Workday Inc. WDAY, + 1.40% shares rose more than 12% to a new record in trading after hours Thursday after a well-deserved beat, expected increase and announcement of a new co-CEO. Workday reported a second-quarter net loss of $ 28 million, or 12 cents per share, on sales of $ …
Read More »Bank of America Corp. stock rises Thursday, the market performs
Shares of Bank of America Corp. BAC, + 1.91% advanced 1.92% to $ 26.05 on Thursday, over what turned out to be an all-positive session for the stock market, with the S&P 500 Index SPX, + 0.16% increase of 0.17% to 3,484.55 and the Dow Jones Industrial Average DJIA, + …
Read More »Hertz is seeking up to $ 1.5 billion in bankruptcy loan
Hertz Global Holdings Inc. is on the hunt for a $ 1.5 billion bankruptcy loan after regulators blocked the rental car company from pursuing a sale of what would likely be worthless, according to people familiar with the matter. Hertz reached out to existing debtors this week, as well as …
Read More »The COVID-19 vaccine candidates from Moderna and Pfizer need ultra-low temperatures, raising questions about storage, distribution
MARKTWATCH FRONT PAGE The COVID-19 vaccine candidates developed by Moderna Inc. and BioNTech and Pfizer Inc. will require strict standards for cooling, and that may hinder how they are distributed to the hundreds of millions of Americans who expect to receive them. See the full story. Pandemic PC boom drives …
Read More »Pandemic PC boom drives HP sales $ 1 billion higher than expected; stock 5%
Continuing the stagnant revenue streak, HP Inc. shares initially jumped 5% in trading after hours Thursday after reporting fiscal third-quarter sales that surpassed Wall Street’s $ 1 billion estimates, due to a pandemic. affected boom in sales of personal computers. HP HPQ, + 2.01% reported net income of $ 734 …
Read More »