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U.S. stock indexes rose Monday as markets reopened after the Christmas holiday and investors assessed the spread of the omicron Covid-19 variant.The Dow Jones Industrial Average gained about 115 points, or 0.3%. The S&P 500 added 0.4% and the Nasdaq Composite ticked up 0.4%.Airline stocks fell after a holiday weekend that saw thousands of flights canceled due to Covid-related issues. The rampant spread of the omicron variant led to a staffing shortage at a time when airlines were looking to ramp

These quiet biotechs are tightly focused and practically alone in their markets.

Niois a new addition to the fresh money list at Deutsche Bank on what it calls an attractive buying opportunity heading into the new year.Analyst Edison Yu: "With the stock having underperformed materially in recent months, we see a great entry point setting up for a pivotal 2022. Investor sentiment has been lackluster due to lack of new vehicles and supply chain constraints, and most recently, the heightened US delisting risk. We believe these headwinds can all reverse in the coming 12 months w

The company is still working through some big bottlenecks, but 2022 is looking strong.

-Reckitt Benckiser said on Friday it plans to sell its E45 skincare brand and related sub-brands to Karo Pharma for 200 million pounds , as the British consumer goods maker shifts focus to higher growth areas.The Durex condom and Lysol disinfectant maker said the businesses generated a combined net revenue of 43 million pounds last year.The Slough-based company has been trimming its portfolio to concentrate on high growth categories such as disinfectants and health care products that have seen

Wall Street is unanimous about the massive electric vehicle market opportunity set to unfold in the coming years. Against this backdrop, an analyst at Wedbush pondered what could be on Christmas wish lists for the EV makers.Christmas Wish List:The EV sectors would be hoping for two things heading into Christmas and the end of the year, Ives said.Moderation in the chip shortage that severely constrained production.Hope the EV demand inflection predicted for 2022 materializes.$5T Market Opportunit

Colin Kaepernick-backed SPAC Mission Advancement Corp.'sdeal to buy a lender that focused on minority borrowers is to have collapsed.The SPAC's deal to acquire The Change Co. is said to have ended over the former NFL quarterback and social activist's reluctance to appear on TV to promote the deal including appearing on "Good Morning America," according to a WSJ report. Kaepernick declined to be involved in interviews surrounding the transaction.A spokesman for Kaepernick’s Mission Advancement to

Dec 23 - U.S. auto retail sales are expected to fall in December, as supply shortages and high demand have caused prices to skyrocket, consultants J.D. Power and LMC Automotive said in a report released on Thursday.Retail sales of new vehicles could fall 17.7% to 2,923,600 units from a year earlier, the report said."Intense demand with this limited supply is resulting in prices continuing to increase," said Thomas King, president of the data and analytics division at J.D. Powers.Auto manufactur

All three major averages were up Thursday morning, building on back-to-back sessions of gains as fea

Costly data breaches are on the rise, and effective cybersecurity is more critical than ever.