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Communications Services Down as Netflix Slides — Communications Services Roundup
Communications services companies fell after Netflix's earnings lagged expectations. AMC Entertainment is ending a plan…
Utilities Up on Defensive Bias — Utilities Roundup
Shares of power producers rose as traders rotated into defensive sectors in light of disappointing…
TortoiseEcofin Acquisition Executes LOI for Business Combination in Renewable Power
By Brenda León TortoiseEcofin Acquisition Corp. III said Thursday it has executed a new non-binding…
W.R. Berkley 2Q Profit Doubles, Combined Ratio Worsens
By Sabela Ojea W.R. Berkley on Thursday said net income nearly doubled in the second…
H.B. Fuller to Close Three Manufacturing Sites Following Beardow Adams Acquisition
By Denny Jacob H.B. Fuller on Thursday said it will close three manufacturing facilities and…
Mainland Investors’ $1 Billion Bet On Hong Kong Stocks, Week In Review
Week in Review Asian equities were mostly mixed this week, led by measures of government…
Why Tesla Stock Is Down 9.7% Again After Earnings Beat Estimates
Tesla beat the Street by earning 91 cents a share in the second quarter. Shares…
Trump-Linked SPAC Stock Soars 30% After Striking Fraud Charges Deal
The stock of Digital World Acquisition Corp.—a special purpose acquisition company that had plans to…
AMC Entertainment Drops Plan to Charge More for Seats
AMC Entertainment Holdings said Thursday it wasn’t moving forward with a controversial rollout of premium-priced…
Travelers Stock Rises Despite Losses. What It Says About Insurance Investing.
Unusually high catastrophe losses left The Travelers, a New York-based property and casualty insurer, in…
Home Sales Are Slumping. What It Will Take to Revive Them.
The housing market slumped in the first half. It could take big changes to get…
Tesla Q2 Earnings – It’s About Margins
After the strong rally, it appears the market is taking profits on commentary around the…
Paint and coatings maker PPG Industries warns of ‘continued tepid’ industrial demand and lower home sales, and stock falls
Paint and coatings maker PPG Industries Inc. PPG, -0.36% on Thursday reported second-quarter results that…
COVID pandemic is officially over in the U.S., excess-deaths data show
The COVID-19 pandemic is definitively over, according to two recent reports focused on the same…
Ninja Creami maker SharkNinja plans to offer 138 million shares in upcoming separation from parent JS Global
Small-appliance maker SharkNinja Inc. said in a filing Thursday it plans to sell 138 million…