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PayPal to Acquire Honey Science Corporation
PayPal Holdings, Inc. (NASDAQ: PYPL) announced that it has completed the acquisition of Honey Science Corporation, the online shopping tool, for roughly $4 billion in cash. PayPal intends to expand its appeal with this transaction, while...
SmileDirectClub, Inc. Announced Products Available Exclusively at Walmart
SmileDirectClub, Inc. (NASDAQ: SDC) today announced that a suite of affordable yet premium oral care products will be available exclusively at Walmart Inc. (NYSE: WMT) stores on Walmart.com. SmileDirectClub is the first provider of clear aligner...
Gold Prices Advance on China’s Counter-Tariffs
Gold prices advanced on Friday following China’s USD 75 Billion counter-tariff in retaliation to the U.S. import tariff on September 1 and December 15. In addition, China also said it would increase import duties on U.S.-made...
Tesla Considering Lowering Prices of China-Built Model 3
Tesla, Inc. (NASDAQ: TSLA) is possibly considering cutting the price of its China-built Model 3 sedans by 20% or more next year, according to Bloomberg, citing sources familiar...
Boeing Shares Slide After Temporarily Suspending 737 Production
Boeing (NYSE: BA) announced on Monday that it has decided to temporarily suspend the production of the 737 MAX aircraft until January. Boeing shares slipped by 4.3% at the...
U.S. Markets Reach All-Time High on Optimism Around U.S.-China Deal
U.S. markets continued its bullish run leading into Monday, lifted by upbeat optimism revolving around a possible U.S.-China trade deal. The Dow Jones was lifted by 126.94...
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...
IBM Reports 2019 Fourth-Quarter and Full-Year Financial Results
Today IBM (NYSE:IBM) announced its fourth-quarter and full-year 2019 financial results. International Business Machines reported surprise growth in quarterly revenues and...
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The coronavirus COVID-19 is spreading to more and more countries, but until today there are no effective vaccines available on the market.
PayPal to Acquire Honey Science Corporation
PayPal Holdings, Inc. (NASDAQ: PYPL) announced that it has completed the acquisition of Honey Science Corporation, the online shopping tool, for roughly $4 billion in cash. PayPal intends to...
SmileDirectClub, Inc. Announced Products Available Exclusively at Walmart
SmileDirectClub, Inc. (NASDAQ: SDC) today announced that a suite of affordable yet premium oral care products will be available exclusively at Walmart Inc. (NYSE: WMT) stores on Walmart.com....
Samsung Announces Galaxy 5G Smartphones Sales
Samsung Electronics provided statistics Friday regarding the sale numbers of the Company’s 5G smartphone devices. According to the giant electronics manufacturer it has sold more than 6.7 million...
Staff Picks
Alibaba Breaks Singles Day Sales Record
Shares of Chinese e-commerce giant Alibaba Group Holding Limited (NYSE: BABA) opened about 5% lower on Monday, even after the company delivered record sales on Singles Day, the world’s largest 24-hour shopping event. Last year, Alibaba’s Singles...
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 as much as 3.8%, the...
Planet Fitness (NYSE: PLNT) Jumps After Sales Beat Expectations
Planet Fitness, Inc. (NYSE: PLNT) stock jumped about 10% after the franchisee and operator of fitness centers reported financial results for its third quarter ended September 30, 2019. Third Quarter Fiscal 2019 Highlights Total revenue...
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 Max software update, the planemaker confirmed Wednesday, a development that further complicates its efforts to return the jet to service....
Coty Outpaces First Quarter Earnings Estimates
Global beauty brand Coty Inc. (NYSE: COTY) came out with first quarter earnings that exceeded Wall Street’s expectations on Wednesday, sending its share price up more than 13%. The parent of cosmetics companies like Rimmel and CoverGirl said it...
Marriott Shares Rise on Mixed Quarterly Results
Shares of Marriott International Inc. (NASDAQ: MAR) are up about 2% on Tuesday after the company reported third quarter revenue that topped expectations, but earnings that fell short. The world’s largest hotel operator said revenue rose 4.6% to...