Text size David Becker / Getty Images Intel fights back against growing consensus picture that delays in manufacturing caused the 52-year-old chipmaker behind rivals such as Advanced Micro Devices. Over the course of nearly three hours, Intel (ticker: INTC) engineers from various business departments talked in depth about various lines …
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Shares of Novavax Inc. NVAX, + 5.66% rally took 2.8% in premier trading Thursday after the biotechnology company said it had concluded a development and supply agreement with South Korea-based SK Group subsidiary SK Bioscience for the antigen component of Novavax’s COVID-19 vaccine candidate, NVX-CoV2373. The companies have also signed …
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AMC Entertainment Holdings Inc. shares AMC, + 1.75% went 7% in premarmer trade Thursday, after the largest cinema cinema in the US said it planned to reopen its doors on August 20 to celebrate 100 years in the company with plans to raise the 1920 price tag 15 cents to …
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Phillips 66 PSX, + 0.46% said Wednesday that it will stop producing crude oil fuel at its San Francisco Refinery in Rodeo, California, and that it will reconfigure the refinery to produce sustainable fuels. It will start with making fuels from used cooking oil, fat, fats and soybean oil. The …
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Text size Getty Images U.S. equities stand despite the lack of progress in efforts to negotiate another stimulus package and further data showing strengthening inflation. Shortly after the open, the Dow Jones Industrial Average averaged 263 points, or 1%, up 27,950. The S&P 500 also advanced 1%, while the Nasdaq …
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