Market News
Pfizer pares recent gains after JP Morgan slashes rating
The outlook for Pfizer (PFE) remains mixed as the drug maker gears up for a closely-followed leadership change early next…
GoPro to move camera production out of China due to tariffs
GoPro Inc. (GPRO) is planning to move some of its camera production out of China to avoid new tariffs. Although…
These 2 tech startups may follow Spotify’s method of direct listing over IPO in 2019
When Spotify (SPOT) opted for an untraditional method of direct listing in April, it raised quite a few eyebrows. Shareholders…
DSW Inc Q3 2018 results: Earnings jump on robust comp sales, but misses estimates
DSW Inc. (DSW) is posted upbeat third-quarter sales before the market opened on Tuesday, Dec. 11. Earnings grew ten-fold to…
Ascena Retail Q1 profit dips 10.6% but beats estimates
Ascena Retail Group (ASNA), which owns brands such as Dressbarn, Maurices, and Justice, reported a 10.6% decline in earnings for…
Avid Bioservices Q2 loss narrows despite lower revenues; reaffirms outlook
Avid Bioservices (CDMO) reported a narrower net loss for the second quarter of 2019, helped by a sharp decline in…
Earnings preview: Costs to weigh on Dave & Buster’s Q3 results
Dave & Buster’s Entertainment (PLAY) is scheduled to post earnings results for the third quarter on Tuesday after the bell.…
Roadblock ahead as automakers bank on SUV boom to stay afloat
Sales of passenger cars dropped sharply in the US market last month, while shipments of SUVs and pickup trucks increased.…
US weapon makers top in the world; Defense stocks jump
Weapon sales at the top 100 arms producers in the world rose 2.5% in 2017 to $398.2 billion, according to…
SoftBank raises $23.5 billion in record IPO
SoftBank Group Corp. is looking to raise $23.5 billion from the initial public offering of its Japanese mobile unit, marking…