Mallinckrodt to file for second bankruptcy in coming days

(Reuters) -Drugmaker Mallinckrodt (OTC:MNKKQ) said on Wednesday it expects to initiate bankruptcy proceedings in the coming days, the second filing…

  • August 23, 2023
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U.S. stocks are rising as investors await Nvidia’s earnings report

Stocks were rising on Wednesday as investors await tonight’s earnings release from artificial intelligence chip maker Nvidia. At 9:46 ET…

  • August 23, 2023
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Nvidia shares inch up premarket ahead of highly anticipated earnings release

Shares in Nvidia (NASDAQ:NVDA) edged higher in premarket trading on Wednesday, as investors eagerly awaited the release of the chipmaker’s…

  • August 23, 2023
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S&P 500 to end 2023 up 17% but little gains seen between now and year end – Reuters poll

(Reuters) – U.S. stocks will eke out only marginal gains between now and year end, according to strategists in a…

  • August 23, 2023
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Netflix signups remain high, fueled by password-sharing crackdown – data

(Reuters) – Signups for Netflix (NASDAQ:NFLX) in the United States remain elevated despite a fall from June’s record high after…

  • August 23, 2023
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Meta Platforms ‘could see renewed enthusiasm on 2024 upside potential’ – BofA

The Meta Platforms (NASDAQ:META) valuation leaves room for more upside, according to BofA analysts in a note Wednesday. Reacting to…

  • August 23, 2023
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Kohl’s backs full-year guidance despite net sales decline

Kohl’s (NYSE:KSS) has reported a slide in net sales in the second quarter, but the department store chain reaffirmed its…

  • August 23, 2023
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Abercrombie & Fitch lifts sales forecast as fresh clothing styles draw shoppers

(Reuters) -Abercrombie & Fitch raised its forecast for annual sales on Wednesday, betting that newer styles at its Abercrombie label…

  • August 23, 2023
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Foot Locker tumbles 27% on slashed FY forecast, paused quarterly dividend

Foot Locker (NYSE:FL) shares fell more than 27% in early Wednesday trading after the retailer announced its second-quarter earnings and…

  • August 23, 2023
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Stellantis explores tie-up with Chinese EV maker Leapmotor – Bloomberg News

(Reuters) – Italian carmaker Stellantis (EPA:STLAM) is exploring options to partner with Chinese electric vehicle (EV) maker Zhejiang Leapmotor as…

  • August 23, 2023
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