Latest Market News

Sep 30
Spain’s largest telecom brand dives deep into Web3

Telecom company Telefónica enabled payments with Bitcoin, Ether and other crypto for its online marketplace Tu. 983 Total views 22 Total shares With crypto adoption moving forward in various parts of the world, Spain continues to encounter major developments in its local blockchain space as its largest telecom services provider dives deeper into Web3 technologies.  […]

Sep 30
Honeywell raises dividend, to boost yield above 2.4%

Shares of Honeywell International Inc. HON, +0.32% edged up 0.1% in morning trading Friday, after the aerospace, control technologies for building and performance materials company raised its dividend by 5.1%. The new quarterly dividend of $1.03 a share, up from 98 cents, will be payable Dec. 2 to shareholders of record on Nov. 11. At […]

Sep 30
FDA names first internal cannabis adviser

The U.S. Food and Drug Administration has hired the former director of cannabis programs for New York State Norman Birenbaum as its first senior public health adviser on cannabis research and regulation efforts, according to an internal memo from earlier this week provided to MarketWatch by an FDA spokesperson. “With his expertise in policy analysis […]

Sep 30
Altria ends non-compete agreement with troubled vaping company Juul Labs

Altria Group Inc. MO, -0.72% said Friday it has exercised an option to be released from non-competition obligations relating to its stake in Juul Labs Inc. In a regulatory filing, the tobacco company said the option included the right to terminate should the carrying value of its investment in Juul be not more than 10% […]

Sep 30
DuPont’s $5 bln acquisition of Rogers isn’t going to close on time amid regulatory talks with China

DuPont de Nemours Inc. DD, -0.48% and Rogers Corp. ROG, +0.09% said their pending merger will not close as expected by the end of the third quarter of 2022 pending ongoing talks with Chinese regulators. The parties continue to hold cooperative discussions…with the aim of securing regulatory approval of the planned merger,” DuPont said. DuPont […]

Sep 30
Under Armour, Lululemon stocks fall in wake of Nike’s disappointing earnings report

Shares of Under Armour Inc. UA, -10.92% UAA, -11.80% slumped 2.6% in premarket trading Friday, despite a rally in the broader stock market, as the athletic apparel and gear maker suffered collateral damage from rival Nike Inc.’s NKE, -13.25% a disappointing earnings report. Also getting hit, yoga apparel and gear maker Lululemon Athletica Inc.’s stock […]