Market News
Celgene stock jumps after advisory firm backs merger with Bristol-Myers Squibb
The planned acquisition of Celgene (CELG) by rival drugmaker Bristol-Myers Squibb (BMY) got a new lease of life this week…
AstraZeneca drops 6% after announcing $6.9 billion cancer drug deal with Daiichi Sankyo
Shares of AstraZeneca Plc (NYSE: AZN) dropped about 6% on NYSE during the pre-market hours and continued to trade in…
Advantage Tesla: GM won’t slash Chevy Bolt’s price to balance tax credit cut
Last year, General Motors (NYSE: GM) became the second company after Tesla (NASDAQ: TSLA) to touch the threshold of electric…
New Age Beverages stock gains after Q4 revenues top Street view
Shares of New Age Beverages Corp. (NBEV) gained about 8% early Friday after the company reported a double-digit increase in…
Lyft starts trading today, stock likely to gain on open
The D-day is finally here. Ride-hailing service Lyft will start trading on Nasdaq under the symbol LYFT shortly after the…
RH stock plunges more than 15%; misses Q4 revenue estimates and lowers FY19 outlook
Restoration Hardware (NYSE: RH) beat Q4 earnings estimates, but missed the revenue targets. The home-furnishings company reported earnings of $3.00…
Biocept narrows loss in Q4
Biocept (BIOC) narrowed its loss in the fourth quarter, beating analyst estimates. However, sales failed to impress the street. Shares…
FuelCell Energy stock plunges to 27-year low
FuelCell Energy Inc. (FCEL) stock plunged to a 27-year low of $0.25 on Thursday. Investors remained concerned about the future…
Qiwi Q4 results top Street view on solid payments growth; stock gains
Reflecting the rapid adoption of digital payment services, Qiwi plc (NASDAQ: QIWI) (MOEX: QIWI) reported strong earnings and revenue growth…
Jefferies Financial Q1 profit dips 64% on higher taxes
Jefferies Financial Group Inc. (JEF) reported a 64% dip in earnings for the first quarter of 2019 due to higher…