BUSINESS/FINANCE NEWS
Setup News Ticker
   BUSINESS/FINANCE NEWS
Searching for 'Stocks Watch'. (Return)

MarketWatch MarketPulseFeb 25, 2021
Stock-market futures and oil hold steady as U.S. launches attack against Iran-backed militia in Syria
U.S. stock-market index and oil futures Thursday night were seeing muted moves amid news that the Biden administration had launched airstrikes in Syria, targeting facilities near the Iraqi border used by Iranian-backed militia groups. Futures for the Dow Jones Industrial Average were down less than 0.1% at 31,364, those for the S&P 500 index were also off less than 0.1% at 3,827.75, while Nasdaq-100 futures were down 0.4% at 12,787.50. The strikes were retaliation for a rocket attack in Iraq earlier in February that killed one civilian contractor and wounded a U.S. service member and other coalition troops, according to the Pentagon, the Associated Press reported. U.S. crude-oil futures were off 0.7% at $63.04 a barrel and global benchmark Brent crude was trading 0.9% lower at $65.59 a barrel on Globex. Equity markets on Thursday ended sharply lower amid a rapid rise in bond yields, with the 10-year Treasury note touching around 1.6%, undercutting appetite for assets percieved as risky like stocks against risk-free government debt. On Thursday, the Dow booked its steepest one-day slide since Jan. 29, the S&P 500 index closed down 2.5% to mark the biggest daily slump in three weeks and the Nasdaq Composite Index ended the session off 3.5% to mark its worst day since October.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



MarketWatch MarketPulseFeb 25, 2021
Pfizer: FDA eases ultra-low temperature requirements for COVID-19 vaccine
Pfizer Inc. said late Thursday the U.S. Food and Drug Administration is allowing the company "more flexible" storage and transportation conditions for its and BioNTech's [s:bntx] COVID-19 vaccine. The FDA will allow undiluted, frozen vials of the vaccine to be transported and stored at temperatures commonly found in pharmaceutical freezers for a period of up to two weeks, the company said. That's an alternative constrasting with the "preferred" storage of the undiluted vials in ultra-low temperature freezers. "This alternative temperature for transportation and storage of the undiluted vials is significant and allows the vials to be transported and stored under more flexible conditions. The alternative temperature for transportation and storage will help ease the burden of procuring ultra-low cold storage equipment for vaccination sites and should help to get vaccine to more sites," the FDA said in the statement. Shares of Pfizer lost 0.4% in the extended session Thursday after ending the regular trading day up 0.2%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



MarketWatch MarketPulseFeb 25, 2021
Virgin Galactic names Doug Ahrens CFO, replacing Jon Campagna who is stepping down after IPO
Virgin Galactic Holdings Inc. said Thursday it has named Doug Ahrens chief financial officer, replacing Jon Campagna, who is stepping down after the company's move from the private market to the public one. Ahrens was most recently CEO of Mellanox, a semiconductor company, and has done stints at GlobalLogic, Maxim Integrated Products, Intel Corp. and Chevron Corp. Shares of the space travel company were down 1.8% premarket, but have gained 35% in the last 12 months, while the S&P 500 has gained 22%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



MarketWatchFeb 25, 2021
Market Extra: Why is GameStop soaring again? How an options-buying frenzy is providing another jolt to ‘meme' stocks
Investors are taking another run at GameStop Corp. and other 'meme' stocks by aggressively buying out-of-the-money call options. Here's how it works.

MarketWatch MarketPulseFeb 25, 2021
: Farfetch stock drops as better-than-expected results follow 500% price surge
Farfetch Ltd. FTCH shares fell in the extended session Thursday as the luxury retailer reported quarterly earnings following a huge run-up in share price from a year ago. Farfetch shares dropped 10% after hours, following a 4.2% decline to close the regular session at $63.81. Farfetch shares have soared more than 500% over the past 12 months. The company reported a fourth-quarter loss of $2.28 billion, or $6.53 a share, compared with a loss of $110.1 million, or 34 cents a share in the year-ago period. Excluding a $1.89 billion loss on "embedded derivate liabilities" because of the company's increase in share price and other items, the company reported an adjusted loss of 6 cents compared with a loss of 8 cents a share in the year-ago quarter. Revenue rose to $540.1 million from $382.2 million in the year-ago period. Analysts surveyed by Factset had expected an adjusted loss of 13 cents a share on revenue of $518.1 million.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



MarketWatchFeb 25, 2021
Market Snapshot: Dow tumbles 560 points for worst percentage fall in 3 weeks as bond yields surge
Stock-market benchmarks finished sharply lower Thursday, with rising yields putting further pressure on once-highflying tech stocks.
TRENDING TAGS
StockGameStop market Today bond earnings
EarningsQ4 Call Transcript INC stock
MarketStock Dow Yields bond Stocks
BidenOrder supply Executive Capitol Report
StocksGameStop bond yields making biggest
businessHow Chicago Dow Jones Market
Yieldsbond Treasury stocks Dow Market
DowDown points Market Futures Yields
COVID-19Vaccine Johnson FDA cases million
Wageminimum Costco Hour Senate raise

NEWS SOURCES
Top News (Business News)
Accounting Today
AdWeek News
Banking Business Review
Barron's This Week Magazine
Barron's Up and Down Wall Street Daily
Brad Ideas
Chicago Tribune Business News
CNBC Business
CNBC Economy
CNBC Finance
CNN/Money
CNN/Money Real Estate News
Dismal.com: Analysis
Dismal.com: Indicators
Enterprise Application News
Entrepreneur.com
Forbes Headlines
Forbes Social Media News
FT.com - China, Economy & Trade
FT.com - Financial Markets
FT.com - Hedge Funds
FT.com - Telecoms
FT.com - US
Google Business News
Google Market News
HBS Working Knowledge
Inc.com
INSEAD Knowledge
International Tax Review
Kiplinger
Knowledge@Wharton
L.S. Starrett News
MarketWatch
MarketWatch Breaking News
MarketWatch MarketPulse
McKinsey Quarterly
MSNBC.com: Business
Nielsen Trends
NonProfit Times
NPR Topics: Business
NYTimes Business
OpinionJournal.com
Private Equity Breaking News
Reuters Business
Reuters Company News
Reuters Money
SEC.gov Updates: News Digest
SHRM HR News
Tax Policy News
The Economist International News
The Motley Fool
USA Today Money
Wall Street Journal US Business
Wall Street Transcript
Washington Post Business
WSJ Asia
WSJ Europe
WSJ MoneyBeat
WSJ Opinion
WSJ US News
WSJ World Markets
Yahoo Business
  • CEOExpress
  • 1 Boston Place | Suite 2600
    Boston MA 02108
  • Contact
  • As an Amazon Associate
    CEOExpress earns from
    qualifying purchases.

©1999-2021 CEOExpress Company LLC