EIA reports an 8 million-barrel weekly decline in U.S. crude supplies
The Energy Information Administration reported on Wednesday that U.S. crude inventories fell by 8 million barrels for the week ended April 15. The EIA was...
Stericycle to pay $90 million to resolve anti-corruption investigations with U.S., Brazil authorities
Shares of Stericycle Inc. rose 1.1% in midday trading Wednesday, after the waste management services company agreed to pay $90 million to resolve anti-corruption investigations...
Sonoco Products raises dividend, boosting yield to more than double that of the S&P 500
Shares of Sonoco Products Co. rose 1.2% in midday trading Wednesday, after the protective packaging company said it raised its quarterly dividend by 8.8%, to...
Raymond James analyst doesn’t expect Arcturus’ COVID-19 vaccine to be authorized in the U.S.
Shares of Acturus Therapeutics Holdings Inc. were down 2.3% in trading on Wednesday after the company said two doses of its experimental COVID-19 vaccine had...
Gold futures tally a second straight session loss
Gold futures declined Wednesday for a second consecutive session to mark another settlement at their lowest since April 11. Prices for the precious metal went...
Few Starbucks customers will stop visiting if union efforts fail, analyst survey shows
BTIG analysts surveyed 1,000 Starbucks Corp customers and found that only 4% planned to stop visiting the coffee purveyor if negotiations with unions fail to...
Tesla stock-option ‘straddle’ priced for post-earnings move of more than $66
A stock-options strategy known as a "straddle" on Tesla Inc.'s stock is priced Wednesday for a one-day, post-earnings move of $66.56, according to data provided...
U.S. oil futures settle with a modest gain as traders weigh demand prospects, drop in U.S. supplies
U.S. oil prices posted a modest gain on Wednesday, finding some support following data from the Energy Information Administration, which showed a weekly drop of...
Rite Aid’s stock rockets after the New York Post reported it rejected a buyout bid at a hefty premium
Shares of Rite Aid Corp. rocketed as much as 38.5% intraday before paring gains to be up 18.7% in very active afternoon trading Wednesday, after...