Key TakeawaysThe S&P 500 plunged 1.5% on Friday, Jan. 10, as an unexpected surge in hiring in the December jobs report raised concerns about interest rate policy.Shares of Constellation Brands tumbled after the beer and wine maker reduced its full-year sales guidance.Strong results from Walgreens Boots Alliance suggested early progress on the drugstore operator's turnaround plan, and its shares surged. Major U.S. equities indexes plunged as the markets returned to action Friday following a day of mourning f ...

NEW YORK, Jan. 10, 2025 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Xerox Holdings Corporation (NASDAQ: XRX) between January 25, 2024 and October 28, 2024, both dates inclusive (the "Class Period"), of the important January 21, 2025 lead plaintiff deadline.So what: If you purchased Xerox securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement ...

Company Actions - Amazon has updated its corporate website to downplay DEI (Diversity, Equity, and Inclusion) and removed a 2021 post that emphasized DEI focus [1] - Amazon is curbing some of its DEI programs, following similar actions by Meta, which also announced the end of its diversity efforts [2] - The company is winding down outdated DEI programs and materials as part of a review of current initiatives [2] Industry Trends - Tech companies, including Amazon and Meta, are reversing prior commitments to DEI, possibly in anticipation of a presidential administration hostile toward DEI [1][2] Internal Communication - A senior HR executive stated that the company is focusing on programs with proven outcomes and aims to foster a more inclusive culture, rather than having individual groups build programs [3]

Shares of Meta Platforms (META 0.84%) soared last year as the "Magnificent Seven" stock cracked the trillion-dollar mark once again.Like other tech stocks, Meta Platforms jumped on the broader AI boom as it experienced a resurgence in advertising revenue and moved past its earlier metaverse misstep.According to data from S&P Global Market Intelligence, the stock jumped 65% last month. As you can see from the chart below, the stock jumped early in the year on a strong earnings report, and though it swung up ...

NEWBURYPORT, Mass., Jan. 10, 2025 (GLOBE NEWSWIRE) -- UFP Technologies, Inc. (NASDAQ:UFPT) an Innovative designer and custom manufacturer of components, subassemblies, products, and packaging primarily for the medical market today announced that Chairman and Chief Executive Officer R. Jeffrey Bailly and Chief Financial Officer Ron Lataille will participate in the upcoming CJS Securities 25th Annual "New Ideas for the New Year" Conference to be held virtually on January 14, 2025. UFP's presentation is schedu ...

NEWBURYPORT, Mass., Jan. 10, 2025 (GLOBE NEWSWIRE) -- UFP Technologies, Inc. (Nasdaq: UFPT) an Innovative designer and custom manufacturer of components, subassemblies, products, and packaging primarily for the medical market today announced that Chairman and Chief Executive Officer R. Jeffrey Bailly and Chief Financial Officer Ron Lataille will participate in the upcoming CJS Securities 25th Annual “New Ideas for the New Year” Conference to be held virtually on January 14, 2025. UFP’s presentation is sched ...

NEW YORK, Jan. 10, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of stock of BioAge Labs, Inc. (NASDAQ: BIOA) pursuant and/or traceable to BioAge’s initial public offering conducted on September 26, 2024 (the “IPO”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than March 10, 2025. SO WHAT: If you purchased BioAge stock you may ...

The social media giant got a triple dose of news.Despite the market's dour mood on Friday, shares of Meta Platforms (META 0.84%) rallied, gaining as much as 3.1%. As of 3:03 p.m. ET, the stock was still up 1.9%.It was not one catalyst that sent the social media and artificial intelligence (AI) giant higher, but rather a flurry of developments, each from a different quarter.When it rains, it poursThe first major development was in the Supreme Court case brought by TikTok. Congress recently passed a law, sche ...

Nordstrom on Friday raised its full-year sales outlook, after holiday shopping at its stores and on its website came in stronger than the department store's cautious expectations.The company stuck by its profit guidance, despite the higher sales guidance.The Seattle-based retailer said it now expects full-year revenue growth of 1.5% to 2.5%, including the impact of having one fewer fiscal week. That compares to its previous outlook of flat to up 1%.Nordstrom struck a conservative note with its outlook in la ...

Electric vehicle company Faraday Future Intelligent Electric Inc FFIE was one of the many companies that presented or showed off new products, concepts and company growth initiatives at the 2025 CES conference.An electric vehicle media outlet is skeptical of the company's latest plan for growth.What Happened: When it comes to Faraday Future, the company has focused on the premium electric vehicles sector with the FF 91 having a cost of more than $300,000.The company now plans to grow with its new Faraday X ...