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Hot Stocks News | Reuters.com
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Hot Stocks

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Scared of Facebook shares? Wager on Friday's close

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- Worried that if you buy Facebook when it starts trading Friday you'll get trampled by big banks and hedge funds? Betting on where the stock closes that day may be a safer wager.

J.C. Penney sales plummet, cuts dividend

- J.C. Penney Co Inc reported an 18.9 percent decline in first-quarter sales at stores open at least a year and discontinued its dividend to help fund its ongoing overhaul.

Asian Markets 4:35pm EDT

Home Depot sales miss Wall Street estimates

- Home Depot Inc posted quarterly sales that fell short of Wall Street's heightened expectations on Tuesday after demand slowed in April following a jump in home improvement projects spurred by an unusually warm winter.

Asian Markets 2:37pm EDT

Coty withdrawal pressures Avon for turnaround

- Avon Products Inc's loss of a $10.7 billion takeover bid from smaller cosmetics rival Coty Inc leaves shareholders hoping that new Chief Executive Sherilyn McCoy has a great turnaround plan in the works.

Chesapeake hikes loan as credit rating fades

- Chesapeake Energy Corp increased a planned loan even as its credit rating deteriorated on Tuesday, adding pressure on the natural gas producer to deliver crucial asset sales.

FBI launches JPMorgan probe, shareholders back Dimon

TAMPA, Florida - The FBI has opened an inquiry into the multibillion-dollar trading losses at JPMorgan Chase, stepping up pressure on the bank after key U.S. agencies said they were looking into high-risk trades that first drew regulators' attention last month. | Video

TriQuint, Avago to settle patent claims

- Chipmakers TriQuint Semiconductor Inc and Avago Technologies Limited said they will settle all patent claims against each other and dismiss related litigation.

Asian Markets 5:12pm EDT

LSB Industries shuts Arkansas plant after explosion

- LSB Industries Inc said it will shut its biggest chemical manufacturing facility for an indefinite period after an explosion caused significant damage, sending its shares down 23 percent.

Asian Markets 2:54pm EDT

Warm weather helps Dick's Sporting sales

- Dick's Sporting Goods Inc reported quarterly results comfortably above analyst estimates, as warm weather helped pull forward summer sales, sending its shares up as much as 8 percent.

Asian Markets 12:33pm EDT

Groupon shares jump on upbeat Q1 results

- Groupon Inc shares jumped 22 percent in premarket trade on Tuesday after the daily deals company posted its first quarterly profit as it signed up more customers and merchants. | Video

Asian Markets 10:20am EDT

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