 10, 2008, 7:19PM ET
Among the stock activity stories for Friday, Oct. 10, from AP Financial News:
Federal regulators clear Wells Fargo-Wachovia deal
October 10, 2008, 7:18PM ET
Federal antitrust regulators on Friday cleared Wells Fargo's $11.7 billion acquisition of Wachovia Corp., capping a weeklong battle for the Charlotte, N.C.-based bank.
