CVS, Rite Aid and other pharmacy stocks were under pressure on Tuesday morning after Amazon’s newest venture was announced.
Schlagwort-Archiv: CNBC
Top Goldman dealmaker Lemkau is leaving the bank to helm $15 billion investment firm linked to Dell fortune
Gregg Lemkau, known as one of the top mergers bankers on Wall Street, has advised on hundreds of transactions since joining the bank in 1992.
Stocks making the biggest moves in the premarket: Home Depot, Tesla, Amazon, Baidu & more
The stocks making the biggest moves in premarket trading include Home Depot, Tesla, Amazon, Baidu, and more.
Full impact of pandemic on Europe’s banks won’t be clear until 2021, official says
The fallout from the Covid-19 pandemic on Europe’s financial institutions will become more apparent in coming months, according to a senior banking official.
U.S. ETF market tops $5 trillion in assets as investors stampede into stocks on vaccine hopes
The ETF industry in the U.S. surpassed $5 trillion in assets under management last week, a new record.
Dow futures extend losses, now down 250 points after weaker-than-expected retail sales
On Monday, the Dow and S&P 500 posted all-time closing highs. The Dow also notched an intraday record. Those gains came after Moderna released trial data.
U.S. companies with China operations look to the Asian giant for growth
The disparity in economic recovery is giving multinational companies with China operations some pressure to carry more weight for the company overall.
Walmart earnings top expectations as customers’ new shopping habits send e-commerce sales soaring 79%
Walmart’s U.S. e-commerce sales soared by 79% in the third quarter, as customers continued to shop online during the coronavirus pandemic.
Kohl’s sales fall 13% as shoppers shift spending away from apparel
Kohl’s on Tuesday reported a 13.3% decline in quarterly sales, as the coronavirus pandemic limited the number of people visiting its stores to buy clothes, shoes and beauty items.
Home Depot earnings beat as shoppers focus on home, retailer to make pandemic pay raises permanent
Home Depot reported third-quarter earnings that beat estimates as consumers continued to focus on home improvement during the pandemic.