Latest Market News
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 […]
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 […]
The FTX owner’s advisor unsuccessfully inquired Elon Musk about joining the acquisition deal. 860 Total views 11 Total shares Not only Elon Musk thought of buying Twitter — crypto billionaire and CEO of FTX exchange Sam Bankman-Fried “was interested” in acquiring the social network back in March 2022, according to a report from Business Insider. […]
Shares of Ballard Power Systems Inc. BLDP, -1.38% rallied 1.0% in premarket trading Friday, after the fuel cell company announced plans to invest $130 million in a manufacturing facility in China. The company said it has entered into an agreement with the Government of Anting in Shanghai’s Jiading District to establish a new China headquarter, […]
Shares of Nike Inc. NKE, -3.41% sank 9.3% in premarket trading Friday, putting them on track to open at the lowest price seen in more than two years, after the athletic apparel and accessories giant warned that it will have to cut prices to clear excess inventory, hurting profit margins. The stock was the only […]
Taiwan is the latest country to end mandatory COVID quarantines for people arriving from overseas beginning Oct. 13, the Associated Press reported. Officials said that the previous weeklong requirement will be replaced with a seven-day self-monitoring period. A rapid antigen test will still be required upon arrival, but those showing no symptoms will be allowed […]