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Armour Residential REIT Cuts January Dividend
By Will Feuer Armour Residential REIT, a real-estate investment trust that invests in mortgage-backed securities,…
Meta’s Threads Launches in Europe
By Mauro Orru Meta Platforms rolled out Threads in Europe, months after the Facebook and…
Empire 2Q Profit Slides, Sales Rise
By Adriano Marchese Empire on Thursday reported lower earnings in its fiscal second quarter, missing…
AerSale Shares Slide on Secondary Offering of 4 Million Shares
By Dean Seal Shares of AerSale slipped after the company said certain stockholders plan to…
Adobe’s Earnings Disappointed. Why Analysts Still Say Buy the Stock.
Analysts maintained their enthusiasm for software marker Adobe after it reported earnings this week. That…
GM Cruise Is Laying Off 24% of Its Staff Amid Robotaxi Crash Probe. GM Stock Rises.
The problems at General Motors ’ robotaxi business are mounting. Key personnel are leaving and…
Bitcoin Price Rises After Fed Holds Steady on Rates. What Comes Next.
Bitcoin and other cryptocurrencies were gaining Thursday after Federal Reserve officials gave a surprisingly strong…
Markets Rejoice as Fed Doves Take Flight. Why Stocks Are Soaring.
The important thing from Wednesday’s Federal Reserve decision was the long-awaited pivot.Just as Fed Chairman…
Moderna Stock Jumps. The Company Reports More Promising Data on Its Cancer Treatment.
Moderna on Thursday unveiled new data from a continuing early-stage trial of the personalized cancer…
Moderna, Rivian, SolarEdge, Adobe, Opendoor, Illumina, and More Market Movers
Stocks extended their rally Thursday after the Federal Reserve held interest rates steady and most central…
Mattel, Paramount working on American Girl movie
Mattel Inc., Paramount Global’s PARA, +6.57% Paramount Pictures and Temple Hill Entertainment plan to develop…
BP downgraded to underweight by JPMorgan
BP BP, +1.32% was downgraded to underweight from neutral at JPMorgan, which cut its target…
Alaska Air sees Q4 capacity and revenue at high end of guidance amid strong holiday travel demand
Alaska Air Group Inc. ALK, +1.37% said Thursday it expects fourth-quarter capacity and revenue to…
Moderna’s stock boosted by positive data from trial of melanoma treatment combined with Merck’s Keytruda
Moderna Inc.’s stock soared 14% early Thursday after the biotech company and partner Merck &…
Armour Residential cuts quarterly dividend to 24 cents a share from 40 cents previously
Armour Residential REIT Inc. ARR, +2.16% said Thursday it’s reducing its quarterly dividend to 24…