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Wall Street dips as focus shifts to earnings

U.S. stock indexes fell at the open on Monday after a strong rally last week, with investors bracing for an expected slide in quarterly earnings and signs of the long-term damage of the coronavirus outbreak on Corporate America......»»

Category: topSource: reutersApr 13th, 2020

Fed action fuels stock market bounce after worse-than-expected jobs data

The Dow jumps more than 500 points even after U.S. jobless claims hit 16.5 million in three weeks......»»

Category: topSource: washpostApr 9th, 2020

BMW plant in South Carolina extends temporary closure amid COVID-19 outbreak

A major manufacturing plant in the Carolinas will remain closed longer than initially expected due to the COVID-19 outbreak. BMW Manufacturing announced Monday it would no longer reopen its 7 million-square-foot plant in South Carolina on April 13. T.....»»

Category: topSource: bizjournalsApr 6th, 2020

Under Armour to incur up to $525 million in 2020 restructuring charges, will layoff store workers starting April 12

Under Armour Inc. says it will incur pre-tax restructuring and related charges in the range of $475 millio.....»»

Category: topSource: marketwatchApr 3rd, 2020

Stock futures inch higher after jobless claims report

Jobless claims are expected to surge to 1 million last week, with estimates running as high as 4 million.....»»

Category: topSource: foxnewsMar 26th, 2020

Stock futures pare losses as jobless claims surge

Jobless claims are expected to surge to 1 million last week, with estimates running as high as 4 million.....»»

Category: topSource: foxnewsMar 26th, 2020

Futures fall after two-day rally as focus turns to jobless numbers

U.S. stock index futures slipped on Thursday after a two-day rally as investors braced for what is expected to be one of the worst domestic jobless claims reports in history, underscoring the wide-ranging economic damage from the coronavirus pandemic......»»

Category: topSource: reutersMar 26th, 2020

Stock futures trade lower on US job concerns

Jobless claims are expected to surge to 1 million last week, with estimates running as high as 4 million.....»»

Category: topSource: foxnewsMar 26th, 2020

Why Uxin"s Stock Is Trading Higher Today

Uxin Limited (NASDAQ: UXIN) shares are trading higher on Tuesday, after 58.com purchased the company's B2B online used car auction business for $105 million. The transaction is expected to close in the first half of 2020. read more.....»»

Category: blogSource: benzingaMar 24th, 2020

Gap sees 2020 profit above estimates, flags $100 mln sales hit from coronavirus

Gap Inc forecast 2020 profit above market expectations on Thursday as it pushes through its restructuring plan, but said it expected an impact of $100 million in first-quarter sales due to the fast-spreading coronavirus in Asia and Europe......»»

Category: topSource: reutersMar 12th, 2020

Face-mask maker’s 400% rally spurs huge insider share sales

Alpha Pro Tech Ltd.’s head of Investor Relations—the widow of a former chairman—took advantage of the company’s more than 400% surge this year to sell $13.6 million in stock. Donna Millar, who has... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMar 6th, 2020

Cannabis Watch: Tilray slides 14% to pressure broader cannabis sector after earnings disappoint

Tilray Inc. stock was the biggest decliner among Canadian licensed cannabis producers on Tuesday, as analysts weighed in on weaker-than-expected fourth-quarter earnings that included a revenue miss and $112 million impairment charge......»»

Category: topSource: marketwatchMar 3rd, 2020

Cannabis Watch: Tilray stock drops after revenue miss, $112 million impairment charge

Tilray Inc. shares dropped more than 8% in the extended session Monday after the weed company posted revenue that missed Wall Street estimates and a larger than expected loss......»»

Category: topSource: marketwatchMar 2nd, 2020

Farfetch stock gains after online retailer posts narrower Q4 loss

Shares of Farfetch Ltd. rose more than 5% in the extended session Thursday after the online luxury retailer reported a narrower-than-expected adjusted fourth-quarter loss and sales topped views. Farfetch lost $110 million, or 34 cents a sha.....»»

Category: topSource: marketwatchFeb 27th, 2020

76 Biggest Movers From Friday

Gainers Summer Infant, Inc. (NASDAQ: SUMR) shares climbed 288% to close at $1.05 on Friday after the company reported restructuring of its business, which is expected to result in an annualized cost savings of $7.5 million. read more.....»»

Category: blogSource: benzingaFeb 18th, 2020

Cannabis Watch: Canopy’s stock roars higher after better-than-expected earnings, sparks broad rally in cannabis sector

Canopy Growth stock roared higher Friday and sparked a broad rally among cannabis stocks, after a better-than-expected earnings report bolstered sentiment on the beaten-down sector......»»

Category: topSource: marketwatchFeb 14th, 2020

Canopy Growth Reports Third Quarter Fiscal 2020 Financial Results

Generated $124 million Net Revenue, up from $76 million in Q2 2020Excluding portfolio restructuring charges in Q2 2020, Net Revenue up 13%Achieved Gross Margin of 34%Total Operating Expenses down 14% versus the prior quarte.....»»

Category: earningsSource: benzingaFeb 14th, 2020

Why Lack of Bad News Boosted Aurora Cannabis Stock

When Aurora Cannabis reported fiscal second-quarter results, missing from the report was a detailed accounting of expected impairment charges announced last week when Aurora reported former chief........»»

Category: blogSource: 247wallstFeb 13th, 2020

Pluralsight stock drops 5% on wider quarterly loss

Shares of Pluralsight Inc. fell 5% late Wednesday after the online education company reported a wider-than-expected quarterly loss. Pluralsight said it lost $32 million, or 31 cents a share, in the fourth quart.....»»

Category: topSource: marketwatchFeb 12th, 2020

Pluralsight stock drops 5% on wider quarterly loss, sales miss

Shares of Pluralsight Inc. fell 5% late Wednesday after the online education company reported a wider-than-expected quarterly loss and sales fell short of expectations. Pluralsight said it lost $32 million, or 31 cents a share, in the fourth quart.....»»

Category: topSource: marketwatchFeb 12th, 2020