SEC, FINRA fine broker and Chinese clearing bank $7.2 million for suspicious penny stock sales

Children's Place Inc. stock soared 12.2% in Tuesday premarket trading after the kids clothing and accessories chain reported a surprise fourth-quarter profit and sales that beat expectations. Net income totaled $7.8 million, or 53 cents.....»»

Children's Place Inc. stock soared 12.2% in Tuesday premarket trading after the kids clothing and accessories chain reported a surprise fourth-quarter profit and sales that beat expectations. Net income totaled $7.8 million, or 53 cents.....»»

Discount retailer Burlington Stores Inc. said Thursday it had net income of $155.9 million, or $2.33 a share, in the fourth quarter, down from $206.3 million, or $3.08 a share, in the year-earlier period. Adjusted per-share earnings came.....»»

The biggest insider stock sale among local executives in February was $6.1 million......»»

Macy's Inc. stock rose 1.9% in Tuesday premarket trading after the department store retailer beat fourth quarter expectations. Net income totaled $160 million, or 50 cents per share, down from $340 million, or $1.09 per share, last year. Adjusted EP.....»»

Western Alliance will sell common stock and raise $275 million later this year to support the acquisition and the bank’s future growth in the second quarter of 2021......»»

Yum Brands Inc. stock rose 3% in Thursday premarket trading after the fast-food company reported fourth-quarter earnings that beat expectations. Net income totaled $332 million, or $1.08 per share, down from.....»»

For execs at a handful of publicly-traded companies in the Triangle, 2021 has already seen millions in insider stock sales. And for some it's above $10 million......»»

A combined stock and cash transaction, representing a total consideration of about $190 million, is expected to close during the second quarter of 2021. The combined bank will have the most branches of any Kentucky-based community bank......»»

Gaming giant Valve has been hit with a €1.6 million ($2 million) fine after European Union regulators ruled it helped restrict cross-border sales on Steam, the world's largest online platform for PC games......»»

Two Philadelphia-area biopharmaceutical companies focused on developing cancer therapies expect to raise a total of nearly $160 million from stock offerings Monday. The majority of the funds are expected to be raised by Prelude Therapeutics (NAS.....»»

‘If you’re not paying for something, you are going to pay for it in a way you can’t see,’ says one consumer advocate......»»

Shares of SmileDirectClub Inc. fell more than 6% in the extended session Wednesday after the teledentistry company reported a wider-than-expected quarterly loss and its sales missed views. SmileDirect said it lost $107 million, or 28 cents a share, i.....»»

Etsy Inc. said Wednesday that sales of face masks on its e-commerce site led to huge growth in April sales, but first-quarter earnings disappointed investors and shares fell 8% in after-hours trading. Etsy reported profit of $12.5 million, or 10 cents .....»»

Peloton Interactive Inc. sales topped $500 million in its most recent quarter, a new milestone that pushed the connected exercise-equipment company’s young shares toward new highs in after-hours trading......»»

Electronic Arts Inc. shares fell more than 4.7% in the extended session Tuesday after the company topped consensus estimates for net bookings. The videogame giant reported fiscal fourth-quarter net income of $418 million, or $1.43.....»»

TRADING SYMBOL: Toronto Stock Exchange - HDI Record quarterly sales of $325.1 million, profit per share increases 57.1%Dividend of $0.085 per share declared LANGLEY, BC, May 5, 2020 /CNW/ - Hardw.....»»

Chinese electric car maker Nio got a $990 million investment from provincial and local governments in exchange for 24.1% stake in a new entity called Nio China......»»

Olive Garden operator Darden Restaurants Inc. said late Monday that it had begun to sell $400 million of stock and said that same-restaurant sales had declined 44.7% during the fourth.....»»

KeyCorp (NYSE: KEY) reported first-quarter earnings of 12 cents per share Thursday, significantly missing the consensus estimate of 32 cents per share. The bank posted a higher provision expense in the quarter of $359 million. Latest Rat.....»»