Category: HEADLINES

Headlines NEWS for Finance and investing

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Skyworks, Silicon Labs shares rise after companies announce $2.75B deal

Shares of Skyworks Solutions Inc. SWKS, -1.71% and Silicon Laboratories Inc. SLAB, -2.23% rose in the extended session Thursday after…

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Dow ends more than 300 points lower, sunk by talk of higher capital gains tax rate for wealthy investors

Stocks ended lower Thursday, falling in afternoon action after Bloomberg News reportedthat President Joe Biden would propose a near doubling…

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Chubb ‘disappointed’ that Hartford decided not to respond to unsolicited buyout proposals

Chubb Ltd. CB, +1.07% issued a statement Thursday regarding the unsolicited buyout proposal it made to insurer Hartford Financial Services…

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Swiss regulator opens enforcement proceedings against Credit Suisse over Archegos

The Swiss Financial Market Supervisory Authority (FINMA) said Thursday that it has “opened enforcement proceedings” against Credit Suisse CS, +0.87%…

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Qualtrics reports record revenue, earnings beat

Shares of Qualtrics International Inc. XM, -0.06% were up 6%in extended trading Wednesday after the maker of employee-engagement technology disclosed…

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AutoZone pulls back from record after BofA analyst turns bearish, citing lack of DIFM exposure

Shares of AutoZone Inc. AZO, -1.82% fell 1.2% in afternoon trading Wednesday, to pull back from the previous session’s record…

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Affirm to purchase Returnly in $300 million deal

Affirm Holdings Inc. AFRM, +0.89% plans to acquire Returnly, the company announced Wednesday. The deal has a total cash and…

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Intuitive Surgical stock rises on earnings beat

Intuitive Surgical Inc. ISRG, -0.01% shares rose in the extended session Tuesday after the surgical-robotics equipment company’s quarterly results topped…

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API reports a weekly climb of less than 1 million barrels in U.S. crude supplies, sources say

The American Petroleum Institute reported late Tuesday that U.S. crude supplies rose by 436,000 barrels for the week ended April…

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Oil futures finish with a loss on record India COVID-19 infections, news on anti-OPEC bill

Oil futures finished lower on Tuesday, as India’s struggle to curb COVID-19 infections raised concerns about the nation’s economy and…

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Boeing raises standard retirement age for CEO Calhoun to 70; CFO Smith to retire

Boeing Co. BA, -1.62% said Tuesday it has raised its “age-65 standard retirement” for Chief Executive David Calhoun to age…

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Southern Co. boosts dividend to keep yield well above its peers

Southern Co. SO, -0.14% said Monday it was raising its quarterly dividend by 3.1%, to 66 cents a share from…