SoftBank raises $23.5 billion in record IPO
SoftBank Group Corp. is looking to raise $23.5 billion from the initial public offering of its Japanese mobile unit, marking…
Verizon’s 10,400 employees leave the company as part of voluntary separation program
Telecom giant Verizon Communications (VZ) announced that about 10,400 employees had accepted to leave the company as part of its voluntary…
Earnings preview: Integrated circuits demand to drive Photronics Q4 results
Photronics (PLAB) is set to release its earnings for the fourth quarter on Wednesday before the bell. The electronics imaging…
Tivity Health set to redefine fitness market with Nutrisystem acquisition
The fitness industry has witnessed a lot of innovation in recent times as companies strive to cash in on the…
Aurora Cannabis eyes 130-mn market through Mexican firm acquisition
Shares of Aurora Cannabis (ACB) jumped 2% on Monday at the Toronto Stock Exchange after the Canadian pot company announced…
Costco Q1 Earnings Preview: Comp sales growth lifts expectations
Costco Wholesale Corporation (COST) is expected to post its first-quarter results on Thursday, December 13, after the market closes. Analysts…
Marinus Pharmaceuticals (MRNS) surges on positive data from Ganaxolone trial
Shares of Marinus Pharmaceuticals (MRNS) jumped after the pharma company reported positive data from the Phase 2 ganaxolone clinical trial in…
Gilead names Daniel O’Day as Chairman and CEO
Gilead Sciences Inc. (GILD) has named Daniel O’Day as its new Chairman and Chief Executive Officer, effective March 1, 2019.…
Earnings preview: Adobe has a lot of upside in 2019
Adobe (ADBE) stock touched an all-time peak of $275.49 on October 1. Since then, the stock is down 13%, primarily…
Earnings Preview: Q2 results may set the tone for Avid Bioservices’ recovery
Avid Bioservices (CDMO), a contract manufacturer in the biotechnology industry, is scheduled to release its second-quarter financial results Monday after…