Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Visa — Shares of the payment processor fell 4.7% in midday trading after a report said the Justice Department is investigating whether business practices at the payment processor’s debit-card business is leading to unlawful market dominance. The Wall Street
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Chairman of the Federal Reserve Jerome Powell listens during a Senate Banking Committee hearing on “The Quarterly CARES Act Report to Congress” on Capitol Hill in Washington, U.S., December 1, 2020. Susan Walsh | Reuters The Federal Reserve could remain a source of angst for markets in the week ahead, with chairman Jerome Powell scheduled
Take a look at some of the biggest movers in the premarket: Nike (NKE) – Nike came in 14 cents a share above estimates, with quarterly profit of 90 cents per share. The athletic footwear and apparel company’s revenue came in below analysts’ projections, however, and its full-year revenue outlook was also shy of estimates.
A pedestrian walks past American multinational sport clothing brand, Nike store and its logo seen in Hong Kong. Budrul Chukrut | SOPA Images | LightRocket | Getty Images Check out the companies making headlines after the bell on Thursday: FedEx – Shares of the delivery service ticked up 3.6% after the company announced fiscal third-quarter