Tag: Marketwatch

Jun 25
Carnival stock jumps as revenue, occupancy and booking volumes improve

Shares of Carnival Corp. CCL, +12.44% rallied 3.5% in morning trading Friday, after the cruise operator provided business update for the second quarter, in which cash from operations turned positive but revenue came up short of expectations. The company said second-quarter revenue increased by “nearly 50%” from the sequential first quarter, while the current FactSet […]

Jun 25
Juul asks appeals court to block FDA’s ban on its vape products–WSJ

Juul Labs Inc. asked Friday that a federal appeals court temporarily block the the U.S. Food and Drug Administration’s ban on its e-cigarettes, according to a report in The Wall Street Journal. The FDA on Thursday had banned Juul from marketing its vape products in the U.S., as part of its commitment to ensure all […]

Jun 25
Home builder, real estate services stocks surge on surprise jump in new home sales

Shares of housing market companies enjoyed a broad rally Friday, after data showing that new home sales surprisingly rose, and sharply, in the face of other signs showing a slowdown in the housing sector. The SPDR S&P Homebuilders ETF XHB, +2.80% rallied 2.9% in morning trading, with all 35 components trading higher. Among the more […]

Jun 25
Pelosi on abortion ruling: ‘Radical Supreme Court is eviscerating Americans’ rights’

House Speaker Nancy Pelosi, a California Democrat, blasted the Supreme Court’s ruling on Friday that overturns Roe v. Wade, the landmark 1973 decision that established a constitutional right to an abortion. “There’s no point in saying ‘good morning,’ because it certainly is not one. This morning, the radical Supreme Court is eviscerating Americans’ rights and […]

Jun 25
President Biden to give speech at 12:30 p.m. Eastern on Supreme Court overturning Roe v. Wade

Victor Reklaitis is MarketWatch’s Money & Politics reporter and is based in Washington, D.C. Prior to joining MarketWatch, he served as an assistant editor and reporter at Investor’s Business Daily. Before IBD, he worked for several newspapers in Virginia. Follow Victor on Twitter at: @vicrek. Source: Marketwatch

Jun 25
JPMorgan Chase sticks to plan to provide travel benefits for out-of-state abortions

JPMorgan Chase & Co. JPM, +2.98% on Friday reiterated plans to expand its employee benefits to include coverage of travel expenses for abortions in other states, in the wake of the U.S. Supreme Court’s decision to overturn Roe v. Wade. The bank said the coverage is part of additional benefits taking effect in July. “We […]

Jun 25
Dick’s Sporting Goods stock soars, after CEO says help will be provided for those needing to travel for legal abortions

Shares of Dick’s Sporting Goods Inc. DKS, +8.40% shot up 9.6% in midday trading Friday, to pace all the SPDR S&P Retail ETF’s XRT, +3.71% gainers, after Chief Executive Lauren Hobart said the sporting goods retailer will help pay travel expenses if employees need to obtain a legal abortion. Earlier Friday, the U.S. Supreme Court […]

Jun 25
Baker Hughes reports the biggest U.S. oil-drilling rig count increase in 5 weeks

Read Next Dick’s Sporting Goods stock soars, after CEO says help will be provided for those needing to travel for legal abortions Shares of Dick’s Sporting Goods Inc. undefined shot up 9.6% in midday trading Friday, to pace all the SPDR S&P Retail ETF’s undefined gainers, after Chief Executive Lauren Hobart said the sporting goods […]

Jun 25
Levi Strauss stock jumps after saying it strongly opposes restrictions to reproductive care, including abortion

Shares of Levi Strauss & Co. LEVI, +3.41% jumped 3.5% in afternoon trading Friday, to outperform the S&P 500’s SPX, +3.06% 2.4% gain, after the jeans and apparel seller said it is “strongly” opposes any steps to restrict access to the full range of reproductive health care, including abortion. “Protection of reproductive rights is a […]

Jun 24
U.S. oil futures end higher after back-to-back session declines

Oil futures settled higher on Friday, with U.S. prices recouping much of the losses they suffered on the back of recession concerns over the last two trading sessions. Prices, however, still posted a decline for the week, the second weekly decline in a row. West Texas Intermediate crude for August delivery CLQ22, +2.69% rose $3.35, […]