Tag: brokerswatch
Some 16 million Americans of working age have long-term COVID and about 2 to 4 million are not working as they struggle with their symptoms, according to a new report from the Brookings Institution. Using data gathered by the Census Bureau in June, the report found the annual cost of lost wages is equal to […]
Bed Bath & Beyond Inc. BBBY, -2.51% said Thursday afternoon that it plans to hold a conference call Aug. 31 at 8: 15 a.m. Eastern to offer a “business and strategic update.” Bed Bath & Beyond has seen growing interest in recent weeks as meme-stock investors have shown a clamoring for the name. “We recognize […]
Ulta Beauty Inc.’s stock ULTA, +1.75% rose 3% in extended trading Thursday after the chain of beauty stores reported fiscal second-quarter revenue that exceeded Wall Street analysts’ forecasts. Ulta Beauty reported net income of $295.7 million, or $5.70 a share, compared with net income of $250.9 million, or $4.56 share, in the year-ago quarter. Adjusted […]
Lam Research Corp. LRCX, +3.28% said late Thursday its board of directors has approved 22.5 cent, or 15%, increase in the company’s dividend, to $1.725 a share from $1.50 a share. The increase “is consistent with the intent for disciplined annual dividend growth,” Lam Research said. The dividend will be paid Oct. 5 to shareholders […]
President Joe Biden plans to travel on Sept. 9 to Licking County, Ohio, to deliver remarks about the CHIPS and Science Act and 2021’s bipartisan infrastructure law during a groundbreaking ceremony for a new Intel semiconductor manufacturing facility, according to the White House. Intel INTC, +3.04% in June delayed the groundbreaking ceremony for the plant, […]
Oil futures on Thursday posted their first loss in three sessions. Saudi Arabia has suggested that OPEC could decide to cut production if an Iranian nuclear deal is reached, as an agreement would lift Western sanctions and ultimately see additional oil barrels come onto the global market, said Tyler Richey, co-editor at Sevens Report Research. […]
Hospitalizations for cannabis poisoning of children zero to nine years old in Canada increased after adult use cannabis sales began in late 2018 and again after 2020 when edible cannabis products became legal in every province except Quebec, according to a study published Wednesday by the New England Journal of Medicine. During the roughly seven-year […]
Shares of Plug Power Inc. PLUG, +7.85% rose 6% in morning trading Thursday after the hydrogen fuel-cell company announced a deal to supply Amazon.com Inc. AMZN, +1.86% to provide liquid hydrogen to the retail giant starting in 2025. Plug Power and Amazon have had deals in place related to fuel cells used in forklifts at […]
U.S.-listed shares of Chinese companies were heading sharply higher in Thursday morning trading after The Wall Street Journal reported that officials from the U.S. and China were near an agreement that would let U.S. accounting regulators go to Hong Kong in order to inspect the financial audit records of Chinese companies whose shares are listed […]
The U.S. Energy Information Administration reported on Thursday that domestic natural-gas supplies rose by 60 billion cubic feet for the week ended Aug. 12. That compared to an average forecast for an increase of 51 billion cubic feet from analysts polled by S&P Global Commodity Insights. Total working gas stocks in storage stand at 2.579 […]