(RTTNews) - Deckers Brands (DECK) said that its President and Chief Executive Officer, Dave Powers, has decided to retire effective August 1, 2024. Powers is expected to continue serving as a member of the Company's Board of Directors through the 2025 Annual Meeting of Stockholde
On Tuesday afternoon, Advanced Micro Devices (NASDAQ: AMD) released its fourth-quarter 2023 report. The chipmaker's quarterly results didn't contain any notable surprises, but its first-quarter 2024 revenue guidance was lighter than Wall Street had been expecting. That led to inv
(RTTNews) - The U.S. Food and Drug Administration has granted Rare Pediatric Disease Designation to TYRA-300, an oral FGFR3 selective inhibitor, for the treatment of achondroplasia, Tyra Biosciences Inc. (TYRA) said in a statement on Friday.
South Korea's S-Oil, whose main shareholder is Saudi Aramco, forecast on Friday that 2024 refining margins will maintain at an above-average level helped by steady demand growth and low inventories.
Volkswagen will announce on Friday additional 9 billion reais ($1.83 billion) in investments in Brazil, Folha de Sao Paulo newspaper reported on Thursday, citing the carmaker's president for South America.
Activist investor Barington Capital has built an undisclosed stake in Mattel and is seeking big changes to boost the toymaker's stock, the Wall Street Journal reported on Thursday, citing a letter sent to CEO Ynon Kreiz.
In this video, I will be talking about Amazon's (NASDAQ: AMZN) fourth-quarter earnings report, a new AI announcement, and a couple of important points that were mentioned during the earnings call. While Amazon stock might look expensive, it is becoming more profitable by the quar
Struggling apparel conglomerate VF Corp.’s options were unusually active on Wednesday. Its volume of 43,764 was the highest they’ve been since early November. Is it a good sign? Bad sign? Or much ado about nothing?
Midday corn prices are 2 ¼ to 3 ¾ cents weaker so far for Thursday. Preliminary open interest continues to increase, with another 11,466 contracts added yesterday and big new bets made by both sides in the old crop March, May, and July. Basis tightened on Wednesday with a national...
March beans are again battling at the $12 mark with double digit weakness through Thursday following the poor export sales data. Soymeal futures are also $620 to $7.80 weaker through midday. Soy oil futures are trading 39 to 51 points lower so far. Weekly Export Sales data had a new...
Thursday’s cotton market is trading triple digits higher in old crop and 3 to 41 points higher in new crop at midday. The Federal Reserve decided to maintain the 5.25% to 5.5% target rate for the Fed Funds rate, as expected, but opened the door a little wider for future...
Midday wheat futures are trading on both sides of UNCH for Thursday. Chicago prices are mostly higher but mixed within 2 ½ cents of UNCH. KC prices are mostly lower within 3c of UNCH. And MPLS spring wheat quotes are up by ½ to 1 ¾ cents. USDA’s weekly Export...
Thursday’s reaction to the semi-annual NASS Cattle Inventory report has the board trading triple digits higher at midday. Fat cattle are up by as much as $2.45 while feeders are working with near $5 gains at midday. USDA confirmed some light cash trade on Wednesday, mostly near $176. The CME...
Hogs are backing off through Thursday with triple digit weakness at midday. USDA’s National Average Base Hog price was up by $3.16 on Wednesday afternoon to $62.56. The 1/26 CME Lean Hog Index was up another 70 cents to $70.60. Weekly FAS data showed 42.9k MT of pork was sold...
BP's Whiting, Indiana, refinery suffered a power outage on Thursday, prompting visible flaring as products were burned off, the City of Whiting said in a statement.
Looking at the sectors faring worst as of midday Thursday, shares of Financial companies are underperforming other sectors, showing a 0.5% loss. Within that group, AFLAC Inc (Symbol: AFL) and MetLife Inc (Symbol: MET) are two of the day's laggards, showing a loss of 9.3% and 5
The best performing sector as of midday Thursday is the Materials sector, up 1.6%. Within that group, Corteva Inc (Symbol: CTVA) and FMC Corp. (Symbol: FMC) are two large stocks leading the way, showing a gain of 18.4% and 8.2%, respectively. Among the high volume ETFs, one E
U.S. stocks bounced back on Thursday as investors looked ahead to a spate of high-profile earnings the day after the Federal Reserve tossed cold water on lingering bets that the central bank would begin cutting its key interest rate as early as March.