Day: September 22, 2022
Activist shareholder Ancora Holdings Group LLC on Thursday urged the board of Kohl’s Corp. KSS, +0.14% to replace its chairman Peter Boneparth and chief executive Michelle Gass with a leader with turnaround experience. In a letter to the board made public, Ancora said the retailer’s “botched strategic review, credit downgrade, dramatic decline in sales, elevated […]
Shares of Royal Caribbean Group RCL, +1.49% rose 0.5% in premarket trading Thursday, after the cruise operator said demand remains “strong,” as bookings have been “significantly outpacing” pre-pandemic 2019 levels. The company said the easing of COVID-19 testing and vaccination requirements from most of its cruises had an “immediate positive impact” on bookings for 2022 […]
• EUR50 reversed from support area • Likely to rise to resistance level 3535.0 EUR50 index recently reversed up from the support area located between the long-term support level 3420.00 (which stopped all previous downward impulses from March) and the lower daily Bollinger Band. The upward reversal from this support area stopped the C-wave of […]
• GBPJPY reversed from support area • Likely to rise to resistance level 163.00 GBPJPY currency pair recently reversed up from the support area located between the major support level 160.25 (which has been reversing the pair from the middle of June), 61.8% Fibonacci correction of the upward impulse from May and the lower daily […]
The crypto advocacy group is granted the status of “the friend of the court.” 1501 Total views 18 Total shares A United States crypto advocacy group, the Chamber of Digital Commerce (CDC), has been granted approval from the Court of Southern District of New York to participate as an amicus curiae in the U.S. Securities […]
Shares of Li Auto Inc. LI, -8.84% surged 6.2% in premarket trading Thursday, to bounce off the previous session’s four-month closing low, after the China-based electric vehicle maker said it was moving up the launch of its Li L8 six-seat sport utility vehicle (SUV) to Sept. 30 due to strong demand. The company said it […]
Talos Energy Inc. TALO, -4.16% said Thursday it has reached agreement to acquire privately held EnVen Energy Corp. for $1.1 billion cash and stock. Under the terms of the deal, EnVen shareholders will receive 43.8 million shares and $212.5 million in cash, along with the assumption of EnVen’s debt of about $50 million. Once the […]
Shares of Accenture PLC ACN, -1.78% dropped 0.9% toward an 18-month low in premarket trading Thursday, after the consulting company reported fiscal fourth-quarter profit and revenue that topped expectations but provided a downbeat outlook. Net income for the quarter to Aug. 31 rose to $1.67 billion, or $2.60 a share, from $1.42 billion, or $2.20 […]
Pfizer Inc. PFE, -1.90% said Thursday it has reached an agreement to supply up to six million treatment courses of its COVID antiviral Paxlovid to the Global Fund for low and middle-income countries. The company said it expects supply to be available starting in 2022, pending regulatory authorization or approval and based on demand from […]
The global tally of COVID cases held steady in the week through Sept. 18 compared with the previous week, while the number of fatalities fell 17%, the World Health Organization said in its weekly epidemiological update. Some 99% of cases sequenced were of the omicron variant, with BA.5 now accounting for 76.6% of cases, followed […]
