News

Wells Fargo & Co. WFC, +0.96% and the U.S. Dept. of Labor said Monday the bank agreed to pay $145 million in connection with an investigation into whether the bank’s 401(k) plan overpaid for shares of Wells Fargo preferred stock. The bank agreed to pay $131.8 million to retirement plan participants, plus a penalty of […]

U.S. stocks opened higher Monday, extending last week’s bounce as investors look ahead to inflation data that will be released Tuesday morning. The Dow Jones Industrial Average DJIA, +0.95% rose 0.4% soon after the opening bell, while the S&P 500 SPX, +1.06% gained 0.6% and the Nasdaq Composite COMP, +0.99% advanced 0.5%, according to FactSet […]

Shares of Gilead Sciences Inc. GILD, +4.91% were up 5.2% in premarket trading on Monday after the company said in a securities filing that it settled a patent case that extends the exclusivity of its HIV franchise. The drug cited in the case is tenofovir alafenamide, which is included in the formulation of several Gilead […]

Yum Brands Inc. YUM, +1.86% said Monday its board has approved a share buyback program of up to $2 billion to be valid through June 30 of 2024. The operator of KFC, Taco Bell and Pizza Hut restaurants, said the authorization will take effect once its current program has been exhausted. The company still has […]

Target Corp. TGT, +0.69% said Monday it has entered a multiyear agreement with toy maker FAO Schwarz that will allow it to exclusively feature FAO’s toys at its stores, on Target.com and at FAO store locations starting in October. The company said all of its toy departments will have dedicated space for FAO Schwarz, and […]

On Monday, the BTC grew to 21,716 USD. This is good news, because previously there was little chance that digital assets would be able to recover after sales and a lengthy flat. So, an important local resistance area in the BTC is now at 21,900-22,000 USD. The next spto is 22,500 USD. The market will […]