With the exception of a slightly sluggish Internet sector, U.S. stocks traded modestly higher this morning.
Asian stocks closed mixed today, with Japan's
tumbling 183.15 to 13,232.74, and Hong Kong's
up 81.89 to 9,891.06.
European bourses were mixed at midafternoon.
For more markets action and news, click
J. Crew Group
CEO Howard Socol has resigned less than a year after he joined the company.
MTC:NYSE) said yesterday that it will start shipping anti-arthritis drug
within 10 days.
Food and Drug Administration
announced its approval of
, an antidepressant for dogs with separation anxiety.
For more news on companies and stocks, click
chairman Bernhard Walter said the company is still looking to acquire a U.S. bank and plans to list on the
New York Stock Exchange
German media company
has restructured into three holding companies, thus splitting its broadcasting, investment and pay-TV operations.
The Swedish government announced it will divest 7% of
Pharmacia & Upjohn
PNU:NYSE), citing favorable market conditions.
said it will increase its spending by one-third this year in expectation of a strong economic recovery in 1999 by South Korea.
U.K. mobile telecom firm
reportedly has joined
BEL:NYSE) in the market to acquire
ATI:NYSE), with a competing offer of more than $45 billion.
For more international news and commentary, click
AMZN:Nasdaq) posted fourth-quarter sales of $250 million, up from $66 million a year ago.
AOL:NYSE) reportedly will make
its exclusive news provider, replacing
INTC:Nasdaq) has introduced two new Celeron chips running at 366 and 400 megahertz.
INTU:Nasdaq) CEO William Harris acknowledged yesterday that his company decided to add
program partly because, unlike
NSCP:Nasdaq), Microsoft was able to offer a suitable browser on deadline.
For more tech news and commentary, click
Republicans will meet today to name Rep.
(R-Ill.) the new Speaker.
The prosecution rested today in the trail of Malaysia's former Deputy Prime Minister
U.S. manufacturing activity declined for the seventh straight month in December, according to the
National Association of Purchasing Management
Florida State Seminoles
23-16 to win college football's national championship.