RH stock slumps after downward guidance revision, analyst price target cuts
RH shares dropped 11.7% in early Thursday trading following an after-hours downward guidance revision and subsequent analyst price target cuts. The stock has declined 21%...
SPAC Resources Acquisition withdraws $150 million IPO filing
Resources Acquisition Corp. filed Thursday to withdraw its previous filing for an initial public offering. The special purpose acquisition company (SPAC) had filed in February...
Gazprom shares lose a quarter of value after halting dividend
Moscow-listed shares of Russian natural gas giant Gazprom plunged 27% after the natural-gas giant decided not to pay a dividend. Famil Sadigov, its deputy chairman,...
Acuity Brands reports big profit beat, with strength in lighting and lighting controls sales
Acuity Brands Inc. reported Thursday fiscal third-quarter profit that rose well above expectations, amid strength in its lighting and lighting controls business. The lighting company's...
ADP says it will pause its private-sector employment report as it retools survey
ADP said it's going to halt the release of its private-sector employment report as it retools the report to make it "a more robust, high-frequency...
Coronavirus tally: Daily hospitalizations and deaths keep climbing, as cases rise to top of recent range
While health regulators debated over how to proceed with developing new booster shots, COVID-19-related hospitalizations and deaths have quietly climbed to new multi-month highs as...
Pfizer submits a new NDA to FDA for COVID-19 pill PAXLOVID
Pfizer Inc. said Thursday that it has submitted a New Drug Application (NDA) for COVID-19 treatment pills PAXLOVID for patients at high risk for progression...
Constellation Brands swings to a profit, adj. 2022 view beats target
Constellation Brands Inc. shares rose 1% in premarket trades Thursday after it said its first-quarter net income increased to $389.5 million, or $2.06 a share,...
Walgreens beats Street views but sees sharp profit decline
Walgreens Boots Alliance Inc. reported third-fiscal-quarter net income totaling $289 million, or 33 cents per share, down from $1.197 billion, or $1.38 per share, last...