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Under Armour Set to Rocket 39% Higher, Analyst Says

6 years ago
Under Armour's (NYSE: UA) (NYSE: UAA) stock price should move up to $17 per share. That's the view of analyst Matthew Boss from JPMorgan Chase's J.P. Morgan unit, who on Monday raised his price target to that level from the previous $12.Interestingly, although this implies a pote

TSX Ends Sharply Lower As Virus Cases Surge

6 years ago
(RTTNews) - The Canadian stock market ended sharply lower on Monday as a record spike in coronavirus cases across the globe raised concerns about economic recovery and rendered the mood bearish.Several countries in Europe have reportedly imposed tougher restrictions to curb the s

Brenntag To Lay Off 1,300 Jobs

6 years ago
(RTTNews) - Brenntag AG Monday said it will lay off 1,300 jobs. The company, which has a global workforce of around 17,500 employees, said the lay offs will happen over the next two years.Brenntag announced its future operating model together with changes in the Board of Manageme

Why Travel Stocks Were Getting Battered Today

6 years ago
What happenedFears over rising coronavirus cases were sinking the market today, hitting travel stocks like Booking Holdings (NASDAQ: BKNG), MGM Resorts International (NYSE: MGM), and Marriott International (NASDAQ: MAR) especially hard.

Churchill Downs Reopens for 2020's First Live Spectators

6 years ago
Slightly less than two months after the Kentucky Derby ran on Sept. 5 without fans present for the first time in its lengthy history, the Churchill Downs racetrack, owned and operated by Churchill Downs (NASDAQ: CHDN), has opened again for a limited number of spectators. On Sunda

Schaeffler Q3 Revenues Down 2.6%

6 years ago
(RTTNews) - Schaeffler AG (SCFLF.OB) Monday said its third-quarter revenues were 3.396 billion euros, down 2.6% from last year's 3.613 billion euros.EBIT margin before special items reached 9.4% in the third quarter, compared to 9.1% last year, driven by the better-than-expected

Why Quidel Corporation Stock Rose Today

6 years ago
What happened?Shares of Quidel Corporation (NASDAQ: QDEL) rose sharply on Monday and closed the day's trading session up by 6.1% despite the company not reporting any news. Meanwhile, the broader market had a rough day today, largely due to a resurgence of COVID-19 cases. That ma

The 3 Most Important Nasdaq Stocks on Monday

6 years ago
The Nasdaq Composite (NASDAQINDEX: ^IXIC) had a rough start to the new week. Fears about soaring coronavirus infection rates around the world and uncertainty over the presidential election next Tuesday left market participants struggling to figure out which way stocks should move

Why Beyond Meat Stock Fell Today

6 years ago
What happenedShares of Beyond Meat (NASDAQ: BYND) fell by 4% Monday after chief rival Impossible Foods said that it was expanding its retail distribution at Canadian grocery stores. The news came a little more than a year after Beyond Meat entered the Canadian market for plant-b

Amkor Technology Q3 Profit Rises

6 years ago
(RTTNews) - Amkor Technology, Inc. (AMKR) Monday reported third-quarter profit of $92 million or $0.38 per share compared to last year's profit of $54 million or $0.23 per share. Tempe, Arizona-based Amkor's revenues for the quarter rose to $1.354 billion from $1.084 billion last

Swiss Market Closes Moderately Lower

6 years ago
(RTTNews) - The Switzerland stock market ended lower on Monday, in line with markets across Europe, as surging coronavirus cases and tougher lockdown restrictions in several places across the world raised concerns about economic recovery.However, the Swiss market's loss was far l
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