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Bristol Myers Squibb Declares Fresh Dividend; Yield Is 3.1%
Bristol Myers Squibb Declares Fresh Dividend; Yield Is 3.1%

Bristol Myers Squibb (NYSE: BMY), one of the more reliable dividend payers in the pharmaceutical industry, is getting set to hand out its new distribution. On Thursday, the sprawling company's board

S&P 500 Drops 60 Points on Volatile Day: Oil Stocks Fall Sharply, Apple Leads Tech Stocks Down Again
S&P 500 Drops 60 Points on Volatile Day: Oil Stocks Fall Sharply, Apple Leads Tech Stocks Down Again

The S&P 500 Index (SNPINDEX: ^GSPC) has been doing its best yo-yo impression over the past week. Today's close was almost 1.8% lower, giving up almost 60 points after gaining 67 points, or 2%,

Is the Stock Market About to Crash Again?
Is the Stock Market About to Crash Again?

Thursday brought another bout of volatility to the stock markets, which started the day on the upside but then reversed to move sharply lower. New data on first-time unemployment claims didn't show

Microsoft Teams Will Power an NFL Virtual Fan Experience
Microsoft Teams Will Power an NFL Virtual Fan Experience

For several years, Microsoft (NASDAQ: MSFT) has had a notable presence on the fields of National Football League games through a sponsorship with its Surface tablet brand. Now it'll be in the

Why SunPower's Stock Got Crushed on Thursday
Why SunPower's Stock Got Crushed on Thursday

Shares of SunPower Corporation (NASDAQ: SPWR) fell as much as 10.7% Thursday after the company hosted an analyst day and provided updated full-year guidance. The stock closed the day down 9.1%. 

Reversal Drops Nasdaq 222; Nikola Challenged; SunPower Darkens Outlook
Reversal Drops Nasdaq 222; Nikola Challenged; SunPower Darkens Outlook

The stock market has been resilient in 2020, but skeptical investors wonder how long the good times can last. For the Nasdaq Composite (NASDAQINDEX: ^IXIC) in particular, record highs have come even

Why DraftKings Stock Rose Today
Why DraftKings Stock Rose Today

Shares of DraftKings (NASDAQ: DKNG) were up 5.4% by the close of trading on Thursday, just a few hours before the opening game of the National Football League's 2020 season.  

Despite a dearth of

Why Virtusa Stock Just Jumped 24%
Why Virtusa Stock Just Jumped 24%

Shares of IT consultant Virtusa (NASDAQ: VRTU) are up 23.8% in 9:55 a.m. EDT trading on news that private equity firm Baring Private Equity Asia (BPEA) will acquire the company in a merger

Why AMC Entertainment Stock Dropped 5% Today
Why AMC Entertainment Stock Dropped 5% Today

Shares of movie meister AMC Entertainment (NYSE: AMC) lost 5.2% in Thursday trading and continued to fall in the after-hours. There's been no "new" news today to explain the decline, so I can only

Why Purple Innovation Stock Jumped More Than 12% While the Market Fell
Why Purple Innovation Stock Jumped More Than 12% While the Market Fell

Shares of Purple Innovation (NASDAQ: PRPL) jumped 12.2% higher on Thursday after the bedding maker priced a secondary offering at $18.50 per share, over $1.50 per share below where the stock had

Why Overstock Jumped More Than 20% Today
Why Overstock Jumped More Than 20% Today

Shares of Overstock.com (NASDAQ: OSTK) jumped 25% this morning and remain up 9% as of 3:55 p.m. EDT. The gain is related to news on a cryptocurrency subsidiary of the online retailer. 

Overstock has

K12 Stock Plummets After Major School Board Stops Using the Platform
K12 Stock Plummets After Major School Board Stops Using the Platform

Shares of distance-education company K12 (NYSE: LRN) were plummeting on Thursday, after Florida's Miami-Dade School Board unanimously voted to stop using the platform. According to the Miami Herald

Vertex Pharmaceuticals Reports Positive Phase 3 Results in Children for Blockbuster CF Drug
Vertex Pharmaceuticals Reports Positive Phase 3 Results in Children for Blockbuster CF Drug

Vertex Pharmaceuticals' (NASDAQ: VRTX) blockbuster cystic fibrosis drug Trikafta might soon have a larger addressable market. The company announced Thursday that a phase 3 trial of the drug, in

AstraZeneca CEO Expects Interim Results from Paused Coronavirus Vaccine Trial Before End of 2020
AstraZeneca CEO Expects Interim Results from Paused Coronavirus Vaccine Trial Before End of 2020

Progress on AstraZeneca's (NYSE: AZN) coronavirus vaccine candidate took a breather this week after an adverse health event triggered a pause in enrollment at trial sites around the globe. Despite

Will the NFL Help or Hurt DraftKings?
Will the NFL Help or Hurt DraftKings?

Football is in the air. The NFL season kicks off on Thursday night, and this has historically been a good time for DraftKings (NASDAQ: DKNG). However, with the football season literally springing up

NASA Is Buying Moon Rocks, No Delivery Required
NASA Is Buying Moon Rocks, No Delivery Required

Would you offer to buy something on the internet and then tell the seller not to bother delivering what you bought? Probably not. And yet, this is essentially the deal that the National Aeronautics

Will Netflix Start Buying Movie Theaters?
Will Netflix Start Buying Movie Theaters?

According to an interview with one of the company's two Chief Executive Officers, Reed Hastings, streaming service Netflix (NASDAQ: NFLX) probably won't be buying a theater chain in the near future

Beyond Meat and Tyson Foods Post Strong Gains Despite Swine Fever in Europe
Beyond Meat and Tyson Foods Post Strong Gains Despite Swine Fever in Europe

Major U.S.-based pork producer Tyson Foods (NYSE: TSN) saw its share value bid up more than 4% this morning after African swine fever, also known as ASF or "pig Ebola," was confirmed to be present

Earnings From RH Have Analysts Raising Price Targets
Earnings From RH Have Analysts Raising Price Targets

Luxury furnishings retailer RH (NYSE: RH) reported earnings that beat consensus estimates on both the top and bottom lines, and said demand and margins were strong. 

The company formerly known as

Why Agenus Is Soaring 23.6% Today
Why Agenus Is Soaring 23.6% Today

Shares in Agenus (NASDAQ: AGEN) are rallying 23.65% at 2:10 pm EDT today ahead of a planned oral presentation of clinical trial data at the European Society of Medical Oncology (ESMO) Conference on

Dow Jones Drops 100 Points as Boeing Comes Under Scrutiny, Apple Stock Resumes Decline
Dow Jones Drops 100 Points as Boeing Comes Under Scrutiny, Apple Stock Resumes Decline

An early rally gave way to a decline on Thursday for the Dow Jones Industrial Average (DJINDICES: ^DJI). The Dow was down 0.5% at 1 p.m. EDT today after initial jobless claims for last week came in

LVMH Countersues Tiffany Over Disintegrating Merger Deal
LVMH Countersues Tiffany Over Disintegrating Merger Deal

Like many relationships that turn sour, the engagement of LVMH Moet Hennessy Louis Vuitton (OTC: LVMUY) to Tiffany & Co. (NYSE: TIF) is quickly unraveling and ending up in court.

A day after the

Citigroup Taps a Woman to Become New CEO
Citigroup Taps a Woman to Become New CEO

For the first time, a woman will lead one of America's largest banks.

Citigroup (NYSE: C) has announced that CEO Michael Corbat will retire from the bank after 37 years at the company, the last

Why Athenex Stock Is Down Today
Why Athenex Stock Is Down Today

Shares of Athenex (NASDAQ: ATNX) were down by 14.3% as of 1:35 p.m. EDT on Thursday, following the company's announcement of the pricing of a public offering of common stock. With Athenex set to

Why Wayfair Stock Jumped Today
Why Wayfair Stock Jumped Today

Shares of Wayfair (NYSE: W) were climbing today, apparently in sympathy with RH (NYSE: RH) after that company smashed earnings estimates and reported strong demand in its second-quarter earnings