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In a brief statement, U.K. Prime Minister Liz Truss announced her resignation. Truss said she cannot deliver on the mandate she won in the Conservative election, and said a new leadership election will be held in a week. Betting markets suggest that Rishi Sunak, the former chancellor, may succeed her. The pound was stronger on […]
Nucor Corp NUE, -2.24% shares fell 4.8% in premarket trades after the steel company missed its third-quarter earnings target and said it’s facing more economic headwinds. Third-quarter earnings fell to $1.7 billion, or $6.50 a share, from $2.13 billion, or $7.28 a share in the year-ago quarter. Revenue increased to $10.5 billion from $10.31 billion, […]
Shares of Talaris Therapeutics Inc. TALS, -37.81% tumbled 21.5% in premarket trading on Thursday after the company reported one of the participants in its Phase 3 study of living donor kidney transplant recipients died. The patient had been diagnosed with a moderate form of acute graft-vs-host disease. The trial’s oversight committee has said enrollment and […]
Shares of Union Pacific Corp. UNP, -4.05% dropped 5.0% toward a near two-year low in premarket trading Thursday, after the railroad operator reported third-quarter profit and revenue that beat expectations, due to increased pricing and fuel surcharges, but cut its outlook for carload growth and stock repurchases. Net income rose to $1.90 billion, or $3.05 […]
Shares of ManpowerGroup Inc. MAN, +4.54% jumped 3.8% in premarket trading Thursday, after the staffing services company reported third-quarter profit that beat expectations even as revenue fell a bit short, as demand for labor remained “solid.” Net income rose to $111.3 million, or $2.13 a share, from $97.7 million, or $1.77 a share, in the […]
Shares of Dick’s Sporting Goods Inc. DKS, +0.77% hiked up 2.4% in premarket trading Thursday, after Oppenheimer analyst Brian Nagel turned bullish on the sporting goods and athleisure apparel retailer, saying he believes the company will keep capitalizing on “positive, post-pandemic shifts in consumer demand.” Nagel raised his rating to outperform, after being at perform […]