Company News

Follow the companies making headlines and moving markets here.
Injection pen parts at the Novo Nordisk A/S production facilities in Hillerod, Denmark
Wegovy Maker Novo Nordisk Buys Embark Biotech to Boost Edge in Weight Loss Treatments
Big Lots
Big Lots Shares Soar After Reporting Smaller-Than-Expected Loss as Demand Improves
Apple CEO Tim Cook speaks at WWDC at Apple headquarters on June 05, 2023
Apple Announces September Event, with iPhone 15 Release Expected
Google Announces Premium Duet AI Tools, Launches A3 Supercomputer
Temu application
PDD ADRs Surge as Online Shoppers Send Sales Soaring at Parent of Pinduoduo and Temu
Catalent facility in Italy
Shares of Wegovy Partner Catalent Jump After Striking Deal With Activist Investor Elliott
Nio ADRs Slide After Reporting Wider Loss and Lower Revenue on Fewer EV Deliveries
The logo of Toyota Motor displayed at a car showroom in Tokyo.
Technical Glitch Suspends Toyota's Japan Operations Until Wednesday
Record Deliveries Help BYD Boost Profit, Retain Status as China's Best-Selling Auto Brand
Medical professional holding clipboard
Novocure Shares Plunge After Its Ovarian Cancer Treatment Fails to Meet Goal
Danaher Buys Abcam for $5.7 Billion to Expand Its Product Offerings
Samuel Altman, CEO of OpenAI, appears for testimony before the Senate Judiciary Subcommittee on Privacy, Technology, and the Law May 16, 2023 in Washington, DC.
OpenAI Launches Paid Chatbot for Businesses
Tips for checking into an AA flight
American Airlines Fined $4.1M for Passengers Stranded 3+ Hours on Runway
Goldman Sachs logo
Goldman Sachs Sells Off $29 Billion Investment Advisory Business
3M Shares Jump on Reports It Reached a $5.5 Billion Settlement Over Earplug Lawsuits
In this photo illustration a Boston Scientific logo seen displayed on a smartphone screen in Chania, Greece on August 13, 2023.
Boston Scientific Reports Positive Results from Atrial Fibrillation Device
Fisker CEO Henrik Fisker introduces the all-electric compact hatchback Pear during its inaugural "Product Vision Day" in Huntington Beach, California, on August 3, 2023.
Fisker Rolls Into Three New European Markets
Horizon Therapeutics logo
Horizon Therapeutics Shares Surge As FTC Postpones Challenge to Merger
Jabil Shares Jump After Agreeing to Sell Its Mobility Business to BYD for $2.2 Billion
Abercrombie & Fitch store
Earnings Beat of the Week: Abercrombie & Fitch Shares Soar as EPS Tops Forecasts
Mobile payments
Affirm Shares Soar on Higher-Than-Expected Forecast as Delinquencies Decline
Automotive factory workers
150,000 Workers Vote to Authorize Strikes at Stellantis, GM, and Ford
Wells Fargo Agreed Would Pay To Settle With A U.S. Consumer Finance Watchdog
Wells Fargo Agrees to Pay $35M to SEC Over Excessive Customer Charges
General Motors Co.
GM Battery Plant Offers EV Workers Higher Wages After Solvent Leak
Nordstrom Shares Tumble After Reporting Sales Drop and Record Theft
Alibaba Rolls Out AI Models With Visual Localization Capabilities
Meta Releases AI Tool Fine-Tuned for Writing Computer Code
Boeing 737 Max
Boeing and Spirit AeroSystems Shares Drop as Defect Delays 737 MAX Deliveries
Grab Driver & App
Grab Shares Jump After Narrowing Losses on Cost-Cutting Moves
Peloton exercise bike
Peloton Shares Plunge on Wider-Than-Expected Loss After Recall, Fall in Subscribers
Foot Locker Logo
Foot Locker Shares Sink After Reporting Falling Sales as Shoppers Pull Back
UPS Workers Approve $30 Billion Labor Contract, Averting Strike
A man sits on the steps of the IBM Studios, a multipurpose pavilion designed by Italian architect Michele De Lucchi and located in Porta Nuova district, on May 27, 2023 in Milan, Italy.
IBM Agrees to Sell Weather Company Assets to Francisco Partners
Bank of America
Bank of America Offering Credit Card Rewards for Electric Vehicle Owners
A businessman looking at a touchpad with a serious expression
S&P Downgrade of Banks' Credit Could Make Borrowing Even Tougher
MACOM Buys Wolfspeed's Radio Frequency Business for $125 Million
Lowe's store
Lowe's Beats Earnings Estimates as Sales Fall Less Than Expected on Online Growth
Activision Blizzard Overwatch website
Microsoft Restructures Activision Acquisition to Secure Approval From UK Regulator
Permian Resources to Acquire Earthstone Energy in $4.5 Billion All-Stock Deal
Moderna COVID-19 Vaccine
Shares of Moderna and Other COVID-19 Vaccine Makers Surge Amid Booster Push as Cases Rise
The Palo Alto Networks
Palo Alto Networks Shares Surge After Earnings Beat on Cybersecurity Demand
A logo of DuPont is pictured outside the DuPont Industrial Biosciences' facility on June 9, 2020 in Leiden, Netherlands.
DuPont Agrees to Sell $1.8 Billion Resins Unit to Jordan Co. It Refocuses
Broadcom company logo
Broadcom's $69 Billion Acquisition of VMware Approved by UK Regulators
Business people shaking hands to congratulate success.
Marsh to Acquire Australian Company in $448 Million Deal
Threads app logo
Meta's Threads Could Launch a Web Version as Soon as This Week
Applied Materials logi
Applied Materials Beats Sales Estimates and Raises Its Guidance on AI, China Demand
Yellow Corp. truck near terminal in Miami, Florida
Bankrupt Yellow Accepts $1.3B Bid for Shipment Centers from Rival Estes Express
Evergrande Group logo on company headquarters building in Shenzhen, China.
China's Real Estate Giant Evergrande Files for US Chapter 15 Bankruptcy Protection
Worker on engine production line in a car factory
Auto Worker Strike Could Cost $5.6B and Hit Consumers Fast
CVS Shares Slump as Blue Shield of California Turns to Amazon to Cut Costs
Customers lined up in an Apple store in Shanghai in July 2023
Lowest Smartphone Sales in a Decade Could Give Apple Top Unit Sales for First Time
BAE Systems Plc logos on the opening day of the Defence and Security Equipment International (DSEI) 2021 exhibition in London, U.K., on Tuesday, Sept. 14, 2021.
Ball Shares Surge as BAE System Buys Its Aerospace Operations for $5.6 Billion
5 Things to Know Before Markets Open
pipeline construction
Energy Transfer Buys Crestwood Equity Partners in a $7.1 Billion All-Equity Deal
Southwest Airlines Boeing 737-700 aircraft flying
Southwest Airlines Reaches Tentative Agreement With Transport Workers Union
Intel Terminates $5.4 Billion Deal To Buy Tower Semiconductor
Target store
Target Posts First Quarterly Sales Decline in Six Years, Lowers Outlook
Vicki Hollub, president and chief executive officer of Occidental Petroleum Corp. (OXY), speaks during a groundbreaking ceremony at the Occidental Petroleum and 1PointFive Direct Air Capture (DAC) plant in Ector County, Texas, US, on Friday, April 28, 2023.
Occidental Petroleum to Acquire Carbon Capture Technology Supplier for $1.1 Billion
Vinfast VF7
Vietnamese EV Maker VinFast Debuts on the Nasdaq, and Shares Soar
The United States Steel Corp. Edgar Thomson Works steel mill in Braddock, Pennsylvania, US, on Monday, Aug. 14, 2023.
Esmark Offers $7.8 Billion for US Steel After $7.25 Billion Bid by Cleveland-Cliffs