Stock Snacks

Health care stocks were slipping this afternoon, with the NYSE Health Care Index declining nearly 0.3% while shares of health care companies in the S&P 500 were down more than 0.2%. The Nasdaq Biotechnology index was falling almost 1.0%. Among health care stocks moving on news: (-) Seres Therapeutics (MCRB) dropped almost 29% to a worst-ever $2.02 a share afterRead More

US factory orders fell in line with analysts’ estimates in April as a decline in demand for durable goods offset rising orders of nondurable items, which were bolstered by petroleum and coal. New orders for manufactured goods decreased by 0.8% to $499.3 billion in April, according to data published by the Census Bureau. This marked a departure from the revisedRead More

Amazon.com (AMZN) is interested in buying prepaid cellphone wireless service Boost Mobile from T-Mobile US (TMUS) and Sprint (S), Reuters said, citing two sources familiar with the situation. Amazon is looking for an attached wholesale deal that would allow the buyer to use T-Mobile’s wireless network for at least six years, one of the sources told Reuters. Amazon would alsoRead More

Boeing’s (BA) training proposal for the 737 Max’s updated software includes computer lessons without mandated hands-on simulator training for pilots, CNN reported, citing sources. The aircraft maker drew flak from pilots and aviation consultants for only providing a short, self-administered online course and no simulator time. Prior to two accidents that killed more than 300 people, training requirements for 737Read More