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Regulators Want Revised Boeing 737 Max Software Documentation
U.S. and European regulators have asked Boeing Co. (NYSE: BA) to revise documentation on its proposed 737...
T-Mobile Stock Falls on Earnings Beat, Revenue Miss
Shares of T-Mobile US, Inc. (NASDAQ: TMUS) are down about 1% on Tuesday after the company beat...
Ford to Discontinue Flex Crossover, Laying Off 450 Canadian Workers
Ford Motor Company (NYSE: F) is laying off about 450 workers at its Oakville Assembly plant in Ontario,...
Snap Tops Q3 Estimates, Falls on Weaker Guidance
Snap Inc. (NYSE: SNAP) reported its third quarter financial results on Tuesday during aftermarket hours....
What Is the Coronavirus and Its Impact on Markets?
The answer is Industry 4.0, powered by 5G.
Trans World Entertainment Announces Plans to Sell FYE Chain for USD 10 Million
The Trans World Entertainment Corporation (NASDAQ:TWMC) announced today that its board of directors has agreed to sell the For Your Entertainment (FYE) segment for USD 10 million in cash to Sunrise Records and Entertainment Ltd. in Canada. The...
Hong Kong Market Rebounds on Trade Talks After Violent Week
Hong Kong’s Hang Seng index tumbled last week by as much as 1,300 points or 4.7% as the protests continued to escalate and as the U.S.-China trade war continued to pound on global economies. Last week, Asian markets edged...
U.S. Consumer Prices Rise 0.4% in October
Consumer prices rose a seasonally adjusted 0.4% in October, the Labor Department said Wednesday. Households paid more for energy products, healthcare, food and a range of other goods. The Consumer Price Index (CPI), which...
Gold Slumps Amid Optimistic U.S.-China Trade Matters
Gold was on track for the biggest weekly loss in three years as optimism revolving around U.S. and China trade matters sent markets soaring throughout the week. Since Monday leading into Friday’s low, gold prices tumbled by...
Denali Therapeutics Announces Positive Progress Including LRRK2 Program for Parkinson’s Disease
Today Denali Therapeutics Inc. (NASDAQ: DNLI), a biopharmaceutical company developing a broad portfolio of product candidates engineered to cross the blood-brain barrier...
Dunkin’ collaborates with Beyond Meat® Ambassador Snoop Dogg
Dunkin' Donuts (NASDAQ:DNKN) and Beyond Meat® (NASDAQ:BYND) Ambassador and Investor Snoop Dogg are collaborating on a limited-time only menu hack, an online pop-up store and...
Oracle Offers New Data Insight Aid for Retailers
Oracle Corporation (NYSE: ORCL) reported that a new offering from Oracle Retail, Consumer Insights aids retailers in understanding the characteristics of their best customers,...
Twitter Reports Fourth Quarter and Fiscal Year 2019 Results
Today, Twitter, Inc. (NYSE: TWTR) announced its fourth quarter and fiscal year 2019 financial results. Twitter shares surged early Thursday. In the fourth-quarter 2019,...
Macy’s Announces Three-Year Strategy to Stabilize Profitability
Today, Macy’s Inc. (NYSE:M) announced its new three-year strategy to stabilize profitability and lead the fashion retailer to growth. The Polaris strategy follows a time when...
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Owens & Minor Beats Fourth Quarter Earnings Guidance
Today, Owens & Minor, Inc. (NYSE: OMI) announced its financial results for the fourth quarter and year ended December 31, 2019 and outperformed the earnings guidance. The Company declared a net loss of USD 39 million for the fourth quarter...
British Prime Minister considers Huawei’s role in future 5G network
On Monday, the British Prime Minister Boris Johnson announced he will decide whether or not Huawei will play a role in Britain's future 5G network. The decision includes, if the use of equipment...
Is a green industrial revolution possible?
The answer is Industry 4.0, powered by 5G.
Trans World Entertainment Announces Plans to Sell FYE Chain for USD 10 Million
The Trans World Entertainment Corporation (NASDAQ:TWMC) announced today that its board of directors has agreed to sell the For Your Entertainment (FYE) segment for USD 10 million in cash to...
Staff Picks
Delta Forecast Revenue Growth in 2020
Delta Air Lines (NYSE: DAL) held its annual event for the investment community on Thursday and provided an update on its business strategy and 2020 financial targets. The airline highlighted in its event that Delta expects diluted earnings...
U.S. Markets Skyrocket Record Highs After Trump Hints China-Trade Deal
U.S. markets skyrocketed to record highs on Thursday after President Donald Trump tweeted that the U.S. is “getting very close to a big deal with China,” hinting that tariffs that are set to go into effect on Sunday may be avoided. The Dow Jones...
Feds Leave Rates Steady and Hint Pause in 2020
The Federal Reserve held interest rates steady at its December meeting on Wednesday, halting a series of rate cuts that lifted markets and countered recession fears amid the ongoing trade tensions between the U.S. and China, according to CNN....
U.S. Markets Bounce Around as Trade Talks Weigh In
U.S. markets bounced around on Tuesday morning as investors and analysts continued to digest trade talks between the U.S. and China. The Dow Jones Industrial Average initially fell by as much as 100 points at the opening bell. However, late...
Sanofi Acquires Synthrox for USD 2.5 Billion
Sanofi (NASDAQ: SNY) announced on Monday that it has acquired Synthorx (NASDAQ: THOR) for USD 2.5 Billion to boost its immuno-oncology pipeline. Synthorx shares surged by 169% at the open on Monday. Synthorx is a biotechnology company aimed at...
U.S. Markets Roar on Better-Than-Expected November Job Reports
U.S. markets roared on Friday after a better-than-expected employment report for November. The Labor Department reported that the economy created 266,000 jobs, lowering unemployment rates to 3.5%, a 50-year low. The Dow Jones Industrial Average...