Tag: Marketwatch

Oil futures ended lower on Friday, with U.S. prices holding below $100 a barrel and the front-month contract posting a modest rise for the week. “Demand destruction is finally happening,” with Energy Information Administration numbers showing gasoline demand getting softer, said Tariq Zahir, managing member at Tyche Capital Advisors. Still, energy prices will be “extremely […]

T-Mobile US Inc. TMUS, -0.53% reached an agreement to settle a class-action lawsuit regarding a 2021 cyberattack that breached some customer data, the company disclosed in a late-Friday filing. The wireless giant agreed to pay $350 million to handle claims made by class members and cover other related fees. The proposed settlement is still subject […]

Stocks finished lower on Friday, snapping a three-day rally following disappointing economic data and a weak earnings report from Snap Inc. — while reports from tech behemoths including Apple Inc. [a: aapl] and Microsoft Inc. MSFT, -1.69% are expected next week. The S&P 500 SPX, -0.93% fell 37.32 points, or 0.9%, to close at 3,961.63 […]

President Joe Biden has completed his first full day of treatment with antiviral drug Paxlovid and his symptoms due to COVID-19 “have improved,” said his physician, Dr. Kevin C. O’Connor, in a letter released Friday by the White House. Biden’s symptoms remain characterized by a runny nose, fatigue and an occasional “loose” cough, and his […]

Pottery Barn announced the launch of the Accessible Home Collection on Friday, a range of home items designed with the needs of those with disabilities, injuries and older customers in mind. Items for the bathroom, dining room, office and other parts of the house have special features, like multiple reclining positions and easy-to-read remote controls. […]

Stocks opened mostly higher Friday, but saw the Nasdaq Composite dragged down by a plunge for shares of social-media platform Snap Inc. The Dow Jones Industrial Average DJIA, +0.33% rose 124 points, or 0.4%, to 32,160, while the S&P 500 SPX, +0.09% traded near unchanged after opening with a small gain. The Nasdaq Composite COMP, […]

Conagra Brands Inc. CAG, +0.15% announced a 5.6% dividend hike on Friday. A quarterly dividend of 33 cents per share will be paid on September 1, 2022 to shareholders of record as of the close of business on August 3, 2022. Conagra stock is down 2.8% for the year to date while the S&P 500 […]

The German government has agreed on a bailout for Uniper UN01, -15.00%, which has been hit by reduced Russian gas imports, the company said. Terms call for the German state to take a 30% stake for 267 million euros, provided further capital of up to 7.7 billion euros against issuance of mandatory convertible instruments, and […]

Shares of Altice USA Inc. ATUS, +22.33% were spiking in Thursday afternoon trading after Bloomberg News reported that the company was looking into a sale of its Suddenlink cable business, which operates in states including Arizona, California, and Texas. The business could sell for up to $20 billion, according to the report, though it is […]

U.S. stocks closed sharply higher on Thursday as the tech-heavy Nasdaq Composite led all three benchmarks to their highest levels in six weeks. Strong earnings from S&P 500 companies — particularly heavy-hitting tech stocks like Netflix Inc. NFLX, +3.44% and Tesla Inc. TSLA, +9.78% — have helped to bolster sentiment, prompting wary investors to jump […]