US Markets

Salesforce.com Inc. posted record sales and lifted its outlook for the current year as the business software provider benefits from a broader embrace during the pandemic of software services among enterprise customers.

Rep. John Yarmuth purchased up to $60,000 worth of stock in cannabis producers while at the same time supporting decriminalization of the drug.  

Selling picked up in U.S. equity markets Thursday afteroon as traders weighed continued improvement of the economy and a sharp rise in bond yields. 

Pandion’s lead drug candidate, PT101, last month met its main goals of safety and tolerability in an early-stage trial in patients with autoimmune diseases.

The rally in bank stocks that has been propelled by inflation fears and a steepening yield curve has come too far, too fast, according to one Wall Street analyst.

U.S. stocks staged midday comeback.

Sales of retailers that sell discretionary items have remained pressured since the onset of the pandemic, as declining income among households have prompted people to cut their spending on dresses and suits.

The company has launched a search for Bell's permanent replacement, noting that they are seeking a CFO with "the capabilities and qualifications to help accelerate GameStop’s transformation." The search, which will evaluated both internal and external candidates, is being conducted by a "leading executive search firm." 

U.S. equity markets staged a dramatic comeback Tuesday with the Dow Jones Industrial Average ending just shy of a record high after Federal Reserve Chairman Jerome Powell reassured investors the central bank would continue to support the economy and that inflation would remain in control.

The upbeat outlook from the U.S. retailer follows better-than-expected sales in the holiday quarter as stimulus checks and strong online demand eased the blow from the health crisis.

The company's same-store sales jumped 24.5% in the fourth quarter ended Jan. 31, beating analysts' average estimate of an 18.9% increase.

U.S. equity markets finished mixed Monday as tech shares pulled back on valuation concerns and cyclicals gained.

GameStop Corp. shares surged Monday after the investor Keith Gill doubled his stake in the video game retailer.

People’s United shareholders will receive 0.118 of a share of M&T common stock for each share they own. People’s United shareholders will collectively own approximately 28% of the combined business.

Bridgewater Associates is shuffling its management ranks after one of the most challenging years in the hedge-fund giant’s history.

U.S. equity markets ended the day and week mixed.

Roku chief executive Anthony Wood calls his company's purchase of Quibi short-form video content "cost-effective," hinting in a quarterly earnings call Thursday that Roku would consider other reasonably priced acquisitions.

Billionaire investor Carl Icahn has signaled an interest in making a large purchase of voting shares from one of the country’s largest electric utilities, which is currently under investigation for its role in an Ohio bribery scandal.

A financial transaction tax would not have prevented the stock-market dislocations caused during the GameStop trading frenzy, according to Congressional testimony.

U.S. equity markets pared their losses Thursday after the Biden administration declined to shoot down a report indicating an additional stimulus package could follow the president's $1.9 trillion proposal.