Stocks showed a strong move to the upside during trading on Friday, extending the significant rebound seen over the course of Thursday's session. With the upward move, the major averages further offset the weakness seen earlier in the week. The tech-heavy Nasdaq reached new highs for the session going...
Biotest AG, Friday announced that its parent company Grifols, S.A. (GRFS) has received approval from the U.S. Food and Drug Administration for Fesilty, a human fibrinogen product developed for the treatment of acute bleeding episodes in pediatric and adult patients with congenital fibrinogen deficiency. With...
Stocks have moved mostly higher during trading on Friday, adding to the strong gains posted in the previous session. The major averages have all moved to the upside, further offsetting the weakness seen earlier in the week. Currently, the major averages are off their highs of the session but still firmly positive.
Consumer sentiment in the U.S. rebounded by less than previously estimates in the month of December, according to revised data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index for December was downwardly revised to 52.9 from a preliminary reading of 53.3. Economists had expected the index to be upwardly revised to 53.4.
Existing home sales in the U.S. saw a modest increase in the month of November, the National Association of Realtors revealed in a report released on Friday. NAR said existing home sales rose by 0.5 percent to an annual rate of 4.13 million in November after jumping by 1.5 percent to an upwardly revised rate of 4.10 million in October.
Conagra Brands, Inc. (CAG), a consumer packaged goods holding company, on Friday reported a net loss for the second quarter. However, the company's adjusted earnings beat Street view. In addition, Conagra Brands has reaffirmed its annual outlook. For the three-month period to November 23, the company...
Lamb Weston Holdings, Inc. (LW), Friday announced its results for the second quarter of fiscal 2026, reporting a net income of $62.1 million, or $0.44 a share, compared with a net loss of $36.1 million, or $0.25 a share, last year. In the pre-market hours, LW is moving down 13.72 percent, to $51.20...
Raytheon, a subsidiary of RTX Corp. (RTX), Friday announced that the company has been awarded a contract from the U.S. Air Force to equip the autonomous X-62A Variable In-flight Simulation Test Aircraft with a PhantomStrike radar. PhantomStrike, a first-of-its-kind, air-cooled and compact fire-control...
Following the notable rebound seen in the previous session, stocks may see further upside in early trading on Friday. The major index futures are currently pointing to a slightly higher open for the markets, with the S&P 500 futures up by 0.1 percent. Early buying interest may be generated in reaction...
Curaleaf Holdings, Inc. (CURLF, CURA.TO), a provider of consumer cannabis products, on Friday announced the termination of its binding commitment to acquire The Cannabist Company's Virginia assets. The company expects to receive a $3.3 million break fee upon cancellation of the agreement. The...
Whitestone REIT (WSR) on Friday said its board of trustees has authorized a share repurchase program of up to $50 million. The company also declared a quarterly dividend of $0.1425 per share, a 5.6% increase over the previous quarterly dividend, payable on March 30, 2026, to shareholders of record...
VersaBank (VBNK) on Friday announced that Nicolas Ospina has been appointed Global Chief Financial Officer with effect from January 5, 2026, in support of the bank's proposed restructuring to a standard U.S. bank framework. CFO John Asma was promoted to Executive Vice President, responsible for operations...
Commercial Metals Co. (CMC) on Friday welcomed a preliminary ruling by the U.S. Department of Commerce finding that rebar imports from Algeria have been unfairly dumped in the U.S. market. Following the ruling, a 127% anti-dumping duty will take immediate effect on all Algeria-origin rebar entering...
Altimmune, Inc. (ALT) on Friday reported positive topline results from the IMPACT Phase 2b trial of pemvidutide in patients with metabolic dysfunction-associated steatohepatitis (MASH) at 48 weeks. Topline data showed that pemvidutide achieved statistically significant improvements across treatment...
Renewable energy company Iberdrola, S.A. (IBDSF.PK), Friday announced an agreement to fully acquire the Ararat Wind Farm, located in the state of Victoria, Australia, from Partners Group and OPTrust. The financial terms of the deal were not disclosed. The acquisition would boost the company's ability...
December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.