Category: Market News
Shares of BJ’s Wholesale Club Holdings Inc. BJ, +0.43% dove 5.2% toward a two-month low in premarket trading Friday, after J.P. Morgan analyst Christopher Horvers swung to bearish from bullish on the membership-based warehouse retailer, following their sizable outperformance the past two years. Horvers cut this rating to underweight from overweight and cut his stock […]
The average number of Americans who are currently in hospitals with COVID-19 set another record, as the highly transmissible omicron variant continued to spread across the country, a day after the Supreme Court struck down a Biden administration vaccine mandate for large companies. There were 148,782 people in hospitals with COVID-19 on Thursday, according to […]
The Dow Jones Industrial Average DJIA, -0.49% is rising 47 points, or 0.1%, to buck the selloff in the broader market, but it be up a lot more if it wasn’t for the blue-chip barometer’s biggest technology components. The biggest drag on the Dow is Microsoft Corp.’s stock MSFT, -4.23%, which is down $8.64, or […]
3M Co. MMM, +0.89% said Thursday that it remains “committed” to making sure that everyone how needs an N95 face mask can get one. The consumer, health care and building products company is the market maker of N95 masks in the U.S., with manufacturing plants in South Dakota and Nebraska. “3M’s N95 respirators are [National […]
Oil declined Thursday, falling back a day after settling at the highest price in two months. Prices fell despite continued weakness in the U.S. dollar, “signaling that the move higher in oil futures over the past month may have once again gotten too far ahead of the physical market reality,” said Troy Vincent, senior market […]
Stocks end lower as tech rebound loses steam; Nasdaq slumps 2.5% – MarketWatch Skip to main content Latest Watchlist Markets Investing Personal Finance Economy Retirement How to Invest Video Center Live Events MarketWatch Picks Published: Jan. 13, 2022 at 4:04 p.m. ET Stocks fell Thursday as a bounce by tech stocks ran out of steam, […]
Boston Beer Co. SAM, +0.82% shares fell in the extended session Thursday after the beer maker slashed its earnings guidance in light of higher-than-expected supply-chain costs and reduced wholesaler inventories. Boston Beer shares fell 7% after hours, following a 0.8% gain in the regular session to close at $488.98. In a filing with the Securities […]
Bausch & Lomb Corp. has filed for an initial public offering, according to a filing late Thursday. The Bausch Health Cos. Inc. BHC, -2.16% subsidiary seeks to sell up to $100 million worth of shares, although that’s often a placeholder amount used to calculate filing fees. Bausch Health said in August 2020 it planned to […]
The U.S. Supreme Court on Thursday blocked President Joe Biden’s COVID vaccine-or-test mandate for large U.S. businesses, but allowed a mandate for most health-care workers to be in effect. Biden had sought to require employers with 100 or more employees to require that workers are fully vaccinated against COVID-19 or test negative on a weekly […]
Shares of Mattel Inc. MAT, +3.87% jumped 3.2% in midday trading Thursday, after the toy maker was upgraded at MKM Partners, citing an “underappreciated” 2022 product lineup and capital structure optionality. Analyst Eric Handler raised his rating to buy, after being at neutral for at least the past three years, and raised his price target […]
