: Cummins unit Atmus Filtration to offer 14.1 million shares in IPO, priced at $18 to $21 each
Atmus Filtration Technologies Inc. ATMU, Cummins Inc.’s CMI filtration business, announced the launch of its initial public offering on Tuesday. The company said it will...
: GSI Technology stock falls 10% premarket
Shares of small cap GSI Technology Inc. GSIT, a loss-making semiconductor company that has been attracting meme-like attention, fell 10.1% in premarket trades Tuesday. The...
: Sharpie, Paper Mate parent Newell Brands stock dives toward a 14-year low after dividend slashed by 70%
Shares of Newell Brands Inc. NWL took a 2.5% dive toward a 14-year low in premarket trading Tuesday, after the parent of consumer brands including...
: U.S. economy ‘hangs in the balance’ without debt-ceiling increase, Yellen says
Treasury Secretary Janet Yellen on Tuesday issued a fresh warning about consequences if Congress fails to raise the U.S. debt ceiling, saying “the U.S. economy...
: Abbott’s spinal cord stimulation devices approved by FDA to treat back pain in people not eligible for surgery
Abbott Laboratories ABT said Tuesday that its spinal cord stimulation (SCS) devices were approved by the U.S. Food and Drug Administration to treat people with...
Retail sales rose 0.4% in April, less than expected as consumers struggle with inflation
Excluding auto-related figures, sales increased 0.4%, which was in line with expectations.
: Ex-German chancellor’s wife losing role after attending Russian embassy event
The wife of former German Chancellor Gerhard Schroeder has lost her role with a state-owned company after appearing with her husband at a party at...
Metals Stocks: Gold retreats as rally’s momentum wanes
Gold prices were trading lower again on Tuesday after eking out a modest gain a day earlier.
: Home Depot’s stock selloff would cut nearly 80 points off the Dow’s price
Shares of Home Depot Inc. HD took a 4.0% dive, to pace the Dow Jones Industrial Average’s DJIA premarket decliners, after the home improvement retailer...