Check out the companies making headlines in midday trading. Ormat Technologies — Shares of the alternative energy company advanced more than 4% after Bank of America initiated coverage on the stock with a buy rating and $96 target, according to FactSet. The stock rose to an all-time high on the heels of the bullish call.
Finance
Check out the companies making headlines before the bell: SAP – The German business software company’s stock is moving higher after it announced its Qualtrics unit has filed to go public. Qualtrics – which specializes in customer relationship software – is expected to be valued at $12 billion or more, compared to the $8 billion SAP
U.S. stock futures rose slightly on Monday night following a rally that lifted the major averages to fresh record highs. Dow Jones Industrial Average futures traded 92 points higher, or 0.3%. S&P 500 and Nasdaq 100 futures gained 0.3% and 0.2%, respectively. The Dow jumped 204 points, or 0.7%, earlier in the day, while the
Traders work on the floor of the New York Stock Exchange. NYSE Stock futures held steady in overnight trading on Sunday ahead of the final trading week of 2020. Futures on the Dow Jones Industrial Average dipped 35 points. S&P 500 futures fell 0.1% and Nasdaq 100 futures were little changed. Investors monitored the status
Democratic President-elect Joe Biden delivering remarks on Covid-19 at The Queen theater on Oct. 23, 2020 in Wilmington, Delaware and U.S. President Donald Trump addressing supporters during a Make America Great Again rally in Gastonia, North Carolina, Oct. 21, 2020. Getty Images Wall Street investors largely believe a Joe Biden presidency could mean lower stock-market
Robotic arms spray paint a car body shell at the BYD Automobile Company Limited Xi’an plant on December 25, 2019 in Xi’an, Shaanxi Province of China. Yuan Jingzhi | Visual China Group | Getty Images BEIJING — The Chinese city of Xi’an remains a bright spot of growth in a country still recovering from the
Take a look at some of the biggest movers in the premarket: FireEye (FEYE) – The cybersecurity firm’s stock is 2% lower in premarket trading, after rising for four straight sessions and eight of the past 10, gaining more than 78% over the latter stretch. Shares of this and other cybersecurity firms have been rising,
European stocks are set to open higher in a light trading session as traders grew optimistic a Brexit trade deal would be reached. Britain’s FTSE 100 is seen climbing 38 points to 6,530 and France’s CAC up 15 points at 5,552, according to index data from IG. The German and Italian markets are closed for
Treasury yields fell on Thursday after the U.K. and the European Union agreed on new Brexit trading arrangements. The yield on the benchmark 10-year Treasury note fell to 0.948%, while the yield on the 30-year Treasury bond traded lower at 1.689%. Bond yields move inversely to prices. Negotiators from Britain and the European Union reached a free trade agreement
LONDON — The British pound traded near 2-½ year highs on Thursday as investors reacted to the U.K. and the European Union striking a long-awaited Brexit trade deal. Sterling trimmed some gains after the news was announced, but was still up 0.5% for the session at around $1.3557. Earlier this month, the currency breached a