Quarter-end buying may lift stocks higher before the next market storm

Quarter-end buying may lift stocks higher before the next market storm

Trader on the floor of the NYSE, June 7, 2022. Source: NYSE The stock market is about to close out its worst first half in decades in the week ahead, setting the stage for a summer of uncertainty and volatility. But in the very near term, strategists see a window of positive momentum for an … Read more

U.S. Gas Sales to China Dry Up as Ukraine War Disrupts Energy Trade

U.S. Gas Sales to China Dry Up as Ukraine War Disrupts Energy Trade

BEIJING—This time last year, China was racing to buy as much natural gas from the U.S. as it could get. After Russia invaded Ukraine, those purchases all but dried up, and China is now buying more from Russia. The U.S.-China energy trade had until recently been one area of deepening ties in an otherwise fractious … Read more

Blackberry stock slips after results top Street view

Blackberry stock slips after results top Street view

BlackBerry Ltd. shares ticked lower in the extended session Thursday after the cybersecurity and IoT company posted a slight beat to Wall Street expectations. BlackBerry  BB, +0.94% shares declined 1.5% after hours, following a 0.9% rise in the regular session to close at $5.37. The company reported a first-quarter loss of $181 million, or a … Read more

Accenture, Darden Restaurants, FactSet and more

Accenture, Darden Restaurants, FactSet and more

Check out the companies making headlines before the bell: Accenture (ACN) – The consulting firm’s shares fell 3.3% in the premarket after its quarterly revenue beat forecasts but earnings were impacted by the cost of its Russia exit. Accenture raised its full-year revenue forecast but cut the top end of its projected earnings range due … Read more

Juul Ban Will Send Altria’s Strategy, and $13 Billion, Up in Smoke

Juul Ban Will Send Altria’s Strategy, and  Billion, Up in Smoke

Juul Labs was on pace to make 94% of its revenue in the U.S. this year. Photo: Seth Wenig/Associated Press Updated June 22, 2022 4:29 pm ET Altria Group’s MO -9.19% disastrous investment in Juul Labs is taking another turn for the worse. On Wednesday, The Wall Street Journal reported that the Food and Drug … Read more