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Month: November 2020

Altria might need to think beyond smokeless tobacco to remain resilient

With the pandemic defying predictions and affecting more people, there is a natural tendency to keep away from tobacco consumption.…

GW Pharmaceuticals stock jumps 20% on Epidiolex strength

GW Pharmaceuticals (NASDAQ: GWPH) reported third-quarter 2020 financial results before the regular trading hours on Tuesday. The company, which specializes…

Mondelez (MDLZ) to place more emphasis on ecommerce business going forward

Packaged foods companies in general have benefited during the COVID-19 pandemic as people staying at home spent more on snacks…

AbbVie (ABBV) to focus more on pipeline as recovery gathers pace

AbbVie, Inc. (NYSE: ABBV) has been recovering steadily from the virus-related slowdown and latest statistics show that the company’s performance…

Infographic: Sysco (SYY) stock gains after Q1 numbers beat view

Sysco Corporation (NYSE: SYY), a leading distributor of food products, said its first-quarter sales and earnings decreased from last year.…

Key highlights from Ferrari (RACE) Q3 2020 earnings results

Ferrari NV (NYSE: RACE) reported third quarter 2020 earnings results today. Net revenues fell 3% year-over-year to EUR888 million. Net…

Skyworks Solutions Inc. (SWKS) Q4 2020 Earnings Call

Skyworks Solutions Inc. (NASDAQ: SWKS) Q4 2020 earnings call dated Nov. 02, 2020 Corporate Participants: Mitch Haws — Investor Relations Liam Griffin — President…

Infographic: Highlights of PayPal’s (PYPL) Q3 2020 earnings

PayPal Holdings Inc. (NASDAQ: PYPL) reported stronger-than-expected earnings and revenues for the third quarter of 2020. But shares of the…

Facebook (FB): The ad boycott hasn’t left any scratches on the social media giant

This year has not been easy for anyone in advertising. The COVID-19 pandemic forced several companies into lowering their marketing…

Exxon Mobil (XOM) will have a tough time regaining lost momentum

The energy industry has been going through a volatile phase after the virus outbreak sent the market into a tailspin,…