Category: Market News
Shares of Norwegian Cruise Line Holdings Ltd. NCLH, -16.28% dove 12.3% in morning trading Friday, and were the second-worst performer in the S&P 500 SPX, -0.36%, in the wake of rival cruise operator Carnival Corp.’s CCL, -20.67% disappointing fiscal third-quarter results. Carnival’s stock was the S&P 500’s worst performer, tumbling 17.9% toward a 30-year low, […]
Shares of Honeywell International Inc. HON, +0.32% edged up 0.1% in morning trading Friday, after the aerospace, control technologies for building and performance materials company raised its dividend by 5.1%. The new quarterly dividend of $1.03 a share, up from 98 cents, will be payable Dec. 2 to shareholders of record on Nov. 11. At […]
Shares of Ballard Power Systems Inc. BLDP, -1.38% rallied 1.0% in premarket trading Friday, after the fuel cell company announced plans to invest $130 million in a manufacturing facility in China. The company said it has entered into an agreement with the Government of Anting in Shanghai’s Jiading District to establish a new China headquarter, […]
Micron Technology Inc. shares MU, -1.94% perked up in premarket trade Friday, after news that Japan will give the company a subsidy of up to 46.5 billion yen ($320 million) to make advanced memory chips at its Hiroshima plant. The news was announced by Japan’s industry ministry, Reuters reported. It comes after a visit to […]
Blue Apron Holdings Inc. APRN, -10.47% announced Thursday afternoon that Chief Financial Officer Randy Greben would be stepping down to take on a position with another company. He plans to leave the Blue Apron role Oct. 17. Mitchell Cohen will take on the position of interim chief financial officer at the meal-kit company when Greben […]
The Securities and Exchange Commission charged Barclays PLC for the sale of $17.7 billion in unregistered securities, the regulator said Thursday. “This case highlights why it is essential for firms like Barclays BCS, -2.70% to have robust internal controls over their offers and sales of securities,” said Gurbir S. Grewal, director of the SEC’s Division […]
William Watts is MarketWatch’s senior markets writer. Based in New York, Watts writes about stocks, bonds, currencies and commodities, including oil. He also writes about global macro issues and trading strategies. Before moving to New York, he reported for MarketWatch from Frankfurt, London and Washington, D.C. Source: Marketwatch
Canadian cannabis company High Tide Inc. HITI, -4.26% HITI, -3.66% said Thursday it agreed to pay C$5.3 million ($3.88 million) to acquire two retail stores in British Columbia from seller 1171882 B.C. Ltd., operating as Jimmy’s Cannabis Shop BC. The stores, one in Cranbrook and the other in Prince George, generated C$5.4 million in annualized […]
Berkshire Hathaway’s BRK.A, -1.02% General Re, Lloyds of London, Munich Re, Swiss Re AG, and Allianz Group ALV, -0.90% lead the list of top reinsurers of Florida-only property insurers in assumed premiums, Moody’s said Thursday in a research note. Property and casualty insurers such as Universal P&C, Citizens Property Insurance Corp., First Protective and American […]
Dick’s Sporting Goods Inc. DKS, -0.26% announced Thursday a partnership Peloton Interactive Inc. PTON, -8.01%, in which the sporting goods retailer will roll out Peloton-branded fitness shops inside more than 100 of its U.S. stores. The rollout is scheduled to begin early in the holiday season. Peloton’s stock rose 0.7% in premarket trading while Dick’s […]
