Socked
The number of Americans filing new claims for jobless benefits fell last week but remained elevated due to Superstorm Sandy. Initial claims for state unemployment benefits dropped 41,000 to a seasonally adjusted 410,000, the Labor Department said.
A&F deal
Abercrombie & Fitch settled an age-discrimination lawsuit brought by a former corporate jet pilot after a judge ordered CEO Michael Jeffries to give a second deposition in the case. The suit was filed more than two years ago in federal court in Philadelphia.
Pierced
Shares of Zale, the operator of the Zales and Piercing Pagoda jewelry chains, slid 30 percent to $5.21 after reporting a fiscal first-quarter loss that was wider than analysts estimated.
Outta here
Rochdale Securities, the brokerage struggling to survive after an unapproved $1 billion trade, lost its two co-heads of trading to a rival firm.
Zippy
Zipcar, the company that rents cars by the hour or day, rose 9.3 percent to $8.23.