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Prospect Capital Corporation 6.25 % Notes 2018-15.06.28 News

Stocks Slip on 2016 Outlook of Middling Economic Growth

As Wall Street prepares to close out 2015 much where it started, investors looked to the year ahead to determine direction on the second-last day of trading.

Energy Lags Wall Street as Crude Oil Spirals Lower

Stocks move slightly lower as another selloff in crude oil prices hits the energy sector.

Midday Report: Pep Boys, Icahn Seal Deal; Crude Oil Slides

Investors grew more pessimistic over the state of the global economy heading into the new year, pushing stocks lower on Wednesday.

Stocks Fall on Global Growth Concerns

Stocks pull back on Wednesday morning as crude oil returns to a level below $37 a barrel.

Pep Boys inks deal with Icahn as Bridgestone retreats from bidding war

Bridgestone won't counter Carl Icahn's latest offer for auto-repair chain Pep Boys, leaving Wall Street to speculate on the billionaire investor's plans for the Philadelphia company.

Breaking News

Tesla Stock Slides On Reports of California Layoffs, Office Closure

Tesla has reportedly closed its San Mateo office, and laid off 200 employees, as it begins a wave of cost cuts throughout the carmaker's global operations.

Disney Stock Lower As Board Extends Contract of CEO Bob Chapek

"Bob is the right leader at the right time for The Walt Disney Company, and the board has full confidence in him and his leadership team,' said Disney chair Sue Arnold.

Bed Bath & Beyond Stock Plunges On Q1 Loss, CEO Mark Tritton Exit

"After thorough consideration, the Board determined that it was time for a change in leadership," said independent director Harriet Edelman.

Pinterest Stock Slumps As CEO Ben Silbermann Steps Down To Make Way For Former Google Executive Bill Ready

"I've learned firsthand that it is indeed fun to do the impossible," said co-founder Ben Silbermann. "And with Bill as our CEO, I know that the fun is just getting started."