Straits Times Index
3,323.20 -6.89 (-0.21%) S&P 500
5,273.59 -32.45 (-0.61%) Dow
38,461.70 -391.16 (-1.01%) Nasdaq
16,952.48 -67.40 (-0.40%) Bitcoin USD
67,265.05 -528.97 (-0.78%) CMC Crypto 200
1,449.94 -34.76 (-2.34%)
DKS Jun 2024 105.000 call
- Yahoo Finance Video
Major energy M&A deals, the market's momentum: Morning Brief
How are the major market averages (^DJI, ^IXIC, ^GSPC) feeling this morning after the Nasdaq's big climb above 17,000 on Tuesday? Yahoo Finance's The Morning Brief is here to help investors start their trading day off right as hosts Seana Smith and Brad Smith walk you through the top stories and market trends. Hess Corp. (HES) shareholders approved the $53 billion buyout deal with Chevron (CVX). In other energy M&A news, ConocoPhillips (COP) is set to acquire Marathon Oil (MRO) in an all-stock deal valued at $17.1 billion. Tortoise Portfolio Manager Rob Thummel told Yahoo Finance that this deal came as a total "surprise." Lastly, platinum miner Anglo American (NGLOY, AAL.L) rejected BHP Group's (BHP) bid to extend their merger deadline. Russell Investments President and Chief Investment Officer Kate El-Hillow sits down with the team in-studio to discuss the market's momentum trade and the strength of this earnings season's fundamentals. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Dick's Sporting Goods soars after raising full-year outlook
Shares of Dick's Sporting Goods (DKS) are jumping in early trading. The sports retailer reported better-than-expected first quarter results. The company also raised its full-year earnings and comparable sales growth outlook. In the release, Executive Chairman Ed Stack says the company has "significant momentum," while highlighting "the differentiated product and compelling experience" he says the retailer offers. Yahoo Finance's Seana Smith and Brad Smith explain what Dick's is doing differently from other retailers. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Stephanie Mikulich.
- Barrons.com
Dick’s Sporting Goods Stock Surges After a Beat-and-Raise Quarter
The sporting goods retailer reports fiscal first-quarter earnings of $3.30 a share, beating Wall Street estimates of $2.96.
