: Student loan servicer Nelnet to cut 550 jobs after Dept. of Education cut pricing of contracts
Shares of Nelnet Inc. NNI were indicated down more than 3% in premarket trading Friday, after the student-loan servicer said it was cutting 550 jobs...
: 89bio’s public stock offering upsized by 38%, priced at a 4% discount
89bio Inc. ETNB said Friday that its public offering of stock, which the biopharmaceutical company launched after a 55% surge in its stock in the...
: Marlboro cigarettes maker Altria looks to double its smoke-free revenue in 5 years, and considers expanding to cannabis and caffeine pouches, WSJ reports
Marlboro cigarette parent Altria Group Inc. MO said it is considering expanding into non-nicotine offering, including cannabis and caffeine pouches, according to a report in...
: Schwab CEO says the company has ample liquidity: WSJ
Charles Schwab Corp. SCHW CEO Walt Bettinger said the brokerage and financial services firm has enough resources to continue to operate even if it lost...
: GSK says it disagrees with California state court ruling on Zantac
U.K. pharmaceutical giant GSK on Friday said it disagreed with a California state court ruling on Zantac, or ranitidine, and its links with cancer. “Following...
: Citi analyst sees ‘ample’ liquidity in banks to cover deposit withdrawals
Regions Financial Corp. RF, KeyCorp KEY and Fifth Third Bancorp FITB top a list of nine regional banks as measured by total available liquidity to...
: Deutsche Bank shares slump 8%
Deutsche Bank shares XE:DBK slumped 8% in Frankfurt trade on Friday, as worries over bank sector health focus on another global systemically important bank. Deutsche...
Lidar maker Ouster dips as quarterly losses widen, but CEO sees savings in Velodyne merger
Ouster is on track to realize the benefits of its merger with Velodyne, completed in February. But its pre-merger Q4 results fell short of expectations.