fuboTV reports first $100 million quarter Shares of fuboTV Inc. FUBO, +8.02% were down 3% in extended trading Tuesday after the live-sports streaming service reported spikes in quarterly revenue and subscribers. The company said fourth-quarter revenue nearly doubled, to $105.1 million, from a year ago as its number of subscribers improved 73% to 548,000. In...
Lyft sees best week for rides since pandemic began; stock rises sharply In the best sign yet of a recovery in ride hailing, Lyft Inc. said Tuesday that it saw its largest volume of rides since March 2020 last week, sending its shares higher in after-hours trading. In a filing with the Securities and Exchange...
Biden aims for all teachers to get at least one vaccine shot by end of month President Joe Biden on Tuesday said he aims to “add one more tool to school reopening — a vaccinated workforce,” as he announced a goal of having every educator “receive at least one shot by the end of the...
API reports a weekly climb of more than 7 million barrels in U.S. crude supplies, sources say The American Petroleum Institute reported late Tuesday that U.S. crude supplies rose by nearly 7.4 million barrels for the week ended Feb. 26, according to sources. The data also reportedly showed gasoline stockpiles fell by 9.9 million barrels,...
Nordstrom tops quarterly views, promises better inventory management Shares of Nordstrom Inc. JWN, -1.03% fell more than 1% in the extended session Tuesday after the retailer beat analyst expectations for its fourth-quarter profit and sales but detailed inventory snags. Nordstrom said it earned $33 million, or 21 cents a share, in the quarter, compared with...
Biden: U.S. will have enough COVID vaccine supply for every adult by end of May President Joe Biden on Tuesday announced that the U.S. will have enough COVID-19 vaccine supply for every adult in America by the end of May. His announcement came as he said the country’s COVID vaccine supply will be boosted by...
Biden says U.S. will have enough COVID vaccine supply for every adult by end of May President Joe Biden on Tuesday announced that the U.S. will have enough COVID-19 vaccine supply for every adult in America by the end of May. His announcement came as he said the country’s COVID vaccine supply will be boosted...
: Treehouse Foods settles with activist investor Jana Partners, names two new board members TreeHouse Foods Inc. TreeHouse Foods, Inc. is a food manufacturer servicing primarily in retail grocery and foodservice channels. Its products include non dairy powdered creamers and sweeteners; condensed, ready to serve, and powdered soups; refrigerated and shelf stable salad dressings and...
Ross Stores stock falls 6% as retailer sees impact from virus winter 'upsurge' Shares of Ross Stores Inc. ROST, -2.43% fell more than 6% in the extended session Tuesday after the retailer said that an “upsurge” in COVID-19 cases around the holidays hit foot traffic in its stores, particularly as California, where Ross has a...
Stocks end lower as tech shares lead pullback Stocks ended moderately lower Tuesday, giving back some of the gains scored the previous session as a rise in global bond yields relented. The Dow Jones Industrial Average DJIA, -0.46% fell 144 points, or 0.5%, to end near 31,391, according to preliminary figures, while the S&P 500...