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Ruckus Wireless falls 6% below IPO price

NEW YORK (Forex Focus) -- Ruckus Wireless Inc. moved down 6% to $14.09 in recent trades as the technology firm dropped below it…

Obama, leaders huddle in fiscal-cliff talks

President Barack Obama and congressional leaders on Friday were readying for a White House meeting about averting the fiscal cli…

Nike to sell Cole Haan to Apax Partners

--Nike agrees to sell Cole Haan for $570 million to private-equity firm Apax Partners --Company is moving forward with a narrowe…

Allergan to buy SkinMedica for $350 million

Allergan Inc. AGN said it agreed to buy SkinMedica Inc.'s topical-aesthetics skin-care business for $350 million to increase…

Four veterans dead after train hits parade float

CHICAGO (Forex Focus) -- A train smashed into a parade float in West Texas late Thursday, killing four veterans and wounding 16 …

The $335 Thanksgiving turkey

Ayrshire Farm, the brainchild of Cisco co-founder Sandy Lerner, says their mail-order “heritage” birds trump mass-market gobbler…

Vets return from war to something worse

Veterans who survived the battlefields of Afghanistan now dodge the landmines of a tough job market, reports Al Lewis.

Peabody Energy leads losses among energy stocks

SAN FRANCISCO (Forex Focus) -- Shares of Peabody Energy Corp. declined 3.5% on Friday, leading losses among energy stocks in th…

Financials diverge on cusp of fiscal-cliff talks

U.S. financial stocks quickly pivot away from initial gains as political discussions in Washington on the so-called fiscal cliff…

OfficeMax surges on Boise Cascade investment

NEW YORK (Forex Focus) -- Office-supplies chain OfficeMax Inc. surged 27% on Friday on hope that the office-supplies chain will…

Yields near 2-month low as ‘cliff’ talks start

Treasury prices erase a gain as traders focus on a meeting between President Obama and Senate and House leaders to tackle the sl…

U.S. stocks fall ahead of budget talks

U.S. stocks wobble between gains and losses as investors look to an opening round of negotiations at the White House on averting…

Obama, leaders huddle in fiscal-cliff talks

President Barack Obama and congressional leaders on Friday were readying for a White House meeting about averting the fiscal cli…

Coca-Cola to invest $1.3 bln in Chile over 5 years

--Coca-Cola spent $200 million to open a new bottling plant in Renca, Chile --Coca-Cola bottler Embotelladora Andina to run new …

Proposed T-Mobile deal heralds more consolidation

BARCELONA, Spain--Further waves of consolidation are likely across the U.S. telecommunications market following the proposed mer…

Seadrill to buy Songa Eclipse rig for $590 mln

Seadrill Ltd. (SDRL, SDRL.OS) said it agreed to buy the ultradeepwater semisubmersible rig Songa Eclipse from Songa Offshore SE …

Oil tops $86, buoyed by supply risk in the Mideast

SAN FRANCISCO (Forex Focus) -- Crude-oil futures climbed Friday, topping $86 a barrel with supply risks outweighing concerns ove…

Medbox says rally not based on business economics

NEW YORK (Forex Focus) -- Medbox Inc. shares fell 51% to $100 in early trades on Friday. The company said a huge jump in its st…

Book Christmas flights before Black Friday

Travelers who wait to buy plane tickets may bust their gift budget.

Cyberonics quarterly profit up 50%, raises outlook

Cyberonics Inc.'s CYBX fiscal second-quarter earnings rose 50%, thanks in part to a warrant-liability gain, as the medical-d…
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