Corporate stock

July 09, 2019 - 6:48 am
LONDON (AP) — Richard Branson's space-tourism venture, Virgin Galactic, is planning to go public, creating the first publicly listed human spaceflight firm. Virgin Galactic is merging with Social Capital Hedosophia, whose CEO, Chamath Palihapitiya, will become chairman of the combined entity. The...
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July 09, 2019 - 3:05 am
BERLIN (AP) — Shares in Germany-based chemicals maker BASF have dropped after the company issued a profit warning, citing factors that included declining global auto production, weakness in the North American agricultural sector and trade conflicts. BASF shares dropped 5.1% to 59.38 euros ($66.62)...
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Julie Wainwright, center, CEO of The RealReal, celebrates her company's IPO at the Nasdaq opening bell, Friday, June 28, 2019 in New York. The online reseller of luxury brand clothing and accessories is based in San Francisco. (AP Photo/Mark Lennihan)
June 28, 2019 - 4:00 pm
NEW YORK (AP) — Shares of The RealReal jumped on their first day of trading Friday, as the secondhand-fashion online retailer tests investors' appetite for the staying power of online marketplaces for pre-owned discounted Gucci and other luxury goods. The San Francisco company, founded in 2011 by...
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FILE - In this Feb. 8, 2019, file photo, the logo for Citigroup appears above a trading post on the floor of the New York Stock Exchange. The nation's largest banks including Citigroup are rewarding shareholders by spending tens of billions raising their dividends and buying back stock after getting the green light from the Federal Reserve. (AP Photo/Richard Drew, File)
June 27, 2019 - 5:00 pm
NEW YORK (AP) — The nation's largest banks are rewarding shareholders by spending tens of billions raising their dividends and buying back stock after getting the green light from the Federal Reserve. The Fed on Thursday said it had approved the capital plans the nation's 18 largest banks submitted...
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In this June 5, 2009, photo a woman has Botox injected at Reveal in Arlington, Va. AbbVie is buying Botox maker Allergan in a cash-and-stock deal the drugmakers value at around $63 billion. The maker of the blockbuster immune disorder treatment Humira said Tuesday, June 25, 2019, that it will pay $120.30 in cash and a portion of AbbVie stock for each Allergan share. (AP Photo/Jacquelyn Martin, File)
June 25, 2019 - 1:39 pm
Facing competition for the world's top-selling drug, AbbVie is jumping on this year's pharmaceutical merger bandwagon with a $63 billion bid for Botox maker Allergan that's meant to spur future growth. Specialty drugmaker AbbVie said Tuesday that adding Allergan's aesthetics products and eye care...
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FILE - This May 2, 2016, file photo, shows the Adonia cruise ship arriving in Havana, Cuba, from Miami. Cruise ship operator Carnival is citing the U.S. ban on cruises to Cuba among factors that will cause its full-year earnings to fall short of expectations. The Miami company's second quarter profit fell 20%, although the results were better than Wall Street expected. (AP Photo/Desmond Boylan, File)
June 20, 2019 - 4:59 pm
MIAMI (AP) — Shares of cruise line operator Carnival Corp. fell Thursday after the company reported a 20% drop in quarterly profit and cut its full-year earnings forecast partly because of the Trump administration's decision to ban cruises between the U.S. and Cuba. Carnival earned $451 million in...
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Norma Butterfield, mother of Slack Technologies CEO Stewart Butterfield, rings a ceremonial bell on the floor of the New York Stock Exchange as the Slack IPO begins trading, Thursday, June 20, 2019. (AP Photo/Richard Drew)
June 20, 2019 - 4:31 pm
NEW YORK (AP) — Slack's newly public shares aren't slacking off. The work messaging service grew 49% in value after its stock started trading Thursday under the ticker "WORK." Slack's debut is the latest in several highly anticipated initial public offerings of stock for tech companies. While some...
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Slack co-founders Cal Henderson, left, and Stewart Butterfield pose for photos outside the New York Stock Exchange before their company's IPO, Thursday, June 20, 2019. (AP Photo/Richard Drew)
June 20, 2019 - 3:40 pm
NEW YORK (AP) — The Latest on Slack's IPO (all times local): 4:35 p.m. Slack's newly public shares aren't slacking off. The work messaging service's shares debuted on the New York Stock Exchange at $38.50 and rose slightly to close at $38.62. That's 49% above the $26 reference price set by the...
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FILE - In this June 6, 2019, file photo specialist Anthony Rinaldi, left, and trader Fred DeMarco work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, June 14. (AP Photo/Richard Drew, File)
June 14, 2019 - 1:05 pm
NEW YORK (AP) — U.S. stocks fell in afternoon trading Friday on Wall Street after a major chipmaker issued a sharp warning about how the U.S.-China trade war is disrupting a key industry. Technology led the broader market lower at the end of an uneven week of trading. Broadcom warned that demand...
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June 14, 2019 - 11:03 am
NEW YORK (AP) — It's raining cats and dogs on Wall Street. Chewy, the online seller of pet food and squeaky toys, went public Friday and its shares soared 71%. The stock's rise values the 8-year-old company at $15 billion. Demand for the initial public offering has been high. Chewy raised just over...
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