Investors Left Gasping After Wild Stock Market RideU.S. stocks took it on the chin for a third session in a row on Monday, after an attempted bounce-back lost steam, leaving the Standard & Poor's 500 Index in a correction.
American Airlines CEO To Be Paid Entirely In Company StockThe CEO of American Airlines received compensation valued at $12.3 million last year and will stop drawing a salary and instead be paid entirely in company stock.
General Motors Spends $3.9B To Redeem Preferred StockGeneral Motors Co. says it has completed the planned $3.9 billion purchase of 156.1 million shares of preferred stock.
Dell Closes On Deal To Go Private Michael Dell and investment firm Silver Lake Partners have completed their $24.9 billion buyout of Dell Inc. The computer company said Tuesday that its shares will stop trading at the end of the day, closing its quarter-century run as a public company.
JCPenney Expects $810 Million From Stock OfferJCPenney, the struggling retailer that is trying to reassure the market about its financial stability, expects to raise about $810.6 million via a public stock offering.
JC Penney Plans Public Stock Offering To Raise Funds J.C. Penney Co. plans to sell up to 96.6 million shares of common stock in a public offering, the latest indication the chain is looking to shore up its cash reserves.
Irving-Based Blackberry Agrees To Sell Irving-based smart phone company Blackberry has agreed to sell.
Microsoft Shares Tumble After Weak 4Q Results Microsoft's stock is taking a hit after the software giant behind Windows, the Xbox and Surface tablets reported disappointing results for the latest quarter.
Budget Deal Sends Stocks Shooting HigherStocks are moving sharply higher on Wall Street after lawmakers reached a last-minute budget agreement to avert sweeping tax increases and cuts to government spending programs.
JCPenney Is Biggest S&P Stock Loser J.C. Penney Co. executives may be confident in the department-store chain's everyday pricing strategy, but investors are panicking. The Plano-based company's stock fell nearly 11 percent on Monday.
J.C. Penney Reports Hefty 3Q Loss J.C. Penney Co. reported a bigger-than-expected loss in the third quarter on plummeting sales as customers continue to reject its move get rid of blockbuster sales in favor of everyday low pricing.
J.C. Penney's Stock Plunges On Short-Term Outlook J.C. Penney & Co.'s stock is one of the market's biggest decliners Thursday after the department store chain said that it expects its financial struggles to continue during the second half of the year.