Tag: brokerswatch

Yeti Holdings Inc. YETI, -6.55% said Friday that Chief Financial Officer Paul Carbone is resigning effective Oct. 28, to pursue a business opportunity that will allow him to be closer to family in Boston. The provider of outdoor products such as coolers and drinkware and backpacks has commenced a search for a replacement. Shares were […]

Banking analyst Dick Bove of Odeon Capital said in a research note Friday that this week’s Capitol Hill hearings between bank CEOs and members of Congress revealed more topics of interest from Democrats than Republicans. “As might be expected, the Democrats had meaningful differences in interest from the Republicans,” Bove said. Democrat issues with banks […]

The Dow Jones Industrial Average DJIA, -0.35% is in danger of a fourth-straight selloff Friday, and is on track to break below the June closing low, as all of the index’s stocks trading in the premarket losing ground. The biggest loser is Chevron Corp.’s stock CVX, -0.08%, which slid 2.4% as crude oil futures CL00, […]

U.S. health officials say 4.4 million Americans have received the updated COVID-19 booster shot, the Associated Press reported. The Centers for Disease Control and Prevention posted the count Thursday as public health experts bemoaned President Joe Biden’s recent remark that “the pandemic is over.” The White House said more than 5 million people received the […]

Shares of Boeing Co. BA, -3.20% edged higher in the extended session Thursday after The Wall Street Journal reported that the aerospace and defense company was seen “poised” to settle a U.S. Securities and Exchange Commission’s investigation into its 737 Max crashes a few years back. The settlement pertains to “allegedly misleading statements” from the […]

DocuSign DOCU, -1.10% on Thursday said its board hired Allan Thygesen as its new chief executive. The electronic-signature platform said Thygesen would take the helm and assume a role on its board of directors on Oct. 10. He will replace Mary Agnes “Maggie” Wilderotter as CEO. Wilderotter will stay on as chairman of DocuSign’s board. […]

U.S. stocks ended lower Thursday, adding to sharp declines suffered the previous session after the Federal Reserve delivered a 75 basis point rate hike and signaled significant further tightening ahead. A number of other major central banks, including the Swiss National Bank and the Bank of England, delivered rate hikes on Thursday as investors fret […]

Mesa Airlines MESA, -0.52% said Thursday it has purchased 29 Pipistrel Alpha Trainer 2 aircraft, along with an option to acquire up to 75 more in the next year. The new fleet will be used to offer pilots an accelerated path to chalking up the 1,500 flight hours required to fly a commercial aircraft and […]

Treasury Secretary Janet Yellen on Thursday said she believes high U.S. inflation will come down “certainly next year,” but noted risks to the outlook including the ongoing Russian war in Ukraine. Speaking at an event sponsored by the Atlantic, Yellen said the Federal Reserve is “clearly committed to bringing inflation down.” The Fed on Wednesday […]

Oil futures climbed on Thursday to recoup much of the losses seen a day earlier, as Russia’s decision to partially mobilize reservists amid its war on Ukraine raised worries about global oil supplies. “Crude prices remain volatile as energy traders grapple with a deteriorating demand outlook that is still vulnerable to shortages,” said Edward Moya, […]