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Peloton Crushes Expectations, Resulting in First-Time Profit

6 years 1 month ago
Peloton (NASDAQ: PTON) reported blockbuster fiscal fourth-quarter results (ended Jun. 30) after the market close on Thursday, continuing to reap the rewards of the stay-at-home economy. The home fitness specialist reported revenue of $607 million, which soared 172% year over yea

Soccer-Keeper blunder costs PSG dear in defeat at Lens

6 years 1 month ago
Paris St Germain lost 1-0 at promoted RC Lens in their first Ligue 1 game of the season on Thursday following a bad mistake by goalkeeper Marcin Bulka, as the French champions suffered in the absence of several players who tested positive for COVID-19.

Australia shares likely to fall at the open, NZ slips

6 years 1 month ago
Australian shares are set to open lower on Friday, and are on track to post their fourth consecutive weekly decline as uncertainty regarding easing of coronavirus restrictions along with rising political tensions with China dampened sentiment.

Bristol Myers Squibb Declares Fresh Dividend; Yield Is 3.1%

6 years 1 month ago
Bristol Myers Squibb (NYSE: BMY), one of the more reliable dividend payers in the pharmaceutical industry, is getting set to hand out its new distribution. On Thursday, the sprawling company's board of directors declared a new quarterly dividend of $0.45 per share, which will be

Why DraftKings Stock Rose Today

6 years 1 month ago
What happened Shares of DraftKings (NASDAQ: DKNG) were up 5.4% by the close of trading on Thursday, just a few hours before the opening game of the National Football League's 2020 season.  

Oracle Q1 Results Trump Street On Cloud Growth

6 years 1 month ago
(RTTNews) - Business software giant Oracle Corp. (ORCL), Thursday reported a first-quarter profit and revenues that trumped Wall Street estimates, a work-from-home climate has increased demand for cloud services and other softwares.

Why Virtusa Stock Just Jumped 24%

6 years 1 month ago
What happened Shares of IT consultant Virtusa (NASDAQ: VRTU) are up 23.8% in 9:55 a.m. EDT trading on news that private equity firm Baring Private Equity Asia (BPEA) will acquire the company in a merger transaction valued at $2 billion. 

Why AMC Entertainment Stock Dropped 5% Today

6 years 1 month ago
What happened Shares of movie meister AMC Entertainment (NYSE: AMC) lost 5.2% in Thursday trading and continued to fall in the after-hours. There's been no "new" news today to explain the decline, so I can only presume that it took investors a while to work out the math on yeste

Wall St ends lower as tech struggles resume

6 years 1 month ago
U.S. stocks closed lower after a choppy trading session on Thursday as heavyweight tech-related stocks resumed their decline following a sharp rebound the previous session, while elevated jobless claims reminded investors of a still-difficult recovery ahead.

Major Indexes Backpedal After Brief Respite

6 years 1 month ago
Brushing off yesterday's small rally, stocks once again fell during a session of volatile trading, as the tech sector pulled back after a one-day respite. The Dow finished the day over 400 points lower, despite earlier trading over 200 points above fair value, as investors por

Bayer CEO Baumann wins term extension until 2024

6 years 1 month ago
Bayer's Chief Executive Werner Baumann won an extension of his contract until 2024, in a show of support from the drugmaker's new chairman just months after agreeing an $11 billion settlement of U.S. lawsuits over its Roundup weedkiller.
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