Month: January 2019
Weight Watchers stock plunges to yearly low
Weight Watchers International Inc. (WTW) stock plunged to a yearly low of $31.58 on Friday as a weak start to…
Chinese giant Zijin Mining buys rest of Nevsun Resources
Chinese exploration giant Zijin Mining (Shanghai:601899) (Hong Kong:2899) on Friday announced that it would buy all issued and outstanding shares…
Slack likely to make stock market debut this year through direct listing
After building a strong user base, direct messaging app Slack Technologies has been planning to go public for some time…
A quick look at analyst recommendations on Netflix (NFLX) stock
Netflix (NFLX) on Friday received a major fillip after two analysts upgraded the stock with positive commentary. Shares jumped almost…
Accenture chief executive Pierre Nanterme resigns on health grounds
Accenture’s (ACN) Chairman and Chief Executive Officer Pierre Nanterme resigned with immediate effect on health grounds. The company appointed CFO David…
Ironman Triathlon organizer Wanda eyes $500 million US IPO
Dalian Wanda Group, a Chinese multinational conglomerate with businesses ranging from property development to cinemas, has confidentially filed for the…
Archer Daniels Midland buys Florida Chemical from Flotek Industries
Flotek Industries, Inc. (FTK) on Friday announced its plan to sell its unit Florida Chemical Company to Archer Daniels Midland…
Infosys Q3 revenue beats estimates; earnings miss
Infosys (INFY) reported better-than-expected revenues for the third quarter of 2019 while earnings came in shy of estimates. The stock…
Retail stocks hit hard by dismal holiday sales
As investors continued to punish retail companies after the lackluster holiday season, most of the leading store operators witnessed stock…
Synnex stock rises on upbeat Q4 results, guidance
Synnex Corp. (SNX) reported a 24.3% jump in earnings for the fourth quarter helped by strong demand in Technology Solutions…