Cowen shares rally on stronger-than-expected profit
Cowen Inc. rose 5.8% on Friday after the investment bank and brokerage company said its first-quarter net income fell to $33.3 million, or $1.05 a...
Amazon’s stock suffering biggest selloff in more than 10 years, is wiping out $183 billion in market cap
Shares of Amazon.com Inc. tumbled 12.5% in morning trading Friday, enough to pace the S&P 500's losers, after the ecommerce giant reported a surprise first-quarter...
Walmart launches swim and activewear brand, Love & Sports
Walmart Inc. announced the launch of a new exclusive brand, Love & Sports, created with fashion designer Michelle Smith and indoor cyclist Stacey Griffith. Items...
Moderna files for authorization of its COVID-19 vaccine in young children in Europe
Shares of Moderna Inc. said Friday that it asked the European Medicines Agency to authorize its COVID-19 vaccine for use in children between the ages...
Dow tumbles more than 900 points Friday, Nasdaq books worst month since 2008 crash
Stocks tumbled into the closing bell Friday, with all three major equity indexes shedding more than 2.7% to end an ugly week and month on...
Biden says he’s not considering cancellation of $50,000 in student debt per borrower
President Joe Biden on Thursday offered additional information on his administration's next steps with student loans, after Senate Majority Leader Chuck Schumer, the New York...
AGCO declares special dividend and raises regular dividend, to boost the implied yield to nearly triple the S&P 500
Shares of AGCO Corp. rose 0.3% in midday trading Thursday, after the the maker of agricultural machinery declared a "variable" special dividend of $4.50 a...
Oil ends higher after report Germany prepared to end Russian crude purchases
Oil futures finished higher Thursday after The Wall Street Journal reported that Germany had dropped its opposition to a European Union ban on purchases of...
Netflix stock bounces, after suffering the worst 6-day stretch in its 20-year history
Shares of Netflix Inc. bounced 6.6% in afternoon trading Thursday, after the streaming video company suffered its worst six-day stretch on record. The stock had...