Duke Energy in Talks With North Carolina Officials to Settle Inquiry
Duke Energy Corp. (DUK) said Thursday it is negotiating with North Carolina regulators and the state attorney general to resolve investigations into the company's surprise management shuffle following its acquisition of Progress Energy.
Forex Volumes Slid at CME, ICE in July
The volume of currency-derivative contracts traded in July on CME Group Inc.'s (CME) exchange fell by more than a quarter from the previous month, while its core interest-rate complex continued to shrink.
Facebook Drops Below $20 for First Time
Facebook shares tumbled beneath the $20 mark for the first time, signaling a 45% drop from its initial public offering in May.
Sears Dehumidifiers Recalled Due To Fire Hazard
The U.S. Consumer Product Safety Commission has recalled nearly 800,000 Kenmore dehumidifiers due the risk of fire and burns that they pose.
British American Tobacco Buys Back 184,000 for Treasury/3,464.4186P
British American Tobacco PLC (BATS.LN) said Thursday it purchased 184,000 of its ordinary shares for an average price of 3,464.4186 pence per share to hold in treasury.
Storm Dumps Five Feet Of Rain On Taiwan
A tropical storm that slammed into Taiwan this week has dumped almost five feet of rain on the island nation, leading to widespread flooding and disruption of transport, the Associated Press reports.
Yelp Shares Jump after Reporting Growth in Advertisers, Mobile
Yelp Inc. (YELP) shares jumped as much as 25% Thursday after the online ratings service reported that its base of local advertisers more than doubled and an increasing number of users took advantage of its mobile sites.
Kellogg 2nd Quarter Net Falls 12% as Europe Struggles Persist
Kellogg Co. (K) soothed investors with better performance in North American in the second quarter, and said it had greater clarity on its outlook for the year due to more marketing in the U.S. and plans to fix its business in Europe.
Facebook Stock Falls Below $20
Shares of Facebook Inc. slipped below $20 Thursday, as the social networking stock hit a record low of $19.96.