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Market News

Lawmakers intervene in Facebook cryptocurrency debut

In a move to enter the lucrative financial services business, Facebook’s (NASDAQ: FB) plan of a cryptocurrency called Libra has…

Canopy Growth stock suffers after co-CEO Bruce Linton quits abruptly

Shares of Canopy Growth Corp. (NYSE: CGC) opened Wednesday’s session sharply lower amid reports of co-CEO Bruce Linton stepping down…

International Speedway stock falls after Q2 results miss estimates

Racetrack operator International Speedway (Nasdaq: ISCA) reported weaker than expected earnings and revenues for the second quarter. The company also…

Symantec shares soar on Broadcom acquisition reports

Broadcom Inc. (NASDAQ: AVGO) is looking to acquire cybersecurity company Symantec Corp. (NASDAQ: SYMC), according to a report by Bloomberg.…

Waymo robo-taxi moves closer to commercial debut in California

Putting an end to the long-drawn wait, California regulators Tuesday granted operational approval for self-driving taxi Waymo, an early-stage company…

Will Boeing 737 Max take off again this year?

Boeing (NYSE: BA) is now expected to return from the 737 Max debacle by October 2019 if the aircraft is…

Acuity Brands Q3 profit jumps 21% beats estimates

Acuity Brands Inc. (NYSE: AYI) reported a 21% jump in earnings for the third quarter of 2019 helped by higher…

Dish Network appoints Paul Orban as chief financial officer

Satellite television provider Dish Network (Nasdaq: DISH), which is currently on an expansion spree, Tuesday announced a key change to…

Amarin updates 2019 revenue guidance on strong Vascepa sales, stock soars

Amarin (NASDAQ: AMRN) said sales of its flagship drug Vascepa were far better in the first half of 2019 than…

Simply Good Foods’ Q3 results beat estimates

The Simply Good Foods Company (NASDAQ: SMPL) topped analysts’ forecasts on revenue and earnings for the third quarter of 2019.…