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Market Pulse USA NEWS. Stock Market NEWS Updated Daily

Market Pulse USA NEWS. Stock Market NEWS Updated Daily

This NEWS section covers current news for stock markets. To view latest news about specific stocks, please browse to the desired stock pages. Click one of the exchanges in the menu above and then use the search box to find your desired stock.

Market Pulse USA NEWS. Stock Market NEWS Updated Daily

: Moody’s upgrades Molson Coors by one notch and says it has enough cash to reduce debt while rewarding shareholders

Moody’s investors service upgraded molson coors beverage co.’s tap senior unsecured rating to baa2 from baa3 on wednesday, and revised the outlook to positive. the move reflects “consistent debt repayment, conservative leverage targets and recent
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-15

: Boston Properties to sell 45% in two life sciences development properties in Cambridge for about .66 billion

Boston properties inc. bxp said tuesday it has entered agreements to sell a 45% stake in two life sciences development properties located in kendall square in cambridge, mass., to norges bank investment management at a gross valuation of about .66 billio
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-14

: Home Depot’s Q3 earnings beat estimates as retailer narrows guidance range

Home depot inc. hd posted better-than-expected third-quarter earnings early tuesday, but said it was seeing engagement with smaller projects and pressure in certain big-ticket, discretionary categories. the home-improvement retailer had net income of .8
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-14

: Nike appoints new design chief, other executives to ‘accelerate innovation’

Nike inc. nke late tuesday announced a series of executive appointments, including a new design chief, aiming to boost the brand’s appeal. the footwear and apparel retailer said that john hoke, a 30-year nike veteran and most recently the company’s fir
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-14

: Nasdaq exits correction territory, small caps see best day in more than a year

U.s. stocks closed sharply higher on tuesday with the nasdaq composite notching its biggest daily percentage-point gain since april following a subdued inflation print that bolstered hopes for federal reserve rate cuts. the s&p 500 spx gained 84.15 points,
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-14

Market Extra: How financial conditions might play into Fed’s thinking after October’s CPI

Chip somodevilla/getty imagesfinancial markets were jubilant over tuesday’s data showing that u.s. consumer prices eased by more than expected in october, with treasury yields plummeting on expectations the federal reserve will refrain from raising inter
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-14

: Key Mining files for IPO with plans to list on Nasdaq

Key mining, an exploration-stage miner focused on two projects in chile, filed for an initial public offering on tuesday, with plans to list on nasdaq under the ticker “kmcm.” titan partners group is sole underwriter on the deal. proceeds will be used
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-14

: Home Depot stock on pace for biggest daily percentage gain in a year, boosted by third-quarter earnings

Home depot inc. hd shares are up 6.1%, putting the stock on pace for its biggest daily percentage gain since nov. 10, 2022, when it rose 8.7%. the s&p 500 index spx is up 2.2%. the home-improvement retailer posted better-than-expected third-quarter earning
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-14

: U.S. oil prices settle unchanged ahead of weekly domestic supply data

U.s. oil futures settled unchanged on tuesday, giving up earlier gains as traders awaited wednesday’s release of the energy information administration’s petroleum supply report. the government agency will release two weeks’ worth of data, for the wee
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-14

: Starbucks Workers United calls on customers to support Thursday’s Red Cup Day protest

Starbucks workers united is calling on customers and other allies to participate in actions planned for thursday, or red cup day, the coffee-chain’s biggest sales event of the season when it offers reusable holiday-themed red cups. ast year, workers went
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-14

: Vans parent V.F. Corp.’s stock on track for biggest one-day gain in 50 years

Vans parent v.f. corp.’s stock vfc rose 14% tuesday to put it on track for its biggest one-day gain in 50 years and snap a four-day losing streak. the last time the stock gained that much was dec. 7, 1973, when it rose 18.4%, according to dow jones marke
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-14

: Traders now expect Fed could start cutting rates as soon as March

Not only are traders seeing a higher likelihood of the federal reserve cutting interest rates up to five times in 2024, they now expect the first cut could arrive as soon as march, almost exactly two years after the fed started its most aggressive rate-hik
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-14

: U.S. stocks open sharply higher as Treasury yields retreat after inflation reading

U.s. stocks opened sharply higher tuesday, as investors weighed fresh data showing inflation in october eased more than wall street anticipated. the dow jones industrial average djia was up 1% soon after the opening bell, while the s&p 500 spx rose 1.4% an
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-14

: 2-year Treasury yield drops below 4.9% after October CPI

The policy-sensitive 2-year treasury yield fell 18.7 basis points to 4.85% on tuesday after october’s consumer price index showed a slowing headline rate of inflation. meanwhile, the report raised traders’ hopes for at least four rate cuts by the feder
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-14

: U.S. dollar slides to 2-month low after October inflation report

A closely watched gauge of the u.s. dollar’s value against a handful of its main rivals sank to its lowest level in 2 months early tuesday following the release of the october inflation report. the ice u.s. dollar index was down 0.9% at 104.72 in recent
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-14

: Expectations for at least 4 Fed rate cuts in 2024 surge on inflation report

Expectations for another interest-rate hike from the federal reserve before the end of the year have shrunk to virtually zero, while traders now expect up to five rate cuts in 2024 following the release of an october inflation report. data from the cme gro
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-14

: Tesla, Amazon and other consumer discretionary stocks surge after tame inflation data

Shares of companies in the consumer discretionary sector got a big boost tuesday from rather tame inflation data, which provided hopes that consumers will have more spending power if price increases slow. the consumer discretionary select sector etf xly su
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-14

: Dow futures surge 300 points, Treasury yields plummet after inflation report

U.s. stock futures surged on tuesday following the release of the october cpi index report, which showed that inflation, particularly closely watched core inflation, slowed more quickly than expected. dow jones industrial average futures ym00 were up 300 p
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-14

: LL Flooring, formerly Lumber Liquidators, receives buyout bid valued at just over million

Ll flooring holdings inc. ll, formerly known as lumber liquidators, received tuesday a buyout bid from private equity firm f9 investments llc that values the wood floors maker at about .6 million. f9, which owns about 8.8% of ll flooring’s shares outs
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-14

: Thermo Fisher sets new billion stock buyback program, about 2 weeks after shares hit a 3-year low

Shares of thermo fisher scientific inc. tmo were little changed in premarket trading tuesday, after the analytics, diagnostics and laboratory services company announced a new billion stock repurchase program. the new program represents about 2.3% of the
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-14

: Business Insider reverts to original name and Henry Blodget is out as CEO

Business insider is reverting to its original name and founder henry blodget is stepping down as chief executive, the company said tuesday. blodget will be replaced by barbara peng, who was previously president of the news site, which shortened its name to
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-14

: Kraft Heinz and J.M. Smucker win upgrades as analysts say weight-loss drug-driven fears are overdone

Bernstein analysts upgraded kraft heinz co.’s stock khc to outperform from market perform on tuesday, and upgraded j.m. smucker co. sjm to market perform from underperform and said the selling of the two stocks amid concerns they will be hurt by the prol
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-14

: Workhorse’s stock takes a hit after big revenue miss and downbeat outlook, but HVIP voucher issue has been resolved

Shares of workhorse group inc. wkhs dropped 2.7% in premarket trading tuesday, after the maker of electric delivery vehicles missed third-quarter revenue expectations by a wide margin and provided a downbeat full-year outlook, as results were “significan
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-14

: Boeing rises in premarket trading on fresh order for up to 67 jets from Ethiopian Airlines

Boeing co. ba and ethiopian airlines said tuesday the carrier agreed to an initial order 11 787 dreamliner and 20 737 max airplanes or up to a maximum of 26 787s and 41 737 max planes in what the companies described as the largest-ever purchase of boeing a
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-14

: Energizer’s stock slides 1.8% after company swings to profit but offers soft guidance

Battery maker energizer holdings inc.’ stock enr fell 1.8% premarket tuesday, after the company returned to a profit for its fiscal fourth quarter from a loss a year ago, but offered guidance that lagged estimates. the company swung to a profit of .
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-14

: GE names ex-Linde chief executive as nonexecutive chairman of GE Vernova spinoff

General electric co. ge on tuesday named the board members of energy business ge vernova and ge aerospace ahead of a split of the two units in the second quarter of next year. general electric will rename itself ge aerospace, while ge vernova will trade on
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-14

: Aramark tops revenue expectations as profit matches, and stock slips

Shares of aramark armk slipped 0.1% in premarket trading tuesday, after the food and facilities company matched fiscal fourth-quarter profit expectations but beat revenue forecasts. net income for the quarter to sept. 29 jumped to 5.4 million, or 78 ce
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-14

: Tyson Foods’ stock falls after revenue miss, downbeat outlook as protein production seen declining

Shares of tyson foods inc. tsn dropped 3.1% in premarket trading monday, after the processed meats company topped fiscal fourth-quarter profit expectations but missed on sales and provided a downbeat full-year outlook as overall protein production is proje
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-13

: Capital Products buying LNG carriers for .13 billion

Capital product partners l.p. cplp said monday it agreed to buy 11 new ships that carry liquid natural gas (lng) from capital maritime & trading corp. and capital gp llc for .13 billion. capital product partners will re-name itself capital new energy ca
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-13

: Alphabet cuts stock investments in latest quarter as it sold off Robinhood, Lyft holdings

Alphabet inc. googlgoog disclosed that it managed .56 billion worth of equity investments at the end of september, down 16.3% from the end of june, at a time the s&p 500 spx fell 3.7%. in the internet search behemoth’s 13f filing with the securities in
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-13

: OPEC nudges up forecast for 2023 oil-demand growth, leaves 2024 unchanged

The organization of the petroleum exporting countries, or opec, on monday nudged its forecast for 2023 growth in oil demand higher to 2.5 million barrels a day, or mbd, from a projection of 2.4 mbd in october. in its november report, opec said the change c
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-13

: Regions Financial downgraded to hold from buy at Odeon Capital

Odeon capital analyst richard bove on monday downgraded regions financial cop. rf to hold from buy on his outlook for the bank’s prospects headed into 2024. while the bank has been led by “good management” for a decade, the growth in the business “
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-13

: Boeing’s stock jumps toward 4-month high, would add 46 points to the Dow’s price

Shares of boeing co. ba jumped 3.5% to pace the dow jones industrial average’s djia premarket gainers, following a number of order announcements out of dubai and an upbeat report out of china on the its 737 max jets. the aerospace and defense giant’s s
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-13

: M. Klein and Creative Artists Agency form CAA Evolution investment bank aimed at sports and media deals

M. klein & co. and evolution media capital, which is the merchant banking unit of creative artists agency, are joining forces to launch caa evolution, a new investment bank, the wall street journal reported monday. caa evolution will specialize in entertai
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-13

: Testing, inspection and certification company UL Solutions files for IPO , plans to list on NYSE

Ul solutions inc., a company that bills itself as a safety science player, filed for an initial public offering in monday with plans to list on the new york stock exchange under the ticker “uls.” “we are a global safety science leader that provides i
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-13

: Henry Schein’s stock falls after revenue miss and lowered guidance

Henry schein inc.’s stock hsic fell 3.3% in premarket trade monday, after the provider of dental and medical supplies missed sales estimates for the third quarter and lowered its full-year guidance to reflect a slowing economy. melville, n.y.-based henry
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-13

: Coty increases share buyback program by 0 million

Coty inc. coty said late monday that its board has increased the company’s share buyback program authorization by an additional 0 million, to a total of about billion. the goal is to accommodate a planned hedged share buyback transaction of an addi
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-13

: Enrst & Young will no longer audit WeWork

Wework inc. wewkq, the once-hot office-sharing platform that filed for bankruptcy protection this month, said on monday that ernst & young “will not seek to be retained” as its accounting firm and would thus no longer audit the company following its c
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-13

: Amazon to lay off gaming division workers amid restructuring

Amazon.com inc. amzn is cutting more than 180 jobs as it restructures its gaming division, cnbc reported monday, citing a memo it said it reviewed. the goal is to focus on developing its own titles and upcoming launches, the report said. amazon last year l
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-13

: Johnson Controls to delay earnings due to cyberattack

Johnson controls international plc. jci said late monday that the reporting of its fourth-quarter earnings is delayed because of a previously disclosed cyberattack. “the cybersecurity incident caused disruptions to portions of the company’s systems tha
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-13

: Stellantis offering another round of buyouts to white-collar workers

Chrysler parent stellantis stla plans to offer its second round of buyouts this year to a little more than half its white-collar employees in the united states, the wall street journal first reported on monday. the automaker, when reached for comment, said
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-13

: BlackBerry announces extension of convertible debt

Security software provider blackberry bb on monday said it had fully repaid 5 million in convertible debt issued in 2020, and also announced a deal for another 0 million in extendable convertible debt. the company said it had entered into an agreemen
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-13

: Azenta shares jump on Q4 results, buyback plans

Shares of azenta inc. azta jumped 11.9% after hours on monday after the life-sciences company reported fourth-quarter results that beat expectations and announced plans to buy back an extra 0 million in stock in fiscal 2024. the company — whose prod
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-13

: CORRECTION: Dow finishes higher but sees first ‘death cross’ since March 2022

U.s. stocks finished mixed on monday as the dow managed to eke out a narrow gain ahead of a key inflation report due out early tuesday. however, the blue-chip gauge wasn’t able to avoid seeing its 50-day moving average close below its 200-day moving aver
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-13

: Walgreens Boots is the Dow’s worst performer today, on pace for its lowest close in roughly 25 years and its worst year ever

Shares of drugstore chain walgreens boots alliance inc. wba were down 0.9% and trading at .11 on monday, putting the stock on pace for its lowest close since aug. 31, 1998, when it finished at .19. the stock, currently the worst performer in the dow
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-13

: Oil prices settle higher after 3 consecutive weekly losses

Oil futures settled with a gain on monday, extend their advance into a third session in a row, after posting losses in each of the last three weeks. in a note dated sunday, analysts at goldman sachs said they “continue to believe that robust demand, slow
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-13

: Meta’s stock advances toward longest wining streak in almost three years

Meta platforms inc.’s stock meta is rallying monday toward its longest winning streak in nearly three years. shares of the facebook parent company are up 0.5% in monday trading and on track for their seventh session in a row of gains. if they finish in p
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-13

: U.S. stocks open lower as investors look ahead to October inflation data

U.s. stocks opened modestly lower monday, as treasury yields rose ahead of highly-anticipated inflation data that will be released tuesday. the dow jones industrial average djia was down 0.1% soon after the opening bell, while the s&p 500 spx fell 0.3% and
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-13

: Plug Power’s stock falls again, the day after the biggest plunge in 9 years

Shares of plug power inc. plug suffered a 5.4% drag in premarket trading, as they failed to bounce after suffering their worst day in nine years in the previous session. the hydrogen fuel cells company’s stock was falling toward a 3 1/2-year low. it had
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-13

: Dish sees EchoStar’s Akhavan assume CEO role

Hamid akhavan, the chief executive and president of echostar corp. sats, has joined dish network corp. dish to serve as that company’s ceo and president as well, according to a monday morning release. the two companies are merging, and they said at the
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-13

: Exxon Mobil moving into lithium production business for electric-vehicle batteries

Exxon mobil corp. xom said monday it plans to begin producing lithium for electric-vehicle batteries by 2027 from a mining operation in southwest arkansas under the brand mobil lithium. the oil and gas giant said it’s planning to be a “a leading produc
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-13

: Food delivery company Wonder says it’s closed its acquisition of Blue Apron

Wonder group, a food delivery company, said monday it has closed its acquisition of meal-kit provider blue apron holdings inc. aprn, clearing the path for that stock to be delisted. the news comes just days after blue apron said there was substantial doubt
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-13

: Amazon to lay off gaming-division workers amid restructuring

Amazon.com inc. amzn is cutting more than 180 jobs as it restructures its gaming division, cnbc reported monday, citing a memo it said it had reviewed. the goal is to focus on developing its own titles and upcoming launches, the report said. amazon last ye
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-13

: Canadian cannabis company OrganiGram searching for new CFO

Organigram holdings inc. ogica:ogi said friday it is launching a search for a new finance chief due to the departure of derrick west in the job. west told the company he needs to take time to focus on his health and recovery following surgery this month, o
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-10

: Walgreens sells shares of drug distributor Cencora

Drugstore chain walgreens boots alliance inc. wba on thursday said it had sold shares of drug distributor cencora inc. cor for approximately 4 million. walgreens also entered into a share repurchase by cencora, formerly known as amerisourcebergen, for p
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-10

: Dow Jones rebounds 400 points Friday, stocks log back-to-back weekly gains

U.s. stocks rebounded strongly friday, perking back up a day after the s&p 500’s longest win streak in two years was snapped. the dow jones industrial average djia closed about 391 points higher friday, or 1.2%, ending near 34,283, according to prelimina
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-10

: Oil prices fall for a third week in a row

Oil futures finished higher on friday, but posted a third straight weekly loss. “oil pundits forecasting widespread oil shortage this year is old news, and the reality is that physical markets are flush with the black gold,” said manish raj, managing d
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-10

: Intel’s stock flirts with highest close in 15 months

Intel corp. shares intc were up 2.8% in afternoon trading friday and flirting with their highest close in more than 15 months, according to dow jones market data. the stock traded as high as .99 earlier in the session and recently changed hands at .8
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-10

: Microsoft stock surges toward another record close, has added about 8 billion in market cap in 11 days

Shares of microsoft corp. msft hiked up 2.4% afternoon trading friday, toward its third record close in the past four sessions. the stock has now soared 12.6% over the past 11 sessions, in which is has gained 10 times, including a nine-day winning streak t
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-10

: E.l.f.’s stock falls after short seller Spruce Point alleges ties to defunct NXIVM sex cult

E.l.f. beauty inc.’s stock elf tumbled 6% on friday, after short seller spruce point capital management said the company has ties to the now-defunct nxivm cult and may use some of its teaching in its marketing. the cult’s leader keith raniere was sente
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-10

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