Market News
Nike stock falls after Duke basketball star’s sneaker splits
Nike Inc. (NKE) stock opened lower on Thursday and is trading in the red territory as a sneaker split injured…
Immune Design stock more than triples as it gets acquired by Merck
Merck (MRK) announced today that it will acquire immunotherapy developer Immune Design (IMDZ) for $5.85 per share in cash for an…
Toro Q1 profit soars 163%, beats estimates
Landscaping, maintenance and irrigation equipment maker The Toro Co. (TTC) reported a 163% jump in earnings for the first quarter…
NetEase stock rises after reporting Q4 earnings
NetEase (NTES) reported Q4 profit of $2.66 per ADS on an adjusted basis. Revenue increased 36% year-over-year to $2.89 billion.…
Synopsys posts upbeat Q1 results, guidance
Synopsys Inc. (SNPS) swung to a profit in the first quarter from a loss last year, helped by a benefit…
Tilray resumes deal spree, signs fifth in 2 months
Tilray Inc. (TLRY) has taken the fusion spree seriously as a new deal has been signed to buy hemp food…
Devon Energy’s stock rallies over 8% on asset sales and cost reduction plans
Devon Energy Corp.’s (DVN) stock jumped 8.8% during mid-day trade on Wednesday after the company laid out its transformation plans,…
Kandi Technologies adds to America’s EV lineup, shares jump 40%
Making a late entry into the highly competitive US electric vehicle market is Chinese firm Kandi Technologies (KNDI). The Zhejiang-based…
Aurora Cannabis shuffles its board of directors
Aurora Cannabis (ACB) on Wednesday announced the shuffle to its board of directors for aligning the directors’ experience and expertise…
LendingClub Q4 loss narrows but misses estimates
Online lender LendingClub Corporation (LC) reported a narrower loss in the fourth quarter helped by a decline in expenses related…