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U.S. Markets News

PermRock Royalty Trust announces monthly cash distribution

PermRock Royalty Trust (NYSE: PRT) on Tuesday declared a monthly cash distribution. This distribution is to holders of its trust…

Apple stock jumps on new surprise launch — the iPad Air and the iPad mini

On Monday, Apple Inc (AAPL) stock gained 0.7% with the surprise launch of the new 10.5-inch iPad Air and the…

Boeing, Facebook, Apple stocks and Fed speculation keep Monday market swinging

On Monday, US stocks saw both losses and gains. The impending Fed policy meeting regarding interest hike rates added to…

Smartsheet poised to continue rally ahead of Q4 earnings

Cloud-based solutions provider Smartsheet (SMAR) is scheduled to report fourth-quarter 2019 earnings results on March 19, after the regular trading…

Dermira stock doubles and hits new 52-week high on positive eczema trial results

Dermira Inc. (DERM) announced positive results from Phase 2b study for treating patients with atopic dermatitis, a condition which causes…

NASH drug developer Genfit plans $132-million US IPO, to list on Nasdaq

France-based biopharmaceutical firm Genfit (EPA: GNFT) has launched a global offering of its American Depository Shares and ordinary shares to…

Earnings watch: General Mills, FedEx, Conagra, Nike on queue for release

On the economic front, the Federal Reserve is meeting to decide the interest rates changes on March 20 and the…

Latest FDA approval sends Arcadia Biosciences 23% higher

Shares of Arcadia Biosciences (RKDA) popped 23% during pre-market trading on Friday, after it received approval from the US Food…

Turtle Beach stock slips to red due to amended net income and weak earnings outlook

Stocks of the gaming headset maker Turtle Beach Corporation (NASDAQ GM: HEAR) are down more than 10% in the extended…

Boeing battles crisis after 737 Max planes grounded

The crisis has been mounting for Boeing (BA) as the aerospace giant has faced a ban of Boeing 737 Max…

Tesla promotes Zachary Kirkhorn as finance chief and Vaibhav Taneja as chief accounting officer

Tesla (TSLA) announced through an SEC filing that the company had appointed Zachary Kirkhorn as its Chief Financial Officer to succeed…

MongoDB surpasses Q4 estimates on strong customer growth

MongoDB (MDB) tops Q4 bottom line and top-line estimates aided by the strong customer growth in the quarter. The company reported…

Spotify alleges antitrust behavior by Apple, seeks intervention of EU regulators

The ongoing rivalry between Spotify (SPOT) and Apple (AAPL) took a new turn this week after the Swedish music streaming…

Meritor names Carl Anderson as new Chief Financial Officer

Aftermarket auto parts maker Meritor (MTOR) on Wednesday announced that its Finance group VP Carl Anderson was appointed as the…

Aurora Cannabis appoints activist billionaire investor Nelson Peltz as strategic advisor

Aurora Cannabis (ACB) stock surged more than 10% in the pre-market trading as the company appointed activist investor Nelson Peltz…

BlackBerry sets up new government solutions unit, stock gains

Shares of BlackBerry (BB) jumped over 2.8% on Tuesday after the enterprise software and IoT firm announced that it has…

Q4 Earnings Preview: Watch out for merger-related updates from Cloudera

Cloudera (NYSE: CLDR) is scheduled to report its fourth-quarter results on March 13 after the bell. More than the quarterly…

Atlanta-based EVO Payments to buy Ireland’s Way2Pay

Payment service provider EVO Payments, Inc. (EVOP) is bolstering its European presence as it announced the acquisition of Dublin, Ireland-based…

Nvidia’s 7-bn purchase of Mellanox Technologies to help boost data center biz

Israeli chipmaker Mellanox Technologies (MLNX) saw its shares jump over 8% during pre-market trading on Monday, after technology giant Nvidia…

Earnings watch: DST to nag release an hour forward

Adobe Systems, Broadcom, Oracle, and more earnings are scheduled for the week between March 11 and 15. Check out what…

Q4 Earnings Preview: Watch out for live video revenues from Momo

Social networking platform Momo Inc. (NASDAQ: MOMO) has an impressive start this year with the stock up 38%. The Chinese-based…