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U.S. Consumer Prices Rise 0.4% in October

Stocks0 Comments 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...

Tyson Shares Jump Despite Earnings and Revenue Miss

Stocks0 Comments Shares of Tyson Foods, Inc. (NYSE: TSN) are up over 6% on Tuesday, even after the meat producer reported fourth quarter earnings and sales that fell short of estimates. Tyson said net sales increased 8.8% to USD 10.88 Billion....

Alibaba Breaks Singles Day Sales Record

Stocks0 Comments 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,...

Gold Slumps Amid Optimistic U.S.-China Trade Matters

Stocks0 Comments 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...

Planet Fitness (NYSE: PLNT) Jumps After Sales Beat Expectations

Stocks0 Comments 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...

Regulators Want Revised Boeing 737 Max Software Documentation

Stocks0 Comments 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...

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Aphria Shares Pop on Q1 Earnings

Economics0 Comments Shares of Aphria Inc. (TSX: APHA) (NYSE: APHA) are up over 22% on Tuesday after the cannabis producer posted a first-quarter profit of CAD 16.4 Million, its...

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Lululemon Workers Claim Abuse in Bangladeshi Factory

Blog0 Comments Lululemon Athletica, Inc. (NASDAQ: LULU) is investigating reports that its female workers at a factory in Bangladesh are being beaten, verbally abused and forced to work overtime. According to a report by The Guardian, workers who...

Aphria Shares Pop on Q1 Earnings

Blog0 Comments Shares of Aphria Inc. (TSX: APHA) (NYSE: APHA) are up over 22% on Tuesday after the cannabis producer posted a first-quarter profit of CAD 16.4 Million, its second straight quarter of profitable growth. The Leamington,...

CannTrust Takes Steps Towards Full Regulatory Compliance

Blog0 Comments CannTrust Holdings Inc. (TSX: TRST) (NYSE: CTST) on Monday announced its continued progress on taking all actions to bring the company back into full compliance and reinstatement of its licenses.  Previously on September 17th of...

Bed Bath and Beyond Names Mark Tritton as President and CEO

Blog0 Comments Shares of Bed Bath and Beyond, Inc. (NASDAQ: BBBY) soared as much as 23% in after-hours trading on Wednesday after the Company announced Mark Tritton will become its new President and CEO, succeeding interim CEO Mary A. Winston....

American Airlines Cuts Boeing 737 Max from Schedule until January

Blog0 Comments Shares of American Airlines Group, Inc. (NASDAQ: AAL) are up just over 3% on Wednesday after the Company pulled the Boeing 737 Max from its flying schedule until mid-January, the longest delay of any U.S. airline. American said the...

Southwest Airlines Pilots Sue Boeing Over 737 Max Grounding

Blog0 Comments Southwest Airlines Co. (NYSE: LUV) pilots filed a lawsuit against The Boeing Company (NYSE: BA) on Monday, alleging that the planemaker “deliberately misled” the airline’s labor union about the 737 Max jet. The lawsuit, filed in...