Latest Market News
Shares of Compass Inc. rallied 2.2% in premarket trading Tuesday, after the online real estate platform said it will cut jobs as part of a cost-cutting plan. The company did not detail the number of employees that will be laid off, but said a “significant portion” will in the product and engineering team. The company […]
Shares of Microsoft Corp. MSFT, -1.32% fell 0.7% in premarket trading Tuesday, after the software behemoth said it raised its quarterly dividend by 9.7%, to 68 cents a share from 62 cents a share. The new dividend will be payable Dec. 8 to shareholders of record on Nov. 17. Based on Monday’s stock closing price […]
The Federal Trade Commission has requested additional information and documentary materials from Amazon.com Inc. AMZN, -1.52% and Roomba parent iRobot Corp. IRBT, -0.43% relating to their planned merger, according to a regulatory filing on Tuesday. The companies expect to promptly respond to the request, which will extend the waiting period imposed by the Hart-Scott-Rodino Antitrust […]
Shares of Norwegian Cruise Line Holdings Ltd. NCLH, +0.26% rose 3% in premarket trades Tuesday, as Truist Securities analyst C. Patrick Scholes upgraded the stock to buy from hold and hiked its price target by $1 to $19 a share. With booking volumes and pricing for luxury lines improving, Norwegian Cruise Line is positioned to […]
Apogee Enterprises Inc. APOG, +3.96% reported Tuesday record fiscal second-quarter profit and sales that beat expectations, citing strength in its architectural framing systems and services businesses. For the quarter to Aug. 27, the provider of architectural products and services for enclosing buildings swung to net income of $37.4 million, or $1.68 a share, from a […]
The trading company will pay back the debt, which has fallen almost twice in dollar estimate, by the end of September. 1461 Total views 31 Total shares Quantitative trading company Alameda Research will return an estimate of $200 million to Voyager Digital, which is proceeding through bankruptcy. Alameda borrowed the funds in cryptocurrencies in September 2021. […]