Author Archives: Megan Oudine

U.S. oil futures settle above $70 for the first time since 2018
8 June, 2021

Oil futures climbed on Tuesday, with U.S. prices settling above $70 a barrel for the...

Zhangmen Education’s stock surges out of the gate, and keeps rising
8 June, 2021

Zhangmen Education Inc. received a warm welcome on Wall Street Tuesday, as the China-based online...

Biogen expects its $56,000 Alzheimer’s drug to be covered by Medicare for ‘most’ patients
8 June, 2021

Shares Biogen Inc. pulled back 1.4% in afternoon trading Tuesday, in the wake of the...

Gold futures mark first loss in 3 sessions
8 June, 2021

Gold futures on Tuesday marked their first loss in three sessions, with prices only briefly...

EIA lifts WTI, Brent oil-price forecasts for this year
8 June, 2021

The U.S. Energy Information Administration lifted its forecasts for this year’s U.S. and global benchmark...

Cinemark to offering ‘drop-in’ gaming at its theaters this summer
8 June, 2021

Shares of Cinemark Holdings Inc. jumped as much as 5.1% in midday trading Tuesday, before...

NextDecade stock more than doubles in 2 days after back-to-back bullish analyst calls
8 June, 2021

Shares of NextDecade Corp. skyrocketed 56.0% in morning trading, putting them on track to break...

Tech buoys broader stock market early Tuesday but the Dow weighed by slump in Goldman
8 June, 2021

U.S. stock benchmarks early Tuesday were trading mixed to mostly higher, with investors in a...

CMS Energy sells EnerBank sub to Regions Financial for $960 million in cash
8 June, 2021

CMS Energy Corp. announced Tuesday an agreement to sell its EnerBank USA subsidiary for $960...

Curaleaf partners with Rolling Stone for new line of cannabis products
8 June, 2021

Curaleaf Holdings Inc. announced a partnership with music and culture magazine Rolling Stone for a...

Zhangmen Education IPO prices, valuing the company at about $1.8 billion
8 June, 2021

Zhangmen Education Inc. is set to go public Tuesday, as the China-based online education company’s...

Academy Sports swings to a profit and raises full-year guidance
8 June, 2021

Shares of Academy Sports & Outdoors Inc. soared 8.7% in Tuesday premarket trading after the...

Tesla stock rallies after data showing sales in China rebounded in May
8 June, 2021

Shares of Tesla Inc. rallied 2.9% in premarket trading Tuesday, putting them on track for...

Coronavirus tally: Global cases rise to 173.7 million, while U.S. daily cases and deaths keep trending lower
8 June, 2021

The global tally for the coronavirus-borne illness rose to 173.67 million on Tuesday, according to...

Chico’s stock rises after upbeat guidance
8 June, 2021

Chico’s Fas Inc. shares gained 6.8% in Tuesday premarket trading after the women’s clothing and...

Fastly stock takes a hit after outage, but pares losses after ‘fix’ applied
8 June, 2021

Shares of Fastly Inc. took a 1.7% hit in premarket trading Tuesday, but pared earlier...

Philip Morris 2021 profit outlook is unchanged, but remains below the Wall Street consensus
8 June, 2021

Shares of Philip Morris International Inc. slipped 0.6% in premarket trading Tuesday, after the cigarette...

Southwest provides monthly update to reflect improving leisure passenger traffic and fares
8 June, 2021

Shares of Southwest Airlines Co. were indicated up nearly 0.5% in premarket trading Tuesday, after...

Hexo to offset carbon emissions and plastics packaging by September 2021
8 June, 2021

Hexo Corp. announced Tuesday its commitment to offsetting all of its operational carbon emissions and...

Thor Industries stock jumps after record profit, sales more than double
8 June, 2021

Shares of Thor Industries Inc. jumped 4.2% in premarket trading Tuesday, recreational vehicle seller reported...

Duckhorn Portfolio sales jump 30%, winery posts surprise profit for fiscal Q3
8 June, 2021

Shares of Duckhorn Portfolio Inc. rose more than 5% late Monday after the California winemaking...

Stitch Fix stock shoots up 17% on spike in sales, narrowing loss
8 June, 2021

Shares of Stitch Fix Inc. were initially up 17% in extended trading Monday after the...

Airport security company Clear Secure files for IPO
8 June, 2021

Clear Secure Inc. has filed for an initial public offering. The airport security company is...

Dow ends 126 points lower as stocks begin week on soft note
8 June, 2021

Stocks ended mostly lower Monday, with the Dow Jones Industrial Average losing ground after briefly...

Kroger aims to hire 10,000 workers at first nationwide ‘hybrid’ hiring event
8 June, 2021

Kroger Co. has set a goal of 10,000 new hires when it hosts its first...