Breaking News

Welltower Inc. (WELL), a real estate investment trust that invests in healthcare infrastructure, Tuesday said it has raised guidance for its full-year normalized funds from operations. The company now expects normalized funds from operations per share in the range of $3.43 - $3.56 for the full year,...

Chemistry company The Chemours Co. (CC) announced Tuesday the resignation of Chief Financial Officer Sameer Ralhan, effective June 19. Leveraging a strong bench of top talent and thoughtful succession planning, Jonathan Lock, Senior Vice President (SVP) and Chief Development Officer, is appointed...

Fashion retailer Chico's Fas Inc. (CHS) on Tuesday reported net income for the first quarter of $39.91 million or $0.32 per share, higher than $34.93 million or $0.28 per share in the year-ago quarter. Total net sales for the quarter decreased 1.1 percent to $534.74 million from $540.92 million in...

Check-Cap Ltd. (CHEK) said the company is exploring strategic alternatives, and has engaged Ladenburg Thalmann & Co. Inc. as an advisor in the process. Check-Cap noted that the strategic alternatives include the sale of all or part of the company, licensing, merger or reverse merger. The company's...

Recreational vehicles maker Thor Industries, Inc. (THO) Tuesday reported lower profit in the third quarter, primarily driven by decreased sales due to lower demand. However, earnings and revenue beat the Street view. Profit in the third quarter decreased to $120.72 million or $2.24 per share from...

Teleflex Incorporated (TFX) announced FDA 510(k) clearance of Arrow EZ-IO Needle for MR conditional safety status labeling. The company said the new labeling allows the clinician to continuously care for patients who require MRI scans without interruption to the established site for vascular access....

The U.S. dollar weakened against other major currencies in the European session on Tuesday, as weak ISM services activity data for May boosted hopes for a pause in rate hikes at the Fed meeting next week. Survey from the Institute for Supply Management showed that U.S. services PMI index fell to 50.3...

Apple has unveiled a bunch of new products for its customers including its first spatial computer Vision Pro Headset. The tech major has also introduced iOS 17, 15-inch MacBook Air, iPadOS 17, TvOS 17 For Apple TV, WatchOS 10 For Apple Watch, New Mac Studio, Mac Pro, and M2 Ultra, among others. The Apple Vision Pro features visionOS, the world's first spatial operating system.

Associated British Foods Plc (ASBFY.PK, ABF.L) Tuesday said it has agreed to acquire National Milk Records plc or NMR for 215 pence per share in cash. The acquisition values NMR at approximately 48.0 million pounds. The companies have reached agreement on the terms of a recommended cash acquisition....

Philip Morris International Inc. (PM) Tuesday said it now expects second-quarter adjusted earnings at the top end of previous view, and also reaffirmed its fiscal 2023 forecast. For the second quarter, the company now expects adjusted earnings per share toward the top end of its prior forecast of...

Following the rally seen to close out the previous week, stocks turned in a relatively lackluster performance during trading on Monday. The major averages spent the day bouncing back and forth across the unchanged line.

After showing a lack of direction early in the session, the major U.S. stock indexes are turning in a mixed performance in afternoon trading on Monday. While the Nasdaq and the S&P 500 have moved to the upside, the narrower Dow is lingering in negative territory.

Reversing direction, the U.S. dollar fell against its major counterparts in the New York session on Monday, after a data showed that nation's service sector growth slowed more than expected in May. Survey data from the Institute for Supply Management showed that services PMI fell to 50.3 in May from...

Service sector activity in the U.S. saw only modest growth in the month of May, according to a report released by the Institute for Supply Management on Monday, with the index of activity in the sector falling by more than expected. The ISM said its services PMI fell to 50.3 in May from 51.9 in April, although a reading above 50 still indicates growth in the sector.

The Commerce Department released a report on Monday showing new orders for U.S. manufactured goods increased by slightly less than expected in the month of April. The report said factory orders rose by 0.4 percent in April after climbing by a downwardly revised 0.6 percent in March.