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
: Southwest Airlines says travel demand remains healthy as it lifts its Q4 available seat miles view
Southwest airlines co. luv on wednesday said it now expects fourth-quarter available seat miles to increase by about 21%, compared to its earlier view of no change. its outlook for fourth-quarter revenue seat miles improved to a drop of up to 10% from its
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-13
: Airbnb Ireland reaches 0.56 million agreement with Italian tax authorities over owed tax
Airbnb inc. abnb said wednesday that airbnb ireland, its european headquarters, has signed an agreement with the italian tax authorities to settle a tax assessment of 576 million euros (0.56 million) relating to the 2017 to 2021 tax years. the company
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-13
: LifeMD’s stock soars 9.5% on news company is teaming up with Medifast to create weight-management program that includes GLP-1 drugs
Lifemd inc.’s stock lfmd soared 9% early wednesday, after the virtual primary care provider said it’s teaming up with medifast inc. med, a wellness company known for its habit-based and coach-guided lifestyle service optavia, to create a clinically sup
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-13
: Tesla to recall more than 2 million vehicles due to issues with autopilot control
Tesla inc.’s stock tsla fell 1.1% premarket wednesday, after the national highway traffic safety administration (nhtsa) said the electric vehicle company was recalling more than 2 million vehicles due to autopilot control issues. “in certain circumstan
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-13
Market Extra: 10-year Treasury note rallies hard, sending yield down toward 4% on growing confidence in Fed’s inflation fight
Brendan smialowski/agence france-presse/getty imageincreasing confidence in the federal reserve’s ability to bring inflation to a heel breathed new life into the recent rally in treasurys, sending the widely followed 10-year yield down to a level not see
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-13
: Gold futures rally in electronic trading as the U.S. dollar drops after the Fed announcement
Gold futures rallied wednesday afternoon in electronic trading, after ending the regular trading session with a modest gain. prices for the precious metal got a boost as the u.s. dollar weakened in the wake of the federal reserve’s decision to leave inte
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-13
: Oil futures finish higher a day after ending at a nearly 6-month low
Oil futures gained on wednesday, a day after posting their lowest settlement in almost six months. with a weekly draw in u.s. crude supplies reported by the energy information administration on wednesday and the recent selloff in oil, prices may stabilize
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-13
: Cal-Maine’s stock rallies 9% as analyst hikes price target
Cal-maine foods inc.’s stock calm was rallying by 9.4% on wednesday after stephens analyst ben bienvenu hiked his price target on the egg producer to a share from on the prospect for strong egg prices. the move comes despite an update from the co
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-13
: Apple braces for EU antitrust order over App Store: report
The european union is about to hit apple inc. aapl with a ban on app store rules that govern music-streaming rivals like spotify technology spot and a potential hefty fine in the regulatory body’s latest bid to thwart the power and reach of big tech. a
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-13
: Goldman Sachs commodities-trading head to retire after 24 years
Goldman sachs group inc. gs executive ed emerson plans to retire in 2024 after 24 years at the bank, according to an internal memo seen by marketwatch. emerson, who currently serves as head of global commodities, reportedly earned 0 million in the past
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-13
: EIA reports a weekly decline in U.S. crude supplies, and rise in gasoline, distillate inventories
The energy information administration on wednesday reported that u.s. commercial crude inventories fell by 4.3 million barrels for the week ended dec. 8. on average, analysts polled by s&p global commodity insights expected the report to show a decline of
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-13
: Chipotle Mexican Grill invests in two start-ups from its M Cultivate Next venture fund
Chipotle mexican grill cmg said wednesday it invested an undisclosed amount of money from its million cultivate next venture capital fund in two privately-backed start-ups. greenfield robotics is a specialist in artificial intelligence, robotics and se
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-13
: U.S. stock futures hold on to gains after PPI report
U.s. stock futures clung to their earlier gains wednesday following the release of the november ppi index, which showed producer price growth continued to slow last month. futures on the s&p 500 es00 gained 0.2% to 4,704.25. the yield on the 10-year treasu
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-13
: Curaleaf to ring opening bell at TSX to mark stock listing
Curaleaf holdings inc. curlf said it will ring the opening bell at the toronto stock exchange on thursday to mark official trading of its stock on the bourse under the symbol “cura”. curaleaf’s stock will be de-listed from the canadian securities exc
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-13
Gold futures rally in electronic trading as the U.S. dollar drops after the Fed announcement
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-13
Oil futures finish higher a day after ending at a nearly 6-month low
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-13
Cal-Maine’s stock rallies 9% as analyst hikes price target
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-13
Apple braces for EU antitrust order over App Store: report
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-13
Goldman Sachs commodities-trading head to retire after 24 years
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-13
EIA reports a weekly decline in U.S. crude supplies, and rise in gasoline, distillate inventories
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-13
Chipotle Mexican Grill invests in two start-ups from its M Cultivate Next venture fund
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-13
U.S. stock futures hold on to gains after PPI report
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-13
Sonoco to implement -a-ton price increase on all grades of uncoated recycled paperboard in the U.S. starting Feb. 1
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-13
Southwest Airlines says travel demand remains healthy as it lifts its Q4 available seat miles view
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-13
Airbnb Ireland reaches 0.56 million agreement with Italian tax authorities over owed tax
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-13
: Pfizer expects to close Seagen deal on Thursday, will create a new oncology division to incorporate company
Pfizer inc. pfe said tuesday it has received all the regulatory approvals needed to close the acquisition of seagen inc. sgen and expects to close the deal on thursday. to address concerns raised by the federal trade commission, the drug company has agreed
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-12
: NVent Electric raises quarterly dividend by 9% to 19 cents a share
Nvent electric plc nvt said tuesday its board has agreed to hike its quarterly cash dividend by 9% to 19 cents a share. the new dividend is payable feb. 2, 2024 to shareholders of record as of jan. 19. the london-based company makes electrical connection a
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-12
: Choice Hotels launches exchange offer to acquire Wyndham after latter’s board declines to engage in talks
Choice hotels international inc. chh said tuesday it’s launching an exchange offer to acquire wyndham hotels & resorts inc. for .50 a share in cash, stock, or cash and stock. the hotel group, which launched a hostile bid for wyndham in october, said i
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-12
: Centene’s stock rises 1.4% premarket after managed care company offers guidance that’s above consensus
Centene corp.’s stock cnc rose 1.4% premarket tuesday, after the managed care provider set guidance for 2024 that was above consensus, while backing higher-than-expected profit guidance for 2023. st. louis-based centene said it still expects 2023 adjust
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-12
: Netflix is back after outage affects ‘some members’
Netflix inc. nflx was working again monday night after some customers earlier encountered an outage. “we’re very sorry, but we’re having unexpected technical issues with netflix for some members,” the company said in a statement to marketwatch. “
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-12
: XPO to buy 28 service centers from bankrupt Yellow
Xpo inc. xpo said late tuesday it got approval from the u.s. bankruptcy court for the district of delaware to buy 28 service centers previously operated by yellow corp., which filed for bankruptcy in august. xpo will buy 26 of the centers and assume existi
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-12
: Amgen raises dividend to .25 a share
Amgen inc. amgn said late tuesday its board has authorized a dividend of .25 a share, up from .13 a share. that’s the 12th straight year that amgen has increased its dividend, the company said. the dividend will be paid on march 7 to stockholders of
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-12
The Tell: Inflation is ‘not transitory. It’s permanent,’ says financial writer Jim Grant
Yuki iwamura/afp/getty imagesjim grant, founder and editor of grant’s interest rate observer, made a bold declaration in an interview with the fox business network just ahead of tuesday’s november u.s. consumer price index report. perhaps best known as
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-12
: Dow Jones scores 3rd highest close ever, stocks sweep to fresh 2023 highs
U.s. stocks set fresh closing highs for the year on tuesday, with the dow jones booking its third highest finish in history. equities rallied as investors waited on the federal reserve on wednesday to provide more insights on the potential path of interest
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-12
: Oil futures settle almost 4% lower
Oil futures on tuesday lost almost 4% for the session to settle at their lowest level since late june. the “sticky” core u.s. inflation data lessens the chance of a first quarter federal reserve interest-rate cut, which “typically brings the prospect
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-12
: AMD’s stock heads for highest close in nearly 2 years, pacing S&P 500 volume leaders
Advanced micro devices inc. shares amd are continuing their charge higher tuesday, rallying for the fourth session in a row and heading for their highest close in almost a year. the stock is up 2% in tuesday afternoon action, recently trading at 7.07, a
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-12
: Apple shores up iPhone security
Apple inc. aapl on tuesday began rolling out a security patch to protect iphone owners from cyberthieves. the new ios setting, called stolen device protection, blocks intruders from taking over customers’ accounts, accessing saved passwords, and stealing
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-12
: Treasury’s billion 30-year auction is met with fair demand, trader says
Tuesday afternoon’s sale of 30-year treasury bonds was “fairly decent,” said gregory faranello, head of u.s. rates trading and strategy at amerivet securities in new york. the bid-to-cover ratio, one measure of demand, was better than the previous au
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-12
: EIA lowers its 2024 price forecasts for WTI and Brent oil, and U.S. natural gas
The u.s. energy information administration reduced its 2024 forecasts for u.s. and global benchmark oil prices, and u.s. natural gas, in a monthly report released tuesday. the eia said brent crude is expected to average .57 a barrel in 2024, down 11.4%
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-12
: U.S. stocks open mixed as investors weigh fresh data on inflation
U.s. stocks opened mixed on tuesday as investors weighed a reading on inflation that was largely in line with economists’ forecasts. the dow jones industrial average djia was up less than 0.1% soon after the opening bell, while the s&p 500 spx slipped 0.
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-12
: Boeing receives order for 40 737-8 jets from Ireland-based lessor Avolon
The boeing co. ba said tuesday it has received an order from ireland-based lessor avolon for 40 737-8 jets as it moves to expands its fleet to more than 110 jets. avolon already order 40 737-8s in june. avolon’s fleet is composed of 737-8 and 737-10 plan
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-12
: Achieve Life Sciences shares drop as analysts see delayed launch of smoking-cessation treatment
Achieve life sciences inc. shares achv dropped 25% premarket on tuesday as analysts forecasted delays in the launch of the company’s smoking cessation treatment cytisinicline. in a recent meeting with the u.s. food and drug administration, the agency sai
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-12
: U.S. stock futures pare gains, Treasury yields climb after inflation report
U.s. stock futures and treasurys pared earlier gains following the release of a november inflation report that showed prices rose at a slightly faster clip than economists had expected. futures on the s&p 500 es00 were up 0.1% at 4,685 minutes after the da
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-12
: Moderna reorganizes to sharpen focus on vaccine sales, chief commercial officer to leave company
Moderna inc. mrna on tuesday announced a reorganization designed to sharpen the company’s focus on driving sales of covid vaccine spikevax and on the expected 2024 launch of a vaccine for respiratory syncytial virus. stephane bancel, moderna’s ceo, wil
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-12
: Netflix outage is affecting ‘some members’
Some netflix inc. nflx customers were encountering an outage, the video-streaming service acknowledged late monday. “we’re very sorry, but we’re having unexpected technical issues with netflix for some members,” the company said in a statement to m
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-12
XPO to buy 28 service centers from bankrupt Yellow
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-12
Amgen raises dividend to .25 a share
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-12
: Penske Automotive to buy Rybrook Group of 15 U.K. dealerships that generate about billion of revenue a year
Penske automotive group inc. pag said monday it has agreed to acquire rybrook group ltd., a u.k.-based company that consists of 15 premium dealerships, including four bmw dealerships, four mini dealerships, four volvo dealerships, two land rover dealership
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-11
: Manulife to buy back .2B in stock as part of B reinsurance deal with Global Atlantic
Manulife financial corp. mfc said monday it agreed to have global atlantic reinsure billion of its reserves across four legacy/low return-on-equity blocks. the company plans to buy back .2 billion in stock as part of the deal. the blocks include por
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-11
: Sprouts Farmers Market to add more than 400 stores to Uber Eats for grocery delivery
Sprouts farmers market inc. sfm said monday it’s expanding its partnership with uber eats uber and will add more than 400 stores to the grocery delivery platform. “customers will be able to order thousands of fresh, natural and organic products from sp
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-11
: Hasbro, Mattel stocks fall after report of Hasbro layoffs amid toy sales slump
Hasbro inc. has is cutting nearly 20% of its workforce, or about 1,100 employees, as a slump for toy and game sales continues into the holiday shopping period, the wall street journal reported, citing a memo it viewed. the my little pony and monopoly maker
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-11
: Grocery Outlet CFO Charles Bracher to step down
Grocery outlet holding corp. go said late monday that chief financial officer charles bracher is stepping down on march 1 “to pursue another opportunity,” which the company didn’t name. bracher will work with principal accounting officer lindsay gray
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-11
: Sanofi ends licensing deal with Maze Therapeutics after FTC action
Sanofi sa fr:san said late monday it will scuttle an agreement with biotech maze therapeutics inc. after federal trade regulators sought to block it, saying the deal would eliminate competition for the treatment of a rare genetic condition. “we respectfu
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-11
: Discover Financial names new CEO
Discover financial services’ dfs board has appointed michael g. rhodes as the company’s new chief executive and board member, effective march 6, the company said in a filing late monday. interim ceo john owen will continue to serve as a director of the
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-11
: Lucid’s stock drops 4% after CFO departure
Shares of lucid group inc. lcid fell 4% in the extended session monday after the ev maker said that chief financial officer sherry house has resigned, effective immediately, “to pursue other opportunities.” house will be available as an adviser through
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-11
: Dow closes at highest in nearly 2 years as stocks climb for 3rd day
U.s. stocks climbed for a third-straight day monday, with the three main indexes closing at fresh 52-week highs, according to factset data, as investors turned their attention to tuesday’s inflation report, and wednesday’s federal reserve decision on i
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-11
: General Atlantic confidentially files for U.S. initial public offering: Bloomberg
General atlantic, the 43-year-old private-equity firm that invested in meta platforms inc. meta and many other blockbuster companies before they went public, has filed a confidential initial public offering, bloomberg reported monday. general atlantic co
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-11
: U.S. stocks rise ahead of inflation data, Fed meeting
U.s. stocks traded higher in the final hour of trading on monday, ahead of the release of key inflation data and the federal reserve’s interest-rate decision later this week. the dow jones industrial average djia went up 104 points, or 0.3%, to around 36
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-11
: Oil futures end modestly higher after posting 7 consecutive weekly declines
Oil futures finished higher on monday after posting seven consecutive weekly declines. gains for the session came from a “combination of near-term oversold conditions in the futures market” after west texas intermediate crude tested critical 2023 suppo
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-11
: Goldman hires Wells Fargo executive as head of transactional banking
Goldman sachs group inc. gs is hiring former wells fargo & co. wfc executive paul camp as partner and head of transaction banking at the firm, according to an internal memo seen by marketwatch. camp most recently worked as head of global treasury managem
Tag: Market Pulse USA Source: marketwatch.com Dated: 2023-12-11
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