Latest Market News
Shares of Bed Bath & Beyond Inc. BBBY, -3.11% dropped 4.4% in premarket trading Friday, after the home-goods retailer said it filed for the sale of an additional $150 million worth of shares, as part of an at-the-market (ATM) offering program initially launched at the end of August. The $150 million addition to the ATM […]
Shares of AbbVie Inc. ABBV, -5.26% fell 2.9% in premarket trading on Friday after the company trimmed guidance for adjusted earnings per share for the year. AbbVie had earnings of $3.9 billion, or $2.21 per share, in the third quarter of 2022, compared with $3.2 billion, or $1.78 per share, in the same quarter a […]
Bloomin’ Brands Inc. stock BLMN, +2.06% rose 2.5% in premarket trade Friday, after the Outback Steakhouse parent posted better-than-expected earnings for the third quarter and raised its full-year revenue guidance. Tampa, Fla.-based Bloomin’, which also operates Carrabba’s Italian Grill, Bonefish Grill and Fleming’s Prime Steakhouse and Wine Bar, posted net income of $31.986 million, or […]
The plunge in Amazon.com Inc.’s stock AMZN, -9.31% following a disappointing third-quarter earnings report and outlook puts the ecommerce giant on track to lose its place as a trillion-dollar company for the first time in 2 1/2 years. The stock dropped 12.0% in premarket trading, and is heading for the first trade below the $100 […]
Paul Pelosi, the husband of House Speaker Nancy Pelosi, was “violently assaulted” early Friday following a break-in at the couple’s residence in San Francisco, the speaker’s office said. “Mr. Pelosi was taken to the hospital, where he is receiving excellent medical care and is expected to make a full recovery,” said Speaker Pelosi’s spokesman Drew […]
Twitter shareholders would receive $54.2 per share on their holdings as part of the deal, but Musk has said earlier that he might take the company public again in 3-5 years. 924 Total views 22 Total shares Social media giant Twitter was officially acquired by Elon Musk on Oct. 27 in a deal that saw […]