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Moderna raises over $600-million through IPO, falls below IPO price
Biotech company Moderna raised above $600 million on Thursday by selling about 26 million of its common stock...
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Blue Bird Q4 earnings miss amid high input costs; revenues beat
Blue Bird Corporation (BLBD), which designs and manufactures school buses, reported an increase in earnings for the fourth...
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Deal Alert: Altria Group buys mammoth stake in Canadian cannabis giant Cronos Group
Phillip Morris-parent Altria Group, Inc. (MO) today announced a deal to invest CAD 2.4 billion (about $1.8 billion)...
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Magellan Health (Nasdaq: MGLN) announces fiscal 2019 earnings outlook
Fortune-500 company Magellan Health, Inc. (NASDAQ: MGLN) today announced its fiscal 2019 outlook. The healthcare giant now sees...
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Vail Resorts posts wider loss in Q1
Vail Resorts Inc. (MTN) reported a wider loss in the first quarter due to the effect of acquisition...
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Big Lots’ shares tank 13% over bigger-than-expected Q3 loss and guidance cut
Big Lots Inc.’s (BIG) shares crashed over 13% during premarket hours on Friday after the company reported a...
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California professor uses AI to detect fake news
A professor at the University of California has developed an algorithm to detect fake news with 75% accuracy....
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United Natural Foods’ stock dwindles on Q1 earnings miss
United Natural Foods (Nasdaq: UNFI) was down 4% in the after-market session after its Q1 earnings fail to...
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Fresh hope for Sears after chairman Eddie Lampert makes buyout offer
It surprised many when Eddie Lampert, chairman of embattled retailer Sears (SHLD), Thursday came up with a fresh...
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Toro posts weak Q4 earnings, guidance
Landscaping, maintenance and irrigation equipment maker The Toro Co. (TTC) reported a 15% increase in earnings for the...
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G-III Apparel’s stock plunges 13% despite Q3 earnings beat
G-III Apparel Group Ltd. (GIII) reported better-than-expected earnings for the third quarter of 2019 but revenues came in...
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Days after truce, Huawei CFO’s arrest likely to break US-China ties
Amidst the rising trade tensions between the US and China, the 90-day temporary resolution reached at the Argentina...