Tag: Marketwatch

All 30 Dow Jones Industrial Average DJIA, -2.73% component stocks are falling in Monday’s premarket, with Dow futures YM00, -1.86% pointing toward a third-straight decline of more than 500 points as inflation fears continue to fuel the selloff. The Dow’s biggest percentage decliners ahead of the open are shares of Salesforce Inc. CRM, -4.63%, down […]

Choice Hotels International Inc. CHH, -4.17% said Monday it has agreed to acquire Radisson Hotel Group Americas for about $675 million in a deal expected to close in the second half. The purchase includes the franchise business, operations and IP of Radisson Hotels in the U.S., Canada, Latin America and the Caribbean, including the real […]

Steven Goldstein is based in London and responsible for MarketWatch’s coverage of financial markets in Europe, with a particular focus on global macro and commodities. Previously, he was Washington bureau chief, directing MarketWatch’s economic, political and regulatory coverage. Follow Steve on Twitter: @MKTWgoldstein. Source: Marketwatch

Fortinet Inc. FTNT, -5.00% said Thursday that it plans to implement the previously disclosed five-for-one stock split on June 22. The split is contingent on shareholders approving at the June 17 annual meeting a proposal to increase the number of shares outstanding so the split could take effect. The plans for the stock split were […]

U.S. stocks opened lower Thursday, losing ground as yields on Treasurys and other government bonds rose after the European Central Bank affirmed it will begin lifting interest rates in July. The Dow Jones Industrial Average DJIA, -2.73% fell 150 points, or 0.5% while the S&P 500 SPX, -2.91% fell 18 points, or 0.4%, and the […]

Amazon.com Inc. AMZN, -5.60% announced the launch of Virtual Try-On for Shoes during Thursday premarket hours. The service will allow shoppers to use augmented reality (AR) to see how a shoe will look from different angles. For those using iOS in the U.S. and Canada, the service will be available for a variety of sneaker […]

Nautilus Inc. NLS, -7.26% is recalling about 7,300 treadmills, as they can start on their own, posing a fall hazard. Shares of the exercise equipment maker fell 1.3% in morning trading. The T616 and T618 treadmills being recalled was made in China and sold at Best Buy Co. Inc. BBY, -3.11%, Walmart Inc. WMT, +0.56% […]

Shares of NXP Semiconductor NV NXPI, -3.07% are up 8.7% in Thursday morning trading on heavy volume. The stock is on track for its largest single-day percentage gain since it rose 9.0% on March 15, 2021. Within the first hour of trading, NXP saw volume of more than 3.3 million shares, already above its average […]

The U.S. listed-shares of Ericsson ERIC, -5.88% slid 0.9% in afternoon trading Thursday, after the Sweden-based telecommunications equipment company said the regulatory investigation into its conduct in Iraq now includes the U.S. Securities and Exchange Commission. The company had previously disclosed that the U.S. Department of Justice was investigating its conduct in Iraq during the […]

Gold futures slipped on Thursday to end lower, after the European Central Bank outlined plans to raise interest rates in the region for the first time since 2011, in a bid to tame soaring European inflation. Gold for August delivery GCQ22, -0.02% GC00, -0.02% shed 0.2%, or $3.70, to settle at $1,852.80 an ounce on […]