Author Archives: Megan Oudine

New York officials meet to award cannabis retail licenses
21 November, 2022

The New York Office of Cannabis Management’s Cannabis Control Board is considering whether to approve...

Mobileye stock surges after 2 more analysts start coverage with bullish ratings
21 November, 2022

Shares of Mobileye Global Inc. surged 4.5% in premarket trading Monday, after more analysts started...

U.S. stocks open mostly lower amid China COVID lockdown concerns
21 November, 2022

U.S. stocks opened mostly lower Monday, with the S&P 500 down modestly, amid concern over...

Disney’s stock soars to add more than 50 points to the Dow’s price, leads S&P 500 gainers
21 November, 2022

Shares of Walt Disney Co. shot up 8.5% in morning trading Monday, to make it...

Builders FirstSource launches search for CEO after departure of Dave Flitman
21 November, 2022

Builders FirstSource Inc. on Monday named executive vice president Dave Rush as interim CEO and...

Bed Bath & Beyond extends exchange offers for certain debt securities
21 November, 2022

Bed Bath & Beyond Inc. said MOnday it has further extended offers to exchange some...

Cargill promotes COO Brian Sikes as 10th CEO in its 157-year history
21 November, 2022

Cargill Inc. on Monday named 31-year company veteran Brian Sikes as the tenth chief executive...

Domino’s to use 800 GM Chevy Bolt EV for pizza delivery in the coming months
21 November, 2022

Domino’s Pizza Inc. said Monday it will roll out 800 General Motors Co. Chevy Bolt...

JPMorgan keeps its rank as largest global systematically important bank; Bank of America moves up the list
21 November, 2022

JPMorgan Chase & Co. held on to its position as the largest bank on the...

J.M. Smucker stock jumps toward 6-year high after profit and sales beat expectations and outlook raised
21 November, 2022

Shares of J.M. Smucker Co. jumped 3.7% toward a six-year high in premarket trading Monday,...

Teva names former Sandoz chief Richard Francis as new CEO
21 November, 2022

Teva Pharmaceutical Industries Ltd. on Monday said its current CEO Kåre Schultz will retire on...

UnitedHealth, Cigna stocks fall after Raymond James downgrades, citing tripledemic and policy concerns
21 November, 2022

Shares of UnitedHealth Group Inc. fell 0.5% and Cigna Corp. slumped 2.3% in premarket trading...

Imago BioSciences stock soars after Merck bids more than 100% premium to buy the biotech
21 November, 2022

Shares of Imago BioSciences Inc. soared 104.9% into record territory in premarket trading Monday, after...

Stock of SPAC buying Donald Trump’s Truth Social falls after Trump reinstated on Twitter
21 November, 2022

Shares of the special purpose acquisition company (SPAC) looking to take Donald Trump’s Truth Social...

Coronavirus tally: China locks down Guangzhou district and announces first COVID death in six months
21 November, 2022

China’s southern manufacturing hub of Guangzhou locked down its largest district Monday as it tries...

Casino stocks slump on new Chinese COVID-19 restrictions
21 November, 2022

Casino stocks with ties to Macau slumped in premarket trade as China reported its first...

Surgery Partners stock falls after public stock offering of $275 million, private placement of $225 mln
21 November, 2022

Shares of Surgery Partners Inc. shed 2.6% in premarket trading Monday, after the outpatient health...

Apellis shares gain 16% after FDA accepts new data for drug submission
21 November, 2022

Shares of Apellis Pharmaceuticals Inc. jumped 16.8% in premarket trading on Friday after the company...

Iovance’s stock is down after receiving FDA feedback on application for new melanoma drug
21 November, 2022

Shares of Iovance Biotherapeutics Inc. fell 11.4% in premarket trading on Friday after the company...

Walgreens stock rallies after J.P. Morgan turns bullish, citing ‘transformational’ healthcare strategy
21 November, 2022

Shares of Walgreens Boots Alliance Inc. rallied 1.6% in premarket trading Friday, after J.P. Morgan...

Grindr to start trading under ‘GRND’ ticker after completing merger with SPAC Tiga Acquisition
21 November, 2022

Shares of Grindr Inc. will begin trading Friday, after the social network for the LGBTQ...

New York law enforcement swoops down on gray market cannabis shops
21 November, 2022

Law enforcement authorities from New York State and New York City raided an unlicensed vape...

Novavax’s COVID-19 booster authorized in Canada
21 November, 2022

Shares of Novavax Inc. were up 2.4% in premarket trading on Friday after the company...

Foot Locker stock soars after surprise same-store sales gain and profit beat, raised full-year outlook
21 November, 2022

Shares of Foot Locker Inc. soared 17.7% in premarket trading Friday, after the athletic footwear...

TerrAscend’s M&A talk helps offset earnings miss
21 November, 2022

Jefferies analyst Owen Bennett said Friday he was encouraged by cannabis company TerrAscend Corp.’s comments...