Amazon up after the bell, Twitter down April 29 - The S&P 500 closed at a record high on Thursday, fueled by gains in Facebook following its strong earnings report, while Amazon jumped in extended trade following its quarterly report.
April 29 - The S&P 500 hit an intra-day record high on Thursday, fueled by gains in Facebook following its strong earnings report, while investors awaited upcoming results from Amazon. Facebook Inc jumped over 6% to an all-time high after beating market expectations for quarterly revenue and profit late on Wednesday, while investor awaited upcoming figures from Amazon'.
As Kansas City Southern's share price rises above Canadian Pacific Railway's offer on prospects of a bidding war, CP shareholders and analysts say the company should stick to its initial proposal, noting Canadian National Railway's rival offer may struggle to secure regulatory approval.
A deep-sea mining robot on test mission to bring up rocks rich in cobalt and nickel from the floor of the Pacific Ocean has malfunctioned. A listing pump failed and Patania II now stands on the sea floor, Global Sea Mineral Resources said in a statement on Wednesday,