Tag: Marketwatch

Shares of Kohl’s Corp. KSS, +2.44% fell more than 10% in the extended session Thursday after the New York Post reported that the retailerpushed back this week’s deadline for bids after several potential buyers abandoned the idea, then reversed to gains of more than 6% after a conflicting report from The Wall Street Journal. The […]

Shares of Kohl’s Corp. KSS, +2.44% fell more than 10% in the extended session Thursday after the New York Post reported that the retailerpushed back this week’s deadline for bids after several potential buyers abandoned the idea. The report cited “multiple sources” familiar with the matter. Kohl’s two weeks ago reported a wide profit miss […]

Children under five years old could begin to receive vaccinations against COVID-19 as early as June 21, a top Biden administration official said Thursday. Dr. Ashish Jha, the White House’s COVID response coordinator, told reporters at a briefing: “We expect that vaccinations will begin in earnest as early as Tuesday, June 21, and really roll […]

President Joe Biden on Thursday night will give a televised address on “the need for Congress to act to pass commonsense laws to combat the epidemic of gun violence that is taking lives every day,” the White House said. The president is scheduled to speak from the White House at 7:30 p.m. Eastern. His speech […]

Goldman Sachs Group Inc. GS, +0.42% COO John Waldron on Thursday characterized the U.S. economic environment as possibly the most complex, dynamic environment he’s seen in his career, according to a transcript of his comments at the Bernstein Strategic Decisions Conference. “I’m not going to use any weather analogies,” Waldron said, in refence to remarks […]

U.S. stock benchmarks were trading down Thursday morning, after Microsoft Corp. lowered its profit guidance for its fiscal fourth quarter. The Dow Jones Industrial Average DJIA, -0.44% was down 0.3%, the S&P 500 SPX, -0.29% fell 0.2% and the Nasdaq Composite COMP, +0.08% slipped 0.1%, according to FactSet data, at last check. All three major […]

Shares of Immatics IMTX, +3.85% gained 9.0% in premarket trading on Thursday after the company said its deal with Bristol Myers Squibb Inc. BMY, -0.65% has expanded to include several off-the-shelf TCR-T and/or CAR-T programs. Bristol’s stock was up 0.4%. The agreement pairs Immatics’ adoptive cell therapy platform with therapies being developed by Bristol Myers […]

William Watts is MarketWatch’s senior markets writer. Based in New York, Watts writes about stocks, bonds, currencies and commodities, including oil. He also writes about global macro issues and trading strategies. Before moving to New York, he reported for MarketWatch from Frankfurt, London and Washington, D.C. Source: Marketwatch

Gap Inc. GPS, -1.63% has launched a kids home line through its expanding partnership with Walmart Inc. WMT, -2.47% Gap Home Kids includes 200 items including bedding, rugs and window treatments priced from $20 to $79. Walmart and Gap first launched a home collection in June 2021 comprised of bedding and bath items, and have […]

Shares of mattress makers took a dive Wednesday, after Wedbush analyst Seth Basham said he has seen signs suggesting Memorial Day sales came up short. That “negative” sales weekend came despite what Basham said in a pre-weekend note were signs of “incremental promotional intensity” and “outsized discounting” to goose sales. Shares of Tempur Sealy International […]