Category: Shares
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Stock market today: Asian shares zoom higher, with Nikkei over 42,000 after Wall St sets new records
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Breadcrumbs Path Links PMN Business Article author: Associated Press Ellen Kurtenbach Published on July 11, 2024 • Read for 3 minutes You can save this article by registering for free here. Or log in if you have an account. Article Content Asian stocks advanced on Thursday after a big rally…
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Morphic holding’s CFO and COO sells shares worth over $2.45 million By Investing.com
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In a recent move, Mark Chigerin, the chief financial officer and chief operating officer of Morphek Holdings, Inc. (NASDAQ: ), sold a significant number of the company’s shares. According to the latest filing, Chigerin sold 43,936 shares of common stock at various prices, with the transactions totaling more than $2.45…
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Intuit shares slip as company plans to lay off 10% of global workforce By Investing.com
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(Updated – July 10, 2024 at 9:15 AM EST) gut instinct Nasdaq Inc. (NASDAQ:NASDAQ) plans to lay off about 1,800 employees worldwide, or 10% of its workforce, according to a news release Wednesday. The move is not intended to cut costs, according to the announcement. The company’s shares fell 1.8%…
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Volkswagen shares down after possible Brussels plant closure, profit warning By Reuters
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FRANKFURT (Reuters) – Shares of Volkswagen fell 1.5 percent in early Frankfurt trading after Europe’s largest carmaker issued a profit warning late on Tuesday over accusations related to the possible closure of an Audi plant in Brussels. Volkswagen said the costs of finding an alternative use for the Brussels plant…
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Shares post patchy performance ahead of Powell testimony By Reuters
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(Repeated to add title tag, no change to story content) By Tom Wilson LONDON (Reuters) – Stock markets were mixed on Tuesday as investors waited to see whether U.S. Federal Reserve Chairman Jerome Powell would support an interest rate cut after evidence emerged of a slowdown in the U.S. labor…
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Asia shares firm, euro dogged by French election deadlock By Reuters
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By Wayne Cole SYDNEY (Reuters) – Asian shares rose on Monday as investors grew more confident about a U.S. interest rate cut in September, while the euro faced political uncertainty after French elections signaled a hung parliament. In France, a left-wing coalition unexpectedly took first place, ahead of the far…
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Jeff Bezos to divest $5bn of Amazon shares after stock reaches record high
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Amazon.com Inc. founder and CEO Jeff Bezos is set to sell about $5 billion worth of shares in the e-commerce giant, according to a regulatory filing disclosed after market hours on Tuesday. The announcement comes after Amazon stock hit an all-time high of $200.43 during the trading session. The proposed…
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Meme stock speculation propels Koss shares 25% higher on Friday By Reuters
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By Susan McGee (Reuters) – Shares of headphone maker Koss Corp rose for a second straight session on Friday to close at $13.35 after trading as high as $18.50 earlier in the day, as social media posts speculated that a post by stock influencer Keith Gill signaled his interest in…
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SunPower Shares Slump Amid Financial Misconduct Allegations
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(Bloomberg) — SunPower Corp. shares posted their biggest drop in seven weeks after the troubled company’s accountant resigned amid allegations of misconduct by top executives. Most Read from Bloomberg The company’s shares fell about 18%, their biggest daily drop since May 15, and were trading at $2.20 at 12:58 p.m.…
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Piper Sandler maintains Renasant shares target post insurance subsidiary sale By Investing.com
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On Wednesday, Piper Sandler maintained a neutral rating. Renasant Company (NYSE:NYSE:) with a fixed price target of $33.00. This comes on the heels of Renasant’s recent announcement of the sale of its insurance subsidiary. On July 2, 2024, Renasant Corp. announced the completion of the sale of Renasant Insurance, Inc.…
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Bpost shares touch all-time low as postal group’s profit guidance misses estimates By Investing.com
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Investing.com – Shares of Bpost (EBR:) hit an all-time low on Wednesday after the Belgian postal company unveiled annual earnings guidance that missed expectations. The company said it now expects adjusted earnings before interest and taxes at the group level for the full year of between 165 million euros and…
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BTIG lowers AeroVironment shares target following cautious market response By Investing.com
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On Monday, BTIG revised its price target on the stock. AeroVironment AeroVironment (NASDAQ: ), a defense and aerospace company, cut its stock price to $245 from $255 previously, maintaining a buy rating on the stock. The company’s decision comes on the heels of AeroVironment’s recent investor day event held at…
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Energy stocks boost European shares at open By Reuters
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(Reuters) – European stocks opened higher on Friday, as rising prices lifted energy stocks, but focus was also on the inflation reading in the United States, which may be key in gauging the path of global monetary policy. The European index rose 0.4% by 0710 GMT, after closing lower during…
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South Korea’s Naver-backed Webtoon shares jump about 14% in Nasdaq debut By Reuters
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Written by Arasu Kannagi Basil and Joyce Lee (Reuters) – Shares of online comics platform Webtoon Entertainment surged as much as 14.3% above their initial public offering price in their Nasdaq debut on Thursday. The stock opened at $21.30, giving the company a valuation of $2.71 billion, and traded as…
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Apogee shares rise nearly 4% on upbeat guidance and earnings beat By Investing.com
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MINNEAPOLIS – Apogee (NASDAQ:) Enterprises, Inc. announced today: (NASDAQ: APOG) today reported an impressive first-quarter fiscal 2025 performance with a big beat on its earnings and revenue forecasts, along with elevated full-year earnings expectations. Apogee stock responded positively to the news, rising 3.8%. The company reported first-quarter adjusted diluted EPS…
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Shares of Nvidia surge nearly 7% to lead tech rebound
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There’s a guy on Nvidia right now talking about NVDA at a $6 trillion valuation, and he’s not the kind of guy you see at the bottom… However, today stocks are up almost 7% in a huge rebound that almost erases yesterday’s drop. The rebound came from just above the…
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Bunker Hill Announces Election to Issue Shares in Satisfaction of Debenture Interest Payment Obligations
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This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Posted on June 24, 2024 • 6 minute…