Disney and Macy's are probably thanking their lucky stars that business is recovering, but are they ready to restart dividends?
A clinical-trial flop for Annovis Bio is reminding investors that developing new drugs for Alzheimer's disease is an extremely risky business.
Yahoo Finance's Emily McCormick breaks down the key numbers from Pinterest's Q2 earnings report.
Amazon's stock is getting hit after its latest earnings report. Here are three quick reasons why.
Once, at the end of a long job interview, after discussing everything else under the sun, I asked the interviewer what the pay range was for the position. Her lips thinned; she was clearly offended. She said it wasn’t something the company was comfortable sharing. As frustrating as her response was, it was also typical. Anyone who has ever looked for a job probably has experience with companies being cagey about pay. But often we accept it as the way the negotiation game is played, like it’s a d
The market may be overreacting to the e-commerce giant's revenue miss, giving investors a good buying opportunity.
This was particularly the case for Pinterest (NYSE: PINS). Pinterest's second-quarter 2021 results definitely proved to be interesting, highlighted by staggering revenue growth and user engagement headwinds simultaneously. Pinterest's second-quarter revenue skyrocketed 125% year over year to $613 million.
Exxon and Chevron reversed a year-earlier losses, as oil prices jumped. Chevron also resumed stock buybacks.
Axsome Therapeutics (NASDAQ: AXSM) has been a zero-to-hero biotech stock. It's still a company with a lot of potential, though -- it has four leading treatment candidates in its pipeline, all with high chances of earning regulatory approval. It announced top-line clinical trial results on AXS-05 for the treatment of depression (phase 2), AXS-07 for the treatment of migraine headaches (phase 3), and AXS-12 for the treatment of narcolepsy (phase 2).
(CAT) stock is slipping after the machinery manufacturer reported robust sales and earnings Friday morning. Caterpillar (CAT) reported a profit of $2.60, beating estimates for $2.41, on sales of $12.9 billion, ahead of forecasts for $12.5 billion. Caterpillar stock was off 3.1% at $206.02 at 9:36 a.m. in premarket trading.
Prosecutors said the prototypes didn’t function and were Frankenstein monsters cobbled together from parts from other vehicles.
Canadian marijuana company Sundial Growers (NASDAQ: SNDL) is a much safer investment than it was at the start of the year. Initially, Sundial invested CA$188 million, and it has since increased that to CA$538 million.
In this article, we discuss the 15 stocks that will double in 2021. If you want to skip our detailed analysis of these stocks, go directly to the 5 Stocks that Will Double In 2021. The economy of 2020 was closely linked to the COVID-19 pandemic. However, the vaccine rollout at the turn of the […]
Image source: The Motley Fool. Opko Health (NASDAQ: OPK)Q2 2021 Earnings CallJul 29, 2021, 4:30 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood afternoon, ladies and gentlemen, and welcome to the OPKO Health second-quarter 2021 financial results conference call.
Shares of Erytech Pharma SA rocketed 98.5% on heavy volume in premarket trading Friday, enough to make them the biggest gainer and most actively traded ahead of the open, after the France-based biopharmaceutical company said it's treatment for hypersensitive acute lymphocytic leukemia (ALL) patients was granted Fast Track designation by the Food and Drug Administration. Trading volume was 11.5 million shares in recent trading, compared with the full-day average of about 66,600 shares. "This is y
(Bloomberg) -- Robinhood Markets Inc. wanted to make history with its initial public offering, and now it has -- for the wrong reason.Shares in the broker behind the meme-stock revolution fell 8.4% below the IPO price in the company’s first trading session. That’s the worst debut on record among 51 U.S. firms that raised as much cash as Robinhood or more, according to data compiled by Bloomberg.It dethroned the 2007 IPO by another brokerage, MF Global Holdings Ltd., as the worst debut among qual
Shares of Citrix Systems (NASDAQ: CTXS) plummeted 14.3% through 1:15 p.m. EDT today, after the software-as-a-service (SaaS) provider announced what even it called "mixed" results in its fiscal Q2 2021 financial report. On the one hand, Citrix beat earnings with a report of $1.24 per share (pro forma) earned, where Wall Street had been looking for only $1.19. Citrix's $1.24-per-share pro forma profit vastly overstated the company's profits as calculated according to generally accepted accounting principles (GAAP), which amounted to only $0.50 per share, a year-over-year decline of 44%.
All eyes were on Pfizer's (NYSE: PFE) coronavirus vaccine sales when it reported second-quarter earnings this week -- and for good reason. The company has fully vaccinated more Americans than its rivals and has established itself as a leader in the worldwide vaccine market, too. Due to more and more orders, Pfizer now expects full-year coronavirus vaccine sales to total $33.5 billion, up from $26 billion.
Shares of Tellurian (NASDAQ: TELL) surged more than 12% in afternoon trading today, before closing up about 9%, only to surge again in after-hours trading. The big news was about as important as it gets for the company: It announced a 10-year contract with Royal Dutch Shell (NYSE: RDS.A)(NYSE: RDS.B) for 3 million metric tons of liquefied natural gas per year. What makes this particular deal so important is that it fills up essentially all of the capacity Tellurian expects to get from the first two plants at its long-anticipated Driftwood LNG facility.
The Lion Electric Company (NYSE: LEV) (TSX: LEV) ("Lion" or the "Company"), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, today announced that Green Mountain Power (GMP) of Vermont will purchase two of its all-electric trucks – a Lion8 bucket truck for line crews and a Lion6 stake body truck for electrical maintenance field crews. GMP is among the first utilities in New England to receive all-electric heavy-duty trucks for its fleet.
Newell Brands Inc. reported second quarter net income of $197 million, or 46 cents per share, up from $78 million, or 18 cents per share, last year. Adjusted EPS of 56 cents beat the FactSet consensus for 45 cents. Sales of $2.71 billion were up from $2.11 billion last year and also ahead of the FactSet consensus for $2.56 billion. Newell's portfolio includes Rubbermaid, Mr. Coffee, Elmer's and Graco baby products. For the third quarter, Newell is guiding for sales of $2.70 to $2.78 billion and