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25 Feb

Domino's sales rise slightly short of estimates as coronavirus curbs ease

Domino's Sales Rise Slightly Short Of Estimates As Coronavirus Curbs Ease

. A Domino's Pizza restaurant is seen in Los Angeles Domino's Pizza (NYSE:DPZ) Inc missed estimates for quarterly revenue on Thursday, as the pizza chain faced stiff competition from rival fast-food chains and restaurants that reopened after the easing of some COVID-19 curbs. Shares of the company were down 3% in premarket trading. Analysts ha

25 Feb

GameStop, Moderna Rise Premarket; Best Buy Drops

GameStop, Moderna Rise Premarket; Best Buy Drops

By Peter Nurse  -- Stocks in focus in premarket trade on Thursday, February 25th. Please refresh for updates.GameStop (NYSE:GME) stock rose 60%, building on sharp gains on Wednesday as the trading frenzy that engulfed the stock last month returned. Other stocks that have become popular on Reddit chat rooms, like AMC Entertainment (NYSE:AMC) and Koss (NASDAQ:KOSS) a

25 Feb

Global equity funds see jump in inflows despite inflation concerns

Global Equity Funds See Jump In Inflows Despite Inflation Concerns

2/2Reuters. Dividers are seen inside a trading post on the trading floor as preparations are made for the return to trading at the NYSE in New York 2/2 Global equity funds witnessed higher inflows in the week ended Feb. 24, on optimism that global central banks would keep interest rates lower to prop up their economies, und

25 Feb

Tesla short-sellers sitting on $3.5 billion weekly profits: Ortex

Tesla Short-sellers Sitting On $3.5 Billion Weekly Profits: Ortex

. Representations of virtual currency Bitcoin are seen in front of Tesla logo in this illustration LONDON Short-sellers are sitting on estimated profits of $3.5 billion from their bearish positions on Tesla (NASDAQ:TSLA) shares in the past seven days, as of Feb 23, data from financial analytics firm Ortex showed on Thursday. The electric carma

25 Feb

Domino's misses quarterly revenue estimates

Domino's Misses Quarterly Revenue Estimates

. A Domino's Pizza restaurant is seen in Los Angeles Domino's Pizza (NYSE:DPZ) Inc missed estimates for quarterly revenue on Thursday as the pizza chain faced stiff competition from dine-in restaurants that reopened after the easing of some coronavirus restrictions. Total revenue rose to $1.36 billion from $1.15 billion in the fourth quarter e

25 Feb

Five things shaping Britain's financial rulebooks after Brexit

Five Things Shaping Britain's Financial Rulebooks After Brexit

. Canary Wharf stands in London By Huw Jones LONDON Britain is conducting a review of its financial rulebooks and policies to see how it can keep its 130 billion pound ($184 billion) finance sector competitive after Brexit left it largely cut off from the European Union. The government is due to issue papers in the coming days outlining its a

25 Feb

Boeing planned to replace 777 engine covers before failures: WSJ

Boeing Planned To Replace 777 Engine Covers Before Failures: WSJ

2/2Reuters. United Airlines flight UA328 returns to Denver International Airport with its starboard engine on fire after it called a Mayday alert 2/2 Boeing (NYSE:BA) Co was planning to replace engine covers on its 777 jets months before a pair of recent serious failures, the Wall Street Journal reported on Thur

25 Feb

American Electric Power Earnings Beat, Revenue Misses In Q4

American Electric Power Earnings Beat, Revenue Misses In Q4

. American Electric Power Earnings Beat, Revenue Misses In Q4 American Electric Power (NASDAQ:AEP) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.American Electric Power announced earnings per share of $0.87 on revenue of $3.6B. Analysts polled by anticipated EPS of $0.7827 on revenue of $

25 Feb

Nasdaq Futures Down 120 Pts; Jobless Claims and GDP Data Due

Nasdaq Futures Down 120 Pts; Jobless Claims And GDP Data Due

. By Peter Nurse   U.S. stocks are seen opening lower Thursday, with the tech-heavy Nasdaq set to underperform as investors digest the latest comments from Federal Reserve Chairman Jerome Powell ahead of key economic data.At 7:05 AM ET (1205 GMT), the Dow Futures contract was down 10 points, or 0.1%, S&P 500 Futures traded 13 points, or 0.4%, lower, and Na

25 Feb

GameStop rally builds after puzzling ice-cream cone tweet

GameStop Rally Builds After Puzzling Ice-cream Cone Tweet

2/2Reuters. A GameStop store is pictured in New York 2/2 By Aaron Saldanha GameStop Corp (NYSE:GME) shares surged more than 50% in early deals on Thursday as amateur investors jumped back into the stock weeks after an unprecedented short squeeze triggered a 1,600% rally in the video game retailer. The latest moves build o

25 Feb

Moderna sees $18.4 billion in sales from COVID-19 vaccine in 2021

Moderna Sees $18.4 Billion In Sales From COVID-19 Vaccine In 2021

. People are inoculated against the coronavirus disease (COVID-19) in Arlington Moderna (NASDAQ:MRNA) Inc said on Thursday it was expecting to post $18.4 billion in sales from its COVID-19 vaccine this year. Pfizer Inc (NYSE:PFE), which makes the only other vaccine authorized for emergency use in the United States so far, said earlier this

25 Feb

Wanted: More high-tech manufacturing space for a global vaccine push

Wanted: More High-tech Manufacturing Space For A Global Vaccine Push

. The word "COVID-19" is reflected in a drop on a syringe needle in this illustration By Allison Martell, Carl O'Donnell and Julie Steenhuysen The number of available COVID-19 vaccine doses is steadily rising, but a shortage of physical space that meets standards for pharmaceutical manufacturing is a major bottleneck to further expansion, according to dru

25 Feb

Boeing planned to replace 777 engine covers before recent failures: WSJ

Boeing Planned To Replace 777 Engine Covers Before Recent Failures: WSJ

2/2Reuters. United Airlines flight UA328 returns to Denver International Airport with its starboard engine on fire after it called a Mayday alert 2/2 Boeing (NYSE:BA) Co was planning to replace engine covers on its 777 jets months before a pair of recent serious failures, the Wall Street Journal reported on Thur

25 Feb

Carbon offsets gird for lift-off as big money gets close to nature

Carbon Offsets Gird For Lift-off As Big Money Gets Close To Nature

2/2Reuters. European oil majors see profits in boosting projects for carbon offset markets 2/2 By Susanna Twidale and Shadia Nasralla LONDON An expected dash by big corporations for offsets to meet their climate targets has prompted financial exchanges to launch carbon futures contracts to capitalise on what could be a mult

25 Feb

GameStop Resurgence Extends as Meme Stock Mania Kicks Up Anew

GameStop Resurgence Extends As Meme Stock Mania Kicks Up Anew

GameStop Resurgence Extends as Meme Stock Mania Kicks Up Anew -- GameStop (NYSE:GME) continued its resurgence in U.S. premarket trading, rising as much as 83% after more than doubling on Wednesday in a move that spread to a host of other meme stocks at the center of last month’s day trader-driven frenzy.The stock rose as high as $167.50 and traded at $1

25 Feb

StockBeat: As Powell Provokes Sighs of Relief, AB Inbev Just Provokes Sighs

StockBeat: As Powell Provokes Sighs Of Relief, AB Inbev Just Provokes Sighs

. By Geoffrey -- The everything rally is back on. Unless you’re AB Inbev, that is.Shares in the world’s largest brewer fell 5.4% on Thursday, missing out on a broad rally in global stocks, after investors zeroed in on a couple of nasties in the company’s update for the fourth quarter. AB Inbev (BR:ABI) stock was the worst performer in a Euro Stoxx index that

25 Feb

Exclusive: Google pledges changes to research oversight after internal revolt

Exclusive: Google Pledges Changes To Research Oversight After Internal Revolt

. The Google name is displayed outside the company's office in London, Britain By Jeffrey Dastin and Paresh Dave Alphabet (NASDAQ:GOOGL) Inc's Google will change procedures before July for reviewing its scientists' work, according to a town hall recording heard by , part of an effort to quell internal tumult over the integrity of its ar

25 Feb

AstraZeneca says it will have no vaccine supply shortfall in second quarter, EU wary

AstraZeneca Says It Will Have No Vaccine Supply Shortfall In Second Quarter, EU Wary

. COVID-19 vaccinations in Stevenage MILAN/BRUSSELS AstraZeneca (NASDAQ:AZN) will deliver 180 million COVID-19 vaccines to Europe in the second quarter, including 20 million to Italy, the head of its Italian unit was quoted as saying on Thursday, but EU officials remained wary about supply. reported on Tuesday, citing an EU official di

25 Feb

Tesla temporarily halts production at Model 3 line in California: Bloomberg News

Tesla Temporarily Halts Production At Model 3 Line In California: Bloomberg News

. A Tesla sign at the carmaker's branch office in Bern, Switzerland Tesla (NASDAQ:TSLA) Inc has told workers it will temporarily halt some production at its car assembly plant in California, News reported on Thursday, citing a person familiar with the matter. Workers on a Model 3 production line in Fremont were told their line would

25 Feb

Texas lawmakers kick off investigation into deadly power blackout

Texas Lawmakers Kick Off Investigation Into Deadly Power Blackout

3/3Reuters. A car idles in a driveway on Jordan Drive, a street with no power in the early morning in Corpus Christi 2/3 By Gary McWilliams Texas state legislators on Thursday begin digging into the causes of deadly power blackouts that left millions shivering in the dark as frigid temperatures caught its grid operator and

25 Feb

Aston Martin says back on the road to profitability after 2020 loss

Aston Martin Says Back On The Road To Profitability After 2020 Loss

. A logo on the new Aston Martin DBX at the new Aston Martin Lagonda factory in Barry By Costas Pitas LONDON Aston Martin expects to almost double sales and move back towards profitability this year after sinking deeper into the red in 2020, when the luxury carmaker was hit by the pandemic, changed its boss and was forced to raise cash. The Br

25 Feb

Firms' climate data reporting is improving, says Norway wealth fund

Firms' Climate Data Reporting Is Improving, Says Norway Wealth Fund

. A general view of the Norwegian central bank, where Norway's sovereign wealth fund is situated, in Oslo OSLO Companies are improving the way they report about their impact on the climate, Norway's $1.3 trillion sovereign wealth fund said on Thursday, having long called for fuller disclosures. Investing the state's revenues from oil and gas p

25 Feb

European Stocks Higher; Bayer in Focus Amid Earnings Deluge

European Stocks Higher; Bayer In Focus Amid Earnings Deluge

. By Peter Nurse European stock markets pushed higher Thursday, with investors overlooking some weak corporate earnings and outlooks after fresh reassurances from Federal Reserve Chairman Jerome Powell that monetary policy will stay loose for the foreseeable future.At 3:55 AM ET (0855 GMT), the DAX in Germany traded 0.1% higher, the CAC 40 in France rose 0.4% an

25 Feb

Daimler truck unit to focus on CO2-neutral technology

Daimler Truck Unit To Focus On CO2-neutral Technology

. The Daimler logo is seen before the carmaker's annual shareholder meeting in Berlin BERLIN German luxury carmaker Daimler (OTC:DDAIF) said on Wednesday that its plan to spin off Daimler Trucks will allow the world's largest truck and bus maker to become more profitable and focus more on developing technologies to cut carbon emissions. The sp

25 Feb

Miners, banks lead European markets higher as Fed calms inflation woes

Miners, Banks Lead European Markets Higher As Fed Calms Inflation Woes

. The German share price index DAX graph is pictured at the stock exchange in Frankfurt European shares rose on Thursday, led by sectors deemed to benefit from a broader economic recovery as the U.S. Federal Reserve signalled it would maintain a loose monetary policy, while Standard Chartered (OTC:SCBFF) fell as its annual profit slumped. The British lend