ACI earnings call for the period ending September 30, 2021.
The choppy seas for cruise line investors continued on Wednesday, as shares of Royal Caribbean (NYSE: RCL) and Norwegian Cruise Line Holdings (NYSE: NCLH), and most especially Carnival Corporation (NYSE: CCL) (NYSE: CUK), which were down yesterday, bounced back today. As of 10:50 a.m. ET, shares of both Royal Caribbean and Norwegian Cruise are gaining 3%, while Carnival is leading the pack higher with a 3.8% gain.
Each of these stocks has been "trampled on unjustly," the Mad Money host says.
Yahoo Finance's Ines Ferre breaks down how markets are digesting the first confirmed Omicron COVID case in the U.S.
What happened Shares of Arbutus Biopharma (NASDAQ: ABUS) rocketed higher on Wednesday morning in response to a court ruling in its favor. The stock was up 70.2% at 11:41 a.m. on Wednesday. So what Moderna's (NASDAQ: MRNA) attempt to avoid paying royalties on the lipid nanoparticle (LNP) technology that its COVID vaccine relies upon took another turn for the worse.
Shares of the Covid vaccine provider have tumbled after a U.S. Court of Appeals for the Federal Circuit panel of three judges upheld a ruling against the biotech company.
(Reuters) -Former President Donald Trump's new social media venture is seeking to raise up to $1 billion by selling shares to hedge funds and family offices at several times the valuation it commanded in a deal with a blank-check acquisition firm in October, two people familiar with the matter said. Trump Media & Technology Group, which has yet to roll out the social media app it says it is developing, already stands to receive $293 million if its deal to list in New York through a merger with blank-check firm Digital World Acquisition Corp is completed. Trump Media is now seeking to raise up to an additional $1 billion at a valuation of close to $3 billion, to reflect Digital World's share rally after Trump supporters and day traders snapped up the stock, the sources said.
Shares of Ford Motor Company (NYSE: F) were moving higher on Wednesday after a prominent Wall Street analyst noted that the company's electric Mustang Mach-E is on track to outsell a key rival in 2021. As of 12:45 p.m. ET, Ford's shares were up about 5.1% from Tuesday's closing price. In a new note on Wednesday morning, Morgan Stanley analyst Adam Jonas noted that Ford sold 21,703 Mustang Mach-Es in the U.S. through October.
The South San Francisco company, which has expanded its real estate footprint this year, had been working with Kindred Biosciences since spring 2020 on manufacturing its experimental Covid vaccine tablet.
Vertex Pharmaceuticals said Wednesday its kidney disease treatment scored in a Phase 2 study, and VRTX stock rocketed to a six-month high.
ViacomCBS Inc Chair Shari Redstone, who in the past has hinted at more deals to bulk up the media empire, said on Wednesday the company will focus on organic growth and seek global expansion opportunities. In an interview during the Reuters Next conference, she said the company remained open to “always look at opportunities out there,” but had no immediate urge to merge. ViacomCBS, with its $20.1 billion market valuation, is one-tenth the size of the Walt Disney Co. As media conglomerates have raced to bulk up to amass content for subscriptions and advertising-supported streaming video services, the company’s relatively smaller scale has spurred speculation that Redstone would seek another deal.
The data-management focused company reported revenue that beat expectations, giving shares of Snowflake a boost during after-hours trading, reports Yahoo! Finance's Ines Ferre.
Shares of Boeing (NYSE: BA) have been grounded in recent years due to concerns about the pandemic and issues with its 737 MAX. Neither of those issues are completely resolved, and Boeing shares dropped 4.9% on Wednesday due to worries about a new twist in the pandemic. It has been a rough few years for Boeing investors.
Shares of Tesla (NASDAQ: TSLA) raced out of the gate Wednesday morning, climbing 2.3% in the first couple minutes of trading before beginning to fall back. Tesla's first big pop seems to have been sparked by a bit of corporate theater. In an apparent poke at the phenomenon of whistleblowers trying to embarrass their bosses, Elon Musk tweeted last night that Tesla is now selling a "limited-edition Cyberwhistle" shaped like its still-unavailable Cybertruck.
For investors looking to get away from this volatility and find more safety, holding dividend stocks in your portfolio can be an excellent decision. Two dividend stocks that pay an above-average yield and are incredibly cheap right now are AbbVie (NYSE: ABBV) and ViacomCBS (NASDAQ: VIAC). AbbVie makes for an ideal buy-and-forget investment.
Yahoo Finance's Anjalee Khemlani runs down the CDC's report of the first case of the Omicron variant in the U.S., while Markets Reporter Ines Ferre breaks down how markets and travel sectors are reacting to this news.
Shares of Vertex Pharmaceuticals (NASDAQ: VRTX) were jumping 8.2% as of 12:01 p.m. ET on Wednesday. The nice gain came after the big biotech announced positive results from a phase 2 proof-of-concept study evaluating VX-147 in treating patients with APOL1-mediated focal segmental glomerulosclerosis (FSGS). FSGS is a kidney disease caused by variants of the APOL1 gene.
Yahoo Finance Live's Julie Hyman runs down some of the leading national headlines, including court rulings on President Biden's vaccine mandate, Tesla CEO Elon Musk's warning about SpaceX, and Fannie Mae and Freddie Mac backing home loans of nearly $1 million.
Those following along with Clover Health Investments, Corp. ( NASDAQ:CLOV ) will no doubt be intrigued by the recent...
My dad died on Nov. 12, with no will, in Indiana. One of my siblings was there during his illness and signed a do-not-resuscitate. My siblings and I do not know who the beneficiary is on any of these things.
Helane Becker, Cowen senior research analyst, examines the relationship between airline holdings and COVID variants as travelers become more accustomed to pandemic regulations.