Market News
Biogen buys Nightstar, eyeing a bigger pie in ophthalmic gene therapy
Continuing the efforts to diversify into new areas of drug development, Biogen (BIIB) this week clinched an important deal that…
Arcadia’s stock gains 28% on industrial hemp program license
Arcadia Biosciences Inc.’s (RKDA) shares were up 28% in premarket hours on Monday after the company received an industrial hemp…
Earnings preview: Demand to drive United Natural Foods Q2 results
Food distributor United Natural Foods (NASDAQ: UNFI) is scheduled to release its earnings for the second quarter of 2019 on…
Under investor pressure, eBay commits to review of non-core businesses
Responding to the demand by activist investors to bring discipline to its operations, eBay (EBAY) has announced fresh initiatives under…
Major earnings to watch next week
A slew of major companies are reporting earnings for the week from March 4 till March 8. Cloud enterprise software…
RAM vehicles struggle to save falling Fiat Chrysler US sales in February
International automaker Fiat Chrysler is looking at another difficult time in the United States of America after all brands except…
Tesla’s stock hurt by Model 3 pricing and store closure revelations
Tesla Inc.’s (TSLA) shares were down over 5% in morning hours on Friday, a day after the company announced its…
Portola Pharmaceuticals rises on strong Q4 earnings
Shares of Portola Pharmaceuticals (PTLA) gained 5.6% during pre-market trading on Friday, after the company posted a loss of $1.04…
GAP Inc splits Old Navy into separate public company, posts Q4 results
Clothing chain GAP Inc (GPS) announced its plans to create two independent publicly traded companies — family apparel entity “Old…
3D Systems stock gains as Q4 earnings beat amid strong printer sales
Shares of 3D Systems Corp. (DDD) moved up Thursday after the company reported higher earnings and revenues for the fourth…