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Gold prices fell sharply on Thursday, a day after the Federal Open Market Committee left the door open to hiking interest rates at its December meeting. Gold for December delivery dropped $16.90, or 1.5%, to $1,159.30 an ounce. Gold settled at a one-week high on Wednesday, but then turned lower in electronic trading after the Fed statement was released at the close of a two-day meeting on Wednesday. December silver futures fell 35 cents, or 2.2%, to $15.94 an ounce. Palladium for December delivery dropped $12.15, or 1.8%, to $673.95 an ounce. January platinum fell $12.50, or 1.2%, to $1,001.10 an ounce. December copper lost 1 cent to $2.360 a pound.

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From:: Stock Market News

UnitedHealth Group Inc. is in advanced talks to buy privately-held Helios in a deal that could value the benefits manager at as much as $1.7 billion, according to Bloomberg late Wednesday, citing people familiar with the talks. Helios is owned by private-equity firms Kelso & Co. and Stone Point Capital. The deal could be announced as early as this week, Bloomberg reported. UnitedHealth shares were flat at $119.78 after hours.

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From:: Stock Market News

Ensco PLC late Wednesday reported its third-quarter earnings fell to $293.8 million, or $1.34 a share, from $432.9 million, or $1.79 a share, a year earlier. The results reflect a loss of 10 cents a share from discontinued operation related to equipment for sale and rigs no longer on the company’s balance sheet. Revenue fell to $1.01 billion from $1.2 billion a year ago. Shares of Ensco were unchanged in after-hours trading.

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From:: Stock Market News

By Rachel Jefferson

Though rental prices have risen in all areas of the country, certain regions have been hit harder than others. Cape Coral/Fort Myers, Florida experienced a 23.6% increase from last year. The increase is in part due to job growth and a growing population, as well as a general trend of renting over purchasing. California houses a majority of the regions on the list with Sacramento coming in second on the list, followed by San Francisco and Los Angeles. Check out the 25 cities with the largest rental increases on CNN Money.

on CNN Money.

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From:: Property Management

Manitowoc Co. late Wednesday said Chairman Glen Tellock, who also served as president and chief executive officer, has resigned from the company to pursue other opportunities. The industrial machinery company named board member Kenneth Krueger as interim chairman, president and chief executive officer, effective immediately. Shares of Manitowoc were up 1% in after-hours session.

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From:: Stock Market News

Manitowoc Co. late Wednesday said Chairman Glen Tellock, who also served as president and chief executive officer, has resigned from the company to pursue other opportunities. The industrial machinery company named board member Kenneth Krueger as interim chairman, president and chief executive officer, effective immediately. Shares of Manitowoc were up 1% in after-hours session.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News

The House of Representatives on Wednesday passed a two-year budget deal that also suspends the federal debt limit. The bill, which now goes to the Senate, would suspend the debt limit through mid-March 2017 and raise spending by $80 billion through September 2017. The measure would take the threat of a government shutdown in December off the table, as well as remove the risk of a default. The House vote was 266 to 167.

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From:: Stock Market News

The House of Representatives on Wednesday passed a two-year budget deal that also suspends the federal debt limit. The bill, which now goes to the Senate, would suspend the debt limit through mid-March 2017 and raise spending by $80 billion through September 2017. The measure would take the threat of a government shutdown in December off the table, as well as remove the risk of a default. The House vote was 266 to 167.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News

FMC Corp. late Wednesday reported it swung to a third-quarter loss of $2.4 million, or 2 cents a share, from a profit of $56 million, or 42 cents a share, a year earlier. On an adjusted basis, the diversified chemical company would have earned 42 cents a share, down from 72 cents a share a year ago. “Adjusted EPS was lower primarily due to the impact of foreign currency headwinds, partially offset by lower operating costs and a lower tax rate,” said the company in a statement. Analysts surveyed by FactSet had forecast 38 cents a share. Revenue rose 1% to $831 million, falling short of the $836 million projected. Shares of FMC rose 1% in after-hours trading.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News

FMC Corp. late Wednesday reported it swung to a third-quarter loss of $2.4 million, or 2 cents a share, from a profit of $56 million, or 42 cents a share, a year earlier. On an adjusted basis, the diversified chemical company would have earned 42 cents a share, down from 72 cents a share a year ago. “Adjusted EPS was lower primarily due to the impact of foreign currency headwinds, partially offset by lower operating costs and a lower tax rate,” said the company in a statement. Analysts surveyed by FactSet had forecast 38 cents a share. Revenue rose 1% to $831 million, falling short of the $836 million projected. Shares of FMC rose 1% in after-hours trading.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News