Business News
Aurora Cannabis on a high after securing production approval in Germany
Aurora Cannabis Inc. (NYSE: ACB) got a shot in the arm this week after the German authorities granted it approval…
Amazon to launch hundreds of satellites to offer internet from space
While the fate of Google parent Alphabet’s (Nasdaq: GOOG) ambitious broadband balloon project is still hanging in the balance, Amazon…
Earnings: Duluth Holdings stock plunges after Q4 results miss estimates
Duluth Holdings (DLTH), a leading provider of clothing and apparels, Thursday reported higher sales and earnings for the fourth quarter.…
Earnings: Resources Connection stock tanks after Q3 results miss estimates
Business consulting firm Resources Connection (RECN) Wednesday reported higher profit and revenues for the third quarter. However, the results missed…
AMD stock climbs after analyst’s bullish remarks on profitability
Advanced Micro Devices (AMD) surged around 10% early Wednesday after Nomura Instinet issued a bullish statement on the semiconductor giant’s…
Earnings preview: Softening fuel cost, high demand to lift Delta Air Lines in Q1
Shares of Delta Air Lines (DAL) gained sharply this week after the aviation firm raised the first-quarter earnings guidance and…
Dave & Buster’s Entertainment stock rallies after Q4 earnings beat
Dave & Buster’s Entertainment (PLAY), an operator of entertainment and dining venues, reported stronger than expected revenues and earnings for…
General Motors (GM) stock dips after US deliveries drop 7% in Q1
The ongoing slump in the demand for passenger vehicles weighed on the performance of General Motors (GM) in the first…
Bitcoin rally brings new vigor to cryptocurrency market
Proving the skeptics in the investment world wrong, crypto giant Bitcoin bounced back from the recent lows and crossed the…
Apple slashes iPhone prices in China to tackle faltering sales
Days after announcing a premium video streaming service, apparently in reaction to the impact of the continuing slowdown in sales…
Earnings preview: High costs to take fizz out of Constellation Brands’ Q4 results
Constellation Brands (STZ), the brewer of popular beer brand Corona, is slated to publish its fourth-quarter results on April 4…
Micron stock spikes even as semiconductor recovery gathers steam
The steady improvement in the performance of Micron (MU) shares since the beginning of the year, after staying in the…
Celgene stock jumps after advisory firm backs merger with Bristol-Myers Squibb
The planned acquisition of Celgene (CELG) by rival drugmaker Bristol-Myers Squibb (BMY) got a new lease of life this week…
New Age Beverages stock gains after Q4 revenues top Street view
Shares of New Age Beverages Corp. (NBEV) gained about 8% early Friday after the company reported a double-digit increase in…
Qiwi Q4 results top Street view on solid payments growth; stock gains
Reflecting the rapid adoption of digital payment services, Qiwi plc (NASDAQ: QIWI) (MOEX: QIWI) reported strong earnings and revenue growth…
Lululemon stock rallies on Q4 earnings beat; strong guidance
Athletic apparel retailer Lululemon Athletica (LULU) on Wednesday reported higher earnings and revenues for the fourth quarter, which also topped…
Ford exits Russian car market as pressure mounts on profitability
After much deliberation, the Russian joint-venture partner of Ford Motor Company (F) has decided to close its passenger car division…
Earnings preview: Walgreens to benefit from solid prescription volumes in Q2
When Walgreens Boots Alliance (WBA) reports its second-quarter results on April 2 before the opening bell, the market will be…