BREANNA HANLEY/THE EXPRESS One of the distinctly differently decorated windows is pictured. LOCK HAVEN — Though their shop has been soft-opened for a short time now, Ali Arico and Aly Di Costanzo are hosting the grand opening of their shop: Two Maidens Tea Room and Cafe. Today, Saturday, Sunday and […]
Today
Torrent Pharma, Cipla: Ahmedabad-based Torrent Pharmaceuticals has likely submitted a non-binding bid to acquire the stake of promoters of pharma major Cipla, reports CNBC-TV18 quoting sources. Torrent Pharma may decide on a binding offer in the coming weeks. According to the news report, the company is also holding talks with […]
Public Ventures President and chief market strategist Lou Basenese says Meta’s tactic to convert existing users to its various apps is a ‘testament’ to the network’s power but explain’s why it is not that impressive on ‘Varney & Co.’ Meta CEO Mark Zuckerberg on Sunday said he was “ready today” […]
It’s common for many investors, especially those who are inexperienced, to buy shares in companies with a good story even if these companies are loss-making. But the reality is that when a company loses money each year, for long enough, its investors will usually take their share of those losses. […]
Geron Corporation (NASDAQ: GERN) submitted a marketing application with the FDA seeking approval for imetelstat for the treatment of transfusion-dependent anemia in adult patients with low- to intermediate-1 risk myelodysplastic syndromes who have failed to respond or have lost response to or are ineligible for erythropoiesis-stimulating agents. The submission is based […]
Gannett (GCI), the United States’ largest newspaper publisher by circulation, has joined a handful of domestic and overseas regulators in claiming that Google’s (GOOG, GOOGL) online ad tech empire is an illegal monopoly. In a civil lawsuit filed in Manhattan federal district court on Tuesday, the publisher alleges that the […]
The global collective of Gen Z VCs, founders, angel investors, start-up enthusiasts, & aspiring VCs convene in Chicago for the return of national event, Future-of-Chicago Summit 2023, by Gen Z VCs CHICAGO, June 9, 2023 /PRNewswire/ — World Business Chicago, the city’s economic development agency, joined national organization Gen Z […]
US stocks closed lower Wednesday as investors kept a watchful eye on the prospects for the debt-limit deal in an expected House floor vote. Meanwhile, strong US jobs data and China’s economic woes pressured global markets. The S&P 500 (^GSPC) fell 0.60% while the Dow Jones Industrial Average (^DJI) dipped […]
Stocks surged higher on Friday after a strong May jobs report and news late Thursday that the Senate passed the debt ceiling bill eased fears over a US debt default and a marked slowdown in the economy. The S&P 500 (^GSPC) rose 1.45% while the Nasdaq Composite (^IXIC) popped 1.07%. […]
NEW YORK — Technology stocks powered solid gains for Wall Street on Friday after another chipmaker reported strong demand related to artificial intelligence. The upbeat finish to the week for major indexes comes amid lingering anxiety over persistently high inflation, the risk of a U.S. debt default and broadly weak […]
A Real Estate Investment Trust (REIT) is a company that owns, operates, or finances income-generating real estate. REITs provide investors with an opportunity to invest in real estate without directly owning properties, offering advantages such as regular income through dividends, portfolio diversification, potential tax benefits, professional management, and liquidity through […]
Wall Street is having fearful flashbacks to 2015, the last time a political standoff over the nation’s borrowing limit caused the Treasury to postpone one of its regular monthly auctions of long-term debt. Bloomberg’s Liz Capo McCormick reports. NEW YORK — Wall Street fell again Wednesday as stocks tumbled […]
Stocks surged higher Friday afternoon as investors waited for developments from Washington, D.C. on the debt-ceiling deliberations and digested the latest corporate earnings as a new wave of AI optimism boosted tech stocks. All three major indexes ended the trading day higher with the Nasdaq pacing gains. The S&P 500 […]
Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Google shares are trading higher Thursday amid continued AI momentum, along with reports of Google phasing out third-party cookies for 1% of the users of its Chrome browser in the first quarter of 2024. The Big Tech firm reiterated its pledge to phase out third-party cookies in Chrome more […]
U.S. stocks tumbled on Tuesday as the fallout from First Republic Bank’s (FRC) failure continued to hit bank stocks and the Federal Reserve began its two-day meeting. The S&P 500 (^GSPC) closed 1.16% lower, while the Dow Jones Industrial Average (^DJI) tumbled more than 300 points, or 1.08%. The technology-heavy […]
U.S. stocks closed mixed on Wednesday following strong quarterly results from Microsoft (MSFT) and Alphabet (GOOGL) that kicked off a big tech earnings bonanza this week. Investors were also hit with a fresh wave of concern about the health of regional banks. The S&P 500 (^GSPC) closed down 0.39% as […]
Shares of PacWest Bancorp (NASDAQ: PACW) are trading higher amid a rebound after the stock fell over 50% when the bank issued an update this week confirming reports it was weighing strategic options. What Happened? PacWest Bancorp on Wednesday issued a business update, confirming reports indicating it was weighing strategic options. The bank […]
Arconic Corp (NYSE: ARNC) has agreed to be acquired by funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO) for $5.2 billion and also reported its first-quarter FY23 results. Arconic shareholders will receive $30.00 per share in cash, a premium of ~36% to its undisturbed closing stock price on February 27, 2023. “This transaction […]
NEW YORK — Wall Street tumbled Tuesday to its worst day in a month on worries about the strength of corporate profits and the economy following some mixed reports. The S&P 500 fell 1.6% to break out of a weekslong lull. The Dow Jones Industrial Average dropped nearly 345 points, […]
Vanguard S&P 500 ETF (NYSE: VOO) is trading higher today. The ETF has the highest exposure to Apple Inc (NASDAQ: AAPL), followed by Microsoft Corp (NASDAQ: MSFT). It has an exposure of ~14% in the stocks combined. It has an exposure of close to 3% in Amazon.Com Inc (NASDAQ: AMZN), its third largest holding after Apple and Microsoft. […]