GameStop, Dexcom, Cano Health and more

GameStop, Dexcom, Cano Health and more

Traders work on the floor of the New York Stock Exchange (NYSE) under GameStop signage in New York City, August 8, 2022. andrew kelly | Reuters Check out the companies making headlines Thursday at noon. GameStop – Shares of the video game retailer and meme stocks jumped more than 8% even after the company reported … Read more

The Ministry of Justice asks the bankers to confess their misdeeds

The Ministry of Justice asks the bankers to confess their misdeeds

U.S. Attorney Marshall Miller (C), William Nardini (R) and Kristin Mace attend a news conference in Rome February 11, 2014. Tony Nice | Reuters Banks and other businesses that proactively report possible employee crimes to the government instead of waiting to be discovered will benefit from more lenient terms, according to a Justice Department official. … Read more

Ciena, GameStop, Rent The Runway and others

Ciena, GameStop, Rent The Runway and others

Check out the companies making headlines before the bell: Respect (CIEN) – The networking equipment maker’s stock jumped 19.1% after surging revenue and net income in its latest quarter. Ciena earned an adjusted 61 cents per share for its latest quarter, versus a consensus estimate of 8 cents. The company also said it expects “outsized” … Read more

Hong Kong shares rise around 3% after reports say city plans to ease Covid rule

Hong Kong shares rise around 3% after reports say city plans to ease Covid rule

China’s National Health Commission issues guidelines for treating Covid at home Chinese health authorities announced guidelines on Thursday to treat Covid patients at home, a day after formalizing a policy that allows most infected patients to quarantine at home, as part of the easing measures in the country. The notice on the National Health Commission … Read more

Hong Kong shares rise nearly 3% after reports say city plans to ease Covid rule

Hong Kong shares rise around 3% after reports say city plans to ease Covid rule

Hong Kong plans to scrap outdoor mask rules: report Fitch expects house prices in Australia and China to fall in 2023 Fitch Ratings expects house prices in Australia to fall significantly by 7% to 10% next year, it said in its latest outlook report. The agency also predicts that house prices in China will fall … Read more

Stock futures were little changed as investors assess the risk of an economic slowdown

Stock futures were little changed as investors assess the risk of an economic slowdown

U.S. stock futures were little changed Wednesday night after a fifth straight day of losses for the S&P 500 as Wall Street gauged the likelihood of a recession. Dow Jones Industrial Average futures gained 15 points, or 0.04%. S&P 500 futures added 0.02%, while Nasdaq 100 futures rose 0.004%. Shares of Rent the track jumped … Read more

Campbell’s Soup, Pinterest, Toll Brothers and others

Campbell’s Soup, Pinterest, Toll Brothers and others

Check out the companies making headlines before the bell: Campbell’s Soup (CPB) – Campbell Soup beat estimates by 14 cents with adjusted quarterly earnings of $1.02 per share. Revenues also beat consensus and the food producer said its results were helped by strong prices, improved productivity and supply chain improvements. Campbell Soup rose 1.2% premarket. … Read more

Stock futures are flat on Tuesday evening

Stock futures are flat on Tuesday evening

Equity futures were little changed on Tuesday night. Futures tied to the Dow Jones Industrial Average rose 36 points, or 0.1%, while S&P 500 and Nasdaq 100 futures each rose 0.1%. In regular trading, the Dow Jones fell more than 350 points, or 1.03%. The S&P 500 and the Nasdaq Composite lost 1.4% and 2% … Read more

Asian markets trade mixed amid recession fears; China to release trade data

Asian markets trade mixed amid recession fears;  China to release trade data

TSMC shares rise after Apple says it will use US-made chips from the Taiwanese company China expects further drop in exports and imports China’s trade data for November is expected to show a further decline in both exports and imports, according to a Reuters poll of economists. Exports are expected to fall 3.5% in November … Read more

Stock futures are up slightly as fears grow over upcoming interest rate hikes

Stock futures are up slightly as fears grow over upcoming interest rate hikes

Stock futures traded lightly late Monday as investors tried to shake off the previous session’s selloff. Dow Jones Industrial Average futures added 35 points, or 0.1%. S&P 500 and Nasdaq-100 futures both gained 0.1%. Monday’s close marked a negative start to the trading week. The Nasdaq Composite led the charge lower, shedding 1.93% to end … Read more