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Yahoo Finance Plus Ousted CEO Pourhassan sues CytoDyn to cover his attorney's fees
Pourhassan is facing securities fraud charges in Maryland in connection with statements about CytoDyn's drug candidate and stock sales.
Pourhassan is facing securities fraud charges in Maryland in connection with statements about CytoDyn's drug candidate and stock sales.
With shares down by 60% in the last three years, Editas Medicine (NASDAQ: EDIT) investors are experiencing a bumpy ride despite the company's impeccable gene-editing credentials. Hitting a home run in clinical trials could be enough to revitalize the buzz around its innovative gene-editing platform. Perhaps the best argument against buying Editas stock is that its drug development pipeline is about to be rendered much less lucrative thanks to a competitor.
Shares of Bill.com Holdings (NYSE: BILL), the payments specialist for small and medium-sized businesses (SMBs), were taking a dive today after the company posted strong results in its fiscal second quarter but offered disappointing guidance for the current period. Bill.com, which is a software-as-a-service company that helps SMBs handle payments and back-office accounting, said core revenue rose 49% in the quarter, and total revenue jumped 66% to $260 million, which beat estimates at $243.5 million. CEO Rene Lacerte said, "We delivered strong second-quarter results and achieved another quarter of non-GAAP profitable growth as we executed on our strategy to be the essential financial operations platform for SMBs."
Palantir makes data analytics software used by government and commercial customers. In a regulatory filing overnight, the company disclosed that on Jan. 29 Chief Accounting Officer Jeffrey Buckley announced plans to step down as soon as Palantir's 2022 10-K is filed. Palantir also said that Chief Operating Officer Shyam Sankar was named chief technology officer and Chief Legal Officer Ryan Taylor was named chief revenue officer.
Given how fast Nio and Ford shares fell, the market could jump back into these EV growth stocks before you know it.
Exxon Mobil Corporation ( NYSE:XOM ) has announced that it will be increasing its dividend from last year's comparable...
The stock market had a rough year in 2022, but the technology sector bore the brunt of the pessimism, with the Nasdaq-100 index falling by 33%. The semiconductor industry is a good example. The pandemic triggered chip shortages across the world in 2020 and 2021, which gave manufacturers pricing power and drove monumental growth.
In this article, we discuss 15 best dividend leaders to buy according to hedge funds. If you want to see more stocks in this selection, check out 5 Best Dividend Leaders to Buy According to Hedge Funds. First Trust Morningstar Dividend Leaders Index Fund (NYSE:FDL) is based on the 100 highest yielding stocks that have […]
Dividend stocks are a great way to mitigate downside risk, hedge against inflation, and generate reliable levels of passive income. Closed-end funds, real estate investment trusts (REITs), and some actively managed diversified holding companies are purpose-built to return an outsize portion of cash flows to shareholders via regular distributions. Arbor Realty Trust (NYSE: ABR) is a REIT with a current annualized yield of 10.75%.
(Bloomberg) -- A Japanese maker of flying motorbikes will list on the Nasdaq stock exchange and start trading as early as Friday in New York, making it the fifth company from the Asian nation to join the tech-heavy bourse, according to people familiar with the matter. Most Read from BloombergMerck Covid Drug Linked to New Virus Mutations, Study SaysAdani Crisis Deepens as Stock Rout Hits $108 BillionHong Kong to Give Away 500,000 Air Tickets to Revive TourismAdani’s $108 Billion Crisis Shakes In
Yes, there's math. No, it's not that hard.
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
Shares of SoFi Technologies (NASDAQ: SOFI) have surged almost 70% since the start of 2023, but they're still down sharply from their highs. Is the worst over for investors, and this is the beginning of the next bull run for stocks, including SoFi? In the video below, Motley Fool contributors Jeff Santoro and Jason Hall break down why a bull market would almost surely mean good things for SoFi, and why it's worth buying.
A brutal bear market may have put some investors off stocks. The emotional pain of seeing one's assets lose considerable value was undoubtedly too much for some investors to bear. Knowing this, investors may want to consider taking advantage of discounted prices in stocks such as MercadoLibre (NASDAQ: MELI), Zscaler (NASDAQ: ZS), Snowflake (NYSE: SNOW), and Shopify (NYSE: SHOP).
Mention high-yield dividend stocks, and one tends to think of stodgy companies that distribute the vast majority of their profits to shareholders via dividends -- sometimes to the detriment of the company's ability to grow. The company has also focused more recently on maintaining a solid balance sheet and supporting a stable and growing dividend. Here's why Kinder Morgan stock is a no-brainer energy stock to buy for 2023.
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
Yahoo Finance Live’s Jared Blikre breaks down how stocks are trading.
Shares of 2U (NASDAQ: TWOU)Â exploded higher on Friday morning after the online learning company reported a modest earnings beat in its fiscal Q4 2022 results last night. Analysts had expected 2U to earn only $0.21 per share for the quarter, and 2U topped that forecast with an adjusted profit of $0.23 per share. While 2U reported a profit for the quarter on a non-GAAP (adjusted) basis, when calculated according to generally accepted accounting principles (GAAP), 2U actually lost $0.15 per share.
U.S. stocks tumbled Friday after government employment data showed more than half a million jobs were added in January — throwing a wrench in hopes for a pause on rate increases — while subpar earnings results from Big Tech giants weighed on investor sentiment.
Ford Motor Co. late Thursday reported mixed quarterly results, with Chief Executive Jim Farley saying that the auto maker left $2 billion in profit on the table, referring to the company's full-year losses.
Markets reporter Jared Blikre checks out several stocks trending in the after-hours trading session.