Market News
Cambrex Corp. completes acquisition of Avista Pharma solutions
Life sciences company Cambrex Corp. (CBM) Wednesday completed its previously announced acquisition of Avista Pharma Solutions, a biotech firm engaged…
Netflix poaches Activision CFO Spencer Neumann, stock falls on weak outlook
Shares of Netflix (NFLX) and Activision Blizzard (ATVI) dropped Wednesday amidst reports that the latter terminated its chief financial officer…
Tesla reports Q4 production and deliveries, reduces price in US
Tesla (TSLA) reported production and delivery numbers for the fourth quarter of 2018. The automaker produced 86,555 vehicles and delivered 90,700…
Resolute closes $300-million sale to boost financial flexibility
Resolute Forest Products (RFP) announced that it completed the $300-million sale of the Catawba, South Carolina, paper and pulp mill…
Companies reporting earnings this week: Jan 2 – 4
A slew of major companies are reporting earnings this week. Uniform provider UniFirst Corporation (UNF) will announce first-quarter earnings on…
Dell Technologies (NYSE: DELL) returns back as a public listed company
On Friday, Dell Technologies Class C common stock started trading on a regular basis in NYSE under the symbol DELL…
Wells Fargo to pay $575 million to settle US states claims
Wells Fargo & Co. (WFC) reached an agreement with the attorneys general from all 50 US states and the District…
Sears liquidation looms closer than ever
Sears Holding Corp. (SHLDQ) is facing liquidation as early as tomorrow. The company’s last hope is hinged on a $4.6…
JinkoSolar and Schneider Electric join hands to build 55kW solar plant in Egypt
Chinese solar-module maker JinkoSolar Holding (JKS) recently joined hands with Schneider Electric to donate a 55kW off-grid solar project in…
Aphria rejects Green Growth Brands’ $2.1-bln buyout offer
Aphria Inc. (NYSE: APHA and TSX: APHA) turned down the acquisition proposal by Xanthic Biopharma d.b.a. Green Growth Brands (CSE:…