Shares of Groupon Inc. are up 5.9% in premarket trading Friday after the discounting platform showed progress on profits in its most recent quarter. The company posted net income of $78.1 million, or $2.36 a share, whereas it lost $16.3 million, or 57 cents a share, in the year-earlier...
Shares of Universal Display Corp. OLED, -5.51% are off 5% in morning trading Friday after the maker of display technologies reported lower-than-expected results for its most recent quarter and reiterated a full-year forecast that some analysts said hinted at near-term challenges. In its Thursday afternoon earnings report, the company...
Revlon Inc. shares rose 5% in Friday trading after the beauty company reported narrower-than-expected third-quarter losses. Net losses totaled $50.2 million, or 98 cents per share, after a loss of $39.5 million, or 83 cents per share, last year. Sales of $521.1 million were up from $477.1 million...
President Joe Biden on Friday indicated that his administration has pre-ordered Pfizer Inc.'s PFE, +10.86% oral antiviral Paxlovid. "Last night, we received promising news about another potent potential COVID treatment, a pill developed by Pfizer that may dramatically reduce the risk of being hospitalized or dying when taken shortly...
Kroger Co. KR, -2.53% confirmed that an early Friday news release pushed out on PR Newswire saying the company would accept Bitcoin Cash in the coming weeks was "fraudulent." The release, which included details about the fake program and false statements from Kroger executives, has since been removed from...
Shares of Merck & Co. MRK, -9.86% tumbled 9.5% in midday trading Friday, putting them on track to suffer the biggest one-day drop since January 2005, after Pfizer Inc. PFE, +10.86% released data on a pill to treat COVID-19 that showed greater efficacy than Merck's. The stock's price decline...
Baker Hughes BKR, -0.56% on Friday reported that the number of active U.S. rigs drilling for oil rose by six to 450 this week. That was the biggest increase since the week ended Oct. 15, Baker Hughes data show, though the latest weekly climb followed a slight rise of...
Shares of Google parent Alphabet Inc. GOOGL, +0.39% GOOG, +0.38% briefly passed $3,000 for the first time ever on Friday, and the company crept closer to joining the $2 trillion market-valuation club with Microsoft Corp. MSFT, -0.11% and Apple Inc. AAPL, +0.36%. Google shares are currently trading at $2,990.02....
Gold futures on Friday marked their highest settlement since early September as U.S. Treasury yields declined in the wake of a better-than-expected rise in October U.S. nonfarm payrolls. The strong jobs report "does not change the message that the sent this week that they will not commit to...
McAfee Corp. MCFE, +20.04% shares jumped late in Friday’s regular session following a report that private-equity firm Advent International Corp. was close to a more than $10 billion deal to buy out the cybersecurity firm. McAfee shares shot to an intraday high of $26.39 for a 24% gain...