Flowco Holdings 17.8M-Share IPO Prices at $24 Each
Flowco Holdings said its initial public offering of 17.8 million shares priced at $24 a share, above the expected price range of $21 to $23 a share. The company said proceeds from the offering would ...
Delta Taps Former Walmart Exec for Board of Directors
Judith McKenna, who spent roughly a decade in executive leadership at Walmart, is planning to join Delta Air Lines' board of directors. McKenna is expected to join the board starting Feb. 7.
Carrier Global Names Amy Miles as Independent Board Director
Carrier Global said that Amy Miles, chair of the board of Norfolk Southern since May 2022, is joining its board as an independent director. The provider of climate and energy solutions on Wednesday ...
Kraft Heinz Appoints New Regional Head of International Markets
Kraft Heinz appointed Marcel Regis as president of its west and east emerging markets division.
Why S&P 500’s financials sector just booked its best day since early November
Bank stocks broadly rallied Wednesday as investors cheered the kickoff of earnings season and expressed a sigh of relief over ...
BigBear.ai Names Kevin McAleenan as CEO
BigBear.ai said President Kevin McAleenan was named as chief executive officer, effective Jan. 15. He succeeds Mandy Long, who is stepping down as CEO and from the board, and will serve as an adviser, ...
Concentrix Expects Drop in 1Q Revenue
For fiscal 2025, Concentrix guided for revenue of $9.47 billion to $9.61 billion and adjusted earnings in the range of $11.18 to $11.77. Wall Street expects full-year revenue of $9.61 billion and ...
Serina Therapeutics Sells UniverXome Subsidiary
Serina Therapeutics on Wednesday said it has sold its UniverXome subsidiary in a deal which was finalized on Dec. 23. The biotechnology company said on Wednesday that the transaction eliminated $11.2 ...
3 signs bitcoin isn’t done breaking record highs just yet
Welcome back to Distributed Ledger. This is Frances Yue, crypto reporter at MarketWatch.
U.S. stocks finish sharply higher, helped by CPI data and plunging yields
The Dow Jones Industrial Average and S&P 500 finished with a third straight day of gains on Wednesday, after December's consumer-price index sparked a relief rally and the biggest plunge in Treasury ...
Small-cap stocks post big gain as Treasury yields slide
Small-cap stocks in the U.S. were posting a big gain Wednesday as interest rates fell in the bond market, bringing the Russell 2000 index back into positive territory so far in January. The Russell ...
Oil prices end higher as traders weigh demand prospects, supply risks
Oil futures settled higher Wednesday, finding support after snapping a three-day winning streak that had been driven in part ...