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AF News

Delta, American Airlines Slump as Saudi Attack Sparks Oil Price Surge

Airline stocks drop following a weekend attack on two key Saudi Arabian oil facilities that pushes oil prices to briefly their highest since the 1991 Gulf War, prompting concern that jet-fuel costs are likely headed higher.

Analysts' Actions -- Buffalo Wild Wings, Citrix, JPMorgan, PayPal and More

Here are Thursday's top research calls, including upgrades for Citrix, JPMorgan, PayPal and Wells Fargo, and a downgrade for Buffalo Wild Wings.

Sterling Bancorp Purchases Astoria Financial for $2.2 Billion

The merger is a stock-for-stock transaction.

Don't expect scrapped Astoria Financial merger to discourage Trump era deal-making

Dismantling of the merger may have more to do with an activist hedge fund's agitation than regulatory concerns. Expect the Fed to OK mid-sized bank deals in the coming months

Analysts' Actions -- Alphabet, Cardinal Health, Monster and More

Here are Wednesday's top research calls, including a downgrade for Cardinal Health, an upgrade for Monster Beverage and new coverage of Alphabet.

Breaking News

Tesla Stock Slides On Reports of California Layoffs, Office Closure

Tesla has reportedly closed its San Mateo office, and laid off 200 employees, as it begins a wave of cost cuts throughout the carmaker's global operations.

Disney Stock Lower As Board Extends Contract of CEO Bob Chapek

"Bob is the right leader at the right time for The Walt Disney Company, and the board has full confidence in him and his leadership team,' said Disney chair Sue Arnold.

Bed Bath & Beyond Stock Plunges On Q1 Loss, CEO Mark Tritton Exit

"After thorough consideration, the Board determined that it was time for a change in leadership," said independent director Harriet Edelman.

Pinterest Stock Slumps As CEO Ben Silbermann Steps Down To Make Way For Former Google Executive Bill Ready

"I've learned firsthand that it is indeed fun to do the impossible," said co-founder Ben Silbermann. "And with Bill as our CEO, I know that the fun is just getting started."