Tag: Marketwatch
Shares of Novavax Inc. NVAX, -4.13% gained 2.5% in premarket trading on Friday, the day after the company said its experimental COVID-19 vaccine had an 80% efficacy rate in teens. The results stem from a Phase 3 clinical trial that occurred when delta was the most dominant strain of the virus. The Food and Drug […]
The Tennessee Valley Authority said Thursday that service to its customers remains unchanged and there will be no interruption in wholesale power in reaction to newly-signed medical cannabis law in Mississippi. The TVA provides electricity to power companies operating in part of the state. “TVA has an obligation to serve our customers with safe, reliable […]
Shares of Bloom Energy Corp. BE, -3.37% rose more than 8% in the extended session Thursday after the alternative-energy company reported quarterly sales that were above expectations. Bloom said it lost $33 million, or 19 cents a share, in the fourth quarter, compared with $52 million, or 30 cents a share, in the year-ago quarter. […]
Chemours Co. stock CC, -1.58% fell more than 4% in the extended session Thursday after the chemicals company reported an adjusted profit below expectations. Chemours said it earned $233 million, or $1.40 a share, in the quarter, compared with $19 million, or 11 cents a share, in the year-ago quarter. Adjusted for one-time items, Chemours […]
President Joe Biden predicts his eventual pick for a Supreme Court justice will get a vote from Republicans. “I think whomever I pick will get a vote from the Republican side for the following reason: I’m not looking to make an ideological choice,” he said in excerpts of an NBC News interview released Thursday. He […]
Zendesk Inc.’s ZEN, +10.74% board on Thursday rejected an unsolicited takeover bid from Thoma Bravo LP and other private-equity firms in an all-cash transaction valued at $127 to $132 a share. Zendesk, which also faces a proxy fight from an activist investor seeking to torpedo its proposed purchase of SurveyMonkey parent company Momentive Global Inc. […]
Eli Lilly and Co. LLY, -1.49% said late Thursday it has inked a deal with the U.S. government to supply up to 600,000 doses of its investigational COVID-19 drug bebtelovimab for at least $720 million. The U.S. will accept the doses once the FDA grants the treatment an emergency-use authorization, the company said. Lilly has […]
Industrials company Nordson Corp. NDSN, -2.23% will join the S&P 500 index, replacing Xilinx Inc., S&P Indices said late Thursday. PDC Energy Inc. PDCE, +1.44% will replace Nordson in the S&P MidCap 400 index, the provider said. The changes are effective Feb. 15. Advanced Micro Devices Inc. AMD, -5.33% is buying Xilinx in a deal […]
The Nasdaq 100 NDX, -2.33% slumped 1.7% in afternoon trading Thursday, with only 17 of its components gaining ground, after the technology-friendly index ran up 3.3% over the past two days. The index’s biggest gainer was Datadog Inc. stock DDOG, +12.23%, which shot up 14.3% over the monitoring and security software platform company reported before […]
Gold futures ended higher on Thursday, stretching their streak of gains to a fifth session in a row – the longest run of consecutive gains since November. The rise for the metal came in the wake of data showing the U.S. consumer price index rose by a more than expected 0.6% in January to 7.5%, […]