Markets
-
FDA advisers vote in favor of Pfizer’s maternal RSV vaccine
Advisers to the U.S. Food and Drug Administration voted Thursday in favor of Pfizer’s PFE, +0.47% respiratory syncytial virus vaccine for pregnant people, following extensive debate about its safety. FDA advisory-committee votes are not binding, but the agency often follows their recommendations. If the FDA ultimately approves the vaccine, called Abrysvo, it would be the…
-
More banks could collapse like SVB did because the system favors those ‘too big to fail’
“ To stay in business, these banks did the only thing they could. ” In the wake of the failures of Silicon Valley Bank, Signature Bank and Republic National Bank, a common misconception is that these banks failed because they grew too quickly. On Tuesday, former Silicon Valley Bank CEO Greg Becker testified in a U.S.…
-
GOOS Stock Price | Canada Goose Holdings Inc. Stock Quote (U.S.: NYSE)
Source
-
U.K. consumer confidence rises for 4th consecutive month in May
Confidence among U.K. consumers improved for the fourth month in a row in May amid signs of easing inflation, despite the squeeze on spending prompted by climbing interest rates. Research firm GfK said its consumer-confidence barometer stood at minus 27 in May, compared with minus 30 a month earlier, matching expectations from economists polled by…
-
Cisco earnings beat, but the stock is falling on concerns about declining orders
Cisco did not reduce its full-year revenue forecast, as a previous version of this article indicated. It has been updated. Cisco Systems Inc. beat expectations for quarterly profit and sales in a report Wednesday, but executives did not increase their top target for annual revenue and revealed that orders declined again, sending shares down 4%…
-
WMT Stock Price | Walmart Inc. Stock Quote (U.S.: NYSE)
Source
-
Boot Barn stock down 16% after mixed quarter, same-store sales drop
Boot Barn Holdings Inc. shares dropped 16% in the extended session Wednesday after the retailer reported a mixed fourth quarter and its same-store sales dropped more than expected. Boot Barn BOOT, -12.10% earned $46.4 million, or $1.53 a share, in the quarter, compared with $44.7 million, or $1.47 a share, in the prior-year period. Adjusted…
-
Take-Two stock soars as outlook suggests ‘Grand Theft Auto VI’ is a little more than a year away
Take-Two Interactive Software Inc. shares surged in the extended session Wednesday, after the videogame publisher’s weak outlook appeared to confirm a timeline for the next iteration of its blockbuster “Grand Theft Auto” videogame franchise. Take-Two TTWO, +12.56% shares rallied about 10% after hours, following a 0.8% gain to close the regular session at $125.02, for…
-
Japan’s export growth slows in April
Japan’s export growth slowed in April, primarily due to a decrease in shipments to Asia and China, according to data released by the Ministry of Finance on Thursday. In April, exports rose by 2.6% compared to the same period last year, weaker than the 4.3% increase marked in March and below the 4.5% increase forecasted…
-
REG Stock Price | Regency Centers Corp. Stock Quote (U.S.: Nasdaq)
Source