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Category: Market Watch

Seven & I Shares Drop on Supermarket-Closure Plans

Market Watch March 10, 2023 News Team

Seven & I Holdings Co. shares fell sharply Friday after the company said it will close some supermarket stores and exit the apparel business.

Endeavour Mining PLC 4Q Rev $617M

Market Watch March 09, 2023 News Team

Endeavour Mining PLC said Thursday that it swung to a fourth quarter pretax loss on a one-off impairment of goodwill, though revenue rose.

Canopy Growth Corp. stock rises Wednesday, outperforms market

Market Watch March 09, 2023 News Team

Shares of Canopy Growth Corp. WEED, +1.65% advanced 1.65% to C$3.08 Wednesday, in what proved to be an all-around positive trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, +0.35% rising 0.35% to 20,346.53.

Most large cryptocurrencies decrease on Polkadot, Litecoin drops

Market Watch March 09, 2023 News Team

Most of the largest cryptocurrencies were down during morning trading on Wednesday, with Polkadot DOTUSD seeing the biggest move, dropping 3.24% to $5.61.

Dow ends slightly lower, stocks finish mixed as higher Fed rate risk, upcoming jobs data worry Wall Street

Market Watch March 09, 2023 News Team

U.S. stock indexes ended mixed on Wednesday, attempting to recover from Tuesday’s broad-based selloff following comments by Federal Reserve chairman Jerome Powell suggesting more interest rate rises may be necessary to tame inflation than investors were expecting.

Japanese stocks rise for fourth session as Hong Kong stocks drop

Market Watch March 08, 2023 News Team

Asia-Pacific stocks mostly dropped Wednesday, March 8, with the Japanese market showing a fourth day of increases and shares in Hong Kong declining for the second day.

Saputo Inc. stock outperforms market despite losses on the day

Market Watch March 08, 2023 News Team

Shares of Saputo Inc. SAP, -0.47% slid 0.47% to C$35.93 Tuesday, in what proved to be an all-around poor trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, -1.17% falling 1.17% to 20,275.54. Saputo Inc. closed C$1.57 short of its 52-week high (C$37.50), which the company achieved on February 10th.

Trip.com Shares Drop Amid Market-Wide Selloff

Market Watch March 08, 2023 News Team

Trip.com Group Ltd.’s Hong Kong-listed shares are trading lower amid a broader market selloff as investors weigh signs of potentially faster U.S. Federal Reserve interest rate increases, but analysts are largely bullish on the stock in the wake of an earnings beat this week.

Logitech Shares Fall After It Forecast Sales Decline

Market Watch March 08, 2023 News Team

Shares in Switzerland-listed computer-equipment manufacturer Logitech International SA fell on Wednesday after the company forecast a sales decline in fiscal years 2023 and 2024.

Dow, S&P 500 gains belie bad market breadth

Market Watch March 07, 2023 News Team

The Big 3 stock market indexes are all rising, but market internals are showing that the market of stocks is actually declining, led by smaller capitalization stocks.

Iron Mountain Inc. stock rises Monday, outperforms market

Market Watch March 07, 2023 News Team

Shares of Iron Mountain Inc. IRM, +0.46% inched 0.46% higher to $54.88 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.07% rising 0.07% to 4,048.42 and the Dow Jones Industrial Average DJIA, +0.12% rising 0.12% to 33,431.44. This was the stock’s third […]

U.S. factory orders drop 1.6% on falloff in Boeing contracts

Market Watch March 07, 2023 News Team

Business investment increases in January

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