Spirit Airlines Inc. SAVE, +0.18% and Frontier Group Holdings Inc. ULCC, -1.43% said Monday they have agreed to merge in a cash-and-stock deal valued at $6.6 billion including net debt and operating l...
Tag: $SPX
CEO of Self-Driving-Car Firm Luminar Buys Stock
Text size A vehicle with Luminar LiDAR Patrick T. Fallon/AFP/Getty Images Luminar Technologies stock has been slumping, and founder and CEO Austin Russell scooped up the cheaper shares. Luminar (ticke...
Ford Stock Falls After Earnings. What Wall Street Thinks.
Text size Ford’s Maverick in hybrid form, with 37 mpg combined. Ford photo Ford’s fourth-quarter earnings, reported Thursday evening, came in a little light and financial guidance for 2022 didn’...
Biogen’s stock falls 3.7% after announcing earnings, says it brought in $1 million in sales of Alzheimer’s drug in the fourth quarter
An earlier version of this report had the wrong consensus and revenue numbers. It has been corrected. Shares of Biogen Inc. BIIB, -1.92% were down 3.7% in premarket trading on Thursday after the compa...
AbbVie’s stock gains on fourth-quarter earnings as it reports better-than-expected sales of Humira
An earlier version of this report referred to Humana in the headline, not Humira. It has been corrected. Shares of AbbVie Inc. ABBV, +0.08% gained 1.4% in premarket trading on Wednesday after the comp...
Marathon Petroleum stock surges after profit more than doubles expectations, $5 billion added to stock buyback program
Shares of Marathon Petroleum Corp MPC, +3.16% shot up 3.9% toward a more-than three-year high after the oil refiner reported fourth-quarter profit that was more than double what was expected and also ...
Cedar Fair’s stock soars toward more-than 2-year high after confirming SeaWorld’s buyout bid
Shares of Cedar Fun L.P. FUN, +11.94% rocketed 14.7% toward a more-than two-year high in afternoon trading Tuesday, after the amusement park operator confirmed that it had received an unsolicited buyo...
UPDATE: AMC offers Q4 guidance with revenue ahead of consensus but a wider-than-expected loss. stock jump 15%
AMC Entertainment Inc. AMC, +6.64% offered guidance for the fourth quarter on Tuesday, with revenue ahead of consensus but a net loss range that is wider than expected. The company expects revenue of ...
Bears beware. Past corrections for the S&P 500 are only 15% on average, outside of recessions
Even after a rough January for Wall Street, it might take the U.S. economy slipping into a recession before the S&P 500 index risks entering a bear market, according to Oxford Economics. “Equities...
BlackBerry to sell legacy patents to Catapult IP Innovations for $600 million
BlackBerry Ltd. BB, +4.37% said Monday it has entered an agreement to sell legacy patents relating mostly to mobile devices, messaging and wireless networking to Catapult IP Innovations Inc. for $600 ...
Giant Bank Bought Up Apple, Comcast Stock. It Dropped AT&T and Visa.
Text size German banking giant Commerzbank bought up Apple stock in the fourth quarter. Dreamstime A German banking giant made some abrupt changes in its U.S.-traded investments. Commerzbank initiated...
This Is What a Stock-Market Earnings Slowdown Looks Like. Things Could Take a Turn for the Worse.
Text size It’s been a painful time for investors hoping that earnings could drive stocks higher. Even the rallies are stomach-churning. Michael Nagle/Bloomberg Stop me if you’ve heard this one before:...
Visa Stock Is Rising After Earnings Report. May Break Away From Mastercard.
Text size Stock in Visa was up nearly 9% on Friday morning. Roy Rochlin/Getty Images Visa stock achieved its biggest bounce in nearly two years as investors responded to surprisingly strong financial ...
Netflix Co-CEO Reed Hastings Bought $20 Million of Stock
Text size Netflix co-founder and co-CEO Reed Hastings just made his first purchase of the company’s shares on the open market. Henrik Jonsson/Dreamstime.com Netflix ‘s stock has slumped in 2022,...
When to stop investing in the stock market? Wild price swings are shaking the resolve of some: Is it time to bail out of equities and bonds?
Is it time to bail out of stocks and bonds? This isn’t the market that investors likely signed up for back in 2021 when shares in GameStop Corp. GME, +4.69% and movie chain AMC Entertainment Holdings ...
ChargePoint Upgraded by J.P. Morgan. Pullback Could Be a Good Entry Point.
Text size ChargePoint’s pullback could be a good entry point for investors, J.P. Morgan says. Dania Maxwell/Bloomberg ChargePoint Holdings shares were up Friday after J.P. Morgan upgraded its ra...
Opinion: The 60%-40% portfolio will deliver anemic returns over the next decade — here’s how to adapt
We have entered a new paradigm of anemic return expectations for traditional asset-allocation models. The prospects of a lost decade ahead are uncomfortably high for portfolios that are 60% invested i...
Comcast, Chevron, and 7 More Companies That Just Boosted Their Stock Dividends
Text size Comcast raised its dividend this week. Jeff Fusco/Getty Images for Comcast Chevron , Comcast , and Kimberly-Clark were among the many U.S. companies that declared dividend increases this wee...
Tesla Reported Record Profits. Its Stock Was Punished. It’s a Better Buy Than GM or Ford.
Text size The reaction to Tesla’s fourth-quarter earnings report was the worst to an earnings beat in its history. David Paul Morris/Bloomberg What the heck just happened to Tesla stock? Its shares go...
Opinion: AT&T and 4 more unloved dividend stocks to buy in a ‘risk-off’ era
With stocks off to one of their worst starts to the year since the 2008-2009 financial crisis, it’s no longer crazy to talk about a sustained period of market volatility or a prolonged “risk off” envi...