Check out the companies making headlines before the bell: AstraZeneca – Britain became the first country to approve the drug maker’s Covid-19 vaccine, setting the stage for a rollout of millions of doses. The vaccine is not yet approved in the U.S., with the FDA still to review large-scale trials. The stock was up 2% at
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Street performers in Minnie Mouse costumes pass in front of an AMC movie theater at night in the Times Square neighborhood of New York, Oct. 15, 2020. Amir Hamja | Bloomberg | Getty Images Check out the companies making headlines in midday trading. AMC Entertainment — Shares of the beleaguered movie-theater chain fell more than
Check out the companies making headlines before the bell: SAP – The German business software company’s stock is moving higher after it announced its Qualtrics unit has filed to go public. Qualtrics – which specializes in customer relationship software – is expected to be valued at $12 billion or more, compared to the $8 billion SAP
Check out the companies making headlines in midday trading. Ormat Technologies — Shares of the alternative energy company advanced more than 4% after Bank of America initiated coverage on the stock with a buy rating and $96 target, according to FactSet. The stock rose to an all-time high on the heels of the bullish call.
Check out the companies making headlines before the bell: Alibaba – The China e-commerce giant saw its shares plunge for the second straight session overnight to their lowest level since June. Alibaba announced it was increasing its share buyback program to $10 billion from $6 billion, but the move failed to ease concerns about a
Nikola Corporation rang the Nasdaq Closing Bell remotely from across the world. Source: The Nasdaq Check out the companies making headlines midday on Monday: Nikola — Shares of the electric-vehicle maker rose nearly 6% after a JPMorgan analyst said he sees a “less drama-filled” news flow for the company in 2021. “We expect Nikola to
Take a look at some of the biggest movers in the premarket: FireEye (FEYE) – The cybersecurity firm’s stock is 2% lower in premarket trading, after rising for four straight sessions and eight of the past 10, gaining more than 78% over the latter stretch. Shares of this and other cybersecurity firms have been rising,
Check out the companies making headlines in midday trading. Nikola — Shares of the electric vehicle company shed more than 3% as the stock continued its slide after the announcement of the end of a garbage truck development deal with Republic Services. The stock lost 10.7% on Wednesday. Wedbush Securities called the announcement “a tough
Traders work on the floor of the New York Stock Exchange. NYSE At the close of trading next Thursday, the bull market will be ready to run into 2021 but probably at a slower pace. January is the month that Wall Street tradition says sets the tone for the year — “so goes January, so
Take a look at some of the biggest movers in the premarket: Pfizer (PFE) – Pfizer and the government struck a deal for the drugmaker and partner BioNTech (BNTX) to provide 100 million more doses of its Covid-19 vaccine, increasing the total that Pfizer has agreed to provide to 200 million. The extra 100 million
CEO and founder of U.S. Nikola Trevor Milton Massimo Pinca | Reuters Check out the companies making headlines in midday trading. Carnival, Norwegian Cruise Line, Royal Caribbean — Travel stocks rebounded from steep losses earlier this week on fears about the new Covid strain in the U.K. Carnival and Norwegian Cruise Line popped more than
Take a look at some of the biggest movers in the premarket: Peloton (PTON) – Peloton is acquiring rival fitness equipment maker Precor for $420 million, in a deal that will give it more market share as well as increased manufacturing capacity. The acquisition prompted KeyBanc Capital Markets to raise its price target on Peloton
A monitor displays Peloton Interactive Inc. signage during the company’s initial public offering (IPO) across from the Nasdaq MarketSite in New York, U.S., on Thursday, Sept. 26, 2019. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Peloton — The exercise equipment stock jumped more than 12% and
Take a look at some of the biggest movers in the premarket: Tesla (TSLA) – Tesla joins the S&P 500 index as of today, following a high-volume day of trading Friday as index fund managers prepared for its inclusion. Tesla will have the 6th largest market cap in the index, behind Apple, Microsoft, Amazon, Alphabet,
Take a look at the stocks making notable moves in midday trading. Nike — Shares of the shoe giant popped more than 4% after Nike reported strong quarterly earnings that showed digital bets paying off. Nike reported earnings of 78 cents per share on revenue of $11.24 billion. Analyst expected earnings of 62 cents per
Take a look at some of the biggest movers in the premarket: Tilray (TLRY), Aphria (APHA) – The Canadian cannabis companies will combine in an all-stock deal that will create the world’s biggest cannabis producer. Aphria shareholders will hold 62% of the combined company, with the company paying a 23% premium over Tilray’s Tuesday closing
Take a look at some of the biggest movers in the premarket: Accenture (ACN) – The consulting firm earned $2.32 per share for its fiscal first quarter, compared to a consensus estimate of $2.05 a share. Revenue beat estimates as well. Accenture also raised its full-year forecast, with demand for digital and cloud services remaining
The Georgia Senate runoff elections are a wild card for markets in the first days of the new year, and it has the potential to reshape not only the national political agenda but also the course of the markets and the economy in the year ahead. Two incumbent Republican senators are in a tight race
Take a look at some of the biggest movers in the premarket: Darden Restaurants (DRI) – The restaurant operator reported quarterly earnings of 74 cents per share, beating estimates by 3 cents a share. Revenue came in below forecasts, however, as same-restaurant sales fell 20.6% compared to a FactSet estimate of an 18.3% decline. Darden
Check out the companies making headlines in midday trading. Tesla — Shares of the electric vehicle company jumped more than 1% to a new all-time high ahead of Tesla’s inclusion in the S&P 500. The stock will be added to the benchmark index before the opening bell on Monday based on Friday’s closing prices. There
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