Author Archives: Megan Oudine

MongoDB stock jumps more than 10% after narrower Q2 loss
3 September, 2021

Shares of MongoDB Inc. rallied more than 10% in the extended session late Thursday after...

Manchin tells fellow Democrats to ‘hit a strategic pause’ on $3.5 trillion package
3 September, 2021

Democratic Sen. Joe Manchin of West Virginia on Thursday again voiced opposition to his party’s...

FDA committee to discuss COVID-19 booster shots
3 September, 2021

An influential Food and Drug Administration advisory committee plans to meet Sept. 17 to discuss...

White House: Funding to build out production of pandemic supplies will create ‘thousands’ of U.S. jobs
3 September, 2021

The U.S. plans to provide almost $3 billion in funding to shore up the vaccine...

Signet Jewelers stock surges toward 4 1/2-year high after swinging to profit that more than doubled forecasts
2 September, 2021

Shares of Signet Jewelers Ltd. shot up 4.2% in premarket trading toward the highest price...

Hormel Foods stock sinks after profit matches expectations but full-year outlook cut
2 September, 2021

Shares of Hormel Foods Corp. sank 4.6% in premarket trading Thursday, after the branded foods...

Coronavirus tally: Global cases of COVID-19 top 218.5 million and study finds long COVID risk halved by dual vaccination
2 September, 2021

The global tally for the coronavirus-borne illness climbed above 218.5 million on Thursday, while the...

Facebook’s WhatsApp fined $267 million by Irish data regulator
2 September, 2021

Facebook’s WhatsApp was fined €225 million ($267 million) by Ireland’s Data Protection Commission for breaking...

Oil futures climb 2%, with U.S. prices at highest finish in a month
2 September, 2021

Oil futures settled higher Thursday, with U.S. prices marking their highest in about a month....

Smith & Wesson stock tumbles after sales miss, Wedbush sees pressure for the rest of the year
2 September, 2021

Shares of Smith & Wesson Brands Inc. tumbled 11.5% in afternoon trading Thursday, after the...

Gold futures post back-to-back declines
2 September, 2021

Gold futures fell on Thursday, suffering back-to-back losses as investors await Friday’s U.S. nonfarm payrolls...

Verizon raises dividend by 2%, to keep the stock the 3rd highest yielding within the Dow
2 September, 2021

Verizon Communications Inc. said Thursday that it will raise its quarterly dividend by 2.0%, to...

Biden slams Supreme Court ruling on Texas abortion law, vows ‘whole-of-government’ response
2 September, 2021

President Joe Biden on Thursday sharply criticized the Supreme Court’s 5-4 decision allowing a Texas...

UPDATE: Xerox creates new CareAR software platform
2 September, 2021

(Updating at company’s request to clarify that Sam Waicberg is founder of CareAR Inc.) Xerox...

Natural-gas prices extend gains as EIA reports a modest weekly supply climb
2 September, 2021

Natural-gas futures extended their gains on Thursday after the U.S. Energy Information Administration reported that...

Alibaba stock extends corrective bounce after pledge to spend $15.5 billion for ‘common prosperity’ amid regulatory scrutiny
2 September, 2021

Shares of Alibaba Group Holding Ltd. rose 0.8% in morning trading Thursday, to put them...

S&P 500, Nasdaq Composite open in record territory after jobless claims report hits pandemic low
2 September, 2021

The S&P 500 and the Nasdaq Composite opened in record territory Thursday morning, after weekly...

Ford’s August vehicles sales drops by one-third from last year
2 September, 2021

Ford Motor Co. reported August total vehicle sales that dropped by one-third from a year...

Toro stock gains after profit and revenue rise above expectations, and outlook lifted
2 September, 2021

Shares of Toro Co. rose 0.6% in premarket trading Thursday, after the lawn care equipment...

Nikola’s stock rallies after fuel-cell manufacturing agreements with Bosch
2 September, 2021

Shares of Nikola Corp. ran up 4.6% in premarket trading Thursday, after the electric commercial...

Manulife buys Texas pine timberland in fourth such acquisition in 2021
2 September, 2021

Manulife Financial Corp. said Thursday its Hancock Natural Resource Group unit closed its acquisition of...

American Eagle’s stock tumbles after profit tops forecasts but revenue comes up short
2 September, 2021

Shares of American Eagle Outfitters Inc. tumbled 8.8% toward a more than five-month low, after...

MasterCraft stock rallies after swinging to big profit beat as sales tripled to a record
2 September, 2021

Shares of MasterCraft Boat Holdings Inc. ran up 4.9% in premarket trading Thursday, after the...

G-III Apparel blows past earnings estimates and raises guidance
2 September, 2021

G-III Apparel Group Ltd. shares rose 1.6% in premarket trade Thursday, after the parent of...

EU health authorities say no ‘urgent’ need for widespread COVID booster shots
2 September, 2021

The European Medicines Authority said Thursday that there is no “urgent need” for COVID-19 booster...