Market News
Ciena stock rises on upbeat Q4 results
Ciena Corporation (CIEN) reported a 95% plunge in earnings for the fourth quarter due to a decline in income tax…
KT Corp launches 5G service in South Korea with an AI robot!
With 5G commercial network expected to churn 1.5% of South Korea’s GDP by 2025, various carriers in the Eastern country…
Fred’s stock plunges 10% after Q3 results miss estimates
Fred’s Inc.’s (FRED) shares plummeted over 10% in premarket hours on Thursday after the company missed market estimates on both…
Tailored Brands stock dips on weak Q3 revenue, guidance
Specialty apparel retailer Tailored Brands (TLRD) reported a 62% dip in earnings for the third quarter due to goodwill impairment…
Hain Celestial stock dips to new yearly low after SEC settlement
Hain Celestial Group (HAIN) stock plunged to the new yearly low of $18.37 on Wednesday after the organic and natural…
Under Armour falls after weak outlook dampens investor sentiment
The writing on the wall was clear when sports apparel maker Under Armour (UA) predicted a few months ago that…
What to expect from General Electric going into 2019
Things have been going from bad to worse for General Electric (GE) in the past few years and this year…
Miami’s iAero Group buys airline charter business Swift Air
iAero Group announced that it would buy the largest, independent airline charter business in the US, Swift Air, for an…
Eli Lilly to collaborate with AC Immune for the treatment of Alzheimer’s disease
Eli Lilly (NYSE: LLY) partners with Switzerland-based AC Immune (Nasdaq: ACIU) to research and develop the potential treatment for Alzheimer’s…
Volvo to introduce all-electric trucks in California next year
Swedish autogiant Volvo announced Wednesday that it will introduce all-electric Volvo VNR regional-haul trucks in California next year, operating in…