Month: May 2020

JP Morgan Chase & Co. Chairman & Chief Executive Officer Jamie Dimon testifies before the House Financial Services Committee on accountability for megabanks in the Rayburn House Office Building on Capitol Hill in Washington, DC on April 10, 2019. Mandel Ngan | AFP | Getty Images JPMorgan Chase shares rose Tuesday after CEO Jamie Dimon called the
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The New York Stock Exchange trading floor, closed since March 23, is partially reopening on Tuesday. “I’m ready,” floor trader Jonathan Corpina of Meridian Equity Partners said. “We have been waiting a long time, we are prepared. Our customers are ready.” Corpina acknowledged some trepidation about returning, a feeling of “walking into the unknown.” “For
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Take a look at some of the biggest movers in the premarket: Merck (MRK) – The drugmaker announced the acquisition of privately held Themis, whose Covid-19 vaccine candidate is approaching human trials. It is also striking a vaccine partnership with non-profit vaccine researcher IAVI, as well as a collaboration with privately held Ridgeback Biotherapeutics to
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An employee of the Internet company Facebook walks through the courtyard of the company campus in Menlo Park, California. Christoph Dernbach | picture alliance | Getty Images Check out the companies making headlines in midday trading.  Analog Devices — Shares of the semiconductor stock rose more than 8% following its earnings that beat Wall Street’s expectations.
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China has sought to reassure international investors that a proposed national security law that critics say gravely threatens Hong Kong’s autonomy would instead improve the business environment in the Asian financial hub.  Speaking a day after pro-democracy protesters returned to the streets of Hong Kong following a hiatus during the coronavirus outbreak, Xie Feng, China’s
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Still a few days shy of its one-month anniversary as a public company, DraftKings (NASDAQ:DKNG) stock is rapidly becoming the toast of Wall Street. Source: Lori Butcher/Shutterstock.com Shares of the daily fantasy sports (DFS) company and sportsbook operator are up 45% since the April 24 initial public offering. Under any circumstances, that’s an impressive performance,
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