Author Archives: Megan Oudine

Ford stock gains after China sales report, with Q3 down but year-to-date sales up
15 October, 2021

Shares of Ford Motor Co. edged up 0.4% in premarket trading Friday, after the automaker...

Kohl’s will offer discounts to customers who opt for store pickup for holiday season orders
15 October, 2021

Kohl’s Corp. will offer a $5 discount on qualifying orders periodically throughout the holiday season...

Charles Schwab stock rises toward another record after profit, revenue rise above forecasts
15 October, 2021

Shares of Charles Schwab Corp. climbed 1.1% toward another record in premarket trading Friday, after...

Goldman Sachs beats Wall Street target as investment banking revenue jumps
15 October, 2021

Goldman Sachs Group Inc. on Friday reported third-quarter net income of $5.28 billion, or $14.93...

Prologis stock jumps after earnings beat expectations, amid record increases in market rents
15 October, 2021

Shares of Prologis Inc. rallied 1.7% toward a fifth straight gain Friday, after the real...

Minerva Surgical to offer 6.25 million shares in planned IPO, priced at $15 to $17 each
15 October, 2021

Minerva Surgical Inc. set terms for its initial public offering on Friday, with plans to...

El Pollo Loco CEO resigns
15 October, 2021

El Pollo Loco Holdings Inc. announced the resignation of Bernard Acoca, the chicken chain’s chief...

FDA to hold advisory committee for Merck’s experimental COVID-19 pill
15 October, 2021

Shares of Merck & Co. Inc. were down 0.1% in premarket trading on Friday, the...

Dollar Tree seeks thousands of workers at national hiring event on October 20
15 October, 2021

Dollar Tree Inc. will be looking for thousands of new associates for the namesake discount...

J.B. Hunt’s stock set to rally after profit, revenue rise above expectations
15 October, 2021

Shares of J.B. Hunt Transport Services Inc. were indicated up about 1% in premarket trading...

Okada Manila to go public by merging with gambling investor Jason Ader’s SPAC
15 October, 2021

Okada Manila, which operates Asian-based Tiger Resort, Leisure and Entertainment Inc., is going public by...

Ventyx Biosciences sets IPO terms, to be valued at up to $804 million
15 October, 2021

Ventyx Biosciences Inc. has set terms for its initial public offering, in which the California-based...

U.K. suspends private lab over potentially 43,000 false-negative COVID tests
15 October, 2021

The U.K. health department has suspended COVID testing at a private lab over an investigation...

Dow finishes more than 500 points higher after strong earnings
15 October, 2021

Stocks ended sharply higher Thursday, lifted by a strong start to earnings season, including largely...

Avis stock falls after Morgan Stanley recommends selling, saying it’s too early for the ‘mega-fleet bull case’
15 October, 2021

Shares of Avis Budget Group Inc. dropped 2.5% in afternoon trading Thursday, after Morgan Stanley...

Regeneron is seeking full FDA approval for its monoclonal antibody for two types of COVID-19 patients
14 October, 2021

Shares of Regeneron Pharmaceuticals Inc. gained 2.7% in premarket trading on Thursday after the company...

Morgan Stanley fattens profit by $1 billion as investment banking revenue jumps
14 October, 2021

Morgan Stanley on Thursday said its third-quarter net income rose to $3.7 billion or $1.98...

Domino’s Pizza shares slide after revenue miss
14 October, 2021

Domino’s Pizza Inc. stock fell 4.7% in Thursday premarket trading after the pizza delivery chain...

NRx shares jump 39% on new clinical data testing its experimental COVID-19 drug in the critically ill
14 October, 2021

Shares of NRx Pharmaceuticals Inc. soared 39.9% in premarket trading on Thursday after the company...

Walgreens profit and sales beat expectations
14 October, 2021

Walgreens Boots Alliance Inc. shares rose 2.5% in Thursday premarket trading after the pharmacy retailer...

Canopy Growth enters agreement to buy Wana Brands, with deal including cash payment of nearly $300 mln
14 October, 2021

The U.S.-listed shares of Canopy Growth Corp. rose 2.0% in prmarket trading Thursday, after the...

Wells Fargo earnings top estimates as it releases $1.7 billion from loan loss reserves
14 October, 2021

Wells Fargo & Co. Inc. said Thursday it had net income of $5.122 billion, or...

Barclays analyst lifts price target on Tesla to $300, or 63% below closing price
14 October, 2021

Barclays reiterated an underweight call on Tesla as it hiked the electric vehicle maker’s price...

Caterpillar stock bounces off 8-month low after Cowen says buy ahead of first ‘megacycle’ in 14 years
14 October, 2021

Shares of Caterpillar Inc. rallied 1.2% in premarket trading, to bounce of an eight-month closing...

Coronavirus tally: Global cases of COVID-19 top 239 million as FDA panel meets on Moderna booster
14 October, 2021

The global tally for the coronavirus-borne illness climbed above 239 million on Thursday, while the...