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Shares of AbbVie Inc. rose 1.0% in midday trade Thursday, after the biopharmaceutical company said it raised its dividend by 35% and set a new $10 billion share repurchase program. The new quarterly dividend of 96 cents a share, up from 71 cents a share, will be payable May [...]
Thu, Feb 15, 2018
Source: Stock Market News
The price of a single bitcoin hit $10,000 for the first time since the beginning of the month, underscoring a rally in the world's No. 1 cryptocurrency since touching a recent low. Bitcoin has risen about 68% since touching a low below $6,000, according to news and research site CoinDesk. [...]
Thu, Feb 15, 2018
Source: Stock Market News
CFRA upgraded the stock of Dick's Sporting Goods Inc. to hold from sell on Thursday, and raised its 12-month price target by $7 to $34."We raise our opinion given recent positive sales trends reported by some footwear and apparel brands sold at DKS," analyst Victor Ahluwalia wrote in a [...]
Thu, Feb 15, 2018
Source: Stock Market News
Shares of Alaska Air Group Inc. slumped 2.2% in midday trade Thursday, after the air carrier reported January operational results, and after a downgrade at UBS. The Seattle-based carrier earlier that January load factor declined to 75.8% from 78.1% a year ago, as the 6.6% growth in capacity outpaced [...]
Thu, Feb 15, 2018
Source: Stock Market News
Shares of Moleculin Biotech Inc. rocketed 54% in active morning trade Thursday, enough to make them the biggest percentage gainer on major U.S. exchanges, after the company announced a "breakthrough discovery" of a new molecule for cancer treatment. Volume was 20.9 million shares, compared with the full-day average of [...]
Thu, Feb 15, 2018
Source: Stock Market News