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Francesca Fontana

👤 Speaker
709 total appearances

Appearances Over Time

Podcast Appearances

WSJ What’s News
What’s News in Markets: Trade Truce Winners, UnitedHealth Slides, Foot Locker Deal Bounce

And then there was Nike, which relies on Vietnam, Indonesia, and China for its products and was hit hard last month when the tariffs were announced. It climbed 7.3% on Monday and notched a weekly gain of more than 8%. Now, back to UnitedHealth, the healthcare conglomerate and parent of insurance provider UnitedHealthcare. It's had a rough year, and it had a bad week this week.

WSJ What’s News
What’s News in Markets: Trade Truce Winners, UnitedHealth Slides, Foot Locker Deal Bounce

On Tuesday, UnitedHealth suspended its 2025 earnings outlook and announced the sudden resignation of Chief Executive Andrew Witte, and the stock dropped a whopping 18%. But that wasn't all. The Wall Street Journal reported that the Justice Department is investigating the company for possible criminal Medicare fraud.

WSJ What’s News
What’s News in Markets: Trade Truce Winners, UnitedHealth Slides, Foot Locker Deal Bounce

On Tuesday, UnitedHealth suspended its 2025 earnings outlook and announced the sudden resignation of Chief Executive Andrew Witte, and the stock dropped a whopping 18%. But that wasn't all. The Wall Street Journal reported that the Justice Department is investigating the company for possible criminal Medicare fraud.

WSJ What’s News
What’s News in Markets: Trade Truce Winners, UnitedHealth Slides, Foot Locker Deal Bounce

And that's along with the other government probes into UnitedHealth, including antitrust investigations and a civil investigation of its Medicare billing practices that the journal first reported in February. UnitedHealth said it hadn't been notified by the Justice Department of the Criminal Investigation, and it stands by the integrity of its Medicare Advantage program.

WSJ What’s News
What’s News in Markets: Trade Truce Winners, UnitedHealth Slides, Foot Locker Deal Bounce

And that's along with the other government probes into UnitedHealth, including antitrust investigations and a civil investigation of its Medicare billing practices that the journal first reported in February. UnitedHealth said it hadn't been notified by the Justice Department of the Criminal Investigation, and it stands by the integrity of its Medicare Advantage program.

WSJ What’s News
What’s News in Markets: Trade Truce Winners, UnitedHealth Slides, Foot Locker Deal Bounce

86.

WSJ What’s News
What’s News in Markets: Trade Truce Winners, UnitedHealth Slides, Foot Locker Deal Bounce

86.

WSJ What’s News
What’s News in Markets: Trade Truce Winners, UnitedHealth Slides, Foot Locker Deal Bounce

86%. That is how much that shares of sneaker seller Foot Locker gained on Thursday, thanks to Dick's Sporting Goods, the big box retailer, buying the company for roughly $2.4 billion. If you'll pardon the pun, Foot Locker has been on pretty shaky footing, and its shares have slumped this year on Trump's tariffs. So Foot Locker jumped 86% on Thursday and ended the week with a gain of 98%.

WSJ What’s News
What’s News in Markets: Trade Truce Winners, UnitedHealth Slides, Foot Locker Deal Bounce

86%. That is how much that shares of sneaker seller Foot Locker gained on Thursday, thanks to Dick's Sporting Goods, the big box retailer, buying the company for roughly $2.4 billion. If you'll pardon the pun, Foot Locker has been on pretty shaky footing, and its shares have slumped this year on Trump's tariffs. So Foot Locker jumped 86% on Thursday and ended the week with a gain of 98%.

WSJ What’s News
What’s News in Markets: Trade Truce Winners, UnitedHealth Slides, Foot Locker Deal Bounce

How did DigShares do? Well, they didn't make quite so extreme a move and not quite in the same direction, dropping 15% on Thursday. And now you know what's news in markets this week. You can read about more stocks that moved on the week's news in The Score, my column in the Wall Street Journal's Exchange section.

WSJ What’s News
What’s News in Markets: Trade Truce Winners, UnitedHealth Slides, Foot Locker Deal Bounce

How did DigShares do? Well, they didn't make quite so extreme a move and not quite in the same direction, dropping 15% on Thursday. And now you know what's news in markets this week. You can read about more stocks that moved on the week's news in The Score, my column in the Wall Street Journal's Exchange section.

WSJ What’s News
What’s News in Markets: Trade Truce Winners, UnitedHealth Slides, Foot Locker Deal Bounce

Today's show was produced by Zoe Kolkin and Anthony Bansi with supervising producer Talia Arbel. I'm Francesca Fontana. Have a great weekend.

WSJ What’s News
What’s News in Markets: Trade Truce Winners, UnitedHealth Slides, Foot Locker Deal Bounce

Today's show was produced by Zoe Kolkin and Anthony Bansi with supervising producer Talia Arbel. I'm Francesca Fontana. Have a great weekend.

WSJ What’s News
What’s News in Markets: Disney Shines, Cleveland-Cliffs Slides, Boeing Climbs

Hey listeners, it's Saturday, May 10th. I'm Francesca Fontana for The Wall Street Journal, and this is What's News in Markets, our look at the biggest stock moves of the week and the news that drove them. Let's get to it. The stock market started this week pretty gloomy, as the S&P 500 and the Dow both snapped nine-day winning streaks on Monday.

WSJ What’s News
What’s News in Markets: Disney Shines, Cleveland-Cliffs Slides, Boeing Climbs

Hey listeners, it's Saturday, May 10th. I'm Francesca Fontana for The Wall Street Journal, and this is What's News in Markets, our look at the biggest stock moves of the week and the news that drove them. Let's get to it. The stock market started this week pretty gloomy, as the S&P 500 and the Dow both snapped nine-day winning streaks on Monday.

WSJ What’s News
What’s News in Markets: Disney Shines, Cleveland-Cliffs Slides, Boeing Climbs

Trade jitters, of course, continued to be at play for investors. And those jitters weren't calmed by President Trump's meeting with Canada's prime minister or promises of trade deals. But things turned around on Wednesday as the Federal Reserve held rates steady. And we got a nice rally on Thursday on the announcement of a trade pact between the U.S.

WSJ What’s News
What’s News in Markets: Disney Shines, Cleveland-Cliffs Slides, Boeing Climbs

Trade jitters, of course, continued to be at play for investors. And those jitters weren't calmed by President Trump's meeting with Canada's prime minister or promises of trade deals. But things turned around on Wednesday as the Federal Reserve held rates steady. And we got a nice rally on Thursday on the announcement of a trade pact between the U.S.

WSJ What’s News
What’s News in Markets: Disney Shines, Cleveland-Cliffs Slides, Boeing Climbs

and the U.K., which had some good news in it for Boeing, but more on that later. All in all, though, all three major indexes ended the week slightly lower. Thank you. First up, let's talk Disney. The entertainment company announced plans for a new theme park, and investors were certainly celebrating. Disney said that its new park, which will be its seventh global park, will be built in Abu Dhabi.

WSJ What’s News
What’s News in Markets: Disney Shines, Cleveland-Cliffs Slides, Boeing Climbs

and the U.K., which had some good news in it for Boeing, but more on that later. All in all, though, all three major indexes ended the week slightly lower. Thank you. First up, let's talk Disney. The entertainment company announced plans for a new theme park, and investors were certainly celebrating. Disney said that its new park, which will be its seventh global park, will be built in Abu Dhabi.

WSJ What’s News
What’s News in Markets: Disney Shines, Cleveland-Cliffs Slides, Boeing Climbs

So it's expanding its lucrative experiences business into a new market. The company also posted strong earnings, saying that its U.S. theme parks attracted more guests and higher spending from visitors in the latest quarter.