Tag: Marketwatch
The 1,000-point plunge in the Dow Jones Industrial Average DJIA, -0.30% is unanimous, with all 30 components losing ground. The biggest drags on the Dow were shares of Home Depot Inc. HD, -1.60%, which tumbled $14.97 (4.8%), and UnitedHealth Group Inc. INC, -0.56%, which dropped $14.18 (2.8%), to shave about a combined 192 points off […]
Boeing Co. BA, -1.04% executives are planning to move the aerospace company’s headquarters to Arlington, Va., from Chicago, the Wall Street Journal reported Thursday, citing people described as familiar with the matter. The move could be announced as soon as next week, the Journal said. Boeing did not immediately return a request for comment. The […]
Bitcoin BTCUSD, -3.60% plunged more than 5% Thursday to the lowest level since Feb. 22, amid broad sell-offs in stock markets. The cryptocurrency dropped to as low as $36,639 Thursday, according to CoinDesk data. It was trading midday New York time at around $36,933, down 5.5% over the past 24 hours. The Dow Jones Industrial […]
The U.S.-listed shares of Novartis AG NVS, -0.45% NOVN, -0.66% fell 2.6% in afternoon trading Thursday, after the Switzerland-based drug maker said it was “temporarily” suspending delivery of its cancer treatments Lutathera and Pluvicto in the U.S., as part of a quality review of its production sites in Millburn, New Jersey and Ivrea, Italy. The […]
Dish Network Corp. DISH, -19.14% said Friday it had net income of $433 million, or 68 cents a share, in the first quarter, down from $630 million, or 99 cents a share, in the year-earlier period. Revenue fell to $4.33 billion from $4.50 billion a year ago. The FactSet consensus was for EPS of 74 […]
Shares of Cigna Corp. CI, +5.88% gained 0.2% in premarket trading Friday, after the health care services company reported first-quarter profit and revenue that rose above expectations, and provided and upbeat full-year earnings outlook. Net income rose to $1.18 billion, or $3.68 a share, from $1.16 billion, or $3.30 a share, in the year-ago period. […]
Spectrum Brands Holdings Inc. SPB, +3.92% reported fiscal second-quarter profit and sales that beat expectations, while gross margin contracted as inflationary costs were higher than related price increases. Shares of the consumer products company, which brands include George Foreman, Remington and Health-Hide, were still inactive in premarket trading. Net income for the quarter to April […]
U.S. regulators on Thursday strictly limited who can receive Johnson & Johnson’s JNJ, -0.22% COVID-19 vaccine due to a rare but serious risk of blood clots,the Associated Press reported. The Food and Drug Administration said the shot should only be given to adults who cannot receive a different vaccine or specifically request J&J’svaccine. U.S. authorities […]
Shares of Eastman Chemical Co. EMN, +0.21% rose 0.9% in premarket trading Friday, after the specialty materials company announced a $500 million accelerated share repurchase (ASR) program. Based on the stock’s Thursday’s closing price of $105.67, the ASR represents about 3.7% of Eastman’s market capitalization of $13.62 billion. The company said after the ASR is […]
Under Armour Inc. UA, -25.88% UAA, -23.79% shares fell 8% in Friday premarket trading after the athletic company swung to a loss for the transition quarter ending March 31. The company announced in February that it would be shifting its fiscal year. For the period, Under Armour posted a net loss of $59.6 million, or […]