Author Archives: Megan Oudine

Foot Locker launching a new apparel line
18 October, 2021

Foot Locker Inc. announced Monday that it’s launching a new apparel line, LCKR by Foot...

U.K., Europe natural gas prices see spike on fading hopes of more Gazprom supplies
18 October, 2021

Natural gas prices in the U.K. and Europe briefly spiked on Monday, after a report...

Colin Powell was on board of Salesforce.com and Bloom Energy
18 October, 2021

Gen. Colin Powell, who died of COVID-19 complications, was on several boards, including that of...

Stocks open lower after China slowdown as investors await earnings
18 October, 2021

Major U.S. stock indexes kicked off the week on a soft note Monday, under pressure...

Square may build bitcoin mining system, CEO Jack Dorsey says
18 October, 2021

Square Inc. is contemplating building a system for bitcoin mining, according to Chief Executive Jack...

Kulicke & Soffa raises dividend to lift implied yield above the S&P 500’s
18 October, 2021

Shares of Kulicke & Soffa Industries Inc. rose 0.6% in premarket trading Monday, after the...

Adamis Pharmaceuticals stock rockets on heavy volume after opioid overdose treatment gets FDA approval
18 October, 2021

Shares of Adamis Pharmaceuticals Corp. soared 20.4% on massive volume toward an eight-month high in...

Walmart is bringing back ‘Black Friday Deals for Days’ event
18 October, 2021

Walmart Inc. announced the return of its “Black Friday Deals for Days” event, taking place...

Revance Therapeutics plummets after FDA said it can’t approve BLA of treatment for frown lines
18 October, 2021

Shares of Revance Therapeutics Inc. plummeted 34.7% toward an 18-month low in premarket Monday, which...

Revance’s stock falls 35% after FDA says it won’t approve the company’s frown-line injection
18 October, 2021

Shares of Revance Therapeutics Inc. tumbled 35.3% in premarket trading on Monday after the company...

Amazon seeks 150,000 seasonal hires in addition to more than 150,000 previously announced job openings
18 October, 2021

Amazon.com Inc. said Monday that it’s looking for 150,000 seasonal hires, both full- and part-time....

: Colin Powell dies from COVID-19 complications, family says
18 October, 2021

yuri gripas/Agence France-Presse/Getty ImagesGen. Colin Powell, the former secretary of state and chairman of the...

Peabody Energy provides preliminary third-quarter update, and stock rallies
18 October, 2021

Peabody Energy Corp. said Monday it expects to report third-quarter revenue of $670 million to...

S&P 500 sees biggest weekly rise since July as stocks rally on earnings
16 October, 2021

Stocks ended higher Friday, booking solid weekly gains for major indexes as investors cheered a...

Oil futures finish higher, with U.S. prices up nearly 4% for the week
16 October, 2021

Oil futures rose on Friday, with U.S. benchmark crude prices posting a weekly gain of...

Alcoa’s stock set for strong open after earnings beat, dividend initiation and new $500 million buyback program
15 October, 2021

Shares of Alcoa shot up 5.5% in premarket trading Friday, after the aluminum company reported...

Coronavirus tally: Global cases of COVID-19 head toward 240 million and FDA panel endorses Moderna boosters for some
15 October, 2021

The global tally for the coronavirus-borne illness climbed above 239.6 million on Friday, while the...

Morgan Stanley lowered to sector perform at RBC
15 October, 2021

Morgan Stanley was downgraded to sector perform from outperform at RBC Capital Markets. “Its performance...

Gold futures end lower, but post a modest gain for the week
15 October, 2021

Gold futures settled lower on Friday, pressured by strength in Treasury yields and U.S. benchmark...

Milan Laser hair removal company files to go public
15 October, 2021

Milan Laser Inc., the profitable Nebraska-based laser hair removal company, has filed to go public....

Baker Hughes data show U.S. oil-drilling rigs up 6 weeks in a row
15 October, 2021

Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil...

Forget health and wellness — Twinkie parent Hostess will benefit from consumer desire for indulgent snacks
15 October, 2021

Hostess Brands Inc. was initiated at outperform with a $22 target price at Credit Suisse...

U.s. business inventories jump 0.6% in August
15 October, 2021

U.S. business inventories rose 0.6% in August, the government said Friday. That matched the forecast...

FDA: Abbott is recalling two lab-based COVID-19 tests due to the possibility of false positive results
15 October, 2021

Shares of Abbott Laboratories were up 0.6% in premarket trading on Friday, the day after...

Dow up over 200 points as stocks open with gains after retail sales data
15 October, 2021

Stocks opened higher Friday, looking to build on the previous session’s sharp gains, after a...