Latest Market News
The U.S. Centers for Disease Control and Prevention has dropped its country-by-country COVID-19 travel health notices that it began issuing early in the pandemic, the Associated Press reported. The reason: Fewer countries are testing for the virus or reporting the number of COVID-19 cases. That limits the CDC’s ability to calculate travelers’ risk, according to […]
Acuity Brands Inc. AYI, +1.38% reported Tuesday fiscal fourth-quarter profit and sales that rose above expectations, citing “strong demand” and an ability to capture price. Shares of the lighting company were still inactive in premarket trading. Net income for the quarter to Aug. 31 rose to $115.4 million, or $3.48 a share, from $98.1 million, […]
U.S. stocks opened higher Monday, with all three major benchmarks kicking off October with gains after an ugly September. The Dow Jones Industrial Average DJIA, +2.66% was up 1.2% soon after the opening bell, while the S&P 500 SPX, +2.59% rose 1.1% and the Nasdaq Composite COMP, +2.27% gained 0.8%, FactSet data show, at last […]
Ganesh Swami, CEO of blockchain data aggregator Covalent says there continues to be an “intense demand” for on-chain data analysts, that is yet to be satisfied. Speaking to Cointelegraph, Swami said that analysts are in “intense demand” as there’s a “real need” for data experts to “make sense” of on-chain data, explaining: “There is an […]
KalVista Pharmaceuticals Inc. shares KALV, -1.86% tumbled 47% in premarket trade Tuesday, after the company said it’s halting a Phase 2 trial of a treatment for hereditary angioedema, after multiple patients showed liver enzyme elevations. No patients had concomitant elevation of bilirubin levels and all were asymptomatic, the company said in a statement. “We made […]
Shares of Carnival Corp. CCL, -2.56% bounced 1.1% in morning trading Monday, reversing an earlier loss of as much as 6.4%, but underperformed shares of rival cruise operators and the broad stock market, after Stifel Nicolaus analyst Steven Wieczynski said Carnival’s issues are “company specific.” Trading volume was 43.1 million shares, enough to make the […]