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Month: September 2019

WeWork IPO delay: Causes and impact

WeWork, which got rebranded as The We Company in 2019, has postponed its much-anticipated initial public offering with the completion…

Alexion Pharmaceuticals could still be a valuable addition to your portfolio

Biopharmaceutical firm Alexion Pharmaceuticals (NASDAQ: ALXN) has been going through a volatile phase lately. The company was expected to be…

American Airlines stock faces turbulence from Saudi oil crisis

The airline industry has suffered a double whammy this year, in the form of the Boeing fleet grounding and the…

Cracker Barrel ends fiscal 2019 with strong growth

Restaurant chain Cracker Barrel Old Country Store, Inc. (NASDAQ: CBRL) on Tuesday reported a 2.9% decline in fourth-quarter sales to…

7 headwinds that could hamper Nio growth

China-based electric carmaker Nio Inc. (NYSE: NIO) stock has fallen over 68% in the past year due to softness in…

Lundbeck to acquire Alder BioPharmaceuticals for $1.95 billion; Alder stock hits new 52-week high

Denmark-based biopharma company Lundbeck announced today that it will acquire Alder BioPharmaceuticals (NASDAQ: ALDR) for $1.95 billion. Alder stock, which…

iPhone’s market share in China falls below 20%

For the past three months, iPhone sales have steadily fallen in China, and Apple (NASDAQ: AAPL) currently accounts for only…

Is Francesca’s Holdings heading towards bankruptcy?

Francesca’s Holdings Corporation (NASDAQ: FRAN) stock has soared over 360% in the past month and over 82% in the year…

SemGroup’s stock jumps on deal with Energy Transfer

SemGroup Corporation’s (NYSE: SEMG) shares were up 62% in midday trade on Monday after the company announced that it will…

Darden earnings preview: Olive Garden to drive growth in Q1

Darden Restaurants Inc. (NYSE: DRI) is scheduled to report first quarter 2020 earnings results on Thursday, September 19, before the…