Tag: Marketwatch
3M Co. MMM, +0.89% said Thursday that it remains “committed” to making sure that everyone how needs an N95 face mask can get one. The consumer, health care and building products company is the market maker of N95 masks in the U.S., with manufacturing plants in South Dakota and Nebraska. “3M’s N95 respirators are [National […]
Oil declined Thursday, falling back a day after settling at the highest price in two months. Prices fell despite continued weakness in the U.S. dollar, “signaling that the move higher in oil futures over the past month may have once again gotten too far ahead of the physical market reality,” said Troy Vincent, senior market […]
Stocks end lower as tech rebound loses steam; Nasdaq slumps 2.5% – MarketWatch Skip to main content Latest Watchlist Markets Investing Personal Finance Economy Retirement How to Invest Video Center Live Events MarketWatch Picks Published: Jan. 13, 2022 at 4:04 p.m. ET Stocks fell Thursday as a bounce by tech stocks ran out of steam, […]
Boston Beer Co. SAM, +0.82% shares fell in the extended session Thursday after the beer maker slashed its earnings guidance in light of higher-than-expected supply-chain costs and reduced wholesaler inventories. Boston Beer shares fell 7% after hours, following a 0.8% gain in the regular session to close at $488.98. In a filing with the Securities […]
Bausch & Lomb Corp. has filed for an initial public offering, according to a filing late Thursday. The Bausch Health Cos. Inc. BHC, -2.16% subsidiary seeks to sell up to $100 million worth of shares, although that’s often a placeholder amount used to calculate filing fees. Bausch Health said in August 2020 it planned to […]
The U.S. Supreme Court on Thursday blocked President Joe Biden’s COVID vaccine-or-test mandate for large U.S. businesses, but allowed a mandate for most health-care workers to be in effect. Biden had sought to require employers with 100 or more employees to require that workers are fully vaccinated against COVID-19 or test negative on a weekly […]
Shares of Mattel Inc. MAT, +3.87% jumped 3.2% in midday trading Thursday, after the toy maker was upgraded at MKM Partners, citing an “underappreciated” 2022 product lineup and capital structure optionality. Analyst Eric Handler raised his rating to buy, after being at neutral for at least the past three years, and raised his price target […]
UBS on Thursday launched coverage of seven banks, including five with buy ratings and two with hold ratings, as the group is poised to benefit from higher interest rates. Analyst Erika Najarian said she expects 21% upside in these names, despite strong stock performances thus far in 2022. UBS assigned a buy rating and a […]
Energy drink company Monster Beverage Corp. MNST, +0.59% announced Thursday that it is entering the alcoholic beverage business through an agreement to buy craft beer and hard seltzer company CANarchy Craft Brewery Collective LLC for $330 million in cash. The deal, which is expected to close in the first quarter of 2022, will bring the […]
Shares of Halliburton Co. HAL, +0.73% rallied 1.7% toward a near three-year high in premarket trading Thursday, after J.P. Morgan analyst Arun Jayaram turned bullish on the oil services company, given its position as a leader in scale, flexibility and technology and its “best-in-class” returns generated in the last cycle. Jayaram raised his rating to […]