: Occidental to pay $12 billion to buy private Permian Basin company CrownRock
Occidental plans to finance the deal with $9.1 billion of new debt and issuing about $1.7 billion of common equity, while assuming $1.2 billion of...
Europe Markets: This European company doubled its value in just six weeks
Few companies have seen a stock price roller-coaster quite like Adyen, the Dutch payment processing firm.
Futures Movers: Oil prices stabilize after longest losing streak since 2018
Oil futures stabilized early Monday following the longest losing stretch since 2018 as concerns about a slowing global economy, coupled with booming U.S. supply, helped...
: Shake Shack launches search for new chief executive, keeps guidance for Q4
Company reiterates fourth-quarter sales forecast and hires Korn Ferry to help replace retiring Randy Garutti.
: BlackBerry names cybersecurity chief John Giamatteo CEO, to separate IoT and cybersecurity businesses
BlackBerry Ltd. BB said Monday it has named John J. Giamatteo as its new chief executive, effectively immediately. Giamatteo, who has served as president of...
: Shake Shack launches search for new chief executive
Shake Shake Inc.’s stock SHAK was down by 1% in premarket trading on Monday after it said it’s launching a search with consultant Korn Ferry...
: Cogent Biosciences stock drops as analysts see tough competition for mastocytosis treatment
Cogent Biosciences Inc. shares COGT fell more than 30% premarket on Monday after the company over the weekend released clinical trial data on its lead...
: Domino’s Pizza upgraded to buy by Benchmark as loyalty program and Uber Eats partnership seen boosting sales
Domino’s Pizza Inc. DPZ was upgraded to buy by Benchmark on Monday, with analyst Todd Brooks highlighting a better appreciation for the company’s drivers of...
: U.S. stocks open mostly lower as investors look ahead to inflation data, Fed policy meeting
U.S. stocks opened mostly lower on Monday, after six straight weeks of gains, as investors look ahead to inflation data and the Federal Reserve’s policy...