: Carvana rallies 28% on stronger-than-expected Q2 guidance figure
Carvana Co. CVNA stock is up 27.8% in premarket trades on Thursday after the car seller issued an estimate for second-quarter adjusted earnings before interest,...
: Rocket Pharmaceuticals shares rise on FDA fast-track designation for heart disease treatment
Shares of Rocket Pharmaceuticals RCKT gained 2.3% premarket on Thursday after the late-stage biotech company said the U.S. Food and Drug Administration granted fast-track and...
: Teva concludes nationwide opioid settlement agreement, reaches separate settlement with Nevada
Teva Pharmaceuticals TEVA announced Thursday that it has resolved its nationwide settlement agreement related to opioid claims brought by states and reached a separate settlement...
: Odeon initiates coverage of ‘stabilized’ PacWest with hold rating
Odeon Capital analyst Richard Bove on Thursday initiated coverage of PacWest Bancorp PACW with a hold rating. Although the company remains in a high-risk situation,...
: China plans spy base in Cuba focused on U.S.: WSJ
China and Cuba have reached an agreement in principle for Beijing to set up an electronic eavesdropping facility in the Caribbean island nation, according to...
: U.S. stocks open mostly higher after jobless claims report
U.S. stocks opened mostly higher Thursday after fresh data showed a rise in weekly jobless claims. The Dow Jones Industrial Average DJIA was down around...
: U.S. wholesale inventories decline 0.1% in April
Wholesale inventories in the U.S. fell 0.1% in April. Sales in the month were up 0.2%, the government said Thursday. The inventory-to-sales ratio slipped to...
: Auto safety equipment maker Autoliv cuts up to 8,000 jobs
Autoliv Inc. ALV stock is up 1.3% on Thursday after the auto safety equipment maker said it plans to lay off about 11% or up...
: EIA reports a weekly rise in U.S. natural-gas supplies, including a ‘reclassification’ of some stocks
The U.S. Energy Information Administration reported on Thursday that U.S. natural-gas supplies in storage rose by 104 billion cubic feet for the week ended June...