D.C. collision is deadliest U.S. air disaster since 2001; air-traffic control under scrutiny
A midair collision between an Army helicopter and a jetliner killed all 67 people aboard the two aircraft, officials said Thursday, as they scrutinized the actions of the military pilot in the country ...
These were the biggest bright spots in Apple's earnings
There were some bright spots in Apple's report, soothing investors who feared the worst coming into earnings. First off, Apple topped expectations on overall revenue even as it came up short in ...
Axsome Shares Up Post Market After Hitting Record High on FDA Approval
Symbravo, for the acute treatment of migraine with or without aura in adult patients, showed superior efficacy across a broad range of severity, Axsome said Thursday. A single oral dose gave patients ...
Stocks to Watch: Apple, PPG Industries, Beazer Homes, Cipher Mining
Cipher Mining secured a $50 million private investment in a public-equity deal from SoftBank Group. The company, which develops and operates industrial-scale data centers for bitcoin mining and HPC ...
Furniture Maker Dorel Announces Home Segment Restructuring
Dorel Industries said it was undertaking a significant restructuring of its home segments, as it adjusts to market realities.
PPG Industries' 4Q Sales Fall on Lower Volumes, Prices
Sales across its industrial-coatings segment fell 9%, to $1.59 billion, primarily due to lower sales volumes and selling prices, the company said. The decline was slightly offset by its ...
Beazer Homes Shares Sink Following 1Q Earnings Miss
Shares of Beazer Homes fell after the home-construction company's profit narrowed, missing Wall Street expectations, in its fiscal first quarter. The stock declined 9.4%, to $25.10, in after-hours ...
Apple's guidance comes as a relief, sending the stock higher
Apple reported fiscal first-quarter earnings Thursday. Analysts are focused on iPhone momentum following a sluggish start to ...
Apple CEO 'very comfortable' with channel inventory in China
As Wall Street worries about the lower sales in China, Apple CEO Apple CEO Tim Cook said he is "very comfortable" with the company's channel inventory. Cook said in the beginning of the call that over ...
Veradigm Ends Business Review Process on Lack of Final Bids
Veradigm is ending its review of strategic alternatives for the company almost eight months after the process began. The healthcare technology company on Thursday said that while five bidders ...
Utilities Surge as Rate Concerns Fade -- Utilities Roundup
The SPDR Select Sector Utilities exchange-traded fund, which tracks the utilities industry group of the S&P 500 and has been under pressure for weeks due to concerns about inflation risk, rose 2%.
Communications Services Cos Down as Comcast Slides -- Communications Services Roundup
Communications services companies fell after weak earnings from one cable giant. Comcast shares slid as investors appeared to zero in on a bigger-than-expected drop in broadband customers, rather than ...