Articles by Daniel Marsh
Nike Shares Gain on Converse Restructuring and Dividend Announcement
Nike shares advanced 3.2% following news of a Converse corporate restructuring and a declared $0.41 quarterly dividend. The stock gave back a slight margin after hours.
Danaher Shares Slip Ahead of Holiday, Traders Eye PCE Data
Danaher shares fell in extended trading Friday, closing near $212.58. The dip precedes a market holiday, with attention shifting to next week's key inflation report.
Merck Shares Gain on Deutsche Bank Upgrade Ahead of Key Cancer Data
Merck shares advanced following a Deutsche Bank upgrade to Buy and a raised price target, with investors focused on upcoming oncology data at the ASCO GU symposium.
AT&T Shares Dip Despite RBC Target Hike to $31; Fed Minutes Loom
AT&T shares declined 0.5% to $28.66 Friday, retreating after three days of gains, even as RBC Capital increased its price target to $31. Market focus shifts to upcoming Federal Reserve minutes.
Morgan Stanley CEO's Compensation Climbs to $45 Million for 2025
Morgan Stanley CEO Ted Pick received $45 million in total compensation for 2025, up from $34 million the prior year, with most of the award deferred and tied to performance.
BAC Slips on CPI Data, Legal Headwinds; Fed Minutes Loom
Bank of America shares edged lower Friday, pressured by cooling inflation data and a new legal development. Markets look ahead to the release of Federal Reserve meeting minutes.
Linde Shares Surge as Inflation Data Lifts Industrials
Linde shares gained 2.8% Friday, reaching a new intraday peak amid a broader market rebound fueled by easing inflation pressures. The industrial gases leader outperformed sector peers.
FTSE 100 Nears Record on M&A Momentum, Rate-Cut Hopes
London's FTSE 100 advanced 0.42% to 10,446.35, marking a third weekly gain fueled by deal buzz and monetary easing bets, despite AI disruption concerns.
Goldman Sachs Legal Chief Exits Amid Epstein Scrutiny as Stocks React to CPI Data
Goldman Sachs Group Inc. saw its stock dip following the resignation of Chief Legal Officer Kathy Ruemmler, linked to her past association with Jeffrey Epstein. The move coincided with a softer-than-expected inflation reading that influenced broader market sentiment.
Tesla Shares Dip Amid Rate-Cut Uncertainty Despite Bullish Target
Tesla shares declined slightly in Friday trading, reflecting broader caution around growth stocks even after cooler inflation data. The stock dropped 0.4% to $415.51.
Bank of America Shares Edge Lower Ahead of Inflation Data, Epstein Suit Advances
Bank of America shares declined slightly in premarket trading Friday, following a significant drop in the previous session, as a class-action lawsuit tied to Jeffrey Epstein moves forward and markets await key inflation figures.
American Airlines Stock Holds Steady Amid Union Pressure, CPI Data Awaited
American Airlines stock remained flat near $14.05 in premarket trading as labor unions intensified pressure on management, with a key inflation report due.