Kroger, Boeing, Dollar General and more

A shopper holding an umbrella walks toward a Kroger grocery store in Louisville, Kentucky, U.S., on Sunday, April 26, 2020. Stacy Scott | Bloomberg | Getty Images Check out which companies are making the headlines at midday Thursday. Kroger – Shares of Kroger rose 12.5% ​​after the grocery chain published a better-than-expected quarterly report. The … Read more

U.S. weekly jobless claims less than expected as labor market returns to pre-pandemic self

The Labor Department reported Thursday that initial unemployment insurance claims rose last week but held steady at levels consistent with what the labor market looked like before the Covid-19 pandemic devastated the employment picture in the United States. First-time filings for the week ending November 27 totaled 222,000, less than the 240,000 Wall Street had … Read more

Asia stocks mixed as uncertainty surrounding omicron variant lingers

SINGAPORE – Stocks in Asia Pacific struggled for direction in trading Thursday, as concerns about the economic impact of the omicron Covid variant continued to weigh on investor sentiment. Hong Kong’s Hang Seng Index rose 0.38%, reversing earlier losses. However, shares of Razer in the city fell more than 12% in choppy trade. The company … Read more

Stock futures inch higher after sell-off prompted by first U.S. omicron case

U.S. stock index futures rose during overnight trading on Wednesday, after the Centers for Disease Control (CDC) confirmed the first known case of the omicron variant in the United States, sending stocks tumbling. Futures related to the Dow Jones Industrial Average gained 72 points. S&P 500 futures advanced 0.2%, while Nasdaq 100 futures gained 0.25%. … Read more

Square changes corporate name to Block

Jack Dorsey (left), Square CEO and Twitter CEO, broadcasts a live video as he stands outside the New York Stock Exchange for the Square IPO, in New York on November 19, 2015. Lucas Jackson | Reuters Square is rebranding itself as Block as it focuses on technologies like blockchain and is expanding beyond the original … Read more

We’re trimming our position in this best-in-class chipmaker

(This article was first sent to CNBC Investing Club members with Jim Cramer. For real-time updates in your inbox, Subscribe here.) After receiving this email, we will sell 50 shares of Advanced Micro Devices (AMD) at approximately $160.20. After the trade, the Charitable Trust will own 700 shares of AMD. Our cut at AMD will … Read more

Vertex Pharmaceuticals, Moderna, Lennar, Salesforce and more

Salesforce signs outside an office building in New York. Scott Millian | CNBC Check out the companies making headlines around midday Wednesday: Allbirds — Shares of Allbirds fell more than 13% after the shoemaker’s losses grew in the third quarter, even as its revenue rose from a year ago. The quarterly earnings report was Allbirds’ … Read more

Capital One says it’s ditching all consumer overdraft fees

CEO and Chairman of Capital One, Richard Fairbank. Marvin Joseph | Washington Post | Getty Images Capital One says it is eliminating all overdraft fees for retail banking customers. It’s the largest US bank by far for the industry’s practice of charging customers hefty fees, typically $25 to $35 per case, to allow transactions that … Read more

What Jim Cramer is watching in the market Wednesday, including Salesforce

Jim Cramer Scott Millian | CNBC (This article was first sent to CNBC Investing Club members with Jim Cramer. For real-time updates in your inbox, Subscribe here.) What I’m looking forward to on December 1, 2021: Salesforce (CRM) … How bad is that? Guidance here is less important than operating cash flow and current Q … Read more