Author Archives: Megan Oudine

Dow opens slightly higher early Tuesday on back of Home Depot’s gains but broader stock market under pressure
16 November, 2021

U.S. stock benchmarks traded mixed early Tuesday, with the Dow industrial’s gains supported by a...

Walgreens aims for 20 new Village Medical practices in the Dallas area over the next year
16 November, 2021

Walgreens Boots Alliance Inc. said Tuesday that it will open 20 new Village Medical at...

Private fintech company Upgrade nearly doubles valuation to $6 billion in four months
16 November, 2021

Upgrade Inc. said Tuesday it raised a $280 million Series F round of financing led...

Tenet Healthcare offering $1.45 billion of nine-year high-yield bonds
16 November, 2021

Hospital operator Tenet Healthcare Corp. said Tuesday it is planning a private placement of $1.45...

KFC launching order-ahead Quick Pick-Up service as drive-thru wait times increase to more than 6 minutes
16 November, 2021

KFC announced the launch of its Quick Pick-Up service on Tuesday, which will allow customers...

R.R. Donnelley gets higher buyout offer from Chatham Asset Management
16 November, 2021

Private investment firm Chatham Asset Management LLC on Tuesday outbid an earlier offer from Atlas...

Economic Report: Coming up: U.S. retail sales
16 November, 2021

Scott Olson/Getty ImagesU.S. retail sales likely surged 1.5% in October to mark the biggest gain...

Walmart, Home Depot stock gains after earnings would add about 44 points to the Dow’s price
16 November, 2021

Shares of Home Depot Inc. and Walmart Inc. rallied in premarket trading Tuesday, enough to...

Boeing gets 737 MAX order worth $9 billion from Akasa Air
16 November, 2021

New Indian carrier Akasa Air, a brand of SNV Aviation, on Tuesday said it placed...

Moderna says EU and EEA to donate more than 70 million COVID-19 vaccine does to Covax program in 2021
16 November, 2021

Moderna Inc. said Tuesday the European Union and European Economic Area countries have agreed to...

Walmart raises full-year earnings guidance
16 November, 2021

Walmart Inc. stock rose 2.2% in Tuesday premarket trading after the retail giant raised its...

UPDATE: Pfizer to allow generics companies to make its COVID-19 oral antiviral treatment, expand access to poorer countries
16 November, 2021

Pfizer Inc. said Tuesday it has signed a voluntary license agreement with United Nations-backed public...

Endeavor shares up 1% on sales, earnings beat
16 November, 2021

Shares of Endeavor Group Holdings Inc. were up 1% in extended trading Monday after the...

S&P 500 edges fractionally lower as stocks end near unchanged
16 November, 2021

Stocks ended a choppy trading session little changed Monday, as investors awaited data on October...

U.S. oil futures shake off early declines to finish higher
16 November, 2021

U.S. oil futures shook off earlier losses from concerns over a potential release of oil...

Caliber Home Loans withdraws IPO plans, that were originally filed 13 months ago
16 November, 2021

Caliber Home Loans Inc. requested Monday that the Securities and Exchange Commission withdraw its filing...

Trulieve net income rises by 7%
15 November, 2021

Trulieve Cannabis Corp. said Monday its third-quarter net income rose 7% to $18.6 million, or...

CoreSite’s stock rises toward another record after buyout deal with American Tower REIT valued at $10.1 billion
15 November, 2021

Shares of CoreSite Realty Corp. rallied 1.2% toward a sixth-straight record in premarket trading Monday,...

Thoughtworks adjusted profit, revenue rise above expectations in first earnings report after IPO
15 November, 2021

Thoughtworks Holding Inc. reported Monday that it swung to a third-quarter net loss as a...

Coronavirus tally: Global cases of COVID-19 top 253 million and Austria moves ahead with lockdown of unvaccinated
15 November, 2021

The global tally for the coronavirus-borne illness climbed above 253.4 million on Monday, while the...

Biden’s Fed chair choice could come this week: WSJ
15 November, 2021

President Joe Biden is expected to decide as soon as this week whether to re-nominate...

Philips shares tumble as FDA raises concern about silicone foam
15 November, 2021

Koninklijke Philips was on track for its worst single session in 19 years, falling 9.6%,...

Cathie Wood’s ARK sells most of remaining Zillow stake
15 November, 2021

The flagship fund of Cathie Wood’s Ark Invest, the Ark Innovation ETF , sold most...

Gold futures mark first loss in 8 sessions
15 November, 2021

Gold futures settled with a modest loss on Monday, following seven session gains in a...

The Tell: U.S. Treasurys market is ‘not well’ as ‘signs of illiquidity abound,’ B. of A. rates strategists say
15 November, 2021

Brendan Smialowski/AFP/Getty ImagesSigns of trouble are cropping up in the world’s largest, most liquid government-securities...