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
Packaging Corp. (PKG) came out with quarterly earnings of $1.57 per share, beating the Zacks Consensus Estimate of $1.36 per share. This compares to earnings of $1.92 per share a year ago. These figures are adjusted for non-recurring items.
German American Bancorp (GABC) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.55 per share a year ago. These figures are adjusted for non-recurring items.
(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
(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
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.
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
(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
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
A once high-flying drug might be poised to take to the skies again. Amarin (NASDAQ: AMRN) released clinical trial results Monday that showed its Vascepa heart medicine effectively reduced cardiovascular events in patients with decreased kidney function.The late-stage trial is a c
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
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
(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
(RTTNews) - American International Group, Inc. (AIG) announced that it has named Peter Zaffino as its Chief Executive Officer, effective March 1, 2021, in addition to his current role as President. Zaffino has also been appointed to serve as a Director, effective immediately.Bria
(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
The world's largest pharmaceuticals and chemicals conglomerate took another big step into the gene therapy arena on Monday. Bayer (OTC: BAYRY) has agreed to acquire Asklepios BioPharmaceutical, a privately held U.S. company more commonly known as AskBio.Bayer will pay $2 billion