Tag: Marketwatch

Stocks fell Monday, but closed off session lows, as investors monitored the threat of a Russian invasion of Ukraine and continued to assess the path of future Federal Reserve rate hikes. The Dow Jones Industrial Average DJIA, -0.49% fell around 172 points, or 0.5%, to close near 34,566, according to preliminary figures, after falling more […]

Donald Trump’s longtime accounting firm abruptly cut ties with his family business last week, the New York Times reported, amid criminal and civil investigations into whether the former president illegally inflated the value of his assets. Mazars USA said in a Feb. 9 letter to the Trump Organization that it could no longer stand behind […]

U.S. oil futures rallied past $95 a barrel on Monday, settling at their highest since September 2014, with traders closely eying developments tied to the Russia-Ukraine crisis and its potential impact on global oil markets. “The possibility of war between Ukraine and Russia has put oil prices on a one-way road higher,” said Edward Moya, […]

Shares of Splunk Inc. SPLK, +8.37% climbed more than 8% Monday on reports that Cisco Systems Inc. CSCO, -0.68% has made a $20 billion acquisition offer for the software maker. The offer was made recently and the companies aren’t currently in active talks, according to a Wall Street Journal report, citing people familiar with the […]

Advanced Micro Devices Inc. shares AMD, +2.93% are up nearly 3% in Monday trading after the chipmaker announced that its $49 billion deal for Xilinx has officially closed. AMD also said that Chief Executive Lisa Su has been appointed the chair of the company’s board, while John Caldwell, the prior chair, has been named lead […]

Marriott International Inc. MAR, -2.75% said Monday its Executive Chairman J.W. Marriott Jr. has decided to retire in May and will not stand for re-election to the board at its coming annual shareholder meeting. He will be succeeded by David S. Marriott who will become chairman of the board following the meeting. J.W. Marriott will […]

Shares of Zurn Water Solutions Group ZWS, -1.97% rose 3.0% in premarket trading Monday, after the Wisconsin-based water control and safety company announced an agreement to acquire privately held Elkay Manufacturing Co. in a all-stock deal valued at nearly $1.6 billion. Under terms of the deal, Elkay shareholders will receive a total of 52.5 million […]

Crude prices surged on Monday, as investors entered what could be a decisive week in the West’s standoff with Russia, which has massed thousands of troops on Ukraine’s border. U.S. stocks tumbled Friday and oil prices closed at the highest since 2014 after White House national security adviser Jake Sullivan warned Russia could attack Ukraine […]

The U.S. death toll from COVID-19 topped 915,000 on Friday, as Nevada became the latest state to drop face mask requirements in most places, including its casinos. A number of states, mostly Democrat-run, have recently announced their plans to scrap face mask mandates as their governors push for a return to something like normalcy. The […]

Investment fund Apollo Global Management Inc. APO, -5.74% is closing in on a deal to buy the point-of-sale (POS) terminal business of France-based Worldline SA WRDLY, +4.32% WLN, +5.78% for nearly EUR2 billion ($2.3 billion), according to a report in The Wall Street Journal on Friday. Worldline shares were rallying 8% in Paris trading, while […]