Tag: Marketwatch

United Airlines Holdings Inc. UAL, +10.70% stock rallied more than 11% Thursday after the airline reported first-quarter earnings late Wednesday and surprised investors by saying it expects to report a profit this year. The stock was on track to close at its highest since Nov. 9, when it closed at $52.81 and on pace for […]

The U.S. Energy Information Administration reported on Thursday that domestic natural-gas supplies rose by 53 billion cubic feet for the week ended April 15. That compared to a forecast for a build of 33 billion cubic feet from Marshall Steeves, energy markets analyst at S&P Global Commodity Insights. Total supplies in storage stand at 1.450 […]

Shares of Freeport-McMoRan Inc. FCX, -1.46% pulled back 3.2% in premarket trading Thursday, after the gold and copper miner reported first-quarter profit and revenue that beat expectations, while trimming its outlook for quarterly copper sales. Net income more than doubled to $1.53 billion, or $1.04 a share, from $718 million, or 48 cents a share, […]

Xerox Holdings Corp. shares XRX, +1.48% slid 1.8% premarket Thursday, after the maker of copiers and printers swung to a loss in the first quarter, weighed down by supply chain issues and inflationary pressures. The company posted a net loss of $56 million, or 38 cents a share, for the quarter, after earnings of $39 […]

Gold futures declined Wednesday for a second consecutive session to mark another settlement at their lowest since April 11. Prices for the precious metal went into “freefall” on Tuesday and now appear to have stabilized around $1,950, said Craig Erlam, senior market analyst at OANDA. “This could potentially mark the new range support after a […]

BTIG analysts surveyed 1,000 Starbucks Corp SBUX, -1.29% customers and found that only 4% planned to stop visiting the coffee purveyor if negotiations with unions fail to result in an agreement. More than two-thirds (68%) said the effort would have no effect on their visitation habits, 15% said they would visit less often and 13% […]

A stock-options strategy known as a “straddle” on Tesla Inc.’s stock TSLA, -4.96% is priced Wednesday for a one-day, post-earnings move of $66.56, according to data provided by Option Research & Technology Services (ORATS) Principal Matt Amberson. That’s slightly less than average price move over the past 12 quarters of $67.27, ORATS data show. A […]

Shares of Rite Aid Corp. RAD, +10.81% rocketed as much as 38.5% intraday before paring gains to be up 18.7% in very active afternoon trading Wednesday, after the New York Post reported that the drugstore chain rejected earlier this month a buyout bid that valued the company at more than $800 million. Trading volume swelled […]

Sen. Bernie Sanders, a Vermont independent, is open to running for president in 2024 if President Joe Biden declines to seek reelection, the Washington Post reported Wednesday, citing a campaign memo. “In the event of an open 2024 Democratic presidential primary, Sen. Sanders has not ruled out another run for president, so we advise that […]

Major U.S. stock indexes finished mostly lower on Wednesday, with the Nasdaq Composite pulled down by tumbling shares of Netflix NFLX, -35.12% a day after the streaming service reported a net loss of 200,000 paid subscribers in the first quarter. The Dow Jones Industrial Average DJIA, +0.71% gained about 250 points, or 0.7%, ending a […]