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(Bloomberg) -- China’s top securities regulator said it will work on building a mechanism to stabilize the market, vowing to anchor market expectations in 2025 after a disappointing start to the new year.Most Read from BloombergA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionNew York, San Francisco Ranked Worst for US Traffic in City CentersThe China Securities Regulatory Commission said stability is top of its agen

Macy’s, Inc. (NYSE:M) shares are trading lower in premarket on Monday after the Department store chain provided an update on its fiscal fourth-quarter guidance. The company expects fourth-quarter net sales to reach, or slightly fall below, the lower end of the previously projected outlook of $7.8 billion – $8.0 billion and compared to the estimate of $7.885 billion. The company now anticipates its adjusted earnings per share for the fourth quarter to remain within its earlier forecast of $1.40 –

(Bloomberg) -- Just down the road from Stanford University, a roughly $200 million campus upgrade is underway at one of the Palo Alto area’s elite private schools, with plans encompassing state-of-the-art classrooms, an aquatics center and a recording studio.Most Read from BloombergA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionNew York, San Francisco Ranked Worst for US Traffic in City CentersIt’s a massive financ

Shares of Intra-Cellular Therapies are surging 35% in premarket trading Monday after Johnson & Johnson said it will acquire the biopharmaceutical company for roughly $14.6 billion.

Fastenal Company (NASDAQ:FAST) will release its fourth-quarter financial results, before the opening bell, on Friday, Jan. 17, 2025. Analysts expect the Winona, Minnesota-based company to report quarterly earnings at 48 cents per share, up from 46 cents per share in the year-ago period. Fastenal projects quarterly revenue of $1.84 billion, compared to $1.76 billion a year earlier, according to data from Benzinga Pro. On Dec. 11, Stifel analyst Brian Butler downgraded Fastenal from Buy to Hold an

Also: Dimon offers new outlook on his future, Zuckerberg slams Apple.

U.S. Steel shares are jumping in premarket trading Monday after the U.S. government extended until June from next month a deadline for Nippon Steel to abandon its planned $14.1 billion acquisition of the American steelmaker.

Nvidia (NVDA) on Monday quickly slammed newly released Biden administration rules to regulate chip sales to foreign countries.

The company hopes to make the Walmart spark as recognizable as Apple's logo and Starbucks' mermaid.

News of the day for Jan. 13, 2025