Pfizer closes $6.7 billion acquisition of Arena Pharmaceuticals
Shares of Pfizer Inc. were up 2.0% in trading on Friday after the company said it closed its $6.7 billion acquisition of Arena Pharmaceuticals Inc....
Philip Morris suspends investment and activities in Russia, to scale back manufacturing there
Philip Morris International Inc. said Wednesday it is suspending all investment in Russia following its invasion of neighboring Ukraine, joining a growing list of companies...
Qualcomm raises dividend, to lift implied yield to nearly 2%
Shares of Qualcomm Inc. rallied 2.6% in premarket trading Wednesday, after the semiconductor and digital telecommunications services company said it will raise its dividend by...
Papa John’s suspended all Russia operations, will stop supporting Russia market for franchisees
Papa John's International Inc. said Wednesday it has suspended all of its corporate operations in Russia, as the pizza restaurant chain condemns Russia's invasion of...
Dow jumps over 600 points in early trade as oil prices back off nearly 14-year highs
U.S. stocks opened with sharp gains Wednesday, finding support as oil futures pulled back from nearly 14-year highs while investors monitor developments in the Russia-Ukraine...
Chevron’s stock heads for first drop in 9 days, as crude oil prices pull back
Shares of Chevron Corp. dropped 2.6% in morning trading Wednesday, putting them on track to snap a long losing streak, as hopes for some easing...
State Street to collaborate with Copper.co as it looks to launch ‘institutional grade’ digital asset custody offering
Shares of State Street Corp. surged 5.3% in morning trading Wednesday, after the provider of banking and trust services announced a collaboration with U.K.-based Copper.co...
EIA reports weekly declines in U.S. crude, gasoline and distillate supplies
The Energy Information Administration reported on Wednesday that U.S. crude inventories fell by 1.9 million barrels for the week ended March 4. On average, the...
UPDATE: U.S. congressional committee is asking DoJ to investigate Amazon for possible criminal obstruction of Congress: WSJ
A U.S. congressional committee is asking the Justice Department to investigate Amazon.com Inc. and some of its executives for a potential criminal obstruction of Congress,...