News
Shares of Amarin Down 68% After Losing a Patent Lawsuit for Vascepa
Shares of Amarin (NASDAQ: AMRN) were down 68% at 7:27 p.m. EDT in after hours trading, after a judge in the U.S. District Court of Nevada ruled for generic-drug makers Hikma Pharmaceuticals (OTC:
Cronos Group Stock Rises Cautiously on Q4 EPS Beat, Revenue Miss
In a rare occurrence for the marijuana industry, a notable stock in the sector has reported a net profit. This happened Monday with Cronos Group (NASDAQ: CRON), which published its Q4 of fiscal 2019
Kohl's Calls a Halt to Stock Buybacks, Could Cut Dividend
Between frightened shoppers and government bans on non-essential shopping, coronavirus has done a real number on the stocks of retailers specializing in discretionary consumer purchases these past
Redfin Shares Slump as It Sells $110 Million in Stock
Redfin (NASDAQ: RDFN) will collect $110 million from the sale of its stock, but investors aren't exactly welcoming the cash infusion.
The online real estate brokerage announced Monday that it has
Ex-Boeing Exec to Lead Amazon Drone Delivery Biz
For years, Amazon (NASDAQ: AMZN) has been mulling the best way to deliver its packages by drone. Now, the company is bringing in an outside executive from Boeing to make it happen.
As CNET reports
RH Locations Are Closed Until Further Notice
Luxury home-furnishings retailer RH (NYSE: RH) released 2019 financial results on Monday, and it was a record year. However, higher on investors' radars is the fact that the company is keeping its
4 Smart Ways to Spend Your Stimulus Check
A $2.2 trillion coronavirus stimulus/relief package was signed into law by President Trump last Friday, which, among other benefits, puts money in the pockets of most Americans.
e.l.f. Beauty, Relatively Unscathed by COVID-19, Says Its 2020 Guidance Is Still Valid
Shrugging off the worst effects of the coronavirus pandemic, e.l.f. Beauty (NYSE: ELF) said today it's standing by its fiscal 2020 guidance, issued on Feb. 5. The cosmetics, beauty, and personal
Why Wendy's Stock Was Gaining Today
Shares of Wendy's (NASDAQ: WEN) were gaining today as the fast-food chain seemed to benefit from an analyst note and rose along with the broader market.
The stock finished up 6.4% as a number of
Restaurant Brands Issues Cash Advances and Rent Deferrals to Struggling Franchisees
Restaurant Brands International (NYSE: QSR), the company behind the Burger King, Tim Hortons, and Popeyes fast-food chains, is accelerating efforts to protect the business as COVID-19 containment
Under Armour to Make 500,000 Masks, Other Equipment for Healthcare Workers
Under Armour (NYSE: UA) has joined an everwidening collective effort by big companies to assist with the SARS-CoV-2 coronavirus pandemic. The athletic apparel company said in a statement
Report: Department of Justice Approves Morgan Stanley Acquisition of E*Trade Financial
The acquisition of online brokerage E*Trade Financial (NASDAQ: ETFC) by white-shoe investment bank Morgan Stanley (NYSE: MS) has won approval from its most critical regulator. According to a report
Moderna to Pause Enrollment in Some Clinical Trials as a Result of the COVID-19 Pandemic
Moderna (NASDAQ: MRNA) recently announced that it would join the growing list of drugmakers adjusting their clinical trial activities in light of the COVID-19 pandemic. The biotech company -- which
European Banks Asked to Freeze Dividends Until October
The European Central Bank (ECB) has asked banks in the region not pay out dividends to shareholders until at least October 2020.
The recommendation was issued by the ECB last Friday to "boost
HEXO Shares Slump 27% on Second-Quarter Results
HEXO's (NYSE: HEXO) week is not starting off well. On Monday, the cannabis products maker released its results for the second quarter of its fiscal 2020, and the market responded by selling off its
Why Kohl's Stock Was Falling Again Today
Despite gains in the broad market today, Kohl's (NYSE: KSS) shares were sliding as the company's prospects continued to dim in the face of the coronavirus outbreak.
This afternoon, the department
Why Dave & Buster's Entertainment Stock Plunged 16.3% on Monday
Shares of entertainment and restaurant company Dave & Buster's Entertainment (NASDAQ: PLAY) plunged as much as 17.7% in trading Monday as investors fled the industry. Shares closed down 16.3%
Why Shares of JetBlue Airways Fell Today
Shares of JetBlue Airways (NASDAQ: JBLU) fell 9.8% on Monday, after nearly doubling last week. Investors rightly were excited last week that lawmakers in Washington were able to forge a relief
Why Campbell Soup, Hershey, and Coca-Cola Stocks Popped 5% Today
Stocks bounced back Monday, after a pretty miserable Friday that spelled the end to a three-day rally in the markets. Curiously, three of the biggest winners today are all packaged-food companies:
Stock Market Wrap-Up: Tesla Might Not Deliver; Coronavirus Spurs Sysco Layoffs
The stock market gained ground on Monday, spurred by some optimism about the potential impact of the coronavirus stimulus bill that passed last Friday. Various components of the Dow Jones Industrial
Ford Will Make 50,000 GE Ventilators By July 4 to Fight Coronavirus
Ford Motor Company (NYSE: F) said that it will make 50,000 ventilators in the next 100 days, in Michigan, in a collaboration with the healthcare division of General Electric (NYSE: GE).
Ford will
Johnson & Johnson to Invest $1 Billion in COVID-19 Vaccine Development
The world's largest healthcare company didn't get this big by gambling, but it just made a huge bet on an experimental coronavirus vaccine.
On Monday, Johnson & Johnson (NYSE: JNJ) selected a lead
Why Shares of United Airlines Are Falling Today
Shares of United Airlines Holdings (NASDAQ: UAL) fell more than 14% earlier in the day as investors continue to weigh the significant challenges facing the industry. As of 4:20 p.m. EDT, the stock
Why Fox Corporation Stock Jumped on Monday
Shares of media company Fox Corporation (NASDAQ: FOXA) (NASDAQ: FOX) jumped on Monday. The stock had risen 8% by the time the market closed.
The stock's rise was likely primarily driven by a rebound
Why Facebook Stock Just Popped 6%
It's a new week, and despite more depressing coronavirus news over the weekend, stock markets are starting the week in the green.
Shares of Facebook (NASDAQ: FB) are looking particularly neon today