Market News
BMW’s profit warning sends shockwaves through the US auto industry
US auto stocks slipped into the red zone on Wednesday after Germany-based rival BMW said that it expects its profits…
Streaming race heats up: Contenders to loot Netflix space
Netflix (NFLX) has been facing stiff competition from streaming platforms like Amazon (AMZN) Prime Video, AT&T (T) Time Warner, and…
Aurinia’s loss widened to $14.6 million in Q4 2018
Aurinia Pharmaceuticals (NASDAQ: AUPH/TSX: AUP) reported its fourth quarter and full-year 2018 results after the bell today. The company reported…
The Cannabis-beverage industry is something you don’t want to miss this year
The marijuana industry’s growth over the past couple of years has been surprising, even from a corporate level. The acceptance…
Deal: NF Energy Saving Corp plans to acquire Boqi Zhengji Pharmacy Chain
NF Energy Saving Corp (Nasdaq: BIMI) on Tuesday announced that it plans to buy China-based Boqi Zhengji Pharmacy Chain Co.…
Michaels Q4 profit drops 11% but beats estimates
The Michaels Companies Inc. (MIK) reported an 11% drop in earnings for the fourth quarter due to the restructuring charges…
PermRock Royalty Trust announces monthly cash distribution
PermRock Royalty Trust (NYSE: PRT) on Tuesday declared a monthly cash distribution. This distribution is to holders of its trust…
Catalyst Pharma loss widens in Q4 due to Firdapse launch
Catalyst Pharmaceuticals (Nasdaq: CPRX) reported a loss of $0.14 per share compared to $0.12 loss expected by the street. The…
Amyris stock loses the momentum after reporting a loss for Q4, finalizes cannabinoid deal
Amyris (AMRS) reported that it has signed a final definitive agreement for cannabinoid development, licensing and commercialization containing $300 million…
Apple stock jumps on new surprise launch — the iPad Air and the iPad mini
On Monday, Apple Inc (AAPL) stock gained 0.7% with the surprise launch of the new 10.5-inch iPad Air and the…