Category: Stock Market
Target Corp. TGT, +1.79% said it has expanded its Apple at Target in-store locations to 150 of the retail giant’s current locations across the U.S. to sell products from Apple Inc. AAPL, -1.56%. Members of Target Circle, the retailer’s free loyalty program, are being offered a four-month free trial of Apple Fitness+ with no purchase […]
Alaska Airlines Group Inc. ALK, +0.44% said Wednesday that it is buying 52 Boeing 737 MAX jets through the exercising of options, representing the air carrier’s largest commitment for future aircraft in its history. Financial terms of the order were not disclosed. The purchases, which are for delivery between 2024 and 2027, will increase Alaska […]
General Atlantic LLC said Wednesday it will create a new business unit called General Atlantic Credit by paying an undisclosed sum to acquire Iron Park Capital Partners LP, a global investment manager that specializes in the public and private credit markets. Iron Park CEO and founder Tripp Smith will be CEO of GA Credit. The […]
An earlier version of this report had a typo in the net income number for the third quarter of 2021. It has been corrected. Kraft Heinz Co. shares KHC, -0.19% soared 3.9% in premarket trade Wednesday, after the food company blew past earnings estimates for the third quarter. The company posted net income of $432 […]
Turning Point Brands Inc. TPB, +8.73% said Wednesday its third-quarter earnings fell to $11.54 million, or 60 cents a share, from $13.47 million, or 65 cents a share, in the year-ago quarter. Breaking out one-time items, Turning Point Brands earned 72 cents a share. Net sales fell 1.9% to $107.8 million. Combined net sales for […]
Stocks rallied sharply on Tuesday, finding support as investors weighed a stream of earnings and a retreat in Treasury yields. The Dow Jones Industrial Average DJIA, +1.07% rose nearly 340 points, or 1.1%, to close near 31,837, according to preliminary figures, while the S&P 500 SPX, +1.63% advanced around 62 points, or 1.6%, to finish […]
Bitcoin BTCUSD, -0.18% is trading above $20,000 Tuesday to the highest level since Oct. 6, amid renewed hopes among investors that the Federal Reserve may slow the pace of its aggressive rate hikes by year-end. Bitcoin went up 5% Tuesday while Ether ETHUSD, -0.07% rallied 11% to around $1,500, the loftiest level since Sept. 15, […]
An earthquake with a preliminary magnitude of 5.1 was felt throughout the San Francisco Bay Area on Tuesday, around 11: 42 a.m. Pacific time. The United States Geological Survey reported the 5.1 magnitude quake, as well as an aftershock that registered roughly 3.1 on the Richter scale about 5 minutes later, and said that it […]
President Joe Biden on Tuesday warned Russia that use of a tactical nuclear weapon would be “an incredibly serious mistake.” The president was speaking after getting an updated COVID booster at the White House. Biden was asked by reporters about possible use by Russia of nuclear weapons. Earlier this month, Biden warned that the risk […]
Spanish clothing retailer Inditex, parent to Zara, said Tuesday it has reached an agreement to sell its Russia business to Daher Group. The move comes after it halted operations in Russia on March 5 in protest at that country’s unprovoked invasion of neighboring Ukraine. “The terms of the transaction, subject to government approval, will enable […]