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SCIO News

Iraq News Gives Stocks a Boost

News of scattered progress in Iraq helps the averages climb out of the red.

Johnson & Johnson to Buy Scios for $2.4 Billion

Scios shares, which rose 22% Friday, are up another 3.5%.

Stocks Slip Amid Terror Worries

Investors dismiss a better-than-expected jobs report and worry about possible terrorist attacks.

World Weighs on Stocks After Jobs Data Surge

A raised terror warning and continuing geopolitical concerns subdue the market.

J&J Reportedly May Buy Scios for $2 Billion

The biotech firm's stock surges 25% on the news.

Breaking News

Costco Beats Q3 Sales Forecast, Membership Revenues Near $1 Billion

Costco took in $984 million in new membership fee in its fiscal third quarter, helping the bulk retailer top Street forecasts for topline revenues.

Gap Stock Plummets On Wider Q1 Loss, Grim Profit Outlook As Shoppers Shun Casual Apparel

"Supply chain challenges and persistent delays significantly limited the brand's responsive abilities" to changing consumer trends, CEO Sonia Syngal told investors Thursday.

Big Lots Stock Crumbles After Surprise Q1 Loss As Inflation, Gas Price Surge Bites Spending

"We believe the slowdown was caused by the spending pressure our consumers felt from higher gas prices and broader inflation," said CEO Bruce Thorn.

Broadcom Agrees to Buy VMware in $61 Billion Cash-and-Stock Cloud Software Deal

"Combining our assets and talented team with Broadcom's existing enterprise software portfolio creates a remarkable enterprise software player," said VMware CEO Raghu Raghuram.