News

Shares of Walgreens Boots Alliance Inc. WBA, -0.86% shed 0.3% toward a near two-year low in midday trading Tuesday, after the drug store services company said it would spend $1.37 billion to buy the remaining 30% stake in specialty pharmacy company Shields Health Solutions that it didn’t already won. Walgreens expects the latest purchase to […]

Shares of Etsy Inc. ETSY, -3.01% slumped 3.2% in morning trading Tuesday, after the BofA Securities analyst Curtis Nagle’s lackluster call on the online crafts marketplace, calling the company an “eclectic, high margin” e-commerce company, but “not at a bargain price.” Nagle initiated Etsy with a neutral rating and stock price target of $120, as […]

Capital markets issuance by U.S. banks fell to $4.65 billion in August, down nearly 28% from year-ago levels and a drop of 64% from July, S&P Global Market Intelligence said Tuesday. Senior debt remained the largest deal type in August with $3.2 billion, down 72% from July’s total of about $12 billion. Issuance of subordinated […]

Nasdaq Inc. NDAQ, -1.61% said Tuesday it’s launching its Nasdaq Digital Assets unit to offer proprietary custody services with liquidity and execution services for financial institutions. Nasdaq named Ira Auerbach as senior vice president and head of digital assets. He has joined Nasdaq from Gemini, where he most recently worked as global head of Gemini […]

Shares of Change Healthcare Inc. CHNG, +6.28% jumped 7.0% in premarket trading on Tuesday, the day after a federal judge ruled in favor of UnitedHealth Group’s UNH, -0.34% acquisition of the company, according to media reports. The Justice Department had tried to block the deal. Change’s stock is up 19.1% this year, while the broader […]

U.S. stocks opened lower Tuesday as the Federal Reserve heads into a two-day policy meeting and Treasury yields continue their climb amid expectations the Fed will announce another large interest rate hike. The Dow Jones Industrial Average DJIA, -1.05% was down 0.8% soon after the opening bell, while the S&P 500 SPX, -0.99% dropped 0.8% […]