Tag: brokerswatch

Dick’s Sporting Goods Inc. DKS, -0.77% said Monday it plans to hire up to 9,000 seasonal associates for the 2022 holiday season. In 2021, the company said it would hire up to 10,000 people for the holidays, up 1,000 from 2020. Shares of Dick’s Sporting Goods are down 0.4% in premarket trades.

Shares of Micron Technology Inc. MU, -0.80% edged up 0.1% in premarket trading, after Wedbush analyst Matt Bryson cut his price target by 24%, but remained bullish, saying the semiconductor company appears to be “better positioned” even as adversity grows. Bryson said chip-market conditions have worsened since Micron warned in early August of a revenue […]

Marsh & McLennan Cos. MMC, +0.07% on Monday said John Q. Doyle, 58, will become chief executive officer of the risk advisory and insurance giant on Jan. 1. Doyle has been group president and chief operating officer of Marsh & McLennan since January. From 2017 to 2021, he worked as president and CEO of the […]

Dollar Tree Inc. DLTR, +1.41% on Monday named Michael Creedon as its new chief operating officer, coming to the job from Advance Auto Parts Inc. AAP, -2.20%, where he served in a number of roles. Creedon joined Advance Auto in 2013 and was executive vice president for U.S. stores since March of 2021. Before that, […]

Shares of PG&E Corp. PCG, -2.70% jumped 4.2% in premarket trading Monday, after the California-based utility was added to the S&P 500 index SPX, -1.72%, a little more than two years after emerging from bankruptcy. Late Friday, S&P Dow Jones Indices said PG&E would replace Citrix Systems Inc. CTXS, -0.06% in the benchmark index, as […]

Canadian energy company Hammerhead Resources Inc. is going public via a merger with Decarbonization Plus Acquisition Corporation IV DCRD, in a deal valued at about C$1.39 billion ($1.02 billion), the companies said in a joint statement. Once the deal closes, the combined company is expected to list on Nasdaq under the new ticker “HHRS.” The […]

Share of casino operators rallied in premarket trading Monday, to buck the selloff in the broader stock market, as investors cheered news that Macau looks set to ease COVID-19 restrictions sooner than expected. Shares of Las Vegas Sands Corp. LVS, +0.51% jumped 7.2%, Wynn Resorts Ltd. WYNN, -0.90% climbed 5.8%, MGM Resorts International MGM, -1.83% […]

Pfizer Inc. PFE, -1.10% and German partner BioNTech SE BNTX, -1.27% said Monday they have submitted an application to the U.S. Food and Drug Administration seeking an emergency use authorization for their bivalent vaccine booster for use in children aged 5 to 11 years of age. The application is for a 10-ug booster dose of […]

Stocks ended with sharp declines, but off session lows, with the Dow Jones Industrial Average averting a bear market as it posted its lowest close of 2022. Equities fell sharply as government bond yields soared following the Federal Reserve’s rate increase and tightening by other central banks and as the U.S. dollar soared versus major […]

U.S. stocks are tumbling in the final hour of trading, with all 11 sectors of the S&P 500 selling off sharply as the index trades around its 2022 closing low that it hit in June. The energy sector is hardest hit with a loss of around 7% amid a drop in oil prices, according to […]