Tag: Marketwatch
Natural-gas futures climbed by more than 5% on Monday, supported by hotter-than-usual weather throughout much of the U.S., which has boosted demand for the commodity as a power source, analysts said. The rise in U.S. prices also follows a rally in European prices for the commodity, with Dutch TTF gas futures up nearly 12% Monday. […]
U.S. stocks finished mixed Monday, with the Nasdaq Composite slipping ahead of the Federal Reserve’s two-day policy meeting set to begin July 26 amid recession fears. The Dow Jones Industrial Average DJIA, +0.28% gained 0.3% while the S&P 500 SPX, +0.13% edged up 0.1% and the technology-heavy Nasdaq COMP, -0.43% fell 0.4%, according to preliminary […]
Gold futures finished lower on Monday, with prices easing after posting back-to-back session gains. Precious metals investors are now looking forward to the conclusion of the two-day Federal Reserve meeting on Wednesday, where the U.S. central bank is highly likely to hike rates by another 75 basis points to bring the Fed Fund rate to […]
The Securities and Exchange Commission on Monday said it has filed insider trading charges against Steve Buyer, a former Republican congressman from Indiana. The SEC said Buyer bought $568,000 in Sprint stock in his own accounts and other accounts after a T-Mobile TMUS, +2.06% executive told him at a March 2018 golf outing about the […]
Weber Inc. WEBR, -19.85% stock sank 18.8% in Monday premarket trading after the grill maker issued a sales warning for its third quarter and announced the departure of its chief executive, Chris Scherzinger. Preliminary quarterly results show sales of $525 million to $530 million with performance under pressure from factors like inflation, fuel prices and […]
Telsa Inc. TSLA, +0.20% Chief Executive Elon Musk took to Twitter late Sunday to deny a report that he had fallen out with Google GOOGL, -5.63% GOOG, -5.81% co-founder Sergey Brin after engaging in a brief affair with Brin’s wife last fall. The report in the Wall Street Journal indicated the alleged affair caused Brin […]
Home Industries Automobiles Published: July 21, 2022 at 11:56 a.m. ET By Ciara Linnane comments Referenced Symbols Advertisement PAG +1.02% Penske Automotive Group Inc. PAG, +1.02% said Thursday it is raising it quarterly cash dividend to 53 cents a share from 50 cents previously. The new dividend will be payable Sept. 1 to shareholders […]
Shares of Carnival Corp. CCL, -5.99% tumbled 11.2% in morning trading Thursday, to pace the S&P 500’s SPX, -0.93% after the cruise operator caused investors to “panic” with its $1 billion public equity offering. The company said late Wednesday that the offering, which represented about about 10% of the current market capitalization of $9.79 billion, […]
Gold futures ended higher on Thursday, recouping their loss from a day earlier and then some — when prices settled at their lowest in more than 15 months. The U.S. dollar saw some weakness as the euro climbed in the wake of the European Central Bank’s decision to lift its key interest rate, and U.S. […]
The seasonally adjusted S&P Global Eurozone PMI composite output index dropped to 49.4 in July from 52.0 in June, according to a S&P Global/Markit survey on Friday. Dropping below the neutral 50.0 level signals a contraction of business output for the first time since February 2021. Steepest declines were seen in Germany, where the composite […]