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The Securities and Exchanges Commission rejected the sale of the Chicago Stock Exchange to a group that includes Chinese investors, the Wall Street Journal reported late Thursday. In August, the SEC said it was reconsidering the sale after staff recommended the $20 million deal. Critics, both Democrats and Republicans, worried [...]
Thu, Feb 15, 2018
Source: Stock Market News
Allscripts Healthcare Solutions Inc. shares fell in the extended session Thursday after the healthcare-related software company's bookings for the fourth quarter fell short of Wall Street estimates. Allscripts shares traded down as much as 9% after hours. Allscripts reported fourth-quarter bookings of $314 million, while analysts surveyed by FactSet [...]
Thu, Feb 15, 2018
Source: Stock Market News
LogMeIn Inc. shares fell more than 5% in the extended session Thursday after the company missed revenue expectations and issued weaker-than-expected first-quarter guidance. The company reported fourth-quarter net income of $93.3 million, or $1.74 a share, compared with $1.9 million, or 7 cents a share, in the year-ago period. [...]
Thu, Feb 15, 2018
Source: Stock Market News
Shares of Wendy's Co. rose in Thursday's extended session after the fast-food company said it will raise its quarterly dividend by 21% to 8.5 cents. The dividend will be paid on March 15 to shareholders of record as of March 1. The board also approved a stock buyback plan [...]
Thu, Feb 15, 2018
Source: Stock Market News
China's holdings of U.S. government paper rose the most in seven years last year, according to recently published data from the widely-watched Treasury International Capitol Report. The second-largest economy's stockpile of Treasurys climbed more than $120 billion in 2017 to $1.185 trillion as of December. As pressure on the yuan [...]
Thu, Feb 15, 2018
Source: Stock Market News