Category: Stock Market

The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) and Financial Crimes Enforcement Network (FinCEN) on Tuesday announced a $24.3 million settlement and $29.3 million settlement with Bittrex Inc., a company based in Bellevue, Wash., that provides a virtual currency exchange and hosted wallet services. OFAC said Bittrex has agreed to pay $24.3 million […]

Bank of New York Mellon Corp. BK, -1.30% on Tuesday announced the launch of its digital asset custody platform for institutional customers as part of its “commitment to support client demand for a trusted provider of both traditional and digital asset servicing.” The kickoff comes after it formed its digital assets unit in 2021 to […]

Shares of Amgen Inc. AMGN, +6.13% leapt 5.2% in morning trading Tuesday, enough to pace the Dow Jones Industrial Average’s DJIA, +0.65% gainers, after Morgan Stanley turned bullish on the biotechnology company. Amgen’s stock price gain of $12.04 was adding about 79 points to the Dow’s price, while the Dow fell 109 points, or 0.4%. […]

Shares of Dice Therapeutics Inc. DICE, +67.34% soared 88.8% in premarket trading on Tuesday after the company shared promising Phase 1 data for its experimental psoriasis treatment. Dice said the investigational oral therapy was well-tolerated and showed a mean percentage reduction in the Psoriasis Area and Severity Index. “We look forward to advancing DC-806 into […]

Brooklyn ImmunoTherapeutics Inc. BTX, +3.69% said Tuesday it’ll change its stock trading ticker to ERNA on Monday, Oct. 17, as part of a name change to Eterna Therapeutics Inc. The San Diego-based clinical stage biopharmaceutical company said the new name reflects its focus on developing advanced therapies using its patented mRNA cell engineering technologies. Shares […]

U.S. stocks opened lower on Tuesday, raising the possibility of a fifth day in the red as the Nasdaq and S&P 500 traded near their lowest intraday levels in more than two years. The S&P 500 SPX, -0.78% fell 17 points, or 0.5%, to 3,595. The Nasdaq Composite COMP, -1.03% retreated 51 points, or 0.5%, […]

Bassett Furniture Industries Inc. BSET, +10.78% rallied 15% in early trades Tuesday after CSC Generation Holdings Inc. offered to buy the company for $21 a share. CSC Generation said it’s making the offer public because the company “has been unwilling to engage with us in any meaningful way.” The per-share bid implies a market capitalization […]

Shares of Albireo Pharma Inc. ALBO, +11.28% gained 10.4% in premarket trading on Tuesday after the company said it is seeking Food and Drug Administration approval to use its medication Bylvay as a treatment for Alagille syndrome, a rare inherited disorder that can result in liver damage. Albireo said a Phase 3 clinical trial evaluating […]

Shares of Tanger Factory Outlet Centers Inc. SKT, +0.40% rose 0.6% in premarket trading Tuesday, after the operator of open-air outlet centers said it will raised its quarterly dividend by 10%, to 22cents a share from 20 cents a share. Shareholders of record on Oct. 31 will be paid the dividend on Nov. 15. Based […]

Joby Aviation Inc. JOBY, +7.01% shares rallied 16% in premarket trades Tuesday after the air taxi developer said it received a $60 million upfront equity investment from Delta Air Lines Inc. DAL, -1.21% to operate all-electric, vertical take-off and landing aircraft for customers initially in New York and Los Angeles. Delta will make a total […]