Market News
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…
Google extends cloud push with acquisition of data migration startup
For tech giant Google (GOOG, GOOGL), the primary hurdle in its efforts to expand the cloud business has been the…
Intercept stock surges on positive data from liver fibrosis drug study
Intercept Pharmaceuticals (ICPT) had surged about 25% in the pre-market session on Tuesday after the biopharma company announced positive topline…
Downgrade of General Dynamics reflects weakness in defense sector
The performance of two key segments of General Dynamics (GD) – combat systems and mission systems – was essentially flat…
Earnings preview: Refranchise to hurt Jack in the Box Q1 revenue
Jack in the Box (JACK) is set to report its first quarter 2019 operating results on Wednesday after market close.…