Marriott Vacations Worldwide Corp. provided Wednesday a preliminary look at fourth-quarter results, saying volume per guest (VPG) increased 9% from a year ago while tours declined 59% amid the COVID-19 pandemic. Contract sales for vacation ownership rose to $178 million, a 25% increase from the sequential third quarter; the average estimate, of the two analysts

Bionano Genomics Inc. priced a $200 million underwritten stock offering announced late Tuesday at a discount of $6 a share, selling 33.3 million shares. The stock closed Tuesday at an alltime high of $9.14. The genome sequencing company’s shares have gained 662% in the last 12 months on little news flow, and trading volumes have

Morgan Stanley shares rose 2.2% in premarket trade Wednesday, after the bank blew past estimates for its fourth quarter. The bank said it had net income of $3.4 billion, or $1.81 a share, in the quarter, up from $2.2 billion, or $1.30 a share, in the year-earlier period. Revenue rose to $13.6 billion from $10.9

Shares of Eli Lilly & Co. gained 0.8% in premarket trading on Wednesday, the day after the drugmaker announced a deal worth up to $1.6 billion with Merus to develop three antibody therapies aimed at treating cancer. The Dutch company’s stock was down 5.1% in premarket trading on Wednesday. The deal, which includes research and

Shares of Alibaba Group Holding Ltd. shot up 7.3% toward a more than 6-week high in premarket trading Wednesday, putting them on track for a fifth-straight gain, after co-founder Jack Ma made his first public appearance in nearly three months. The rally in the China-based internet giant’s shares puts them on track to open at

The global tally for confirmed cases of the coronavirus that causes COVID-19 climbed above 96.2 million on Wednesday, according to data aggregated by Johns Hopkins University, while the death toll rose above 2.05 million. The U.S. has the highest case tally in the world at 24.3 million and the highest death toll at 401,777, or

Tyson Foods Inc. said Wednesday it has agreed to settle all class claims in its previously disclosed broiler chicken antitrust litigation and will pay an aggregate of $221.5 million in settlements. The fines will be reflected in its first-quarter 2021 financial statements. Shares rose 1.6% in premarket trade, but are down 29% in the last

Shares of UnitedHealth Group Inc. rose 1.0% in premarket trading Wednesday, after the health care services company reported a fourth-quarter profit that fell less than expected, while revenue rose above forecasts. Net income fell to $2.21 billion, or $2.30 a share, from $3.54 billion, or $3.68 a share, in the year-ago period. Excluding non-recurring items,

Shares of renewable energy company Gevo Inc. slid 20% in premarket trade Wednesday, after the company said it is selling $350 million of shares in a registered direct offering priced at-the-market. The company is offering 43.75 million shares, priced at a discount of $8 each. The stock closed Tuesday at $11.03. H.C. Wainwright is acting

President-elect Joe Biden announced a raft of executive orders he will sign on his first day, including ending the process of leaving the World Health Organization and rejoining the Paris climate accords. Biden also will stop border wall construction, reverse the executive order excluding undocumented immigrants from the Census, ask for the extension of eviction