stock articles

Sackler Family Received $12 Bln to $13 Bln From Opioid Maker Purdue Pharma

Members of the Sackler family received $12 billion to $13 billion in payments from Purdue Pharma based on court filings in the opioid maker’s bankruptcy case, according to a published report Friday. The estimate of how much the privately held company owned by the Sacklers sent to family members was contained in a deposition in

Carnival Shares Drop

Carnival Shares Drop as Cruise Line Cuts Outlook Due to Higher Fuel Prices

Carnival Corp. (CCL – Get Report) shares declined Thursday after the Miami cruise line cut its fiscal 2019 profit outlook due to factors including an increase in fuel prices. Carnival shares dropped 8.6% to $43.95 Thursday. The company expects the recent jump in fuel prices to cut profit by 8 cents a share. Carnival also said weather-related


Chinese stocks skid amid increased trade tensions

Stocks got a downbeat start to the week as investors kept a wary eye on tensions with Iran and on signals from China and the U.S. on prospects for a resolution of their tariffs war. The Shanghai Composite SHCOMP, -0.98%   index skidded 1.4% to 2,965.03 on Monday, while Hong Kong’s Hang Seng HSI, -0.81%

Dave & Busters

Dave & Busters Plunges After Trimming Full Year Guidance Following Q2 Earnings

Dave & Busters Entertainment (PLAY) shares were indicated sharply lower in pre-market trading Wednesday after the game-themed restaurant group lowered its full-year profit guidance after posted stronger-than-expected second quarter earnings. Dave & Busters said earnings for the three months ending on August 4, the group’s fiscal second quarter, came in at 90 cents per share, up

Apple Banks on Cameras, Battery Life and Revamped Pricing to Lift iPhone Sales

As expected, camera improvements are meant to be a major selling point for Apple’s (AAPL)  just-announced iPhone 11, 11 Pro and 11 Pro Max phones. But in the cases of the 11 Pro and 11 Pro Max, Apple is also looking to sell consumers on major battery life gains. And when it comes to iPhones


Asian markets gain on trade-deal hopes, positive U.S. economic data

Asian shares rose Friday as investors cheered plans for more trade negotiations between Washington and Beijing and drew encouragement from positive data about the U.S. economy. Japan’s benchmark Nikkei 225 NIK, +0.60%   gained 0.6% in morning trading, and Australia’s S&P/ASX 200 XJO, +0.58%   rose 0.5%. South Korea’s Kospi 180721, +0.26%   edged up

Will Dollar Tree Hit New Highs on Earnings Beat?

Dollar Tree (DLTR) was having a great start to the day, but quickly found itself lower on Thursday with shares closing lower by 1.94% at $97.67. Before the market opened, some investors were wondering whether Dollar Tree could rally to new highs over the coming days and weeks. After all, Dollar General (DG) is up big on


Stocks End Higher After Trump Says China Wants to Make a Deal ‘Very Badly’

Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average finished higher Monday, surging 270 points after President Donald Trump said he believes China “very badly” wants to make a trade deal with the U.S. Amgen (AMGN)  rose after the company said it would acquire the global rights to Celgene’s (CELG)

Huawei-Related Stocks Gain on License Extension From Trump Administration

Stocks of companies doing significant business with Huawei rose Monday after the Trump administration extended a key license for the the Chinese telecom giant. The Commerce Department said Huawei could continue to buy U.S. parts for another three months, providing something of an olive branch in the ongoing trade war between the U.S. and China.