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Recovery hopes drive shares, US Treasury yields "Assuming that COVID variants remain contained, the second quarter is set for a further acceleration in growth as the re-openings continue," said Katherine Judge, senior economist at CIBC Capital Markets. New ...
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Peacock Hits 42 Million Sign-Ups, NBCU Earnings Drop Cable giant Comcast adds more users and records $91 million of first-quarter revenue and a loss of $277 million related to Peacock. NBCUniversal streaming service Peacock has reached 42 million sign-ups, parent company Comcast said in its latest ...
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FDA Moves To Ban Menthol Cigarettes And Flavored Cigars "Banning menthol — the last allowable flavor — in cigarettes and banning all flavors in cigars will help save lives, particularly among those disproportionately affected by these deadly products," Acting FDA Commissioner Dr. Janet Woodcock said in a statement ...
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Opinion: COVID-19 has prompted a boom in retirement savings Last year, the number of Fidelity IRA accounts that received a contribution increased by 35% and the average contribution per account rose by 5%. That doesn't sound like much, but it suggests that ...
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Mastercard beats on earnings and cites a rebound in domestic travel spending Mastercard Inc. posted surprise growth in revenue Thursday morning while topping earnings expectations, as government stimulus boosted spending and as domestic travel improved. The company reported first-quarter net income of $1.8 billion, or $1.83 a ...
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Hemp, Inc. Continues Massive Expansion In Florida Las Vegas, NV, April 29, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Hemp, Inc. (OTC PINK: HEMP), a global leader in the industrial hemp industry with bi-coastal processing centers, announced today this week marks the one year anniversary of ...
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Stocks Shake off Wobbly Start as Investors Weigh Earnings U.S. stocks moved higher in afternoon trading Thursday after shaking off an early pullback as investors weigh the latest batch of corporate earnings reports and economic data. A report showing that the ...
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The Two Big Themes In The Crypto Market Right Now For all the hype about Bitcoin these days, its momentum has actually quieted down a little bit lately. After almost hitting $65,000 in the wake of the Coinbase IPO, it's dipped a bit. And currently it's still below even its February levels. Bitcoin Candle Chart.
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Retail Therapy: CVS Plans To Expand Mental Health Care In Stores Barber shop owner Angela Miller always hears about clients' family dysfunctions and financial struggles, but that's especially been the case during the pandemic. "You hear everything," she says. Lost jobs. Lost family. She says she can very much relate.
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Florida reports 54 coronavirus resident deaths, 5666 new cases Florida's resident death toll from coronavirus rose to 35,084 with the addition of 54 more reported fatalities on Thursday while also adding 5,666 more positive COVID-19 cases to bring the total to 2,228,212.
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UPDATE 4-Mexico's Cemex sees shares surge after profits rise sharply (Adds details from earnings call). MONTERREY, April 29 (Reuters) - Mexican cement producer Cemex reported on Thursday a more than 15-fold jump in first-quarter profit, beating analyst expectations and sending its stock price surging. The global cement ...
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Uber, Lyft, DoorDash stocks fall sharply after US Labor secretary says gig workers should be classified as employees Shares of Lyft, Uber and DoorDash dipped Thursday after Secretary of Labor Marty Walsh told Reuters in an interview that gig workers should be classified as company employees. Lyft stock traded down 9.5%, while Uber shed about nearly 7%. DoorDash ...
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Will Lolla Happen This Summer? Chicago's Mayor Gives Message of Hope As Chicago announces the return of several summer events as part of its newest reopening plan, what does that mean for the future of major city festivals like Lollapalooza and Pitchfork? By Staff and AP • Published 1 min ago • Updated 57 seconds ago.
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UFC Parent Endeavor Will IPO Today. Here's What Investors Need to Know. While the company isn't necessarily a household name, Endeavor Group Holdings (NYSE:EDR) is the parent company of several high-profile entities, including the mixed martial arts league Ultimate Fighting Championship (UFC), the William Morris Talent ...
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Muni enforcement will hold steady following Oh's sudden departure Sources anticipate muni enforcement to hold steady as Melissa Hodgman returns to her acting role to lead the Securities and Exchange Commission's enforcement division following an abrupt resignation by the newly-named enforcement director pick.
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Raymond James Client Assets Top $1 Trillion Amid Record-Breaking Quarter Raymond James broke quarterly records for net revenue, net income, client assets, fee-based assets, and advisor headcount. The firm's results mirror strong earnings reports across wealth management and underscore how well the industry is faring a year ...
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Ford Stock Sinks After Slashing Q2 Production Targets On Chip Shortage That May Last Through 2022 Ford Motor (F) crushed first-quarter estimates but said it'll halve second-quarter production due to the global chip shortage. Ford stock tumbled Thursday. The report is the first from top automakers. General Motors (GM) and Volkswagen (VWAGY) are due next ...
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Jeff Bezos' Blue Origin will soon begin selling tickets for rides on its space tourism rocket New Shepard is designed to carry as many as six people on a ride past the edge of space, with the capsules on previous test flights reaching an altitude of more than 340,000 feet.
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Disney Names Paul Richardson Chief Human Resources Officer The executive succeeds longtime veteran Jayne Parker, who is leaving the company at the end of June after a 33-year career. The Walt Disney Co. named Paul Richardson as chief human resources officer effective July 1, the company said Thursday.
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Datto CISO Ryan Weeks Contributes to Ransomware Task Force's Comprehensive Framework to Combat Ransomware ("Datto") (NYSE:MSP), the leading global provider of cloud-based software and security solutions purpose-built for delivery by managed service providers (MSPs), today announced its collaboration on the Ransomware Task Force's (RTF) "Combating ...
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Companies accused of illegally leasing dogs waive more than $126K in settlement with Massachusetts AG Maura Healey They will also return any payments they collected from residents since Jan. 1 and cancel balances remaining on the leases, which total roughly $126,077, Healey's office said in a statement.
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Why VEREIT Stock Rocketed 19% at the Open Today The big news driving the advance is that net lease peer Realty Income (NYSE:O) is buying it out in an all-stock deal. Interestingly, however, Realty Income's shares rose, too, gaining about 3%. Normally the shares of the buyer tend to decline. It looks like Wall ...
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How to celebrate Mother's Day in the St. Louis area The Mother's Day menus will be available May 8-9 from 8 a.m. to 8 p.m. To make a reservation, click here or call 618-233-0513 x 3. Nathaniel Reid Bakery.
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BioNTech thinks it can submit data from vaccine trial in 5- to 12-year-olds by July German company and partner Pfizer have already submitted data from trials in children ages 12 to 15 to the FDA in the U.S. and plans to do so for the European Medicines Agency. An 18-year-old receives a dose of the Pfizer-BioNtech COVID-19 coronavirus ...
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McDonald's Turns a Corner Even as Global Covid Risks Remain McDonald's Corp. reported its first quarter of global sales growth in more than a year, buoyed by brisk demand in its home market even as Europe continues to lag. The fast-food chain posted overall same-store sales that climbed 7.5% in the period ended ...
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Despite beating revenue expectation, Teladoc's net losses lead to dip in stock After a fiscally strong 2020, Teladoc reported a net loss of $1.31 per share – missing its expectations by $0.71, in its Q1 earnings call. This came out to a total net loss of $199.6 million. However, it did manage to beat its revenue expectation by $1.76 million.
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Royal Caribbean CEO Sees Return to Cruising by July as CDC Clarifies Guidance The CDC is reportedly easing its restrictions on cruise ships, with sailings possible by July. Here, Royal Caribbean's Navigator of the Sea cruise ship is in Miami, Fla. Joe Raedle/Getty Images.
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Gazprom Reports 89% Profit Fall Russia's Gazprom on Thursday reported an 89% fall in 2020 net profit to 135.3 billion roubles ($1.8 billion), hurt by lower prices and sales and a huge rise in costs including a foreign exchange-related loss, but it expects a recovery in 2021. Gazprom, which ...
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Keurig Dr Pepper Reports Strong Start to 2021 Net sales in the first quarter of 2021 advanced approximately 11% on both a GAAP and constant currency basis, with each of the Company's business segments reporting strong growth. GAAP diluted earnings per share more than doubled to $0.23 and Adjusted ...
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Waste Connections Posts Solid First Quarter 2021 Earnings, Beating Expectations Coming Out of The Pandemic On the company first quarter earnings call, Waste Connections president and CEO Worthing Jackman cited strong solid waste pricing growth, solid waste pricing retention, accelerating volume growth, and increased recovery values as key drivers behind the ...
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Novavax's COVID-19 Vaccine May Be Authorized Next Public health officials and researchers see the Novavax shot as an option to fill in supply gaps in the U.S. and worldwide after safety concerns emerged with the AstraZeneca and Johnson & Johnson vaccines. "I do think ...
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Olam International to acquire Olde Thompson SINGAPORE – Olam Food Ingredients, a business unit of Olam International, is acquiring Olde Thompson from the private equity firm Kainos Capital for approximately $950 million. Based in Oxnard, Calif., Olde Thompson is a private label manufacturer of dry ...
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Vectra AI Raises $130 Million led by Blackstone Growth (BXG) The investment will help fuel Vectra's continued growth through platform innovation and expansion into new markets and geographies, solidifying its Cognito platform as a market-leading solution for artificial intelligence (AI)-driven cloud security for threat ...
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Lack of truck drivers could lead to fuel shortage this summer As millions of Americans return to driving and planning summer road trips, experts are warning that some gas stations could face fuel shortages. "We are not looking at a shortage of gasoline," Jeanette McGee, a AAA spokesperson, said in an interview with ...
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Northrop Grumman Boosts Guidance After First-Quarter Earnings Beat Northrop Grumman (NOC) - Get Report posted a 153% jump in first-quarter earnings, prompting the aerospace and defense giant to boost its full-year sales and earnings guidance. Shares of the Falls Church, Va., company were climbing 4.6% to $353.80 on ...
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New CFO Boosts Tapestry Stock Tapestry stock was slightly higher Thursday after the high-end accessories maker tapped a new chief financial officer. Scott Roe will join Tapestry (ticker: TPR) on June 1. He has spent 25 years at apparel maker VF Corp (VFC), serving as CFO since April ...
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This Time-Saving (Mint Green) Air Fryer Is 30 Percent Off No matter how many Dutch ovens, eight-in-one skillets, or sheet pans you have, after a year of cooking at home, you might be looking for ways to spend less time in your kitchen. While totally effective, all that cookware doesn't exactly save time — and with ...
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3 Things That Could Shrink Your Social Security Check You qualify for Social Security if you earn 40 work credits. As of 2021, $1,470 in earned income gets you a credit and you can earn up to four credits each year. While this earnings amount will make you eligible, it probably won't result in a big payment.
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LL Bean is still coming to Amherst, just not where they said they would The switch by L.L. Bean is a blow to plans to redevelop the former Northtowns Plaza, which had counted on the Maine-based retailer to be one of its most powerful draws for consumers.
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Plug Power Stock Still Packs a Strong Punch Among ESG Choices New York-headquartered Plug Power (NASDAQ:PLUG) has been around since 1997, but the company has really captured investors' attention during the past few years. Evidence of this can be seen in the elevated trading volume of PLUG stock.
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Domino's Eases After Revenue Lags Analyst Forecasts Domino's Pizza (DPZ) - Get Report shares eased Thursday after the chain's first-quarter revenue rose 13% but lagged analyst expectations. Revenue registered $983.7 million in the quarter, up from $873.1 million a year earlier. The FactSet analyst consensus ...
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WPP cancels share awards to Martin Sorrell over media leaks WPP has withdrawn share awards due to Sir Martin Sorrell after finding the advertising group's former chief executive repeatedly leaked sensitive client information to a journalist. The so-called "malus adjustments", disclosed in ...
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Taco Bell offering free taco during upcoming 'Taco Moon' Everyone can soon get free Taco Bell thanks to the Moon. To celebrate the Moon entering a new lunar phase, dubbed "the Taco Moon," presumably because it resembles the shape of a taco, the fast-food giant is offering a free Crunchy Taco all day on May 4.
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New nonstop service from SYR to Dallas/Fort Worth Texas added to Hancock International Airport SYRACUSE, N.Y. (WSYR-TV) — Daily nonstop flights from Syracuse to Dallas/Fort Worth International Airport (DFW) will be boarding at Hancock International Airport (SYR) beginning this summer. "We are obviously incredibly excited that American Airlines ...
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Samsung's profit soars on strong consumer demand SEOUL -- Samsung Electronics Co.'s first-quarter net profit rose 46%, boosted by a greater appetite for the South Korean tech giant's gadgets and appliances that softened the financial hit from a temporary shutdown of its U.S. semiconductor production.
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Cullen/Frost: Q1 Earnings Snapshot Cullen/Frost Bankers Inc. (CFR) on Thursday reported first-quarter net income of $116 million. The bank, based in San Antonio, said it had earnings of $1.77 per share. The results surpassed Wall Street expectations. The average estimate of seven analysts ...
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Gigantic Stratolaunch aircraft makes 2nd test flight MOJAVE, Calif. — The gigantic Stratolaunch aircraft flew Thursday for its second time, taking to the skies over the Southern California desert. The six-engine jet with the world's longest wingspan took off from Mojave Air and Space Port two years after its ...
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Law Firms Representing Purdue Pharma Agree to Relinquish $1 Million in Settlement with US Trustee Program The Department of Justice's U.S. Trustee Program (USTP) has entered into a settlement with three law firms representing Purdue Pharma (Purdue) in its ongoing bankruptcy cases. The firms are Skadden, Arps, Slate, Meagher & Flom LLP; Wilmer Cutler ...
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Is JetBlue's IFE Personalization Creepy? JetBlue is getting quite a bit of criticism for its attempt to personalize seatback entertainment screens. While personalization is usually considered to be a positive, perhaps this is where it crosses the line. In this post: JetBlue TV screens greet you by name ...
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Uber begins nationwide car rental option for customers (WKOW)-- Uber Technologies, Inc. is kicking off its new nationwide car rental program, calling it "Uber Rent." The new program will offer cars from rental brands like Avis & Hertz. Uber says the prices will be set by the rental car service, but the company does ...
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