Alibaba Group Holding Limited (NYSE: BABA)-backed Ant Group's initial public offering and dual listing in Hong Kong and Shanghai could be delayed by at least six months, the Financial Times reported Thursday.What Happened: On Tuesday, the listing, which would have...
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U.S. Stock Index Futures Decline as Vote Count Remains Tight, , on November 6, 2020 at 4:32 am
(Bloomberg) -- U.S. stock index futures slipped as investors monitored a tight race to determine who will be the next American president.December contracts on the S&P 500 fell 0.6% at 1:25 p.m. in Tokyo. Futures declined 0.4% on the Dow Jones Industrial Average...
Why EV startup Bollinger Motors is focusing on the high-end consumer, , on November 6, 2020 at 3:25 am
Bollinger Motors Founder & CEO Robert Bollinger joins Yahoo Finance's Pras Subramanian to break down the company’s upcoming electric vehicles, the EV space, and whether a SPAC IPO is in the cards., Bollinger Motors Founder & CEO Robert Bollinger joins Yahoo...
Ultra-wealthy turn to trusts to plan for potential tax hikes, , on November 6, 2020 at 3:08 am
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Tesla Now Sells Tequila And It Comes In A $250 Thunderbolt-Shaped Bottle, , on November 6, 2020 at 2:45 am
Tesla Inc (NASDAQ: TSLA) has added Tequila as a merchandise offering on its online store. The electric vehicle maker is taking orders for company-branded Tequila in select states in the United States.What Happened: The Tesla version of distilled ardent spirits comes...
Why Electronic Arts Shares Dropped 7% After-Hours Thursday, , on November 6, 2020 at 2:18 am
Electronic Arts Inc (NASDAQ: EA) shares tanked in the after-hours session Thursday as the company missed analyst estimates for the second quarter of the fiscal year 2021 even as it beat management guidance. EA's decision to start paying quarterly dividend amid weak...
Regeneron hopes U.S. will authorize coronavirus antibody drug soon, , on November 6, 2020 at 2:09 am
Regeneron Pharmaceuticals Inc said U.S. health regulators were doing a careful analysis of its experimental antibody cocktail to treat COVID-19 and that it was hopeful the drug could be authorized for emergency use in the country soon. The treatment, which was given...
Canada's Bombardier faces UK bribery probe over plane sales, , on November 6, 2020 at 2:08 am
"The SFO is investigating Bombardier Inc over suspected bribery and corruption in relation to contracts and/or orders from Garuda Indonesia," the agency said on Thursday. "As this is a live investigation, the SFO can provide no further comment," it added., "The SFO is...
Oil down nearly 2% amid COVID-19, U.S. election concerns, , on November 6, 2020 at 1:05 am
U.S. oil fell nearly 2% on Friday as new lockdowns in Europe to contain the spread of the coronavirus disease raised questions about the outlook for crude demand, while markets remained on edge over the drawn-out vote counting in the U.S. election. West Texas...
Square Sales Surge on Pandemic-Fueled Boom for Cash App, , on November 6, 2020 at 1:00 am
(Bloomberg) -- Square Inc.’s quarterly sales more than doubled, underscoring a surge in demand for Bitcoin trades, stock purchases and other financial transactions by customers cooped up during the global pandemic. The stock rose 5% in after-hours trading.Revenue...
U.S. government looking into Pfizer's operations in China, , on November 6, 2020 at 12:08 am
The Foreign Corrupt Practices Act units of the Justice Department and the U.S. SEC had sought documents relating to its Chinese operations, the company said in its filing, adding that it is producing records pursuant to these requests. In 2012, the drugmaker had...
Husband of former Amazon.com finance manager pleads guilty to insider trading, , on November 5, 2020 at 11:25 pm
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Sports Betting Wins Election Night 3-0, Setting the Stage for DraftKings to Shine, , on November 5, 2020 at 10:59 pm
It has been a volatile ride for investors of DraftKings (DKNG). Since closing at an all-time high of $63.78 on October 2, the share price has dropped by 32%. However, the stock is showing signs of upward movement, as good news is once again taking hold of the...
Carl Icahn boosts Xerox stake to over 14%, , on November 5, 2020 at 10:24 pm
Xerox's shares rose 3.4% in extended trading on the news. Icahn, who last reported a stake of 12.9% in Xerox as of Sept. 9, had also built a sizable stake in HP around the time Xerox reached out to it for a merger. HP Inc rebuffed Xerox's initial offers and Xerox went...
Trevena Stock Is a ‘Buy’ Ahead of Olinvyk Launch, Says Analyst, , on November 5, 2020 at 10:13 pm
Despite the recent pullback, Trevena (TRVN) stock has had an excellent 2020 with shares rocketing 182% year-to-date. According to H.C. Wainwright analyst Douglas Tsao, there’s a lot of fuel left in the tank.Tsao’s confidence is based on the imminent launch of Olinvyk,...
Pembina Pipeline Corporation Declares Common Share Dividend, , on November 5, 2020 at 10:01 pm
CALGARY, AB, Nov. 5, 2020 /CNW/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL) (NYSE: PBA) announced today that its Board of Directors declared a common share cash dividend for November 2020 of $0., CALGARY, AB, Nov. 5, 2020 /CNW/ - Pembina...
Jack Ma Had It Right About One Thing, , on November 5, 2020 at 10:00 pm
(Bloomberg Opinion) -- Jack Ma was right: You can’t use rules for a railway station to run an airport. Or, regulate a cutting-edge online lending platform like a traditional bank.Chinese authorities effectively took the founder of e-commerce behemoth Alibaba Group...
Pembina Pipeline Corporation Reports Third Quarter Results, , on November 5, 2020 at 10:00 pm
Solid results continue to demonstrate the Company's resilienceAll financial figures are in Canadian dollars unless otherwise noted. This news release refers to certain financial measures that are not defined by Generally Accepted Accounting Principles ("GAAP"),...
Endo Reports Third-Quarter 2020 Financial Results And Raises Full Year 2020 Financial Guidance, , on November 5, 2020 at 9:49 pm
DUBLIN, Nov. 5, 2020 /CNW/ -- Endo International plc (NASDAQ: ENDP) today reported financial results for the third-quarter ended September 30, 2020., DUBLIN, Nov. 5, 2020 /CNW/ -- Endo International plc (NASDAQ: ENDP) today reported financial results for the...
Forget Biden Vs. Trump: The Incumbent Is Winning in Stock Market, , on November 5, 2020 at 9:21 pm
(Bloomberg) -- A strange thing happened on the way to the biggest post-election surge in modern stock-market history. On Wednesday, while the S&P 500 was tacking on $600 billion of fresh value, most of its members fell.How the index still managed to gain so much...
What’s Next For VBI Vaccines (VBIV) Stock? Analyst Weighs In, , on November 5, 2020 at 9:15 pm
The race to be first to market with a Covid-19 vaccine is already in advanced stages with several names deep into their candidates’ Phase 3 trials.While several “big pharma” representatives are among the leading pack, the coronavirus has also provided several small...
OpenText Reports First Quarter Fiscal Year 2021 Financial Results, , on November 5, 2020 at 9:01 pm
Record Annual Recurring Revenues (ARR) and Cloud Revenue, Announces 15% Dividend IncreaseWATERLOO, ON, Nov. 5, 2020 /CNW/ --First Quarter HighlightsTotal Revenues(in millions) Annual Recurring Revenues(in millions) Cloud Revenues(in millions) ReportedConstant Currency...
How Trump's legal woes will worsen once he leaves office, , on November 5, 2020 at 8:37 pm
State and local cases against Trump will get a boost. But don't expect a Biden administration to prosecute Trump soon--or ever., State and local cases against Trump will get a boost. But don't expect a Biden administration to prosecute Trump soon--or ever.,
The Day Jack Ma Became Ray Dalio's Nightmare, , on November 5, 2020 at 7:58 pm
(Bloomberg Opinion) -- Nov. 3 was a sad, sad day for China. Not because America’s election changes anything about its hawkish stance toward Beijing — that’s bipartisan — but because China lost a golden investment opportunity by shooting itself in the foot. Looking...
October jobs report preview: Economy likely added 600,000 jobs as unemployment rate fell to 7.6%, , on November 5, 2020 at 7:56 pm
The Department of Labor will release its weekly report on new jobless claims Thursday morning at 8:30 a.m. ET., The Department of Labor will release its weekly report on new jobless claims Thursday morning at 8:30 a.m. ET.,
Shell to Shut Louisiana Refinery After Failing to Find a Buyer, , on November 5, 2020 at 7:54 pm
(Bloomberg) -- Royal Dutch Shell Plc will begin shutting its Convent refinery in south Louisiana mid-month while it continues to seek a buyer for the facility, part of a plan to reduce its global sites and focus on combined oil refining and chemical plants.With global...
Election suspense pushes mortgage rates to new all-time low, , on November 5, 2020 at 7:40 pm
Amid political uncertainty, rates have dropped to a record low for the 12th time in 2020., Amid political uncertainty, rates have dropped to a record low for the 12th time in 2020.,
Uber beats Q3 earnings expectations powered by growth in Eats business, Rides falls short, , on November 5, 2020 at 7:33 pm
Uber reported its Q3 2020 earnings after the bell on Thursday, beating analysts' expectations for the quarter., Uber reported its Q3 2020 earnings after the bell on Thursday, beating analysts' expectations for the quarter.,
Waste Management Scores Cheap Debt Months After Burning Traders, , on November 5, 2020 at 7:21 pm
(Bloomberg) -- A controversial bond-market maneuver by Waste Management Inc. appears to be paying off.Just months after a shock debt redemption angered investors, the company was able to return to the bond market and score some of its cheapest borrowing costs ever,...
Cannabis Shares Hit Session Highs After Cuomo Promises N.Y., , on November 5, 2020 at 7:08 pm
(Bloomberg) -- Cannabis companies rallied on Thursday, reversing a slump the day before, on renewed optimism over the lifting of restrictions on marijuana sales in five states this week.Stocks moves gathered steam in the afternoon session after New York State’s...
‘It was a cannabis landslide’ on election night: Curaleaf CEO, , on November 5, 2020 at 6:42 pm
Voters in Arizona, Montana, New Jersey, South Dakota, and Mississippi approved to relax marijuana laws on Tuesday. Curaleaf CEO Joe Lusardi joins Yahoo Finance’s Zack Guzman to discuss why more states are looking to legalize recreational marijuana and weigh in on the...
Vapotherm, Inc. (NYSE:VAPO) Insiders Increased Their Holdings, , on November 5, 2020 at 6:25 pm
It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that..., It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that...,
Sociedad Química y Minera de Chile S.A.'s (NYSE:SQM) Stock Is Going Strong: Have Financials A Role To Play?, , on November 5, 2020 at 5:48 pm
Sociedad Química y Minera de Chile's (NYSE:SQM) stock is up by a considerable 19% over the past three months. Given..., Sociedad Química y Minera de Chile's (NYSE:SQM) stock is up by a considerable 19% over the past three months. Given...,
I don’t see that President Trump has a path legally with these election lawsuits: Political Correspondent , , on November 5, 2020 at 5:29 pm
Jon Ward, Yahoo News Senior Political Correspondent joins the Yahoo Finance Live panel to discuss the latest on the 2020 presidential election., Jon Ward, Yahoo News Senior Political Correspondent joins the Yahoo Finance Live panel to discuss the latest on the 2020...
Apple must face shareholder lawsuit over CEO Cook's China sales comments, , on November 5, 2020 at 5:28 pm
In a decision on Wednesday, U.S. District Judge Yvonne Gonzalez Rogers said shareholders led by a UK pension fund can sue over Cook's comment on a Nov. 1, 2018, analyst call that while Apple was facing sales pressure in some emerging markets, "I would not put China in...
Rackspace Technology, Inc.'s (NASDAQ:RXT) Intrinsic Value Is Potentially 38% Above Its Share Price, , on November 5, 2020 at 5:11 pm
In this article we are going to estimate the intrinsic value of Rackspace Technology, Inc. (NASDAQ:RXT) by taking the..., In this article we are going to estimate the intrinsic value of Rackspace Technology, Inc. (NASDAQ:RXT) by taking the...,
US Seized More Than $1B in Silk Road–Linked Bitcoins, Seeks Forfeiture, , on November 5, 2020 at 4:46 pm
The seizure on Tuesday, tied to the Silk Road marketplace, is reported to be the largest the U.S. has ever done., The seizure on Tuesday, tied to the Silk Road marketplace, is reported to be the largest the U.S. has ever done.,
Why Nautilus (NLS) Stock is a Compelling Investment Case, , on November 5, 2020 at 4:36 pm
Greenhaven Road Capital recently released its Q3 2020 Investor Letter, a copy of which you can download here. Greenhaven’s estimated returns for the third quarter totaled approximately +50% net of fees and expenses. August was the best month in the partnership...
Oil Falls With Market Assessing Contested U.S. Election Outcome, , on November 5, 2020 at 4:34 pm
(Bloomberg) -- Oil edged lower as investors awaited the outcome of the tightly contested U.S. presidential election, with Joe Biden on the brink of claiming a victory.Futures in New York were trading below $39 a barrel after bouncing between gains and losses earlier....
President Trump’s path to re-election is getting ’exceptionally narrow’: Fmr. Speaker of the Florida House, , on November 5, 2020 at 4:33 pm
Former Vice President Joe Biden's lead is widening against President Trump as battleground states continue to count votes. Former Speaker of the Florida House and Weatherford Capital Managing Partner Will Weatherford joins Yahoo Finance Live to discuss., Former Vice...
PayPal Holdings, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next, , on November 5, 2020 at 4:27 pm
As you might know, PayPal Holdings, Inc. (NASDAQ:PYPL) recently reported its quarterly numbers. It looks like a..., As you might know, PayPal Holdings, Inc. (NASDAQ:PYPL) recently reported its quarterly numbers. It looks like a...,
Private Prison Stocks Take Big Hit As Biden Closes In On Victory, , on November 5, 2020 at 3:48 pm
Private prison stocks Corecivic Inc (NYSE: CXW) and The GEO Group Inc (NYSE: GEO) took a big hit on Wednesday and Thursday as Democrat Joe Biden's victory in the U.S. presidential election looked increasingly likely. Prison stocks were some of the biggest winners...
A Silver Lining Among Dark Clouds for Carnival Corp, , on November 5, 2020 at 3:47 pm
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Here's What Analysts Are Forecasting For VBI Vaccines Inc. (NASDAQ:VBIV) After Its Third-Quarter Results, , on November 5, 2020 at 3:41 pm
VBI Vaccines Inc. (NASDAQ:VBIV) just released its latest third-quarter report and things are not looking great. It was..., VBI Vaccines Inc. (NASDAQ:VBIV) just released its latest third-quarter report and things are not looking great. It was...,
Genesis Energy expects up to $50 mln in losses due to storms – CEO, , on November 5, 2020 at 3:27 pm
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These 3 5G Stocks Are Must-Watch Names, Say Top Analysts, , on November 5, 2020 at 3:21 pm
Let’s take a short break from the election drama, and look at 5G. The new wave in networking technology, 5G has sparked an ongoing revolution in the way wireless connections are made. The new network systems offer far higher speeds, much lower latency, and greater...
Federal Reserve to announce policy decision this afternoon, , on November 5, 2020 at 3:21 pm
The Federal Reserve will announce its policy decision at 2 p.m. ET., The Federal Reserve will announce its policy decision at 2 p.m. ET.,
UnitedHealth Group Incorporated Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next, , on November 5, 2020 at 3:13 pm
Shareholders of UnitedHealth Group Incorporated (NYSE:UNH) will be pleased this week, given that the stock price is up..., Shareholders of UnitedHealth Group Incorporated (NYSE:UNH) will be pleased this week, given that the stock price is up...,
GM posts earnings beat with help from strong SUV, truck demand, , on November 5, 2020 at 2:57 pm
Yahoo Finance’s Brian Sozzi, Julie Hyman, and Myles Udland break down the earnings reports for Match Group, General Motors, and Qualcomm., Yahoo Finance’s Brian Sozzi, Julie Hyman, and Myles Udland break down the earnings reports for Match Group, General Motors, and...
Hanes Plummets as Champion Owner Announces a Business Review, , on November 5, 2020 at 2:39 pm
(Bloomberg) -- Hanesbrands Inc. shares plunged as much as 16% after the company reported a review of its business and a slump in sales at a time when everyone’s wearing sweatpants.As consumers stay away from sporting events and college bookstores, the maker of...
Lightning Operators Are Bracing for a Bitcoin Bull Run, , on November 5, 2020 at 2:23 pm
Lightning routing node operators are preparing for the horde of new users that will come in bitcoin's next bull run., Lightning routing node operators are preparing for the horde of new users that will come in bitcoin's next bull run.,
The likely election outcome is becoming ‘the best news for markets’, , on November 5, 2020 at 2:21 pm
Futures tracking the benchmark S&P 500 surged as much as 2%, while Nasdaq 100 futures gained 2.6% a day after Wall Street's main indexes closed at more than one-week highs. With President Donald Trump and his Democrat rival Biden still awaiting clarity from the...
Is It Too Late To Consider Buying iQIYI, Inc. (NASDAQ:IQ)?, , on November 5, 2020 at 2:19 pm
iQIYI, Inc. (NASDAQ:IQ) received a lot of attention from a substantial price increase on the NASDAQGS over the last..., iQIYI, Inc. (NASDAQ:IQ) received a lot of attention from a substantial price increase on the NASDAQGS over the last...,
Microsoft Xbox Series X Review: Tons of power and potential at a price, , on November 5, 2020 at 2:00 pm
Microsoft's Xbox Series X is a monster of a console with huge amounts of promise., Microsoft's Xbox Series X is a monster of a console with huge amounts of promise.,
Barrick’s Record Cash Haul Extends Payout Streak for Investors, , on November 5, 2020 at 1:31 pm
(Bloomberg) -- Skyrocketing bullion prices helped Barrick Gold Corp. generate record amounts of cash -- and shareholders are getting rewarded with another dividend hike.The world’s second-largest gold producer spun out $1.3 billion of free cash flow in the third...
CVX in $735MM Shale Deal and More, , on November 5, 2020 at 1:26 pm
Here are some of Rigzone's top upstream stories during the last week, just in case you missed them..., Here are some of Rigzone's top upstream stories during the last week, just in case you missed them...,
Covid-19: Nintendo profits triple as games boom continues, , on November 5, 2020 at 1:07 pm
The video games industry rakes in revenues around the world as coronavirus lockdowns continue., The video games industry rakes in revenues around the world as coronavirus lockdowns continue.,
IBM unveils cloud for 5G telcos, gets Nokia and Samsung as partners, , on November 5, 2020 at 1:07 pm
International Business Machines Corp on Thursday became the latest U.S. technology company to launch a cloud platform directed at telecom operators deploying 5G and signed up Nokia and Samsung as partners. A cloud platform uses software instead of physical equipment...
Cinemark Sees Revenue Plunge, Swings To The Red In COVID-Battered Q3; CEO Says Managing Liquidity Is Key, , on November 5, 2020 at 1:01 pm
Major movie chain Cinemark reported a COVID-battered quarter with revenue of $35 million versus $821 million the year earlier. It swung to a loss of $148 million from a $33-million profit. As of September 30, it had 252 domestic and 15 international theaters open to...
Stock market news live updates: Stock futures extend gains with key states left to report election results, , on November 5, 2020 at 12:49 pm
Stock futures jumped Thursday morning to extend a rally from a day earlier, as traders homed in on the outcome of the U.S. election with several key states’ results still hanging in balance., Stock futures jumped Thursday morning to extend a rally from a day earlier,...
Endo Announces Strategic Actions to Further Position the Company for Long-Term Success, , on November 5, 2020 at 12:30 pm
\- Initiatives to Enable Company to Reinvest in Key Areas of Growth -DUBLIN, Nov. 5, 2020 /CNW/ -- Endo International plc (NASDAQ: ENDP) today announced the initiation of several strategic actions to further optimize the Company's operations and increase overall...
Alibaba’s Sales Growth Plateaus Despite China’s Covid Recovery, , on November 5, 2020 at 12:29 pm
(Bloomberg) -- Alibaba Group Holding Ltd.’s revenue grew at the slowest pace on record for the July-September quarter, underscoring how the e-commerce giant’s post-pandemic rebound is starting to plateau.Revenue for the three months ended September rose 30% to 155.1...
A divided government could lead to massive stock market gains: strategist, , on November 5, 2020 at 12:05 pm
Gridlock in D.C. could be good for the stock market...really good, historical data shows., Gridlock in D.C. could be good for the stock market...really good, historical data shows.,
Biogen's $15 Billion Alzheimer's Surge Tarnishes FDA, , on November 5, 2020 at 12:00 pm
(Bloomberg Opinion) -- It’s hard to focus on anything besides the election and pandemic. But one of the most important drug debates in years is taking place this week, and it has nothing to do with President Donald Trump or Covid-19.On Friday, a panel of experts...
BCE reports third quarter 2020 results, , on November 5, 2020 at 12:00 pm
This news release contains forward-looking statements. For a description of related risk factors and assumptions, please see the section entitled "Caution Regarding Forward-Looking Statements" and the other relevant sections of this news release., This news release...
Costco Wholesale (NASDAQ:COST) Has Gifted Shareholders With A Fantastic 164% Total Return On Their Investment, , on November 5, 2020 at 11:49 am
When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose..., When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose...,
Lightspeed Announces Second Quarter 2021 Financial Results, Provides Outlook for Third Quarter, , on November 5, 2020 at 11:35 am
Second Quarter Revenue Grew 62% YoY to $45.5MCustomer Locations continued to grow reaching over 80,000 locations globally GTV grew 56% YoY to $8., Second Quarter Revenue Grew 62% YoY to $45.5MCustomer Locations continued to grow reaching over 80,000 locations globally...
What Type Of Shareholders Make Up BigCommerce Holdings, Inc.'s (NASDAQ:BIGC) Share Registry?, , on November 5, 2020 at 11:31 am
Every investor in BigCommerce Holdings, Inc. (NASDAQ:BIGC) should be aware of the most powerful shareholder groups..., Every investor in BigCommerce Holdings, Inc. (NASDAQ:BIGC) should be aware of the most powerful shareholder groups...,
Quarterhill Announces Third Quarter 2020 Financial Results, , on November 5, 2020 at 11:30 am
KITCHENER, ON, Nov. 5, 2020 /CNW/ - Quarterhill Inc., KITCHENER, ON, Nov. 5, 2020 /CNW/ - Quarterhill Inc.,
Trump could win 2020 election through court challenge: Rutgers Law professor, , on November 5, 2020 at 11:28 am
It's a "very likely possibility" that President Trump could win election through court challenge, said Rutgers Law Professor Stacy Hawkins., It's a "very likely possibility" that President Trump could win election through court challenge, said Rutgers Law Professor...
Calculating The Fair Value Of Barrick Gold Corporation (TSE:ABX), , on November 5, 2020 at 10:34 am
How far off is Barrick Gold Corporation (TSE:ABX) from its intrinsic value? Using the most recent financial data..., How far off is Barrick Gold Corporation (TSE:ABX) from its intrinsic value? Using the most recent financial data...,
Delivery timetable for Oxford/AstraZeneca vaccine slips, UK official says, , on November 5, 2020 at 10:12 am
The timetable for delivery of the Oxford University/AstraZeneca COVID-19 vaccine candidate has slipped, the UK's vaccine chief said, adding Britain will receive just 4 million doses of the shot this year. Britain had agreed in May to take 100 million doses of the...
Biden on Brink of Defeating Trump With Few States Left to Report, , on November 5, 2020 at 9:00 am
(Bloomberg) -- Joe Biden stood on the brink of claiming the presidency from Donald Trump on Thursday, with a handful of states expecting to complete their vote counts despite Republicans opening legal fights to stop counting in at least two states.Biden held 264...
History Signals U.S. Stocks May Extend Post-Election Surge, , on November 5, 2020 at 8:54 am
(Bloomberg) -- History suggests the post-election day rally in U.S. stocks bodes well for further gains over the next three months.The S&P 500 Index jumped 2.2% on Wednesday, its best performance the day after a U.S. presidential vote in data going back to 1932,...
Biogen Rockets 44% On “Substantial Evidence” For Alzheimer’s Drug Approval, , on November 5, 2020 at 8:02 am
Shares of Biogen exploded 44% after staff at the US Food and Drug Administration (FDA) concluded in a review that there was “substantial evidence” that aducanumab, its investigational treatment for Alzheimer’s disease, was effective.The stock jumped to $355.63 after...
Costco October Revenue Jump Fueled By 91% Online Sales Surge; Analyst Raises PT, , on November 5, 2020 at 7:55 am
Costco Wholesale Corp. said late Wednesday that October net sales surged 15.9% to $13.82 billion year-over-year. The membership-only warehouse club chain operator’s strong sales were boosted by stellar growth in e-commerce orders.Costco (COST) reported that its...
Glass Shortage Threatens Solar Panels Needed for Climate Fix, , on November 5, 2020 at 7:45 am
(Bloomberg) -- The world’s biggest solar power company says a shortage of glass is raising costs and delaying production of new panels, throwing a wrench into China’s plans to accelerate its shift to clean power.Prices for glass that coats photovoltaic panels have...
Tesla Gets Order For 150 Semi Trucks From Canadian Company As It Prepares For 'Volume Production', , on November 5, 2020 at 7:29 am
Tesla Inc (NASDAQ: TSLA) has received an order for 150 units of its Semi electric truck from a Mississauga, Canada-based trucking conglomerate.What Happened: Pride Group Enterprises announced Wednesday in a statement that it had placed a deposit to secure the initial...
Tesla or Nio: Which EV Stock Is A Better Pick Right Now?, , on November 5, 2020 at 6:44 am
Production disruptions and challenging economic conditions amid the pandemic have impacted the auto industry. But McKinsey notes that the electric vehicles or EV market has been surprisingly resilient in some countries. The consulting firm expects the EV market to...
U.S. Stock Futures Advance Amid Rebound in Technology Shares, , on November 5, 2020 at 6:05 am
(Bloomberg) -- U.S. stock futures rose after unbridled investor demand for technology and health-care stocks sent benchmark indexes to some of the strongest gains of the year.S&P 500 futures for December climbed 1% at 3:02 p.m. in Tokyo, while Nasdaq 100 contracts...
Why Qualcomm Shares Surged Over 12% After-Hours Wednesday, , on November 5, 2020 at 5:54 am
Qualcomm Inc (NASDAQ: QCOM) shares spiked 12% during the after-hours session Wednesday. The surge came as the chipmaker said it foresees the demand for 5G smartphones to double the shipments next year, with a forecasted range between 450 million to 550 million...
Inside the Chaotic Unraveling of Jack Ma’s $35 Billion Ant IPO, , on November 5, 2020 at 5:43 am
(Bloomberg) -- The mid-level bureaucrats left China’s richest man waiting as they prepared for a meeting that would send shockwaves across the financial world.It was Monday morning in Beijing, and Jack Ma had been summoned to the China Securities Regulatory Commission...
Jeff Bezos Sells Another $3B Worth Of Amazon Shares, , on November 5, 2020 at 5:34 am
Amazon Inc (NASDAQ: AMZN) CEO Jeff Bezos has offloaded $3 billion worth of the e-commerce company's shares this week, according to filings with the U.S. Securities and Exchange Commission on Wednesday.What Happened: Bezos's beneficial ownership filings show that a...
Apple Could Fail To Meet iPhone 12 Holiday Demand Due To Chip Shortage: Report, , on November 5, 2020 at 5:05 am
Apple Inc (NASDAQ: AAPL) is facing a shortage of chips used for power management in the iPhone, Bloomberg reported Wednesday.What Happened: The supply constraints could affect the Tim Cook-led company's ability to meet holiday demand for its flagship smartphone.People...
Gold holds firm as Biden leads in White House race, , on November 5, 2020 at 4:09 am
"It's likely Biden will secure a presidential victory and this has boosted confidence as a Democratic president may point to a bigger stimulus," said Margaret Yang, a strategist with DailyFx, which covers currency, commodity and index trading. Analysts expect Biden...
China’s Yuan Swings Most Since 2015 Devaluation on Biden’s Prospects, , on November 5, 2020 at 2:30 am
(Bloomberg) -- China’s yuan is emerging as one of the most sensitive assets to the outcome of the U.S. presidential elections.The offshore yuan climbed as much as 0.9% in late trading Wednesday to 6.6202 per dollar, its strongest level since July 2018, after earlier...
Michael Klein’s Churchill SPAC Eyes AT&T’s DirecTV Stake, , on November 5, 2020 at 1:54 am
(Bloomberg) -- A blank-check company backed by former Citigroup Inc. rainmaker Michael Klein is among the parties interested in buying a stake in AT&T Inc.’s DirecTV satellite-television business, according to people with knowledge of the matter.Churchill Capital...
Apple Faces Shortages in Power Chips for iPhone 12, , on November 5, 2020 at 1:32 am
(Bloomberg) -- Apple Inc. is grappling with a shortage of vital chips that manage power consumption in iPhones and other devices, people with knowledge of the matter said, potentially threatening its ability to meet holiday demand for the latest version of its marquee...
Oil down over 1% as markets whipsawed by U.S. election uncertainty, , on November 5, 2020 at 12:51 am
Oil dropped on Thursday as Democrat Joe Biden edged closer to the White House in a nail-biting U.S. presidential election but the Republicans look likely to retain Senate control, decreasing the chances of any huge COVID-19 relief package. U.S. West Texas Intermediate...
Wells Fargo to Freeze Raises for High Earners as It Limits Costs, , on November 5, 2020 at 12:25 am
(Bloomberg) -- Wells Fargo & Co. plans to freeze raises for top earners as the bank’s new leadership team retools compensation practices with a close eye on costs, according to people briefed on the plans.The measure, revealed to some managers on a conference call...
Here's How Much Investing $1,000 In The 2015 Square IPO Would Be Worth Today, , on November 5, 2020 at 12:21 am
Investors who owned stocks in the past five years generally experienced some big gains. In fact, Since Nov. 19, 2015, the SPDR S&P 500 (NYSE: SPY) total return is 74.7%.On that day, Square Inc (NYSE: SQ) held its IPO, and IPO investors have significantly...
'Today is a relief rally more than anything': JAG Capital's Norm Conley on market reaction to the election, , on November 4, 2020 at 11:25 pm
Norm Conley, CEO and CIO at JAG Capital Management, joined Yahoo Finance Live to discuss today's market action as stocks react to incoming election results and his outlook for the market heading into next year., Norm Conley, CEO and CIO at JAG Capital Management,...
'We'll have a stimulus package prior to Biden being sworn in' if Biden wins the Presidency and McConnell remains majority leader: Strategist, , on November 4, 2020 at 11:13 pm
Chris Campbell, Duff & Phelps Chief Strategist and Fmr. Treasury Secretary for Financial Institutions joined Yahoo Finance Live to discuss his outlook for the election as results roll in and what the results mean for the possibility of additional stimulus., Chris...
‘The markets are being too sanguine’ given the likelihood of a contested election: Niall Ferguson, , on November 4, 2020 at 10:38 pm
The markets rallied on Wednesday on the prospect of a divided Congress and a lower likelihood of tax hikes or regulations. But as Americans await the results of the presidential election, the possibility of a contested outcome is growing likelier by the second., The...
Trevali Releases Third Quarter 2020 Results; Achieves 13% Decrease to C1 Cash Costs and AISC, , on November 4, 2020 at 10:30 pm
VANCOUVER, BC, Nov. 4, 2020 /CNW/ - Trevali Mining Corporation ("Trevali" or the "Company") (TSX: TV) (BVL: TV) (OTCQX: TREVF) (Frankfurt: 4TI) today released financial and operating results for the three and nine months ended September 30, 2020., VANCOUVER, BC, Nov....
Expedia beats on earnings, , on November 4, 2020 at 10:25 pm
Expedia reported earnings that were better than analysts expected, reflecting an uptick in summer travel before Covid-19 cases began surging again., Expedia reported earnings that were better than analysts expected, reflecting an uptick in summer travel before...
3 more states just voted to legalize sports betting, , on November 4, 2020 at 10:17 pm
Voters said yes to legalizing sports betting in all three states where the question was on the ballot: Louisiana, Maryland, and South Dakota., Voters said yes to legalizing sports betting in all three states where the question was on the ballot: Louisiana, Maryland,...
Five more states pass marijuana legalization measures: what it means for cannabis stocks, , on November 4, 2020 at 10:10 pm
Yahoo Finance’s Seana Smith and Adam Shapiro speak with Noah Hamman, CEO of AdvisorShares, about the implications for marijuana legalization on cannabis stocks., Yahoo Finance’s Seana Smith and Adam Shapiro speak with Noah Hamman, CEO of AdvisorShares, about the...
Franco-Nevada Reports Record Financial Results, , on November 4, 2020 at 10:00 pm
(in U. dollars unless otherwise noted)Record earnings margin and strong organic growthTORONTO, Nov., (in U. dollars unless otherwise noted)Record earnings margin and strong organic growthTORONTO, Nov.,
Tourmaline Announces Strong Third Quarter Results, Corporate Acquisitions and Transaction With Topaz Energy; Increases Dividend and 2021 Guidance, , on November 4, 2020 at 10:00 pm
CALGARY, AB, Nov. 4, 2020 /CNW/ - Tourmaline Oil Corp., CALGARY, AB, Nov. 4, 2020 /CNW/ - Tourmaline Oil Corp.,
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