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Month: June 2019

IPOs in 2019: Where do they stand now?

Slack Technologies Inc. (NYSE: WORK) went public on Thursday at a reference price of $26. The stock opened at $38.50,…

Earnings preview: Cost pressure to dampen General Mills’ Q4 prospects

Food company General Mills, Inc (NYSE: GIS), the maker popular brands like Cheerios and Natural Valley, is scheduled to publish…

Ocular Therapeutix gains after FDA approves eye drug for additional indication

Ocular Therapeutix (Nasdaq: OCUL) staged a dramatic recovery Friday after receiving the FDA’s green signal for its ophthalmic drug DEXTENZA…

Chevron Phillips Chemical is looking to acquire Nova Chemicals

Chevron Phillips Chemical Company, a joint venture between Chevron Corp. (NYSE: CVX) and Phillips 66 (NYSE: PSX) is reportedly looking…

Micron Q3 earnings preview: All eyes on demand recovery

In March, Micron (NASDAQ: MU) had reported disappointing quarterly results, where revenues fell 20% and earnings plunged 40%. The declines…

CarMax Q1 profit rises 12%, beats estimates

CarMax Inc. (NYSE: KMX) reported a 12% jump in earnings for the first quarter of 2020 driven by strong conversion,…

PetMed Express stock falls to a 4-year low on competition worries

PetMed Express Inc. (NASDAQ: PETS) stock dropped to a 4-year low of $15.85 on Thursday as pressure has been mounting…

Red Hat Q1 earnings rise 39% on strong revenue growth, beat Street view

Open source software company Red Hat (NYSE: RHT), which is on the way to becoming a part of International Business…

One in four smartwatches in 2023 will be produced by Apple: Report

Apple will establish leadership in the smartwatch segment in the next 4 years, a recent study reveals. The IDC Worldwide…

Can Walgreens and CVS Health resist the online invasion of pharmacy sector?

A research report that came out recently predicted that the online pharmacy market is set to grow to $85 billion…