Check out the companies making headlines in after-hours trading. FedEx — Shipping company FedEx saw its shares jump 6% after reporting quarterly earnings and revenue that beat analysts' expectations. FedEx also announced a $5 billion share repurchase program and reinstated its original fiscal 2022 forecast, which it lowered in September. Rivian Automotive — Electric vehicle maker Rivian saw shares slide […]

European stocks are expected to open much higher on Thursday as investors in the region digest the U.S. Federal Reserve's decision Wednesday to accelerate the reduction of its monthly bond purchases.  The U.K.'s FTSE index is seen opening 61 points higher at 7,235, Germany's DAX 161 points higher at 15,651, France's CAC 40 up 99 points at 7,028, Italy's FTSE MIB […]

Our earnings previews this week did not begin until Tuesday’s look at three companies reporting after markets close Wednesday and before they open again on Thursday: Adobe, Jabil and Lennar. The action picks up a bit Thursday afternoon and again Friday morning. Here’s a look at the four companies set to report results at those times. Darden Restaurants The owner […]

BRUSSELS (Reuters) – There is a “very high” risk the Omicron variant of COVID-19 will become dominant in Europe by early next year and lead to a growing number of hospital admissions and deaths, the European Union’s public health body said on Wednesday.FILE PHOTO: People wearing face masks walk in Nantes amid the coronavirus disease (COVID-19) outbreak in France, December […]

FILE PHOTO: People wearing face masks walk in Nantes amid the coronavirus disease (COVID-19) outbreak in France, December 9, 2021. REUTERS/Stephane MaheBRUSSELS (Reuters) – There is a “very high” risk that the Omicron variant of COVID-19 will become dominant in Europe early next year and lead to a growing number of severe infections, the European Union’s public health body said […]

European stocks are expected to open flat to higher Wednesday as investor focus turns to the Federal Reserve's latest monetary policy decision. The U.K.'s FTSE index is seen opening unchanged at 7,229, Germany's DAX 44 points higher at 15,527, France's CAC 40 up 17 points at 6,922 and Italy's FTSE MIB 93 points higher at 26,652, according to data from IG. […]

In another week that is light on earnings reports, the first that we want to preview comes out after markets close Wednesday, and the last two are set to be released Friday morning. Here’s a look at three firms reporting results after markets close Wednesday or before they open on Thursday. Adobe Software maker Adobe Inc. (NASDAQ: ADBE) reports fourth-quarter […]

In the noon hour Monday, U.S. markets were either adding to (S&P 500 and the Dow Jones industrials) gains made on Friday or recovering (the Nasdaq) from a loss. Those gains are coming despite share prices of coronavirus vaccine makers BioNTech and Moderna falling sharply as a consensus may be building that the vaccines will be less effective against the […]

Markets had a slow start to the week as investors are trying to figure out what direction the Fed is moving later this week. ARK Funds followed suit and dropped across the board. ARKG performed the best out of the group, with a 0.2% loss on the day, while ARKF did the worst, down 2.6%. The gains from the past […]