Corporate stock

July 09, 2019 - 10:37 am
MOJAVE, Calif. (AP) — Richard Branson's space-tourism venture, Virgin Galactic, is planning to go public, creating the first listed human spaceflight firm. Virgin Galactic said Tuesday it is merging with Social Capital Hedosophia, whose CEO, Chamath Palihapitiya, will become chairman of the...
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July 09, 2019 - 4:05 am
BERLIN (AP) — Shares in Germany-based chemicals maker BASF have dropped after the company issued a profit warning, citing factors that included declining global auto production, weakness in the North American agricultural sector and trade conflicts. BASF shares dropped 5.1% to 59.38 euros ($66.62)...
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Trader Peter Tuchman works on the floor of the New York Stock Exchange, Monday, July 8, 2019. Stocks fell on Wall Street in morning trading Monday amid growing speculation among investors that unexpectedly strong U.S. employment data may keep the Federal Reserve from aggressively cutting interest rates. (AP Photo/Richard Drew)
July 09, 2019 - 12:32 am
TOKYO (AP) — Asian shares retreated Tuesday in quiet trading as investors awaited signs of what might be ahead for U.S. interest rates. Japan's benchmark Nikkei 225 was flat at 21,526.22, while Australia's S&P/ASX 200 dipped 0.3% to 6,653.60. South Korea's Kospi was marginally lower, down 0.1%...
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Julie Wainwright, center, CEO of The RealReal, celebrates her company's IPO at the Nasdaq opening bell, Friday, June 28, 2019 in New York. The online reseller of luxury brand clothing and accessories is based in San Francisco. (AP Photo/Mark Lennihan)
June 28, 2019 - 11:05 am
NEW YORK (AP) — Shares of The RealReal jumped on their first day of trading Friday, as the secondhand-fashion online retailer tests investors' appetite for the staying power of online marketplaces for pre-owned discounted Gucci and other luxury goods. The San Francisco company, founded in 2011 by...
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June 27, 2019 - 4:32 pm
NEW YORK (AP) — The Federal Reserve has approved all the capital plans that the nation's 18 largest banks submitted as part of this year's stress tests. That means that the Fed determined banks like JPMorgan Chase, Citigroup and Bank of America can raise their dividends and buy back more shares...
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FILE - In this March 14, 2019, file photo Tesla CEO Elon Musk speaks before unveiling the Model Y at Tesla's design studio in Hawthorne, Calif. Musk says in an internal memo that Tesla has enough orders to set a record, but it’s having trouble shipping vehicles to the right locations.(AP Photo/Jae C. Hong, File)
June 26, 2019 - 11:20 am
DETROIT (AP) — Tesla is close to setting a quarterly record for deliveries, but the company is having trouble shipping vehicles to the right places as the second quarter comes to a close, CEO Elon Musk told workers in an internal memo. Musk wrote that the company could break the record of 90,700...
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Slack CEO Stewart Butterfield poses for photos outside the New York Stock Exchange before his company's IPO, Thursday, June 20, 2019. (AP Photo/Richard Drew)
June 20, 2019 - 2:29 pm
NEW YORK (AP) — Slack's newly public shares aren't slacking off. The work messaging service's market value grew 60% after it started trading Thursday under the ticker "WORK." Slack's debut is the latest in several highly anticipated initial public offerings of stock for tech companies. While some...
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Slack co-founders Cal Henderson, left, and Stewart Butterfield pose for photos outside the New York Stock Exchange before their company's IPO, Thursday, June 20, 2019. (AP Photo/Richard Drew)
June 20, 2019 - 12:31 pm
NEW YORK (AP) — The Latest on Slack's IPO (all times local): 12:30 p.m. Shares of work messaging platform Slack have begun trading on the New York Stock Exchange under the ticker "WORK." The San Francisco company's shares opened trading at $38.25 and quickly jumped 9 percent to $42 in midday...
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Local dog Frankie poses for photos outside the New York Stock Exchange, decorated for the Chewy IPO, Friday, June 14, 2019. Chewy, the online seller of pet food and squeaky toys, went public Friday and its shares soared 71%. (AP Photo/Richard Drew)
June 14, 2019 - 5:04 pm
NEW YORK (AP) — It was raining cats and dogs on Wall Street. Chewy, the online seller of pet food and squeaky toys, made a strong showing in its debut on the New York Stock Exchange Friday, with investors banking on the growing pet industry. Its shares soared 59% Friday under the symbol "CHWY,"...
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FILE - In this June 6, 2019, file photo specialist Anthony Rinaldi, left, and trader Fred DeMarco work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, June 14. (AP Photo/Richard Drew, File)
June 14, 2019 - 5:01 pm
NEW YORK (AP) — Stocks ended a choppy week of trading with modest losses Friday as investors look forward to getting more clues about the direction of interest rates. Technology shares drove the declines, and energy stocks also fell a day after leading the market. Some late-day gains in banks and...
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