US Stocks Surge, Snapping 6-Day Losing StreakThe Dow Jones industrial average rocketed more than 600 points Wednesday, its biggest gain in seven years, snapping a six-day losing streak that had Americans nervously checking their investment balances.
Best Buy's Founder Allowed To Pursue BuyoutBest Buy Co. Inc. and its founder and former chairman Richard Schulze say they have an agreement that will allow Schulze to pursue his plan to try to buy the nation's largest consumer electronics chain.
J.C Penney's Stock TumblesJ.C. Penney's shares are tumbling a day after the department store chain announced the sudden departure of Michael Francis, a top Target executive brought in last October to help redefine the store's brand.
Local Expert Says Facebook IPO Might Be Too HighFacebook boosted the size of its initial public offering by as much as $3 billion on Wednesday as some major stockholders sharply increased the number of shares they intend to sell as part of Friday's IPO.
Pentair, Tyco Flow Control Business To CombineDiversified industrial company Pentair said Wednesday that it's combining its operations with Tyco's flow control business in an all-stock deal worth about $4.53 billion, uniting two of the biggest players in water and fluid products systems.
Target Will Buy Back Up To $5B In SharesDiscount chain Target Corp. says it will buy back up to another $5 billion in shares under a new stock repurchase program.
Best Buy OK's $5B Buyback, Raises Dividend 7 PercentBest Buy Co. said Tuesday that it will buy back $5 billion of its common stock and raise its quarterly dividend by 7 percent.
Mpls. Co. Kips Bay Medical Shares Stall In Public DebutShares of Kips Bay Medical Inc. stalled in their first day of trading on the Nasdaq Global Market.
Hormel Shareholders OK 2-For-1 Stock SplitHormel Foods Corp., which makes Spam and other prepared foods, said Tuesday its shareholders have approved a two-for-one stock split.
Christopher & Banks Declares Dividend Of 6 CentsChristopher & Banks Corp. is declaring a quarterly dividend of 6 cents a share.