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Market News

Cracker Barrel stock in red despite Q2 earnings beat

Shares of the Cracker Barrel Old Country Store (Nasdaq: CBRL) were down about 2% after the markets opened primarily due…

Bank of Nova Scotia lifts dividend; Q1 earnings slip amid market volatility

Reflecting the volatile market conditions, Bank of Nova Scotia (BNS) Tuesday reported a decline in its first-quarter earnings which also…

Zynerba Pharmaceuticals stock soars on receiving US patent for its CBD gel to treat Fragile X syndrome

Cannabinoid therapeutics developer Zynerba Pharmaceuticals (ZYNE) received US patent named “Treatment of Fragile X Syndrome with Cannabidiol”. Shares of Zynerba soared…

Mallinckrodt’s stock soars 12% on Q4 results beat

Mallinckrodt plc (MNK) topped market expectations on revenue and earnings for the fourth quarter of 2018, sending the shares soaring…

Immunomedics tanks after CEO Michael Pehl’s exit and ‘transition period’ results

Immunomedics (IMMU) plunged about 10% in the extended trading hours after the company announced about CEO Michael Pehl’s exit from…

Etsy Q4 profit dips 8% but beats estimates

Etsy (ETSY) reported a 7.8% decline in earnings for the fourth quarter due to higher operating expenses. However, the results…

Earnings preview: Q2 doesn’t look too bright for Campbell Soup

Campbell Soup Company (CPB) is scheduled to report earnings results for the second quarter of 2019 on Wednesday, February 27,…

Warren Buffett hints at buying Apple shares when they get cheaper

Weeks after reducing the stake of his company Berkshire Hathaway (BRK) in Apple (AAPL), Warren Buffett said he would have…

Earnings preview: Traffic growth to drive TJX Companies Q4 results

E-Commerce continued to dominate the brick-and-mortar stores. Also, the most recent US Census Bureau data showed that the seasonally adjusted…

GE’s stock soars around 15% on news of Biopharma business sale to Danaher

General Electric’s (GE) stock jumped around 15% in premarket hours on Monday after the company announced the sale of its…