Market News

Axsome Therapeutics almost doubles on positive outcome from Alzheimer’s disease trial

Clinical stage biopharmaceutical company Axsome Therapeutics (AXSM) announces positive outcome for ADVANCE-1 trial associated with the treatment of Alzheimer’s disease. Shares of…

7 years ago

In a massive deal, Eli Lilly acquires Loxo Oncology

Eli Lilly and Company (LLY) on Monday announced that it would acquire a small biopharmaceutical startup that develops cancer treatment,…

7 years ago

Commercial Metals’ shares tank after Q1 earnings miss estimate

Commercial Metals Company (CMC) missed analysts’ expectations on earnings for the first quarter of 2019 while revenues came in line…

7 years ago

Companies reporting earnings this week: Jan 7 – 11

A slew of major companies are reporting earnings this week. Electrical equipment maker AZZ Inc. (AZZ) will announce third-quarter earnings…

7 years ago

Rite Aid is looking for a prescription to avoid delisting

Shares of drugstore chain Rite Aid Corp. (RAD) which stood at $1 a month ago are struggling to return to…

7 years ago

Intel looks at a better year as rating upgrade fuels recovery

Shares of Intel (INTC) gained Friday after Bank of America Merrill Lynch raised its rating on the stock to buy…

7 years ago

Tesla fast-tracks China program with plans to start delivery in March

After making a noticeable impact on the American passenger vehicle market last year, Tesla (TSLA) seems to be taking forward…

7 years ago

RPM International’s stock plunges 8% after Q2 results miss expectations

RPM International Inc. (RPM) missed market estimates on revenue and earnings for the second quarter of 2019, sending shares plummeting…

7 years ago

Delta stock falls sharply after disappointing revenue outlook

The unimpressive revenue guidance issued by Delta Air Lines (DAL) Thursday and the negative market reaction to the report reflect…

7 years ago

Landec posts wider-than-expected loss in Q2

Landec Corporation (LNDC) slipped to a loss in the second quarter from a profit last year, due to acquisition-related expenses,…

7 years ago