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wholesale inventories 100722 A report released by the Commerce Department on Friday showed U.S. wholesale inventories surged by more than expected in the month of August. The Commerce Department said wholesales inventories shot up by 1.3 percent in August after rising by 0.6 percent in July. Economists had expected inventories to jump by 1.1 percent.

wallstreet aug13 07oct22 Extending the pullback seen over the two previous sessions, stocks have moved sharply lower in morning trading on Friday. The major averages continue to offset the substantial recovery rally seen at the start of the week.

nonfarm payroll 100722 The Labor Department released its closely watched monthly jobs report on Friday, showing U.S. job growth slowed in the month of September but still came in slightly stronger than economists had anticipated.

Biotechnology company PharmaCyte Biotech, Inc. (PMCB) announced Friday that its CEO Kenneth Waggoner has stepped down from the position as CEO, effective October 6, 2022. The Board has since appointed Joshua Silverman, a member of the Board, as interim CEO. Silverman is currently a director of PharmaCyte...

Ambac Financial Group (AMBC), a financial services holding company whose subsidiaries include Ambac Assurance Corp or AAC, announced Friday that AAC entered into an agreement to settle all of its claims against Bank of America (BAC) and related entities for $1.84 billion. This settlement materially...

Teva Pharmaceuticals, a U.S. affiliate of Teva Pharmaceutical Industries Ltd. (TEVA), has reached an agreement with the Attorney General of Arkansas to settle the state's price-fixing claims against the company. Teva will pay the state $931 thousand. The state will dismiss all of its claims against Teva...

Sachem Capital Corp. (SACH), a real estate finance company, said on Friday that it has authorized to buy back up to $7.5 million of shares at current market prices or in negotiated transactions off the market. The repurchase drive is expected to continue through September 30, 2023. John Villano,...

wallstreet oct26 07oct22 Stocks may move to the downside in early trading on Friday, extending the pullback seen over the two previous sessions. The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 0.8 percent.

The Labor Department released its closely watched monthly jobs report on Friday, showing employment in the U.S. increased by slightly more than expected in the month of September.

Semtech Corporation (SMTC), a supplier of signal semiconductors and advanced algorithms, said on Friday that it has upsized its previously announced private offering of convertible senior notes to $300 million, from $250 million. The sale of the convertible senior notes due 2027 is expected to close...

Deluxe Corporation (DLX), a payments and business technology firm, said on Friday that it has appointed Chip Zint as Senior Vice President and Chief Financial Officer, with effect from October 17. Zint will succeed Scott Bomar, who is stepping down from the role to assume a senior role at a former...

West Realm Shires Services Inc. and FTX Trading Limited and Visa announced a long-term global partnership. FTX will offer FTX-branded Visa debit cards to FTX customers in 40 new countries, initially across Latin America. The debit cards are linked directly to a user's FTX accounts, and are available...

CytoSorbents Corp. (CTSO) announced Friday that its Chief Financial Officer Kathleen Bloch plans to retire on March 31, 2023 at age 68, following a distinguished decade-long career at the Company. A search has been initiated for Bloch's replacement. Meanwhile, following her retirement next year,...

startssemitrucks oct7 Tesla CEO Elon Musk announced that the luxury electric vehicle maker has started the production of Tesla Semi electric trucks, and the first delivery will be to food and beverages giant Pepsico Inc. starting December 1. In a tweet, Musk said, "Excited to announce start of production of Tesla Semi Truck with deliveries to @Pepsi on Dec 1st!"

us pre market 053119 07oct22 The following are some of the stocks making big moves in Friday's pre-market trading (as of 06.30 A.M. ET).

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