Dow posts first weekly gain since March as stocks bounce sharply
Stocks ended sharply higher Friday, cementing a bounce that saw the Dow Jones Industrial Average end a streak of eight straight weekly declines, while the...
LyondellBasell stock rallies after special dividend announced, regular dividend raised
Shares of LyondellBasell Industries N.V. rose 1.1% in premarket trading Friday, after the U.K.-based chemical company said it will pay a special dividend of $5.20...
Canopy Growth shares drop on wider-than-expected loss
Canopy Growth Corp. shares fell 11% in premarket trades Friday after it said its fourth-quarter loss narrowed to C$574.6 million, or $1.46 a share, from...
Immersion files complaint against Meta, alleging patent infringement
Immersion Corp. said Friday that it has filed a patent-infringment complaint against Facebook-parent Meta Platforms Inc. in a Texas court. Immersion stock rose 0.7% in...
Biden plans to cancel $10,000 in student loans per borrower, announcement won’t come this weekend: report
President Joe Biden had planned to announce forgiveness for student loans as soon as this weekend as he gives a speech at the University of...
Coming up: PCE inflation index and consumer spending
The PCE inflation index is forecast to rise 0.2% in April in what would be the smallest increase in a year and a half. The...
Lowe’s raises dividend, to boost implied yield above 2%
Shares of Lowe's Companies rose 0.8% in premarket trading Friday, after the home improvement retailer raised its dividend by 31.3%. The new quarterly dividend of...
Aurora Cannabis ups financing deal to $150 mln, shares fall
Aurora Cannabis Inc. shares dropped 28% Friday after the cannabis company said it would increase the size of its bought deal financing to $150 million...
Stocks open higher after data shows inflation slowing
U.S. stocks opened higher Friday after data showed the Federal Reserve's preferred measure of inflation slowed in April. The Dow Jones Industrial Average was up...