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Corporate News

Sun, Aug 1st, 2021
Allianz warns of risk, confirms US Justice Department probe

The Allianz financial services company is warning that lawsuits brought by U.S. investors against the company could end up having a material impact on its future financial results.

ALIZY : 24.8450 (-1.02%)
AZSEY : 24.3401 (+9.59%)
Pharmaceutical plant idled despite effort to save jobs

CHARLESTON, W.Va. (AP) — A West Virginia pharmaceutical plant that employed nearly 1,500 people has been idled despite a last-ditch attempt by labor and advocacy groups to keep it open.

Walmart mandates vaccines for workers at headquarters

NEW YORK (AP) — Walmart is requiring that all workers at its headquarters as well as its managers who travel within the U.S. be vaccinated against COVID-19 by Oct. 4.

WMT : 142.55 (+0.22%)
MS : 95.98 (-0.31%)
UAL : 46.72 (-3.65%)
Bezos loses appeal of NASA's plans to use Musk moon lander

The federal government Friday rejected an appeal by billionaire Jeff Bezos’ Blue Origin to get in on NASA’s plans to return astronauts to the moon by using rival Elon Musk’s SpaceX.

CEO, Speaker worked closely to pass tainted energy bill

CLEVELAND (AP) — One was a millionaire CEO of a large publicly traded utility looking for 11th-hour help to save two nuclear power plants that hung like millstones around the neck of his company’s...

Wall Street stumbles at the close of another strong month

NEW YORK (AP) — U.S. stock indexes fell Friday, with much of the downward weight coming from a stumble for high-flying Amazon.

Amazon, Pinterest fall; Charter, DexCom rise

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday:

PINS : 58.90 (-18.24%)
AMZN : 3,327.59 (-7.56%)
CHTR : 744.05 (+4.24%)
US regulators step up scrutiny of IPO hopefuls from China

NEW YORK (AP) — Chinese companies hoping to sell their shares in the United States must start making more disclosures about their potential risks before U.S. regulators will allow them to list their...

Closing prices for crude oil, gold and other commodities

Benchmark U.S. crude oil for September delivery rose 33 cents to $73.95 a barrel Friday. Brent crude oil for September delivery rose 28 cents to $76.33 a barrel.

Exxon posts $4.7B in Q2 profit as demand for fuel rebounds

NEW YORK (AP) — Exxon Mobil swung back to a second-quarter profit and topped expectations as demand for fuel recovered from lows reached earlier in the pandemic.

XOM : 57.57 (-2.31%)
CVX : 101.81 (-0.74%)
Biden orders tough new vaccination rules for federal workers

WASHINGTON (AP) — President Joe Biden has announced aimed at boosting vaccination rates for millions of federal workers and contractors as he lamented the “American tragedy” of rising-yet-preventable...

MS : 95.98 (-0.31%)
Air France-KLM reports huge Q2 loss, sees signs of recovery

THE HAGUE, Netherlands (AP) — French-Dutch airline group Air France-KLM said Friday that the “first signs of recovery are visible” in bookings amid easing pandemic travel restrictions as it reported...

AFLYY : 4.7100 (-4.17%)
BA : 226.48 (-2.22%)
Asian shares lower after Wall St rebound on US growth data

BANGKOK (AP) — Asian shares and U.S. futures were mostly lower Friday after stocks pushed broadly higher on Wall Street.

PFE : 42.81 (+0.05%)
BA : 226.48 (-2.22%)
BIDU : 164.01 (-1.83%)
F : 13.95 (-3.06%)
YUM : 131.39 (+0.83%)
Tribes seek order banning digging at Nevada lithium mine

RENO, Nev. (AP) — Two tribes that joined a legal battle over plans to build a mine at the largest known U.S. deposit of lithium urged a judge Thursday to temporarily ban digging for an archaeological...

Biden orders tough new vaccination rules for federal workers

WASHINGTON (AP) — President Joe Biden on Thursday announced sweeping new pandemic requirements aimed at boosting vaccination rates for millions of federal workers and contractors as he lamented the “American...

DAL : 39.90 (-3.23%)
UAL : 46.72 (-3.65%)
MS : 95.98 (-0.31%)
The Latest: US health officials to release new COVID-19 data

NEW YORK -- U.S. health officials are expected to release new data about the spread of COVID-19 on Friday that led to their decision to recommend that vaccinated people wear masks in some situations, a...

JNJ : 172.20 (+0.01%)
ADBE : 621.63 (-0.01%)
KR : 40.70 (-0.05%)
Amazon's sales growth slows as pandemic shopping surge eases

NEW YORK (AP) — The world's return to almost normalcy is slowing down Amazon's pandemic-induced sales surge.

NFLX : 517.57 (+0.65%)
AMZN : 3,327.59 (-7.56%)
Scarlett Johansson sues Disney over ‘Black Widow’ release

LOS ANGELES (AP) — Scarlett Johansson is suing the Walt Disney Co. over its streaming release of “Black Widow,” which she said breached her contract and deprived her of potential earnings.

DIS : 176.02 (-1.31%)
Nikola founder Milton freed on $100M bail after fraud arrest

NEW YORK (AP) — The founder and one-time executive chair of Nikola Corp. was freed on $100 million bail Thursday after pleading not guilty to charges alleging he lied about the electric and hydrogen-powered...

NKLA : 11.87 (-1.33%)
In Robinhood's stock debut, a tumble and then sharp swings

NEW YORK (AP) — Wall Street gave Robinhood a cool reception Thursday in the online broker's debut in the stock market that it helped reshape by bringing millions of new investors.

Chart of the Day

Inogen Inc (INGN)

The Barchart Chart of the Day belongs to the medical device company Inogen (NASDAQ: INGN ). I found the stock by using Barchart's powerful screening tools to find the stocks with the highest Weighted Alpha and technical buy signals. That resulted in a watch list of 10 stocks. After I...
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