Russia's Ochakovo ups soft drink bottling capacity as Western rivals leave

investing.com MOSCOW - Russian drinks producer Ochakovo on Thursday said it had increased the annual bottling capacity of its CoolCola, Fancy and Street soft drinks by 2.5 times to try and plug the gap in the market left by...

Bluebird Bio Extends Rally as Analysts Reflect Positively on Zynteglo Approval

investing.com By Senad Karaahmetovic Shares of Bluebird Bio are up about 10% today after the United States Food and Drug Administration (FDA) yesterday cleared the company’s Zynteglo therapy. Bluebird shares initially jumped over...

Wall St set for higher open as investors await more Fed clues

investing.com By Bansari Mayur Kamdar and Devik Jain - Wall Street's main indexes were set to open slightly higher on Thursday, with investors seeking fresh signals for future rate hikes after minutes from the Federal Reserve's...

Pre-Open Movers: Bed Bath Falls as Cohen Files to Sell, Kohl's Lower Following EPS

investing.com Pre-Open Stock Movers: Wolfspeed 21% HIGHER; reported Q4 EPS of ($0.02), $0.08 better than the analyst estimate of ($0.10). Revenue for the quarter came in at $228.5 million versus the consensus estimate of...

Google employees petition bosses for abortion policy changes

investing.com By Paresh Dave OAKLAND, Calif. - Over 650 workers at Google owner Alphabet (NASDAQ:GOOGL) Inc are demanding it offer abortion benefits to contractors, suspend donations to anti-abortion politicians and better...

Pharmacies ordered to pay $650.6 million to Ohio counties in opioid case

investing.com By Brendan Pierson and Dietrich Knauth - Pharmacy operators CVS, Walmart (NYSE:WMT) and Walgreens must pay a combined $650.6 million to two Ohio counties to address the damage done by the opioid epidemic, a federal...

Li Auto Offers $1000 Incentive on Li ONE

investing.com By Michael Elkins On August 15th, during a conference call following Li Auto's second quarterly earnings report, an analyst asked if Li Auto was offering an RMB 7,000 ($1,030) discount on insurance purchases for the...

Krispy Kreme Tumbles as Earnings, Revenue and Guidance Disappoint

investing.com Breaking News By Sam Boughedda Shares of Krispy Kreme Inc fell 12% at the open Wednesday after the company reported earnings, missing analyst expectations. Krispy Kreme posted second-quarter earnings of $0.08, $0.02...

Weber Inc. Downgraded by Citi on 'Too Many Concerns'

investing.com Breaking News By Sam Boughedda A Citi analyst downgraded shares of Weber Inc. to Sell from Neutral, lowering the price target on the stock to $2.74 from $7 per share. The analyst said there are currently too many...

Norse Atlantic announces Berlin-Fort Lauderdale flights

investing.com BERLIN - Norse Atlantic Airways will open a route connecting Berlin to the U.S. city of Fort Lauderdale, operating three times a week from Dec. 7, Chief Executive Bjorn Tore Larsen told a news conference in the...

Trump social media deal can't close on time, needs extension, buyer says

investing.com - Digital World Acquisition Corp, the blank-check company taking former U.S. President Donald Trump's Truth Social app public, on Friday announced a special meeting of shareholders to approve an extension to the...

California appeals court rules no arbitration in Cisco caste bias case

investing.com By Paresh Dave OAKLAND, Calif. - Cisco Systems Inc (NASDAQ:CSCO) on Friday lost a court appeal to move to private arbitration a case over alleged caste discrimination in its Silicon Valley offices, where managers of...

Stock Market Today: Dow Rises on Energy, Banks Boost After Blowout Jobs Dent Tech

investing.com By Yasin Ebrahim Investing.com -- The Dow racked up gains late into the close to end higher Friday, on a jump in banking and energy stocks, but surging Treasury yields following a blowout jobs report weighed on tech...

Western Digital Outlook 'Uglier Than Expected'

investing.com By Sam Boughedda Western Digital shares hit a low of $45.04 on Friday after the company posted fiscal fourth-quarter earnings missing revenue expectations. The computer hard disk drive manufacturer reported earnings...

Quest to Cut Prescription Drug Prices Puts Insulin in Spotlight

investing.com By Liz Moyer Investing.com -- Lawmakers are once again trying to get caps on prescription drug pricing across the finish line, and that puts insulin in the spotlight. The market for insulin is small but about to get...