Commercial real estate broker stocks underperformance suggests ‘damage has been done,’ analyst says
Shares of commercial real estate brokers have underperformed the real estate investment trust (REIT) and the broader stock market by a wide margin this year,...
Gold futures end higher for the first time in 8 sessions
Gold futures climbed on Thursday, putting an end to a streak of declines that spanned seven sessions --- the longest in more than three years....
Amazon stock rallies toward 1st close above the 50-day moving average in 2 1/2 months
Shares of Amazon.com Inc. rallied 2.0% in afternoon trading Thursday, putting them on track to close above its 50-day moving average (DMA), which many chart...
U.S. oil prices settle back above $100 a barrel; natural-gas futures rise over 14%
Oil futures settled higher on Thursday, marking a partial rebound from two consecutive sessions of declines, with U.S. prices climbing back above $100 a barrel....
U.S. stocks close higher as S&P 500, Nasdaq clinch fourth day of gains
U.S. stocks closed higher on Thursday, with the S&P 500 and Nasdaq Composite clinching a fourth straight day of gains, as investors reacted to a...
Levi Strauss stock up after retailer’s Q2 earnings top views, online sales rise
Levi Strauss & Co. shares rose more than 3% in the extended session Thursday after the retailer reported second-quarter earnings above Wall Street expectations, thanks...
Re/Max to cut 17% of its workforce
Re/Max Holdings Inc. said late Thursday it expects to cut its workforce by about 17% by the end of the year, mostly technology positions, as...
Refiner Valero’s board OKs $2.5 billion share buyback
Valero Energy Corp. said late Thursday its board has approved a new share buyback authorization of up to $2.5 billion, which replaces a previous authorization...
Fisker launches financing arm for vehicle, home-charger purchases
Shares of Fisker Inc. edged up 0.1% in premarket trading Thursday, after the electric vehicle maker unveiled a direct-to-consumer digital financing platform, Fisker Finance, that...