Check out the companies making headlines in midday trading. EchoStar — EchoStar announced a corporate reorganization one week after closing its merger with Dish Network, including retaining Houlihan Lokey as financial advisor to help evaluate "potential strategic alternatives" that The Hollywood Reporter said signaled a possible future deal for...
Check out the companies making headlines in after-hours trading. Unity Software — Unity Software shares jumped more than 3% after the maker of game engines used in the Angry Birds and Pokémon Go video games said it's cutting 25% of its workforce, or about 1,800 workers. Urban Outfitters —...
Check out the companies making headlines in midday trading. Moderna — The drugmaker jumped 16% following an upgrade to outperform by Oppenheimer. The firm said Moderna's multiple product launches in the next 12 to 18 months should help top-line sales start to grow in 2025. Moderna fell more than...
Michael Milken attends Prostate Cancer Foundation's Dinner At Daniel on November 19, 2019 at Daniel in New York City.Paul Bruinooge | Patrick McMullan | Getty ImagesFamed investor Michael Milken expects the Federal Reserve will move slowly on monetary policy — if history is any guide.In fact, the Milken Institute...
Check out the companies making headlines in midday trading. Macy's — Shares jumped 21% after Macy's, according to sources received a buyout offer for $5.8 billion from two investment firms. Other department store chains also rose on the report, with shares of Nordstrom and Kohl's each gaining more than...
Check out the companies making headlines before the bell: Coinbase — Crypto-related assets surged after Bitcoin topped $40,000 for the first time this year. Coinbase jumped 7%, MicroStrategy gained 7% and Marathon Digital climbed 13%. Uber Technologies — The ride-hailing stock rose 4% after S & P Dow Jones...
Check out the companies making headlines before the bell: Salesforce — Salesforce popped more than 9% after the cloud software company reported fiscal third-quarter earnings that beat analysts' expectations. The company posted adjusted earnings of $2.11 per share on $8.72 billion in revenue. Salesforce also shared stronger-than-expected guidance for...
Check out the companies making headlines in midday trading. Rover Group — Shares of the online marketplace for pet care advanced 28% after Rover on Wednesday said it agreed to be acquired by Blackstone in a $2.3 billion deal. The transaction is set to close in the first quarter...
Check out the companies making headlines before the bell: iRobot — The stock surged 30% after a Reuters report , citing sources familiar with the matter, said Amazon is about to win regulatory approval in the European Union to move forward with its $1.4 billion acquisition of the robot...
Check out the companies making headlines after hours. Nvidia — Nvidia declined about 1% after the chip giant topped fiscal third-quarter expectations and issued strong revenue guidance. Nvidia reported adjusted earnings of $4.02 per share on revenue of $18.12 billion. Analysts polled by LSEG, formerly Refinitiv, had expected per-share...