The Conversation: The ‘Great Resignation’: Heed these 8 tips from an employment lawyer before you quit
Consider these even if you have another job lined up.
Consider these even if you have another job lined up.
U.S. wages rose in 2021 at quickest pace in decades
CinCor Pharma Inc. is set to go public on the Nasdaq Friday, after the Massachusetts-based biopharmaceutical company's upsized initial public offering priced overnight at $16 a share, in the middle of the expected range of between $15 and $17 a share. The company raised $193.6 million as it sold 12.1 million shares in the IPO, up from previous expectations of an 11.0 million share offering. The IPO pricing values the company at about $566.7 million. Morgan Stanley, Jefferies and Evercore ISI are the joint book-running managers of the IPO... Читать дальше...
U.S. economy added 199,000 jobs in December; unemployment falls to 3.9%
Papa John's International Inc. said early Friday that it has signed a franchisee development agreement with Asian private-equity firm Fountainvest Partners to open more than 1,350 locations in South China by 2040. This is the biggest franchisee deal in Papa John's history. Fountainvest has also purchased a majority stake in another Papa John's franchisee CFB Group, which owns and operates 160 restaurants in Shanghai and southern China. "Our new development agreement with FountainVest alone stands... Читать дальше...
Need to Know: Veteran strategist enumerates the risks the Fed won't take
Shares of Absci Corp. skyrocketed 59.1% on heavy volume in premarket trading Friday, after the biotechnology company said it could be eligible to receive up to $610 million in upfront fees and milestone payments from Merck & Co. Inc. as part of a research collaboration agreement. Trading volume ballooned to 9.7 million shares, compared with the full-day average of about 324,800 shares, to make the stock the biggest gainer and most actively traded ahead of the open. Under the collaboration... Читать дальше...
Coronavirus tally: More than 600,000 new cases recorded
Coming up: U.S. nonfarm-payrolls data from December
Willis Towers Watson said it will change its Nasdaq stock ticker symbol to "WTW" at the open of market trading on Monday, Jan. 10. No action is required from Willis Towers Watson shareholders, the company said on Friday. Willis Towers Watson CEO Carl Hess said the change, "is just one of the ways we are simplifying to increase our agility and effectiveness, as we move forward as a strong and independent WTW." Willis Towers Watson's ordinary shares will continue to be listed on Nasdaq and the CUSIP will remain unchanged. Читать дальше...
robyn beck/Agence France-Presse/Getty ImagesThe U.S. added an estimated 422, 000 new jobs in December, according to a poll of economists taken by The Wall Street Journal. The unemployment rate is forecast to tick down to 4.1% from 4.2%. The employment report will be released at 8:30 a.m. Eastern by the U.S. Bureau of Labor Statistics.The Dow Jones Industrial Average DJIA and S&P500 SPX were set to open little changed in Friday trades.
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Shares of Exscientia jumped 14.3% in premarket trading on Friday after it announced a deal with Sanofi to develop up to 15 new oncology and immunology drug candidates using Exscientia's artificial intelligence platform. Sanofi's stock was up 0.8%. As part of the agreement, Sanofi will pay Exscientia an upfront payment of $100 million. Additional milestone payments are worth up to $5.2 billion. So far this year, Exscientia's stock is down 7.9%, while Sanofi shares are down 1.0%. The broader S&P... Читать дальше...
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The streak of gains for daily averages of new COVID-19 cases and hospitalizations continued, and deaths also rose to 2 1/2-month high, leading Moderna Inc. Chief Executive Stephane Bancel to say fully vaccinated people may need another booster shot later this year. The seven-day average for COVID-19-related hospitalizations have increased every day to reach 116,029 on Thursday, up 65% from two weeks ago and the highest level since Jan. 27, according to a New York Times tracker. The daily average for cases has increased every day since Dec. Читать дальше...
Acuity Brands Inc. reported Friday fiscal first-quarter profit and sales that rose above expectations, as lighting and lighting controls sales showed strength despite supply chain challenges. The stock was still inactive in premarket trading. Net income grew to $87.6 million, or $2.46 a share, from $59.6 million, or $1.57 a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share came in at $2.85, above the FactSet consensus of $2.41. Sales increased 16.9% to $926.1 million... Читать дальше...
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.
Have a question about your own retirement savings? Email us at HelpMeRetire@marketwatch.com
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.
U.S. stock futures edged higher Friday, ahead of a report expected to show the U.S. economy adding jobs as the Federal Reserve readies a rate-hike cycle.
Testing for unvaccinated workers would cost at least $4 billion, according to businesses opposing federal vaccine requirements.
Eurozone inflation rises to highest level in history
The 2022 Kia Forte, with plenty of features and a long warranty, takes on the uber-popular 2022 Honda Civic in this head-to-head. Here’s how they compare.
The potential for high salaries and career opportunities comes with a price that is getting harder to nail down.
STMicroelectronics NV said Friday that revenue climbed in the fourth quarter amid a better-than-expected performance in what it called a "dynamic market," taking its top-line above the high end of guidance.
The oil major announced a big stock buyback.
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