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Virginia tax coffers continue to overflow; surplus expected

Jun. 12, 2021 13:15 PM EDT

RICHMOND, Va. (AP) — Virginia state government continues to bring in more revenue than expected, with a new report showing the state has brought in more than 98 percent of its anticipated annual revenue with a full month remaining in the fiscal year. The monthly revenue...

Campbell Soup, Comtech fall; Merck, Vertex rise

Jun. 09, 2021 16:22 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: United Natural Foods Inc., down $6.36 to $34.26. The natural and organic food company reported disappointing fiscal third-quarter revenue. ...

DocuSign, MongoDB rise; Mosaic, Fifth Third fall

Jun. 04, 2021 16:46 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Broadcom Inc., up $10.20 to $475. The chipmaker gave investors an encouraging revenue forecast after reporting strong fiscal second-quarter earnings. ...

Splunk, FireEye fall; General Motors, Tellurian rise

Jun. 03, 2021 16:52 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: Splunk Inc., down $11.81 to $111.98. The software maker's first-quarter loss was bigger than analysts expected. NetApp Inc., up $1.62 to...

Zoom's boom continues in 1Q, raising post-pandemic hopes

Jun. 01, 2021 18:28 PM EDT

SAN RAMON, Calif. (AP) — Zoom is still booming, raising prospects that the video-conferencing service will be able to sustain its momentum, even as the easing pandemic lessens the need for virtual meetings. Some signs for optimism emerged in the company’s latest...

US stocks cling to modest gains and end the week higher

May. 28, 2021 17:14 PM EDT

Stocks capped a listless day of trading on Wall Street with modest gains Friday and the S&P 500's first weekly gain in three weeks. Gains in technology and health care companies outweighed a slide in communications stocks, retailers and elsewhere in the market. The...

How major US stock indexes fared Friday

May. 28, 2021 17:08 PM EDT

Stocks held on to modest gains on Wall Street Friday, ending the week higher for the first time in three weeks. Investors took in stride a report showing that a closely watched measure of inflation came in somewhat hotter than expected last month. The yield on the...

Veeva, Ulta Beauty rise; Caleres, Boeing fall

May. 28, 2021 16:24 PM EDT

Stocks that traded heavily or had substantial price changes Friday: Salesforce.com Inc., up $12.27 to $238.10. The customer-management software developer raised its profit forecast after reporting strong first-quarter financial results. ...

Best Buy raises 2021 comparable store sales expectations

May. 27, 2021 11:54 AM EDT

NEW YORK (AP) — Three months after saying that comparable store sales may actually fall in 2021, Best Buy on Thursday released a much more optimistic outlook after reporting booming sales in the first quarter. Though government stimulus played a roll in the most recent...

How major US stock indexes fared Wednesday

May. 26, 2021 16:34 PM EDT

U.S. stocks are closing higher Wednesday as investors continued to monitor the economic recovery and rising inflation. A variety of companies that rely on consumer spending made solid gains. Dick’s Sporting Goods surged after reporting a jump in first-quarter sales and...