What happened
Under Armour (NYSE: UA) (NYSE: UAA) opened lower today, with both share classes down around 8% in early trading, after the company announced a convertible senior note offering. Both stocks have since recovered and are now in the green as of 12:45 p.m. EDT.
What happened
Shares of Kadmon Holdings (NYSE: KDMN) are getting a boost on Thursday after the biopharmaceutical company reported positive results from a clinical trial for one of its most promising pipeline candidates, KD025. Kadmon Holdings' stock is up by 8.4% as of 1:05 p.m.
A federal agency has made a deal that will lead to the eventual delivery of enough doses of an experimental coronavirus vaccine to innoculate every American adult at least once.
As long as the sailing industry is able to get back to booking cruises by late summer, Royal Caribbean (NYSE: RCL) says its business will survive. But if the no-sail ban currently in effect until July 20 is extended, and goes beyond the third quarter, the cruise ship operator wa
Markets Media caught up with Steve Oh, Head of ETF Listings and Business Development at Nasdaq, to discuss exchange-traded funds (ETFs) amid COVID-19 and recent market volatility.
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Tiffany & Co. (Symbol: TIF), where a total volume of 20,557 contracts has been traded thus far today, a contract volume which is representative of approxima
The CEO of Canadian e-commerce firm Shopify Inc declared on Thursday the end of "office centricity" and decided to keep company offices closed till 2021, allowing most employees to work remotely on a permanent basis after that.
What happened
Shares of Expedia (NASDAQ: EXPE) have declined today, down by 1% as of 12:20 p.m. EDT, after the online travel booking company reported first-quarter results. The stock was down as much as 6% in morning trading but has since recovered some of those losses.
Brewing up some good news after the entire restaurant industry took a drubbing from COVID-19, Starbucks (NASDAQ: SBUX) published an open letter to its partners today describing its recovery following the possible recent decline in the pandemic's severity. The company made the le
Italian payments groups Nexi and SIA are exchanging confidential information as they explore a possible tie up to create an Italian payments powerhouse, three sources familiar with the matter said on Thursday.
What happened
Shares of Chinese video game platform HUYA (NYSE: HUYA) were falling on Thursday after the company reported earnings for the first quarter of 2020. As of 12:45 p.m. EDT, the stock was down 13% for the day, contributing to the stock's 15% loss over the past year.
Baidu (NASDAQ: BIDU), China's leading search provider, is considering delisting from the Nasdaq stock exchange amid rising tensions between U.S. securities regulators and China. The company has reportedly reached out to advisors to examine the consequences of such a move, inclu
California Gov. Gavin Newsom wants to roll out a framework for restarting movie and TV production in the Golden State, planning to publish the rules on Monday, May 25. Newsom made the announcement on a public video conference with eight representatives from the production side o
As manufacturers around the country begin to restart operations amid the COVID-19 pandemic, a Ford Co. (NYSE: F) plant has been forced to quickly shut back down and quarantine infected workers. The workers didn't contract the virus at work, and the Chicago assembly plant quickly
ZURICH (Reuters Breakingviews) - Major economies like Italy and Switzerland are attempting to return to normal, but with notable differences, as columnists in both countries discuss. And Sharon Lam in Hong Kong talks about the future of leisu