Latest Market News
Nautilus Inc. NLS, -7.26% is recalling about 7,300 treadmills, as they can start on their own, posing a fall hazard. Shares of the exercise equipment maker fell 1.3% in morning trading. The T616 and T618 treadmills being recalled was made in China and sold at Best Buy Co. Inc. BBY, -3.11%, Walmart Inc. WMT, +0.56% […]
Shares of NXP Semiconductor NV NXPI, -3.07% are up 8.7% in Thursday morning trading on heavy volume. The stock is on track for its largest single-day percentage gain since it rose 9.0% on March 15, 2021. Within the first hour of trading, NXP saw volume of more than 3.3 million shares, already above its average […]
The U.S. listed-shares of Ericsson ERIC, -5.88% slid 0.9% in afternoon trading Thursday, after the Sweden-based telecommunications equipment company said the regulatory investigation into its conduct in Iraq now includes the U.S. Securities and Exchange Commission. The company had previously disclosed that the U.S. Department of Justice was investigating its conduct in Iraq during the […]
Gold futures slipped on Thursday to end lower, after the European Central Bank outlined plans to raise interest rates in the region for the first time since 2011, in a bid to tame soaring European inflation. Gold for August delivery GCQ22, -0.02% GC00, -0.02% shed 0.2%, or $3.70, to settle at $1,852.80 an ounce on […]
Coty Inc. COTY, +1.15% said Friday it plans to “gradually” resume shareholder returns, as the fragrance and cosmetics company has made “substantial” progress in reducing debt and as its operational performance has strengthened. The company is entering into agreements with several banks to start hedging for a $200 million share buyback program that it plans […]
ASX Sinks 4%Another week comes to a close and we’re getting closer and closer to crossing over into H2. Markets have seen plenty of noteworthy action once again this week and it’s been a tricky one for FX traders. The week started out with decent risk appetite, seeing JPY firmly weaker while a shift into […]