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Market Pulse

  • Cyberattack leaves U.K. parliament unable to access emails: reports

    The British Parliament on Saturday was hit by a cyberattack that left most of its representatives unable to access emails, according to multiple reports. The hacking was an attempt to breach the email accounts of scores of members of the House of Commons, Lords and other staffers. The U.K.'s...

  • More than 140 feared lost in devastating China landslide

    As many as 120 people were believed to be buried in southwestern China following a landslide on Saturday devastated a mountain village in Sichuan province, according to local reports. The landslide occurred at 6 a.m. local time, the Chinese state-run broadcaster China Central Television reported. CNN reported that some 780...

  • SeaWorld being investigated for 'Blackfish' documentary statements

    SeaWorld Entertainment Inc. disclosed Friday afternoon that the company has received subpoenas from the Department of Justice and Securities and Exchange Commission in regards to statements made about a critical 2013 documentary called "Blackfish." In an SEC filing, the company said the subpoenas concern "disclosures and public statements made...

  • YogaWorks seeks to raise $75 million via initial public offering

    YogaWorks Inc. filed documents with the Securities and Exchange Commission to raise $75 million via an initial public offering, according to a regulatory disclosure Friday. The yoga-studio chain operator posted a loss of $9.5 million on revenue of $55.1 million in 2016. The underwriters for the deal are Cowen,...

  • Kala Pharmaceuticals files for IPO

    Kala Pharmaceuticals Inc. has filed for an initial public offering, according to a Securities and Exchange Commission filing on Friday. The Waltham, Mass.-based company focuses on the treatment of eye diseases and listed net losses of $17 million in 2015, $33 million last year, and $10 million in the first...

  • Greece credit rating upgraded at Moody's, outlook revised to stable

    Greece's sovereign bond rating was upgraded one notch to Caa2 from Caa3 at Moody's Investors Service, citing the release of a EUR8.5 billion tranche under the country's adjustment program allowing the repayment of debt, improved fiscal prospects and tentative signs of a stabilizing economy. The outlook was revised to positive,...

  • Wal-Mart will not bid against Amazon for Whole Foods: report

    Wal-Mart Stores Inc. is not considering a bid for Whole Foods Market Inc. , the grocery chain that Amazon.com Inc. has agreed to purchase for $13.7 billion, according to a Friday afternoon report. Reuters reported, citing an unnamed source, that Wal-Mart was not actively considering entering a bidding war...

  • U.S. stocks end mostly higher, book weekly gains

    U.S. stocks closed mostly higher on Friday, as energy shares staged a modest rebound after a recent selloff, while technology stocks extended their advance. The Nasdaq Composite outperformed other indexes, rising 28.56 points, or 0.5%, to 6,265.25 on Friday and booking a 1.9% gain over the week, the largest...

  • Fifth Republican senator opposes chamber's health-care bill

    Sen. Dean Heller, a Republican of Nevada, announced Friday he is opposed to the Senate Republican Obamacare repeal bill in its current form, according to The Hill. Heller, a centrist, said he was concerned about the bill's phaseout of the Medicaid expansion. Heller joins four more conservative Republican senators in...

  • Oil prices mark longest streak of weekly losses since 2015

    Oil prices rose Friday, buoyed by ongoing high compliance among major oil producers with an output-cut agreement. But prices still fell for a fifth-straight week--the longest streak of weekly declines since 2015, as traders continued to fret over rising output from the U.S. August West Texas Intermediate crude added...