Following the substantial rally seen last week, stocks saw a modest pullback during trading on Monday. The major averages all moved to the downside, although selling pressure was relatively subdued. The major averages finished the day well off their lows of the session but still in the red.
Massimo Group (MAMO), Monday announced the transition of David Shan's role from Chief Executive Officer to Executive Chairman of the company. Also, it announced the appointment of Quenton Petersen as the new CEO, effective April 14, 2026. Commenting on the company's plans, Petersen said, "We plan...
Stock of BWX Technologies, Inc. (BWXT) is falling about 3 percent on Monday morning trading after it announced an agreement to acquire Precision Components Group, LLC, including its subsidiaries Precision Custom Components and DC Fabricators. The company's stock is currently trading at $228.21, down...
Stocks are seeing modest weakness during trading on Monday, giving back ground following the substantial rally seen in the previous week. The major averages have all moved to the downside, although selling pressure appears relatively subdued. The modest weakness on Wall Street comes amid concerns about the re-escalation of tensions between the U.S. and Iran.
Shares of American Airlines Group Inc. (AAL) are falling about 4 percent during Monday morning trading, possibly due to a statement released by the company last week, clearing rumors regarding a merger with United Airlines. The company's stock is currently trading at $12.15, down 4.85 percent, over...
Medtronic plc (MDT), a healthcare technology company, on Monday announced that it has completed its acquisition of privately held medical device company CathWorks in a deal valued at $585 million, with a possibility of potential undisclosed earn-out payments. The purchase follows a 2022 co-promotion...
enCore Energy Corp. (EU), an energy company, on Monday announced that it has named Richard Little, as chief executive officer and director supplanting Robert Willette effective immediately. Founder and former Executive Chair, William Sheriff will return as executive chair, with immediate effect, at...
Shares of TopBuild Corp. (BLD) are rising about 16 percent on Monday morning trading, possibly due to QXO, Inc.'s (QXO) announcement yesterday to acquire the company for $17 billion. The company's shares are currently trading at $478.04 on the New York Stock Exchange, up 16.50 percent. The stock...
AT&T Inc. (T) and Citigroup Inc. (C), Monday announced new benefits of the AT&T Points Plus Card, which now includes monthly AT&T wireless and internet bill discounts, 2x ThankYou Points on AT&T products and services and no foreign transaction fees. Through this program, the card offers wide-ranging...
Following the substantial rally seen last week, stocks are likely to give back ground in early trading on Monday. The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 0.4 percent. Concerns about the re-escalation of tensions between the U.S....
McKesson Corporation (MCK), a healthcare service provider, said on Monday that it has inked a deal with Apollo Funds to sell a minority ownership interest in Medical-Surgical Solutions, or MMS, business. "This transaction represents a meaningful milestone as McKesson executes its separation strategy...
Domino's Pizza, Inc. (DPZ), Monday announced that customers can now get 50 percent discount on all menu-priced pizzas ordered online from April 20 to 26. "From the first pick to the final round, Domino's is here with a deal that makes draft-day gatherings even better. Whether you're feeding a full...
Ennis, Inc., (EBF) a U.S. based supplier of business products, Monday reported lower earnings for its fourth quarter in spite of higher revenues For the fourth quarter, Net earnings came in at $8.84 million compared to $9.02 million last year. The company reported a one time other expense of $4.2...
Surf Air Mobility Inc.(SRFM), an American aviation company, on Monday revised its adjusted EBITDA loss guidance and reaffirmed its revenue outlook for fiscal 2026. Deanna White, CEO of Surf Air Mobility, said:"SurfOS and our work with Palantir is driving measurable efficiency and cost savings. Improving...
Pasithea Therapeutics Corp. (KTTA) on Monday said the U.S. Food and Drug Administration has granted Rare Pediatric Disease Designation to PAS-004 for the treatment of Neurofibromatosis Type 1 (NF1), a rare genetic disorder. The designation makes the program eligible for a Priority Review Voucher if...
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.