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Europe Markets: Possible Universal Music sale pushes Vivendi shares higher, as European stocks march into record territory
French media giant Vivendi said on Tuesday that it may sell an additional 10% of Universal Music — the label behind acts including Lady Gaga, Justin Bieber, Taylor Swift, and Kendrick Lamar — ahead of floating the group by the end of September 2021......»»
Exclusive: Duos Technologies CEO Talks Products, Company Outlook On "Power Hour"
Charles Ferry, CEO of Duos Technologies Group Inc (NASDAQ: DUOT), a provider of intelligent security analytical technology solutions, appeared on Benzinga's YouTube show "Power Hour" Wednesday for an exclusive interv read more.....»»
Earnings Results: Activision Blizzard stock rises as ‘Call of Duty’ drives revenue gains
Activision Blizzard Inc. shares rise in the extended session Tuesday after the company's quarterly results and outlook topped Wall Street expectations, driven by its "Call of Duty" franchise......»»
: Burberry shares soar as British luxury group upgrades outlook after strong rebound in sales
Demand from Chinese consumers, who have been spending at home, has boosted sales of luxury companies.....»»
Earnings Results: Marvell stock declines on in-line earnings
Marvell Technology Group Ltd. shares decline after the chip maker’s quarterly earnings meet Wall Street expectations and the company issues an outlook that could potentially disappoint analysts......»»
Franchise Group CEO Kahn purchases $26.5M in company shares
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
: Online demand for beauty products surges during the pandemic, as retailer The Hut Group hikes revenue outlook again
Shares in London-listed e-commerce retailer The Hut Group have risen almost 60% since its IPO in September......»»
: Alibaba raises stock buyback plan to $10 billion, but shares continue to sink
Alibaba Group Holding Ltd. raised its stock repurchase program late Sunday from $6 billion to $10 billion, but shares still sank in Hong Kong trading amid a antitrust investigation by Chinese regulators......»»
Airline stocks sink after Warren Buffett bails on industry, Air Canada’s downbeat outlook
Shares of airlines took a dive Monday, after Warren Buffett said he sold off his large stakes in four air carriers, and after Air Canada gave a downbeat assessment of the overall industry amid the coronavirus pandemic......»»
Expedia shares fly on report of talks to sell stake for $1 billion
Shares of Expedia Group Inc rose 9% on Wednesday after a report that the online travel services company was in advanced talks to sell a stake to private-equity firms Silver Lake Partners and Apollo Global Management Inc for about $1 billion......»»
UnitedHealth rises on "minimal" COVID-19 impact on results, reiterated outlook
UnitedHealth Group Inc on Wednesday reported a better-than-expected quarterly profit due to strength in the pharmacy benefit business and maintained its forecast for the year, sending the company's shares up nearly 3% before the bell......»»
UnitedHealth"s stock jumps after profit and revenue beats expectations, full-year outlook affirmed
Shares of UnitedHealth Group Inc. rose 2.0% in premarket t.....»»
Alaska Air Group CEO Brad Tilden "extremely grateful, humbled" by $1B federal payroll help
Alaska will get $1 billion, representing loans and a sale of shares to the government, while its larger rival Delta Air Lines will receive $5.4 billion in federal help to pay workers......»»
SoftBank Group"s share rally ends after Moody"s downgrade
SoftBank Group Corp's shares fell 8% in early trade on Thursday, ending a 55% rally in the stock, after Moody's downgraded the tech conglomerate's debt rating by two notches over plans to sell prime assets into a volatile market......»»
SoftBank shares close down 17% in biggest one-day fall
Shares of SoftBank Group Corp closed down 17% on Thursday in their biggest one-day fall, hammered by investor scepticism over the outlook for tech bets, such as office sharing firm WeWork and ridehailer Uber ......»»
Sources: Blackstone in talks to take developer SOHO China private in $4 billion deal
Blackstone Group Inc is in exclusive talks to take SOHO China Ltd private in a $4 billion deal, said two sources, in one of its biggest bets yet on the Chinese market and which sent the target's shares to a 21-month high......»»
Abercrombie"s stock rallies after profit beat, in-line sale outlook despite COVID-19 impact
Shares of Abercrombie & Fitch Co. shot up 4.8% in premarket trading Wednesday, after the apparel retailer reported fiscal fourth-quarter profit and sales that beat expectations, and provid.....»»
Revolve shares sink 17% after inventory troubles pressure sales
Revolve Group Inc. shares sank 17.7% in Wednesday premarket trading after the e-commerce apparel business reported a sales miss and gave weak guidance. Net income totaled $8.4 million, or 12 cents per share, up from $7.7.....»»
Meritage Reports Full-Year 2019 Preliminary Results; 2020 Outlook: Robust Growth Ahead
GRAND RAPIDS, Mich., Feb. 24, 2020 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX:MHGU), one of the nation's premier franchise restaurant operator .....»»
Univision in talks with investor group for possible sale: source
Spanish-language broadcaster Univision Communications Inc is in sale talks with a consortium of investors, a source familiar with the matter told Reuters on Friday......»»