Tag: Marketwatch

American Airlines Group Inc. AAL, +2.19% disclosed Wednesday that it amended its firm orders for Boeing Co.’s BA, +4.05% 737 MAX 8 aircraft to 30, with 15 aircraft scheduled for delivery in 2023 and the rest to be delivered in 2024. The increase comes after the air carrier said it amended its purchase agreement dated […]

The average number of daily deaths from COVID-19 in the U.S. has climbed above 2,600, according to a New York Times tracker, now higher than the peak surge in the fall when delta was dominant and close to the peak last winter, before vaccines were available. Deaths are up 36% from two weeks ago and […]

Shares of Pitney Bowes Inc. PBI, -15.42% tumbled 15.6% in midday trading Tuesday, enough to pace the NYSE’s decliners, after the shipping and mailing company reported fourth-quarter profit that fell below expectations, amid disappointing domestic parcel volumes. Net income fell to $1.3 million, or 1 cent a share, from $20.3 million, or 11 cents a […]

Shares of Cedar Fun L.P. FUN, +13.11% rocketed 14.7% toward a more-than two-year high in afternoon trading Tuesday, after the amusement park operator confirmed that it had received an unsolicited buyout bid from SeaWorld Entertainment Inc. SEAS, +2.58%. The company did not disclose terms of the bid, but Bloomberg, which first reported the on the […]

U.S. oil futures settled slightly higher on Tuesday, as traders await the outcome of Wednesday’s meeting of major oil producers. OPEC+, which comprises the Organization of the Petroleum Exporting Countries and their allies, is expected to agree to a 400,000 barrel-per-day production increase for March. “When you factor in that many members are struggling to […]

Sen. Ben Ray Lujan, a New Mexico Democrat, suffered a stroke Thursday but is expected to make a “full recovery,” his office said in a statement. The senator underwent decompressive surgery to ease swelling once the stroke was discovered, the statement said. Lujan’s absence from the Senate means there will be only 49 senators in […]

The American Petroleum Institute reported late Tuesday that U.S. crude supplies fell by 1.6 million barrels for the week ended Jan. 28, according to sources. The API, however, also reportedly showed a weekly inventory climb of 5.8 million barrels for gasoline, while distillate supplies decline by 2.5 million barrels. Crude stocks at the Cushing, Okla., […]

Investors, particularly those reliant on computer-generated decisions to buy or sell, face a treacherous backdrop of volatility driven by the Federal Reserve, following a brutal month of stock trading. January’s violent moves in equities offer a glimpse of what might still be in store: The S&P 500 SPX, +0.69% and Nasdaq Composite COMP, +0.75% indexes […]

PJT Partners Inc. PJT, -7.83% shares fell 9.8% on Tuesday after the advisory firm’s fourth-quarter earnings of $1.52 a share fell short of the Wall Street estimate of $1.72 a share in a survey of analysts by FactSet. PJT’s revenue of $313.3 million also missed the analyst target of $339 million. PJT said its advisory […]

Gold prices settled higher on Tuesday for a second straight session, above the $1,800 mark for the first time in almost a week. “Gold continues to be pulled back and forth because of the ebb and flow of the U.S. bond market, as well as the strength of the U.S. dollar,” said Michael Hewson, chief […]