Japanese shares fell Wednesday as investors sold commodity stocks, although investors were cautious ahead of an announcement by the U.S. Federal Reserve on interest rates.... Tokyo shares fall ahead of Fed decision (AP)
Insurances & Business
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The U.S. economy may be in a funk, but that's nothing compared with the pall hanging over Wall Street. Some of the biggest U.S. investors said on Tuesday they expected... Investors see recession, Wall Street depression (Reuters)
Shares of G&K Services Inc. fell to a 52-week low Tuesday, after the maker and renter of workplace uniforms said its fiscal third-quarter profit fell, missing expectations.... G&K Services shares fall after 3rd-qtr profit misses views (AP)
Shares of Genentech Inc. and Biogen Idec Inc. fell Tuesday after the biotechnology companies reported a failure of their drug Rituxan to prompt a response in lupus patients in a... Genentech, Biogen shares dip on late-stage drug failure (AP)
Merck & Co. shares fell Tuesday after the Food and Drug Administration rejected the drugmaker's cholesterol drug Cordaptive, marking the company's second drug application rejection in four days.... Merck shares fall on FDA drug rejection, Abbott shares rise (AP)
Citigroup Inc said on Tuesday it plans to sell $3 billion of common stock to bolster its capital levels, sending its shares down in after-hours trading.... Citigroup to sell $3 bln in stock; shares fall (Reuters)
Shares of McDermott International Inc. fell sharply on Tuesday after the Houston-based energy services company predicted first-quarter profit below analyst estimates.... McDermott shares fall after weak 1st-quarter outlook (AP)
Shares of Gildan Activewear Inc. fell to a 52-week low Tuesday after the Canadian sportswear maker cut its guidance below expectations because of production shortfalls that are affecting sales growth.... Gildan Activewear shares fall after company cuts guidance (AP)
Shares of Digi International Inc. tumbled Tuesday after the networking equipment maker posted lower earnings and nearly flat sales in its fiscal second quarter, hurt by the U.S. economic slowdown.... Digi shares sink after 2Q results, forecast disappoints (AP)
Shares of Fresh Del Monte Produce Inc., which makes fresh-cut fruit and vegetables, dropped Tuesday after a BB&T analyst cut her rating on the shares despite a rise in first... Fresh Del Monte Produce shares drop on BB&T cut (AP)