Tag: Marketwatch

Shares of Intuitive Surgical dropped more than 13% in the extended session Thursday after the maker of surgical robotic systems reported second-quarter results below Wall Street expectations and said that it was able to place fewer of its flagship robotic systems. Intuitive said it earned $308 million, or 85 cents a share, in the quarter, […]

Vera Bradley Inc. VRA, +0.44% said late Thursday that President and Chief Executive Officer Robert Wallstrom plans to retire, remaining in his roles until a successor is named. That is expected by early 2023, the retailer said. Wallstrom, who became the company’s top executive in 2013, will work with the board of directors in a […]

The House select committee investigating the Jan. 6, 2021, siege on the U.S. Capitol by supporters of then-President Donald Trump and the events surrounding the insurrection will reconvene for a planned set of hearings in September, NBC reported Thursday, just ahead of the final installment in a June-July set of eight televised, public hearings. The […]

PepsiCo Inc. PEP, +0.15% said late Thursday its board of directors approved a dividend of $1.15 a share, a 7% increase. That’s consistent with PepsiCo’s previously announced increase in its dividend to $4.60 a share from $4.30 a share, which began with the June payment, the snack and beverage company said. The dividend is payable […]

Oil futures fell sharply on Thursday, with U.S. prices settling at their lowest in a week. Crude prices tumbled as energy traders reassessed the short-term demand outlook “given the disappointing summer driving season and as the U.S. economy starts to show further signs it is quickly weakening,” said Edward Moya, senior market analyst at OANDA. […]

Piper Sandler analyst Rob Owens cut his rating on DocuSign Inc.’s stock DOCU, -1.15% to underweight from neutral overnight, citing the potential for elevated risk given a leadership transition, employee turnover, and economic uncertainty. “All of these factors contribute to a challenging backdrop for potential revenue reacceleration in the near-term, in our view,” Owens wrote. […]

Senate Majority Leader Chuck Schumer, D., N.Y., Ron Wyden, D., Ore., and Cory Booker, D., N.J. have filed the long-awaited Cannabis Administration and Opportunity Act more than a year after releasing a draft of the measure, Politico reported on Thursday. The measure is not expected to get 60 votes needed for passage in the Senate, […]

Blackstone Inc. BX, -6.56% shares fell 3.9% in premarket trades on Thursday after the private equity firm said it swung to a second-quarter loss of $29.4 million, or 4 cents a share, from net income of $1.31 billion, or $1.82 a share in the year-ago quarter. Distributable earnings rose to $1.49 a share from 82 […]

Published: July 21, 2022 at 7:28 a.m. ET Shares of Dow Inc. erased earlier gains of as much as 1.9% to fall 1.0% in premarket trading Thursday, even after the chemicals and specialty materials company reported second-quarter profit and sales that beat expectations, as price increases helped offset COVID-related lockdowns in China, logistics constraints and […]

The administration of President Joe Biden is planning to overhaul the federal health department and create a new independent division to lead the nation’s pandemic response, the Washington Post reported, citing seven people briefed on the plan. The move, which comes amid frustration with the Centers for Disease Control and Prevention, would elevate a 1,000-person […]