YPF SA, Argentina’s state-owned oil producer, is headed for the biggest weekly slump in five months as hedge fund manager Paul Singer’s NML Capital Ltd. expands its probe of seizeable assets in a defaulted bond dispute.
The Wal-Mart Stores Inc. driver whose truck crashed into a van carrying actor Tracy Morgan was in the 14th hour of his work shift, just short of the maximum allowed by U.S. regulations, preliminary findings show.
Sprouts Farmers Market Inc., the natural-foods retailer that went public last year, may exceed its goal of opening 1,200 U.S. stores in the next decade and a half, the chain’s chief executive officer said.
Argentine dollar bonds plunged after the U.S. Supreme Court said it won’t hear the country’s appeal of its case with holdout creditors, putting into effect a lower- court ruling that may prompt the government to default for a second time in 13 years.
Caesarstone Sdot Yam Ltd., the maker of quartz countertops, is heading for its first-ever quarterly stock loss amid concern the company’s push to ramp up output is coming just as the U.S. housing recovery weakens.