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Guidewire (GWRE) said that it has entered into an accelerated share repurchase agreement with Morgan Stanley & Co. LLC to repurchase an aggregate of $200 million of outstanding shares of common stock, as part of its $400 million share repurchase authorization. As per the terms of the accelerated share...

Jefferies Group Inc. (JEF) Wednesday reported third-quarter net income of $195 million or $0.78 per share, compared to net income of $407.5 million or $1.50 per share last year. Adjusted net income was $275 million, or $1.10 per diluted share, after removing $80 million of expense related to a regulatory...

Vail Resorts, Inc. (MTN) reported fourth-quarter net loss of $108.7 million or $2.70 per share, narrower than last year's loss of $140.8 million or $3.49 per share. Net revenues for the fourth quarter was $267.1 million, up from $204.2 million last year. Analysts polled by Thomson Reuters estimate...

Newmont Corp. (NEM) Wednesday announced that Chief Fiancial Officer Nancy Buese will step down, effective November 1. Buese will be succeeded by Brian Tabolt on an interim basis as Newmont commences a global search. "Over the last six years, Nancy provided exemplary leadership and sound guidance...

wallstreet july27 28sep22 After moving sharply lower over the past several sessions, stocks showed a substantial rebound during trading on Wednesday. The major averages all showed strong moves back to the upside, with the Dow and the S&P 500 bouncing off their lowest closing levels since late 2020.

wallstreet sept13 28sep22 Stocks have moved sharply higher over the course of the trading day on Wednesday, regaining ground following recent weakness. The Dow and the S&P 500 are bouncing well off their lowest levels since late 2020.

wallstreet aug24 28sep22 After fluctuating early in the session, stocks have moved mostly higher over the course of morning trading on Wednesday. The major averages have all moved to the upside following the mixed performance seen in the previous session.

pending home sales 092822 A report released by the National Association of Realtors on Wednesday showed pending home sales in the U.S. fell for the third straight month in August, with the decrease exceeding economist estimates. NAR said its pending home sales index dove by 2.0 percent to 88.4 in August after falling by 0.6 percent to a revised 90.2 in July.

The pound fell against its major rivals in the European session on Wednesday, after the Bank of England announced that it would intervene to support the bond market to prevent a material risk to financial stability. The BOE noted that it is watching developments in financial markets very closely in...

VF Corp. (VFC) said its second quarter revenue is expected to be up low single digit percentage in constant dollars and adjusted EPS is expected to be in the range of $0.70 to $0.75. Also, the company expects to record a non-cash charge during second quarter in the range of $300 million to $450 million. The...

BTRS Holdings Inc. (BTRS), a B2B accounts receivable automation and integrated payments leader, announced that it has entered into a definitive agreement to be acquired by EQT X fund, part of EQT Private Equity, in an all-cash transaction valuing BTRS's equity at approximately $1.7 billion. Under...

wallstreet nov01 28sep22 Following the mixed close seen in the previous session, the major U.S. stocks indexes may once again move in opposite directions in early trading on Wednesday. The major index futures are currently pointing to a mixed open for the markets, with the Dow futures up by 0.3 percent but the Nasdaq futures down by 0.2 percent.

iPhone maker Apple, Inc. has shelved its plans to boost production of the recently launched iPhone 14 line up after seeing a lower than anticipated demand for the highly popular smartphones, according to a Bloomberg report. he company had also asked suppliers and assemblers to be ready for the boost...

covidtest sep28 The U.S. Food and Drug Administration said it now intends to review only a small subset of new emergency use authorization or EUA requests for diagnostic tests. As per an updated COVID-19 test policy with a view to ensure continued access to tests, the regulator further urged developers of all test types seeking marketing authorization to pursue traditional premarket review for most test types.

Citius Pharmaceuticals, Inc. (CTXR) has submitted a Biologics License Application to the FDA for denileukin diftitox, an engineered IL-2-diphtheria toxin fusion protein for the treatment of patients with persistent or recurrent cutaneous T-cell lymphoma. I/ONTAK is a purified and more bioactive formulation...

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