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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......»»
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......»»
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.....»»
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.....»»
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.....»»
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.....»»
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......»»
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.....»»
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.....»»
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......»»
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......»»
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......»»
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......»»
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.....»»
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.....»»
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......»»
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.....»»
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........»»
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.....»»
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.....»»