News
Voters in Arkansas will cast ballots in a statewide referendum on Nov. 8 on whether to allow adult-use cannabis sales, while a separate adult-use referendum planned for Oklahoma has fizzled, Benchmark analyst Mick Hickey noted Monday in his weekly cannabis chronicles. Last week, the Arkansas Supreme Court OK’d a request by Responsible Growth Arkansas to […]
Dollar Tree Inc. DLTR, +1.41% on Monday named Michael Creedon as its new chief operating officer, coming to the job from Advance Auto Parts Inc. AAP, -2.20%, where he served in a number of roles. Creedon joined Advance Auto in 2013 and was executive vice president for U.S. stores since March of 2021. Before that, […]
Shares of PG&E Corp. PCG, -2.70% jumped 4.2% in premarket trading Monday, after the California-based utility was added to the S&P 500 index SPX, -1.72%, a little more than two years after emerging from bankruptcy. Late Friday, S&P Dow Jones Indices said PG&E would replace Citrix Systems Inc. CTXS, -0.06% in the benchmark index, as […]
Canadian energy company Hammerhead Resources Inc. is going public via a merger with Decarbonization Plus Acquisition Corporation IV DCRD, in a deal valued at about C$1.39 billion ($1.02 billion), the companies said in a joint statement. Once the deal closes, the combined company is expected to list on Nasdaq under the new ticker “HHRS.” The […]
Share of casino operators rallied in premarket trading Monday, to buck the selloff in the broader stock market, as investors cheered news that Macau looks set to ease COVID-19 restrictions sooner than expected. Shares of Las Vegas Sands Corp. LVS, +0.51% jumped 7.2%, Wynn Resorts Ltd. WYNN, -0.90% climbed 5.8%, MGM Resorts International MGM, -1.83% […]
Pfizer Inc. PFE, -1.10% and German partner BioNTech SE BNTX, -1.27% said Monday they have submitted an application to the U.S. Food and Drug Administration seeking an emergency use authorization for their bivalent vaccine booster for use in children aged 5 to 11 years of age. The application is for a 10-ug booster dose of […]