Tag: Corporate stock

Twitter posts stronger-than-expected Q2 results, shares jump

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Twitter on Thursday posted stronger-than-expected earnings for the second quarter thanks to growing advertising demand across all geographic regions and types of ad products....

Strong quarter from J&J as some operations return to normal

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NEW YORK — Johnson & Johnson reported strong second-quarter profit and revenue as the health care industry recovers from the effects of the coronavirus...

Lordstown Motors receives two subpoenas

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LORDSTOWN, Ohio — Lordstown Motors, an Ohio company under scrutiny over the number of orders it claimed it had for the electric trucks that...

UnitedHealth raises outlook after strong second quarter

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MINNETONKA, Minn. — UnitedHealth Group boosted its full-year outlook for a second time this year after a surprisingly strong second quarter despite sustained, elevated...

Bank of England ditches dividend limits on UK banks

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LONDON — The Bank of England on Tuesday ditched limits on banks to pay dividends to their shareholders that were first introduced at the...

Goldman Sachs 2Q profits beat forecasts; boosts dividend

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NEW YORK — Goldman Sachs had the second-best quarterly profit in the firm's history in the quarter ended in June, helped by a strong...

After Branson flight, Virgin Galactic slumps on stock sale

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Virgin Galactic shares veered sharply lower Monday after the spaceflight company said it’s made arrangements to sell up to $500 million in stock. ...

Glazed Over: Initial response to Krispy Kreme IPO tepid

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Doughnut chain Krispy Kreme is expected to start trading on the Nasdaq on Thursday, but it might be off to a bit of a...

Freed from COVID restrictions, big US banks hike dividends

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NEW YORK — Recently freed from regulators' coronavirus restrictions, the largest U.S. banks on Monday announced plans to return tens of billions of dollars...

BuzzFeed to become a publicly traded company

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NEW YORK — BuzzFeed will become a publicly traded company with an implied value of $1.5 billion through a merger with a special purpose...