Articles

Market Snapshot: S&P 500 futures stall ahead of inflation data and Fed minutes

The latest rally in U.S. stock futures stalled as traders eyed a busy few days containing inflation updates and the start of the corporate earnings season.

: Dialysis company shares plunge after Ozempic trial success vs. kidney trouble

The trial success of Novo Nordisk's hit drug against kidney failure sent shares of a German kidney dialysis services firm plummeting on Wednesday.

: Walgreens reportedly will name Tim Wentworth its new CEO

In interviews with the Wall Street Journal and Bloomberg News, Wentworth -- the former CEO of pharmacy-benefits manager Express Scripts -- said he will take over Walgreens' top spot.

Dow Jones Newswires: Samsung expects third-quarter operating profit to sink 78% on year

Samsung Electronics expects its third-quarter operating profit to fall 78% from a year earlier, which would miss market expectations, as its flagship semiconductor business is seen as still struggling to exit an industry downturn.

Dow Jones Newswires: 23andMe says some customer profiles were accessed in cybersecurity breach

23andMe said that the profile information of some customers was accessed without their permission by a third party.

Dow Jones Newswires: CleanCore Solutions files for IPO

CleanCore Solutions has filed for an initial public offering with the Securities and Exchange Commission.

Dow Jones Newswires: Qantas chairman to step down as airline seeks to repair its reputation

Australia's biggest airline, Qantas Airways, said Chairman Richard Goyder and other board members would step down as the company seeks to repair its battered reputation among customers.

IPO Report: Birkenstock said to price IPO at $46 a share, at low end of range

German sandal maker Birkenstock has reportedly priced its initial public offering at $46 a share, on the low end of its expected range, as investors remain cautious about new public debuts.

: Family Dollar recalls dozens of P&G, J&J, Colgate products in 23 states due to incorrect temperature storage

Family Dollar voluntarily recalled dozens of OTC drugs and medical devices sold at its stores because they had been stored at improper temperatures.

The Tell: Bruising Treasury bond selloff is looking long in the tooth, says Deutsche Bank strategist

A rout in Treasury bonds that has helped trample stocks and revive recession fears in the U.S. took a breather on Monday, as long-dated Treasury yields recorded their biggest pullback since March.

The Ratings Game: Block’s stock has seen a ‘massive pullback,’ but BofA predicts more than 50% upside from here

Block shares have seen a "massive pullback" since the end of July, but a BofA analyst predicts a buying opportunity in the payment-technology name.

The Fed: Fed’s Kashkari says recent run-up in longer-term bond yields is ‘a little bit perplexing’

Minneapolis Fed President Neel Kashkari said Tuesday that the runup in the 10-year Treasury yields is 'a little bit perplexing,'
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