Intercontinental Exchange prices $8 billion in bonds to finance Black Knight acquisition
Intercontinental Exchange said late Thursday it priced $8 billion in bonds to finance its $13 billion acquisition of Black Knight Inc. . The deal has...
Coronavirus tally: Daily average of COVID-19 cases climbs to 3-month high, as hospitalizations also rise
The daily average for new COVID-19 cases climbed to a three-month high as hospitalizations have also increased, while deaths slipped. The seven-day average of new...
Figs earnings miss after ‘supply chain chaos’
Shares of medical scrubs and accessories company Figs Inc. sank 23% in Friday premarket trading after it reported first-quarter results that missed expectations and lowered...
Berkshire Hathaway buys about $52 million of Occidental Petroleum stock
Warren Buffett's holding company Berkshire Hathaway Inc. acquired 901,768 shares of Occidental Petroleum in two purchases this week valued at a combined $52 million, according...
Schwab books highest ever client cash disbursements for tax season
Charles Schwab Corp. on Friday reported a $6.5 billion drop in net new assets excluding mutual fund clearing as clients sold down their asset for...
Werner boosts dividend by 8.3%
Werner Enterprises Inc. said Friday that it raised its quarterly dividend by 8.3%, to 13 cents a share from 12 cents. The trucking company's stock...
Market Pulse: Stocks open higher in attempt to bounce at end of another rough week
U.S. stocks opened higher Friday, attempting a bounce at the end of another tough week that’s pushed the S&P 500 to the brink of a...
Brilliant Earth shares fall as consumers hold off on big purchases
Shares of jeweler Brilliant Earth Group Inc. sank 23.6% in Friday trading as consumers pull back on big purchases during a period of sky-high inflation...
Poshmark shares soar after better-than-expected quarterly results
Poshmark Inc. shares soared 24.6% in Friday trading after the seller of new and secondhand items reported better-than-expected first-quarter results. Net loss totaled $14.0 million,...