Category: Market News
Shares of Exscientia EXAI, +10.28% jumped 14.3% in premarket trading on Friday after it announced a deal with Sanofi SNY, +1.19% to develop up to 15 new oncology and immunology drug candidates using Exscientia’s artificial intelligence platform. Sanofi’s stock was up 0.8%. As part of the agreement, Sanofi will pay Exscientia an upfront payment of […]
The numbers: The U.S. created a lackluster 199,000 new jobs in December, signaling that persistent labor shortages and another major coronavirus outbreak are holding back the economy. The increase in employment was well below Wall Street’s expectations. Economists polled by The Wall Street Journal had forecast 422,000 new jobs. The U.S. jobless rate, meanwhile, slipped to […]
Willis Towers Watson WLTW, -1.19% said it will change its Nasdaq stock ticker symbol to “WTW” at the open of market trading on Monday, Jan. 10. No action is required from Willis Towers Watson shareholders, the company said on Friday. Willis Towers Watson CEO Carl Hess said the change, “is just one of the ways […]
Shares of Absci Corp. ABSI, +17.10% skyrocketed 59.1% on heavy volume in premarket trading Friday, after the biotechnology company said it could be eligible to receive up to $610 million in upfront fees and milestone payments from Merck & Co. Inc. MRK, +1.86% as part of a research collaboration agreement. Trading volume ballooned to 9.7 […]
Papa John’s International Inc. PZZA, +1.39% said early Friday that it has signed a franchisee development agreement with Asian private-equity firm Fountainvest Partners to open more than 1,350 locations in South China by 2040. This is the biggest franchisee deal in Papa John’s history. Fountainvest has also purchased a majority stake in another Papa John’s […]
Boot Barn Holdings Inc. BOOT, +0.59% shares rose 3% in Friday premarket trading after the retailer pre-announced fiscal third-quarter results, delivering numbers that beat Street expectations. Boot Barn expects sales of $485.9 million, up from $302.3 million last year and ahead of the FactSet consensus for $452.7 million. Earnings per share are expected to be […]
U.S. investment bankers are expected to earn larger bonuses at Wall Street firms such as Goldman Sachs Group Inc. GS, +0.15%, Bank of America Corp. BAC, +2.18%, Morgan Stanley C, +1.34%, JPMorgan Chase & Co. JPM, +0.99%, Citigroup Inc. C, +1.34% and Wells Fargo & Co. WFC, +2.13%, according to a report Friday by efinancialcareers.com. […]
Kanye West partners with Balenciaga for Gap Yeezy collection – MarketWatch Skip to main content Latest Watchlist Markets Investing Personal Finance Economy Retirement How to Invest Video Center Live Events MarketWatch Picks Published: Jan. 7, 2022 at 9:29 a.m. ET Kanye West, now known as Ye, has partnered with luxury label Balenciaga on a Yeezy […]
The Food and Drug Administration said Friday that adults who have been vaccinated with Moderna Inc.’s MRNA, -1.02% COVID-19 vaccine can get a booster dose five months after completing the primary series of shots. The previous recommendation was to wait six months. Moderna’s stock was down 0.2% in trading on Friday. The suggested window between […]
Shares of cruise operators rallied Friday, to buck the broad-market selloff, after Stifel Nicolaus analyst Steven Wieczynski pounded the table on the group, saying 2022 was going to be known as the “Year of the Cruise!” Shares of Royal Caribbean Group RCL, +3.98%, which Wieczynski said was his “top idea for 2022,” climbed 3.6%; Carnival […]
