Market Pulse USA NEWS. Stock Market NEWS Updated Daily
Market Pulse USA NEWS. Stock Market NEWS Updated Daily
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Market Pulse USA NEWS. Stock Market NEWS Updated Daily
: U.S. stocks open lower higher as investors weigh jobless claims data
U.s. stocks opened lower thursday, as investors assessed a report from the department of labor showing a slight rise in jobless claims. the dow jones industrial average djia was down 0.1% soon after the opening bell, while the s&p 500 spx fell 0.2% and the
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-28
: Xerox to buy back stock owned by Carl Icahn for 2 million
Shares of xerox holdings corp. xrx rallied 2.1% in premarket trading thursday, after the printer and copy machines maker said it would buy back all of its shares owned by activist investor carl icahn for 2 million.more to come.market pulse stories are r
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-28
: Accenture stock slips in premarket after 2024 earnings forecast falls short
This story has been updated to remove an error about accenture’s headquarters. accenture is not based in new york. accenture plc’s acn stock dropped 2% in premarket trading thursday after the professional services company’s adjusted 2024 profit outl
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-28
: Chico’s FAS to be taken private by Sycamore Partners in billion deal
Chico’s fas inc. chs said thursday it has agreed to be taken private by private-equity firm sycamore partners for billion. shareholders will receive .60 a share in cash for each chico’s share owned, equal to a 65% premium over wednesday’s closi
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-28
: Brainstorm Cell Therapeutics shares fall more than 50% after FDA advisors vote down ALS treatment
Brainstorm cell therapeutics inc. bcli shares fell 56% premarket on thursday after advisors to the u.s. food and drug administration on wednesday gave a thumbs-down to the company’s investigational treatment for amyotrophic lateral sclerosis (als). the f
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-28
: Aurora Cannabis selling stock to pay down debt
Alberta-based aurora cannabis inc. acbca:acb said thursday it agreed to sell up to 53.19 million common shares to canaccord genuity at a price of c[CO].73 per offered security for proceeds of up to about c.83 million (.78 million). most of the proceeds
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-28
: AGCO to pay billion in cash for most of Trimble’s agricultural assets
Shares of trimble inc. trmb rallied thursday, after agco corp. agco said it will pay .0 billion to acquire an 85% stake in the trimble’s portfolio of agricultural assets and technologies.more to come.market pulse stories are rapid-fire, short news burs
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-28
: GameStop stock soars after Ryan Cohen named CEO
Shares of gamestop corp. soared thursday, after the consumer electronics retailer named ryan cohen as it president and chief executive officer, effective immediately.more to come.market pulse stories are rapid-fire, short news bursts on stocks and markets
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-28
: Bionomics announces positive results in trial of treatment for PTSD
The stock of microcap bionomics ltd. rose 36% early thursday, after the company reported positive results from a mid-stage trial of a treatment for post-traumatic stress disorder. the company said the phase 2b trial evaluating bnc210 led to a “statistica
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-28
: Philip Morris International lowers earnings outlook on currency shifts
Philip morris international pm lowered its earnings outlook for the year, citing the strengthening of the u.s. dollar against a range of currencies, as well as a balance-sheet-related currency impact in argentina. it’s lowering its 2023 earnings per shar
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-28
: Veralto stock to join S&P 500, Kohl’s to join S&P SmallCap 600
Danaher corp. dhr spinoff veralto corp. vlto.wi will be added to the s&p 500 before trading monday, when it replaces dxc technology co. dxc, which in turn will move to the s&p smallcap 600 prior to tuesday trading. dxc technologies will replace ebix inc. e
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-28
: BlackBerry’s bottom line meets Street view, but revenue doesn’t
Blackberry ltd. bb reported bottom-line results for the quarter that met wall street expectations, but revenue was a little light, and shares shifted between slight gains and losses in the extended session thursday. blackberry shares were last up 0.6% afte
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-28
: Goodyear says fire in Poland factory will chip away at EMEA sales
Goodyear tire & rubber co. gt said thursday that a fire at a factory in poland will impact its sales in europe, the middle east and africa by million to million in the third quarter and million to million in the fourth quarter. an aug. 20 f
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-28
: Novo Integrated stock more than doubles after hours on billion collateral agreement
Novo integrated sciences inc. nvos shares more than doubled in the extended session thursday after the tiny healthcare company said it or entered a billion funding agreement for the next 15 years. novo integrated shares soared as much as 155% after hour
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-28
Market Extra: September is on pace to be worst month for Treasurys of the past year
Mandel ngan/agence france-presse/getty imagesseptember is stacking up to be the worst month for total returns on u.s. government debt of the past year.this week’s selloff in long-dated treasurys has pushed 10- bx:tmubmusd10y and 30-year yields bx:tmubmus
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-28
The Tell: Treasury yield curve is un-inverting for what’s shaping up to be the wrong reasons, SocGen says
Sameer al-doumy/agence france-presse/getty imagesone of the bond market’s most reliable gauges of impending u.s. recessions is less deeply negative than it has been in months. the difference between 10- bx:tmubmusd10y and 2-year treasury yields bx:tmubmu
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-28
: U.S. stocks book back-to-back gains as Treasury yields retreat
U.s. stocks finished higher on thursday, with the s&p 500 notching back-to-back gains for the first time in two weeks, as the upward march of treasury yields relented. the s&p 500 spx gained 25.21 points, or 0.6%, to 4,299.72, the biggest gain since sept.
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-28
: Tesla sued for racial discrimination, retaliation by EEOC
Tesla inc. was sued thursday by the u.s. equal employment opportunity commission, which alleges the ev maker violated federal law by “tolerating widespread and ongoing racial harassment of its black employees” at its fremont, calif., plant, and retali
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-28
: Fenway Sports Group sells minority stake in Liverpool to sports investment firm Dynasty Equity
Boston red sox and pittsburgh penguins owner fenway sports group llc has sold a minority stake in premier league club liverpool to new york-based sports investment firm dynasty equity. in a statement, fsg and dynasty equity said the investment will primari
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-28
: Nvidia identified as target of French antitrust raid: WSJ
Nvidia corp.’s nvda offices in france were the subject of a recent wednesday dawn raid by french antitrust regulators, according to a report in the wall street journal thursday, which cited sources close to the raid. on wednesday, the autorité de la co
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-28
: Dow up 100 points in final hour of trade as 10-year Treasury yield steadies
U.s. stocks were higher thursday in the final hour of trade, but off the session’s best levels as volatility in the trillion treasury market continued to be a key focus for investors. the dow jones industrial average djia was up about 107 points, or
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-28
: Real yields hover around highest levels since 2008-2009
Real yields, as reflected by rates on treasury inflation-protected securities, continued to be near the highest levels of the past 14 to 15 years on thursday. as of 11:40 a.m. eastern time, the 5-year tips rate was at 2.434% versus wednesday’s closing le
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-28
: U.S. stocks open lower as investors weigh jobless claims data
U.s. stocks opened lower thursday, as investors assessed a report from the department of labor showing a slight rise in jobless claims. the dow jones industrial average djia was down 0.1% soon after the opening bell, while the s&p 500 spx fell 0.2% and the
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-28
: Selloff in Treasurys sends 30-year yield on way to highest since April 2010 after round of U.S. data; 20-year rate touches 5%
A round of solid u.s. data releases on thursday gave way to more selling of long-term treasurys, sending the 30-year rate on its way to the highest level since april 6, 2010. the 30-year yield jumped 4.2 basis points to 4.773% in new york morning trading,
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-28
: Stocks open higher after Dow’s worst day since March
U.s. stocks opened higher wednesday, finding supprort as treasury yields pulled back and the dow jones industrial average attempted to recover from its worst one-day percentage loss since march. the dow djia was up 47 points, or 0.1%, at 33,666. the s&p 50
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-27
: JPMorgan Chase wins U.S. contract to validate Treasury payments
Jpmorgan chase & co. jpm said wednesday it won a competitive process to provide account validation services for the u.s. treasury department under a financial agency agreement for a minimum of five years. terms of the deal were not disclosed in a statement
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-27
Earnings Results: Paychex’s stock rallies after profit beats expectations, full-year outlook nudged higher
Shares of paychex inc. jumped 3.8% in premarket trading wednesday, after the human resources services company reported fiscal first-quarter profit and revenue that rose above expectations, and nudged up its full-year outlook.more to come. market pulse stor
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-27
: Viatris and Ocuphire Pharma get FDA green light for eye treatment
Viatris inc. vtrs and ocuphire pharma inc. ocup said wednesday that the u.s. food and drug administration has approved ryzumvi to treat the side effects of pharmacologically-induced mydriasis, or dilation of pupils. about 100 million eye dilations are cond
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-27
: Citigroup readying B bond offering as first such deal in four years, source says
A citigroup inc. c unit is raising billion in debt in a bond offering in its first such deal in four years, a person familiar with the bank told marketwatch. the deal has launched and is expected to settle as early as wednesday. bloomberg initially repo
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-27
: Cleveland-Cliffs to raise prices of hot rolled and coated steel products
Ina fassbender/agence france-presse/getty imagescleveland-cliffs inc. said wednesday it’s raising the base prices for all carbon hot rolled, cold rolled and coated steel products to 0 per net ton. the company did not disclose a previous base price for
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-27
: UBS shares drop on report U.S. DOJ probes Credit Suisse over Russian sanctions evasion
The justice department reportedly suspects credit suisse helped russian clients evade sanctions, according to a published report. the report, from bloomberg news, said what was a wide-ranging set of subpoenas sent to multiple banks is now focused on credit
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-27
IPO Report: Wearable display product maker Six15 Technologies to offer 2 million shares in IPO priced at each
Source: six15 six15 technologies holding corp., a maker of wearable display technology products, set terms for its initial public offering on wednesday, with plans to offer 2 million shares priced at each. the company would raise million at a valuat
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-27
: Marriott affirms 2023 EPS growth guidance of of up to 29%
Marriott international inc. reiterated its 2023 outlook for adjusted earnings per-share growth and fee revenue, as part of the hotel operator’s three-year growth plan it outlined at its security analyst meeting.market pulse stories are rapid-fire, short
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-27
: Ithaca Energy shares rise after U.K. grants approval to Rosebank development
Ithaca energy shares uk:ith climbed 5% as the u.k. government approved the rosebank offshore development off scotland in a controversial decision. equinor no:eqnr, the majority owner, and ithaca plan to invest .8 billion in the development. recoverable r
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-27
: Johnson Controls cybersecurity incident disrupts operations, could delay earnings
Johnson controls international plc jci said late wednesday a recent cybersecurity incident disrupted operations and could possibly interfere with earnings. in a filing late wednesday with the securities and exchange commission, the building infrastructure
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-27
: Sony Interactive Entertainment CEO Jim Ryan will retire in March
Sony interactive entertainment chief executive jim ryan will retire in march, sony group corp. sony said in a statement on wednesday, following nearly three decades with the sony subsidiary that oversees playstation. ryan, in a statement, said that while h
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-27
: Shares of adhesives maker H.B. Fuller sink on warning of ‘slower than anticipated’ demand
Shares of h.b. fuller co. ful fell after hours on wednesday after the adhesives maker said “generally slower industrial demand” weighed on its third-quarter results and full-year forecast. the company — whose adhesives and sealants are used in food c
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-27
: Exxon’s stock ends at record high as oil futures try to claw back to 0 a barrel
Shares of exxon mobil corp. xom rallied 3.3% on wednesday to close at a record 0.20, according to data going back to november 1972. it also marked a fourth straight session of gains for the stock. the energy information administration earlier wednesday
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-27
: Uber names Prashanth Mahendra-Rajah new CFO
Uber technologies inc. uber on wednesday said prashanth mahendra-rajah would join the company as chief financial officer on nov. 13. mahendra-rajah is currently cfo of analog devices inc. adi, where he oversaw the company’s global finance organization. p
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-27
: Duckhorn’s stock rallies 9% after winemaker’s profit tops views; CEO to retire
Shares of duckhorn portfolio inc. napa turned lower in after hours wednesday after the winemaker reported quarterly earnings that beat wall street expectations and said chief executive alex ryan was retiring after 35 years with the company. duckhorn earned
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-27
: S&P 500 ekes out gain as oil climbs, Treasury yields punch higher
U.s. stocks ended mostly higher on wednesday in a choppy session that saw major equity gauges swing between gains and losses. the dow jones industrial average djia ended 68 points lower, or 0.2%, finishing near 33,550, according to preliminary factset data
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-27
: OpenAI’s Altman, former Apple designer Jony Ive discuss possible AI hardware device: report
Jony ive, apple inc.’s aapl former chief design officer, and openai chief executive sam altman are discussing collaborating on an unspecified artificial-intelligence hardware device, according to a report in the information, citing two people familiar wi
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-27
: Clorox shares are on their biggest losing streak since 2009 following cyberattack
Shares of clorox co. clx are on pace for their longest losing streak since 2009, after the cleaning-products maker this month said the fallout from a cybersecurity attack would have a “material” impact on first-quarter results. shares were down 0.5% on
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-27
: Epic Games goes to Supreme Court in latest clash with Apple over App Store
Fortnite maker epic games inc. on wednesday asked the u.s. supreme court to review a california court ruling that found apple inc.’s aapl app store policies don’t violate antitrust laws. the filing is the latest in a long-brewing legal war between the
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-27
: Albemarle, Caterpillar collaborate on batteries, zero-emissions lithium
Albemarle corp. alb said wednesday it was collaborating on battery technology and sustainable lithium-mining practices with heavy-equipment maker caterpillar inc. cat the lithium producer said the agreement calls for the use of cat battery-electric trucks,
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-27
: 10-, 30-year Treasury yields head for more multiyear highs as selloff in government debt resumes in the New York afternoon
Investors returned to selling off treasurys on wednesday, following a round of buying earlier in the session, and pushed long-term yields to more multiyear highs. the 10-year rate touched 4.6% in new york afternoon trading on its way to the highest closing
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-27
: Cannabis stock rise as Senate committee OKs cannabis banking bill
Cannabis stocks moved up wednesday after the u.s. senate committee on banking, housing and urban affairs approved the secure and fair enforcement regulation banking act, now known as the safer banking act of 2023. the bill to open up the financial system t
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-27
: U.S. stocks open lower amid government-shutdown worries
U.s. stocks opened lower tuesday amid worries over a potential government shutdown and higher treasury yields. the dow jones industrial average djia was down 0.6% soon after the opening bell, while the s&p 500 spx shed 0.7% and the nasdaq composite comp dr
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-26
: Uniform maker Cintas tops profit expectations, and nudges up full-year outlook
Uniforms and restroom supplies company cintas corp. ctas reported tuesday fiscal first-quarter profit that topped expectations and nudged up its full-year outlook, while revenue rose in line with forecasts. shares of cintas, which was valued at .8 billi
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-26
: Sportsman’s Warehouse names ex-Cabela’s exec Paul Stone as CEO
Sportsman’s warehouse holdings inc. spwh said tuesday it has appointed paul stone, former chief retail officer at cabela’s inc., as its chief executive, effective nov. 1. stone will replace joseph p. schneider, who will remain as independent chair unti
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-26
: Dick’s Sporting Goods to hire 8,600 seasonal workers this holiday season
Dick’s sporting goods inc. dks said tuesday it plans to add 8,600 seasonal workers this holiday season. the company’s national signing day will take place oct. 3 at which it will recruit for all of its outlets from dick’s sporting goods to public la
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-26
: Blink Charging to integrate more than 4,000 EV charging stations onto Parkopedia platform in North America
Blink charging co. blnk said tuesday it has entered an agreement with parkopedia to integrate more than 4,000 of its electric vehicle charging stations onto the parkopedia platform in north america. the deal will give it the platform access to nearly 12,00
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-26
: Transocean to offer 0 million of five-year bonds
Offshore drilling services provider transocean ltd. rig said tuesday it’s planning a private offering of 0 million of five-year bonds. proceeds will be used to partially finance the construction, acquisition and improvement or upgrade of the deepwater
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-26
: Intercept Pharmaceuticals’ stock set to soar after Alfasigma buyout deal for an 82% premium
Shares of intercept pharmaceuticals inc. icpt were set to soar tuesday, after the biopharmaceutical company announced an agreement to be acquired by italy’s alfasigma s.p.a in a deal that values intercept shares at an 82% premium. intercept’s stock has
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-26
: Pliant Therapeutics shares surge as liver-disease treatment shows promise in clinical trial
Pliant therapeutics inc. shares plrx gained 23% premarket on tuesday after the company released results from a trial of bexotegrast, a treatment for a chronic liver disease. the trial met its primary and secondary goals, and bexotegrast was well tolerated
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-26
: Domino’s price target raised to 0 by Oppenheimer as pizza chain added to ‘top picks’
Oppenheimer has raised its domino’s pizza inc. dpz price target to 0 from 7 and added the pizza chain to its list of “top picks,” citing the positive impact of same-store sales. “we view dpz as an under-appreciated revival story into ’24,
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-26
: Liberty Media proposes combining Sirius XM and Liberty Sirius XM tracking stock to form New Sirius XM
Shares of liberty media corp.’s liberty sirius xm tracking stock lsxma shot up 11.6% in premarket trading, while sirius xm holdings inc.’s stock siri slid 4.5% toward a three-month low, after liberty media said it proposed that the two stocks combine t
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-26
: United Natural Foods’ stock slides 6.6% premarket after company swings to a loss and sales lag estimates
United natural foods inc.’s stock unfi tumbled 6.6% in premarket trade tuesday, after the grocery wholesaler swung to a fiscal fourth-quarter loss and posted sales that lagged estimates. the company had a loss of million, or .15 a share, for the q
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-26
: Fisker says it has made 5,000 Ocean SUVs, on track to reach deliveries of 300 vehicles a day later this year
Ev company fisker inc.’s stock fsr jumped 6% early tuesday, after the company said it expects to reach its target of deliveries of 300 vehicles a day later this year. the los angeles-based company said it has manufactured 5,000 fisker ocean all-electric
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-26
: Peloton names new chief product officer to succeed co-founder
Peloton interactive inc. pton said late tuesday it appointed nick caldwell to become chief product officer, effective nov. 1. caldwell succeeds peloton’s co-founder, tom cortese, and will report to chief executive barry mccarthy. shares of peloton de
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-09-26
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