US Markets

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.  

Sturm Ruger & Co. is staffing up in order to meet the “historic surge” in gun demand that has depleted its inventory.

A stock-market pullback is coming, strategists warn.

Asset managers are rushing to launch a new breed of stock-picking exchange-traded fund, only to find that some of the biggest brokerages in the U.S. aren't yet willing to pitch them to clients.

Walmart Inc. reported a disappointing fourth-quarter profit and warned that sales growth would slow in the current fiscal year. 

U.S. equity markets ended mixed as investors kept a watchful eye on the bond market.

The National Association of Home Builders CEO Jerry Howard said Wednesday that although the housing market is currently the “best performing segment of the economy,” continuing regulation of the industry makes builders “really worried” about a potential downturn.

Rising bond yields are taking the steam out of stocks.