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Wirecard shares plunge as Dubai-based partner shuts shop

Shares in Wirecard fell to more than two-year lows on Friday after a Dubai-based business partner closed its doors even as the German payments company played down the impact on operations......»»

Category: topSource: reutersMay 15th, 2020

Shares in Wirecard fall sharply; traders cite concerns about Dubai business partner

Shares in Wirecard fell more than 13% to their lowest in more than two years on Friday, traders pointing to a tweet about a business partner based in Dubai liquidating as the reason for the sudden sharp drop in afternoon trade......»»

Category: topSource: reutersMay 15th, 2020

Aphria"s stock soars after reporting surprise profit, giving a boost to merger partner Tilray

The U.S.-listed shares of Aphria Inc. shot up 17% in midday trading Thursday toward a more-than two-year high, after the Canada-based cannabis company reported a surprise fiscal second-quarter adjusted profi.....»»

Category: topSource: marketwatchJan 14th, 2021

Pacific Ethanol shares plunge with oil market, reversal of Trump policy

Shares in Sacramento-based Pacific Ethanol Inc. sank even worse than the market indices Monday on a string of bad news for the ethanol industry. The past four days have seen reports of declining fuel use, falling crude oil prices and the reversal o.....»»

Category: topSource: bizjournalsMar 9th, 2020

Casino stocks fall as Macau shuts down for 2 weeks on coronavirus concerns

Shares of U.S.-based casino operators with exposure to China were falling in premarket trading Tuesday, to buck the big rally in the broader stock market, after the g.....»»

Category: topSource: marketwatchFeb 4th, 2020

Bombardier"s stock suffering biggest-ever plunge after warning of revenue decline

Shares of Bombardier Inc. plunged 30% in afternoon trading, toward the lowest close in nearly 4 years, after the Montreal-based .....»»

Category: topSource: marketwatchJan 16th, 2020

Exclusive: Impossible Foods has stopped McDonald"s burger talks, shares of Beyond Meat jump

Impossible Foods is no longer trying to win a coveted deal to supply McDonald's Corp with plant-based burgers, telling Reuters it cannot produce enough of its imitation meat to partner with the world's No. 1 fast-food chain......»»

Category: topSource: reutersJan 8th, 2020

Exclusive: Impossible Foods pulls plug on McDonald"s burger talks, shares of Beyond Meat jump

Impossible Foods is no longer trying to win a coveted deal to supply McDonald's Corp with plant-based burgers, telling Reuters it cannot produce enough of its imitation meat to partner with the world's No. 1 fast-food chain......»»

Category: topSource: reutersJan 7th, 2020

Shares of Beyond Meat plunge as stock sale ban lifted

Shares of Beyond Meat plunged more than 20% Tuesday as a lockup period for early backers ended, freeing them up to cash in on their investments after results pointed to rising costs at the hugely popular plant-based meat producer......»»

Category: topSource: moneycentralOct 29th, 2019

Ex-Oracle CFO plans to shop for a tech company with $316M "blank check" IPO

Former Oracle Corp. Chief Financial Officer Jeff Epstein and former Goldman Sachs partner Brad Koenig filed plans to raise up to $316 million in a” blank check” IPO aimed at taking a tech company public. Their Burlingame-based company, Apex T.....»»

Category: topSource: bizjournalsAug 15th, 2019

Netflix shares plunge as U.S. subscriptions slide

Netlix.com Inc. added 2.7 million paid memberships worldwide in the second quarter, the Los Gatos-based streaming giant said on Wednesday — significantly missing the company’s forecast that it would gain 5 million new members during the period. Share.....»»

Category: topSource: bizjournalsJul 17th, 2019

Netflix shares plunge as U.S. subscriptions slide

Netlix.com Inc. added 2.7 million paid memberships worldwide in the second quarter, the Los Gatos-based streaming giant said on Wednesday — significantly missing the company’s forecast that it would gain 5 million new members during the period. Share.....»»

Category: topSource: bizjournalsJul 17th, 2019

Symantec shares plunge on report that Broadcom has called off buyout over price

Shares of Mountain View-based security software maker Symantec Corp. plunged 13 percent in early trading today, after CNBC reported that acquisition talks with Broadcom had fallen apart after the two companies couldn’t agree on a purchase price. Syman.....»»

Category: topSource: bizjournalsJul 15th, 2019

Ford"s stock rallies after Volkswagen confirms $2.6 billion investment in SDS partner Argo AI

Shares of Ford Motor Co. rallied 1.4% in premarket trading Friday, after Germany-based automaker Volkswagen AG confirmed that it will invest $2.6 billion in Ford's self-driving services (SDS) partner Argo AI, as part of an expansion of the compa.....»»

Category: topSource: marketwatchJul 12th, 2019

Perrigo shares up 1.5% after FDA approves marketing application for generic antibacterial

Shares of Dublin-based Perrigo Co. Plc rose 1.5% in premarket trade Wednesday after the company said the U.S. Food and Drug Administration had approved a development partner's marketing applic.....»»

Category: topSource: marketwatchJul 3rd, 2019

Broadcom shares plunge amid widening FTC investigation

A new reports suggests that investigators with the U.S. Federal Trade Commission had widened their antitrust investigation into the San Jose-based chipmaker......»»

Category: topSource: bizjournalsMay 21st, 2019

Aurora Cannabis partners with UFC on advancing CBD research

Shares of Aurora Cannabis Inc. rallied 1.5% in premarket trade Tuesday, after the Canada-based cannabis company announced a "multi-year, multi-million dollar" exclusive partner.....»»

Category: topSource: marketwatchMay 21st, 2019

Apple shares plunge on fresh fears over Trump tariffs

Shares of Cupertino-based Apple Inc. fell another 3 percent in midday trading Monday after an influential analyst cut the company’s price target, saying he worried more pain was on the horizon from President Trump’s escalating trade war with Chin.....»»

Category: topSource: bizjournalsMay 20th, 2019

TiVo shares plunge after announcing plan to split into two companies

Shares of San Jose-based TiVo plunged more than 13 percent in heavy trading today, after the company said it lost $26.6 million in its most recent quarter, and would split into two companies, after failing to find a buyer interested in buying the whol.....»»

Category: topSource: bizjournalsMay 10th, 2019

After Hours: She Shares with Jennifer Siebel Newsom

More than 300 people attended an event featuring California First Partner Jennifer Siebel Newsom, which was held March 7 at the Sheraton Grand Sacramento Hotel. The event was part of the Sacramento-based She Shares speaker series, featuring conv.....»»

Category: topSource: bizjournalsMar 18th, 2019

Netflix shares plunge with missed subscriber forecast

Netflix Inc. shares fell more than 14 percent in after-hours trading upon the release of the streaming giant’s second-quarter earnings report. Earnings, margins and revenue were all in line with the Los Gatos-based company’s internal forecast.....»»

Category: topSource: bizjournalsJul 16th, 2018