Author Archives: Megan Oudine

: Apple iPhone, Watch product design head to leave: report
9 December, 2023

Tang Tan, the Apple Inc. AAPL executive who headed product design for the iPhone and...

: Wheat, soybean futures decline after USDA data
9 December, 2023

Wheat futures headed lower Friday, set for their first daily loss in nine sessions, while...

: Oil futures settle higher after a 6-session streak of losses
9 December, 2023

Oil futures finished higher Friday after a six-session streak of declines, but marked a seventh...

: S&P 500 ends at 2023 high, books longest weekly win streak in 4 years
9 December, 2023

U.S. stocks closed higher on Friday, shaking off earlier weakness after a strong monthly jobs...

: LyondellBasell to sell ethylene oxide & derivatives business to Ineos Oxide for $700 million
8 December, 2023

Chemicals company LyondellBasell Industries N.V. LYB said Friday it has entered an agreement to sell...

: Gates Industrial stock drops nearly 8% after company prices share offering
8 December, 2023

Gates Industrial Corp.’s stock GTES was down nearly 7.7% in premarket trading on Friday after...

: Mullen Automotive’s stock up 2.9% after company files suit against investors for using ‘spoofing’ to manipulate its share price
8 December, 2023

Mullen Automotive Inc.’s stock MULN rose 2.9% early Friday, after the electric vehicle maker filed...

: U.S. Energy Department looks to buy more crude oil for the SPR
8 December, 2023

The U.S. Energy Department on Friday announced a “solicitation” for up to 3 million barrels...

: LyondellBasell to sell ethylene oxide & derivatives business to Ineos Oxide for $700 million
8 December, 2023

Chemicals company LyondellBasell Industries N.V. LYB said Friday it has entered an agreement to sell...

: Johnson Outdoors stock slides 19% after company posts wider-than-expected quarterly loss and sales that fall short
8 December, 2023

Johnson Outdoors Inc.’s stock JOUT tumbled 19% early Friday, after the maker of outdoor recreation...

: Treasury yields jump after November data show solid job gains, drop in unemployment rate
8 December, 2023

Treasurys sold off aggressively after Friday’s nonfarm-payrolls report for November, pushing yields higher on everything...

: Merck and Eisai combination endometrial cancer treatment fails to meet goals in clinical trial
8 December, 2023

Merck & Co. Inc. MRK and Eisai Co. Ltd. ESALF said Friday that a late-stage...

: Honeywell to buy security unit of Carrier for $5 billion
8 December, 2023

Carrier Global Corp. CARR was up 5% in premarket trading on Friday after it confirmed...

: Mullen Automotive’s stock up 2.9% after company files suit against investors for using ‘spoofing’ to manipulate its share price
8 December, 2023

Mullen Automotive Inc.’s stock MULN rose 2.9% early Friday, after the electric vehicle maker filed...

: U.S. stocks open lower after stronger-than-expected jobs report
8 December, 2023

U.S. stocks opened lower as investors weighed a jobs report that was slightly stronger than...

: ALX Oncology shares jump 9% after Jefferies upgrade
8 December, 2023

ALX Oncology Holdings Inc. shares ALXO climbed 9% premarket on Friday after Jefferies analysts upgraded...

: Dow futures down 100 points after November jobs report surpasses expectations
8 December, 2023

U.S. stock futures are sliding Friday after November jobs data came in slightly hotter than...

: Johnson Outdoors stock slides 19% after company posts wider-than-expected quarterly loss and sales that fall short
8 December, 2023

Johnson Outdoors Inc.’s stock JOUT tumbled 19% early Friday, after the maker of outdoor recreation...

: Crown Castle draws positive comment from Elliott after it names interim chief executive
8 December, 2023

Crown Castle Inc.’s stock CCI was up by 0.6% in premarket trading on Friday after...

: Honeywell to buy security unit of Carrier for $5 billion
8 December, 2023

Carrier Global Corp. CARR was up 5% in premarket trading on Friday after it confirmed...

: U.K. regulator to probe whether Microsoft has control over OpenAI
8 December, 2023

The U.K. Competition and Markets Authority on Friday said it was seeking comment on whether...

: FedEx sends security alert to contractors amid thefts during busy season
8 December, 2023

FedEx Corp. FDX has sent a security warning to contractors, asking them to give priority...

: Levi Strauss names Michelle Gass its next CEO
8 December, 2023

Levi Strauss & Co. LEVI said late Thursday that Chief Executive Chip Bergh will be...

: U.S. stocks end higher, Dow closes less than 2% from record
8 December, 2023

U.S. stocks closed higher Thursday ahead of Friday’s jobs report for November, with the equity...

: DocuSign’s stock jumps 8% on results, guidance
8 December, 2023

DocuSign Inc.’s DOCU stock initially jumped 8% before cooling in after-hours trading Thursday after the...