Three IPOs and one SPAC are expected to raise $1.6 billion in the week ahead, led by leading cybersecurity brand McAfee (MCFE).
Taken private by Intel in 2011, McAfee (MCFE) plans to raise $759 million at a $9.6 billion market cap in its return to the public market. McAfee provi
In this episode of MarketFoolery, Chris Hill chats with Motley Fool analyst Tim Beyers about the latest headlines and earnings reports from Wall Street. They discuss the latest generation of iPhones and other industry players whose hardware these devices are using. They go throug
What happenedShares of J.B. Hunt Transport Services (NASDAQ: JBHT) closed down nearly 10% on Friday after the trucking company reported weaker-than-expected third-quarter earnings. Network issues led to higher costs, causing the company to underperform.
The S&P 500 Index (SNPINDEX: ^GSPC) was on track to close higher for most of the trading session on Friday. But a last-hour sell-off left the index at breakeven for the day, with 270 stocks moving higher, and 233 that closed down or even.Today's biggest gainer was General Ele
IPO activity has remained robust ahead of the U.S. presidential election as Nasdaq welcomed more than two dozen companies since the beginning of the month, including 14 this week. The momentum builds upon the red-hot IPO market in September, during which Nasdaq held 40 IPOs.
Nine IPOs and five SPACs went public this past week, and one IPO postponed. New filing activity continued to pump the breaks as we near the election, with just one new IPO filing. SPAC activity continued unabated however as nine submitted initial filings.
The largest deal of th
IN8bio, a Phase 1 biotech developing allogeneic T cell therapies for cancer and solid tumors, filed on Friday with the SEC to raise up to $86 million in an initial public offering.
The company's pipeline contains lead candidates INB-200, which is currently in a Phase 1 trial for
Online pet supply company Chewy (NYSE: CHWY) received a major boost today when a Jefferies analyst turned strongly bullish, giving the stock a $100 price target. Not only does the new price target represent an approximate 54% upside over the share price at the start of trading to
Taiwan Semiconductor Manufacturing Company TSM missed the Zacks Consensus Estimate on both the top and bottom lines and the shares moved marginally lower in response.
The World Bank should push ahead with its efforts to deliver $160 billion in coronavirus aid by June 2021 and explore additional emergency financing and debt relief for developing countries, the bank's steering committee said on Friday.
One of the more innovative and unusual customer-service policies in the auto industry might be coming to an abrupt end. Next-generation transportation and energy website Electrek reported on Friday that Tesla (NASDAQ: TSLA) has decided to cancel its seven-calendar-day, no-questio
The Dow closed higher for the first time in four days, finishing up 112 points after better-than-expected retail data, which showed sales rising 1.9% in September -- much higher than the anticipated 0.7%. The S&P 500 landed modestly in the black as well, with COVI
The one-year anniversary of the protests and riots that rocked Chile in 2019, leaving more than 30 dead, brings mixed emotions to demonstrator Diego Leppez, who lost his eye when a tear gas bomb exploded by his side.
What happenedShares of Aldeyra Therapeutics (NASDAQ: ALDX) soared 18.1% higher on Friday. The big jump came after BTIG analyst Julian Harrison initiated coverage on the stock with a buy recommendation and a price target of $29 -- more than four times Aldeyra's closing price on Th
The S&P 500 posted a nominal gain on Friday as further clarity regarding the timeline for the development of a coronavirus vaccine and much better-than-expected retail sales data brought buyers back to the market.
(RTTNews) - After moving sharply higher early in the session, stocks remained mostly positive throughout the trading day on Friday before coming under pressure going into the close. The major averages pulled back sharply in the final hour of trading, with the tech-heavy Nasdaq sl
Speculators' net bearish bets on the U.S. dollar shrank in the latest week, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released on Friday.